Hain Celestial Group Inc (NASDAQ:HAIN) price on Wednesday, February 05, fall -3.85% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.75.
A look at the stock’s price movement, the close in the last trading session was $4.94, moving within a range at $4.601 and $4.94. The beta value (5-Year monthly) was 0.743. Turning to its 52-week performance, $11.68 and $4.47 were the 52-week high and 52-week low respectively. Overall, HAIN moved -23.26% over the past month.
Hain Celestial Group Inc’s market cap currently stands at around $428.42 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 431.01M for the company’s revenue for the quarter, with a low and high estimate of 420.6M and 439M respectively. The average forecast suggests down to a -5.08% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.67B, representing a -3.54% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HAIN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 0 recommend HAIN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
HAIN’s current price about -4.84% and -26.41% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.95, while 7-day volatility ratio is 5.07% and 6.74% in the 30-day chart. Further, Hain Celestial Group Inc (HAIN) has a beta value of 0.78, and an average true range (ATR) of 0.32. Analysts have given the company’s stock an average 52-week price target of $9, forecast between a low of $9 and high of $10. Looking at the price targets, the low is -89.47% off current price level while to achieve the yearly target high, price needs to move -110.53%. Nonetheless, investors will most likely welcome a -89.47% jump to $9 which is the analysts’ median price.
If we refocus on Hain Celestial Group Inc (NASDAQ:HAIN), historical trading data shows that trading volumes averaged 1.47 over the past 10 days and 1.50 million over the past 3 months. The company’s latest data on shares outstanding shows there are 89.91 million shares.
The 0.97% of Hain Celestial Group Inc’s shares are in the hands of company insiders while institutional holders own 101.81% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.5 million on 2025-01-15, giving us a short ratio of 3.36. The data shows that as of 2025-01-15 short interest in Hain Celestial Group Inc (HAIN) stood at 861.9999999999999 of shares outstanding, with shares short rising to 4.97 million registered in 2024-12-13. Current price change has pushed the stock -22.76% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HAIN stock continues to rise going into the next quarter.
