Analyst Ratings for Hain Celestial Group Inc. (HAIN)Updated: 2017-07-28
An average rating of Overweight has been given to Hain Celestial Group Inc. (NASDAQ:HAIN) by analysts covering the stock. About 30 days ago, HAIN was issued an average rating of Hold.
A buy rating was issued by 7 analysts, 0 issued an overweight rating, 11 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 3. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for HAIN. The most optimistic price target was 63, implying a possible profit of 40.44 percent. The most pessimistic analyst gave a price target of 31, which equates to a potential downside of -30.9 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -31.58 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -41.67 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
HAIN has a 52-week high of 56.99 and a 52-week low of 31.01. Currently the stock is 44.66 percent higher than its low, and below the high by 21.28 percent. HAIN has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The HAIN value stock report compares HAIN to some of its peers using value stock charts. The market cap of HAIN is $4.65 billion. HAIN will post this quarters earnings in days, on 0000-00-00.