The stock price of Hain Celestial Group Inc (NASDAQ: HAIN) has plunged by 0.00 when compared to previous closing price of 7.66, but the company has seen a -4.61% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-11 that HOBOKEN, N.J., Sept. 11, 2024 /PRNewswire/ — There are two types of people in the world: those who cling to every last ounce of summer and those who break out the pumpkin-scented candles with the first dip in temperatures.
Is It Worth Investing in Hain Celestial Group Inc (NASDAQ: HAIN) Right Now?
The stock has a 36-month beta value of 0.75. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 5 as “overweight,” 12 as “hold,” and 1 as “sell.”
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The public float for HAIN is 89.04M, and at present, short sellers hold a 6.29% of that float. On September 26, 2024, the average trading volume of HAIN was 1.21M shares.
HAIN’s Market Performance
HAIN stock saw an increase of -4.61% in the past week, with a monthly gain of 12.15% and a quarterly increase of 13.99%. The volatility ratio for the week is 2.98%, and the volatility levels for the last 30 days are 5.87% for Hain Celestial Group Inc (HAIN). The simple moving average for the last 20 days is -5.21% for HAIN stock, with a simple moving average of -7.14% for the last 200 days.
Analysts’ Opinion of HAIN
Many brokerage firms have already submitted their reports for HAIN stocks, with DA Davidson repeating the rating for HAIN by listing it as a “Neutral.” The predicted price for HAIN in the upcoming period, according to DA Davidson is $10 based on the research report published on March 01, 2024 of the current year 2024.
Maxim Group, on the other hand, stated in their research note that they expect to see HAIN reach a price target of $18, previously predicting the price at $25. The rating they have provided for HAIN stocks is “Buy” according to the report published on February 08th, 2024.
Stephens gave a rating of “Overweight” to HAIN, setting the target price at $17 in the report published on June 23rd of the previous year.
HAIN Trading at 1.80% from the 50-Day Moving Average
After a stumble in the market that brought HAIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.67% of loss for the given period.
Volatility was left at 5.87%, however, over the last 30 days, the volatility rate increased by 2.98%, as shares sank -5.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.73% upper at present.
During the last 5 trading sessions, HAIN fell by -4.61%, which changed the moving average for the period of 200-days by -29.07% in comparison to the 20-day moving average, which settled at $8.06. In addition, Hain Celestial Group Inc saw -30.05% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HAIN starting from Marquardt Chad D., who purchase 100 shares at the price of $8.29 back on Sep 10 ’24. After this action, Marquardt Chad D. now owns 100 shares of Hain Celestial Group Inc, valued at $828 using the latest closing price.
Davidson Wendy P, the President and CEO of Hain Celestial Group Inc, purchase 100 shares at $8.30 during a trade that took place back on Sep 09 ’24, which means that Davidson Wendy P is holding 100 shares at $830 based on the most recent closing price.
Stock Fundamentals for HAIN
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.22 for the gross margin
The net margin for Hain Celestial Group Inc stands at -0.04. The total capital return value is set at 0.03. Equity return is now at value -7.65, with -3.43 for asset returns.
Based on Hain Celestial Group Inc (HAIN), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.8. The interest coverage ratio of the stock is 0.96.
Currently, EBITDA for the company is 136.22 million with net debt to EBITDA at 5.81. When we switch over and look at the enterprise to sales, we see a ratio of 0.85. The receivables turnover for the company is 9.69for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.98.
Conclusion
To sum up, Hain Celestial Group Inc (HAIN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
