Published: Fri, June 23, 2017
Markets | By Noel Gibbs

The Hain Celestial Group, Inc. (NASDAQ:HAIN) Gains 6.30% Pre-market

The Hain Celestial Group, Inc. (NASDAQ:HAIN) Gains 6.30% Pre-market

It fall, as 57 investors sold HAIN shares while 136 reduced holdings. (NASDAQ:HAIN) by 33.3% during the first quarter, according to its most recent 13F filing with the SEC.

The company said it expects adjusted earnings of $1.19 to 1.22 a share on revenue of $2.84 billion and $2.86 billion for fiscal 2017, and it targeting revenue growth of 4% to 6% in fiscal 2018. Stock traders bought 13,342 call options on the company.

More important recent Hain Celestial Group Inc (NASDAQ:HAIN) news were published by: Benzinga.com which released: "UBS Is Cautious On Hain Celestial, Campbell Soup And Conagra Following Whole ..." on June 20, 2017, also Nasdaq.com published article titled: "Is Hain Celestial a Great Stock for Value Investors?", Newsday.com published: "Hain Celestial to release long-delayed earnings reports" on June 14, 2017. (NASDAQ:HAIN) announced the completion of its internal accounting review and audit process for its fiscal year ended June 30, 2016. The original version of this report can be read at https://www.thecerbatgem.com/2017/06/21/hain-celestial-group-inc-hain-raised-to-hold-at-zacks-investment-research-updated-updated-updated-updated.html. The high end target price has shares touching $50 and the low end target estimate has the stock moving to $33 within the year. Finally, AQR Capital Management LLC boosted its stake in shares of The Hain Celestial Group by 46.7% in the fourth quarter. Hedge funds and other institutional investors own 85.97% of the company's stock. (HAIN) traded down 1.51% during midday trading on Thursday, reaching $32.66. Upon the filing of these outstanding reports, the Company will be current with all of its reporting obligations with the Securities and Exchange Commission. The company has a market capitalization of $3.38 billion, a P/E ratio of 16.35 and a beta of 1.23. Company's distance from 20 day simple moving average is -5.84% and distance from 50-Day simple moving average is -8.61%. Raymond James Financial Serv Advisors has invested 0% of its portfolio in Hain Celestial Group Inc (NASDAQ:HAIN). This is an increase of approximately 477% compared to the typical volume of 2,522 put options. Bronson Point Limited Liability has invested 1.81% in Hain Celestial Group Inc (NASDAQ:HAIN).

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COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by Markets Daily and is the property of of Markets Daily. If you are viewing this report on another website, it was illegally stolen and reposted in violation of USA and worldwide trademark and copyright law. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.18% of its portfolio in Hain Celestial Group Inc (NASDAQ:HAIN) for 447,605 shares.

Hain Celestial said Thursday that a almost year-long accounting review has concluded that the organic food maker doesn't need to make any major changes to its past financial reports. Hain Celestial Group had 55 analyst reports since July 24, 2015 according to SRatingsIntel.

Several analysts have provided guidance on the company.

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About The Hain Celestial Group, Inc.

Among 26 analysts covering Hain Celestial Group (NASDAQ:HAIN), 12 have Buy rating, 2 Sell and 12 Hold. The stock now has a consensus rating of "Hold" and a consensus price target of $42.97.

The Hain Celestial Group, Inc.is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products.

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