The Hain Celestial Group Inc. (HAIN) is gearing up for another turning point as it hit the volume of 0.99 million

A new trading day began on May 23, 2023, with The Hain Celestial Group Inc. (NASDAQ: HAIN) stock priced at $13.60, down -0.84% from the previous day of trading. During the day, the shares moved up to $13.785 and dropped to $13.46 before settling in for the closing price of $13.61. HAIN’s price has ranged from $13.05 to $26.78 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Defensive Sector giant saw their annual sales slid by -4.20% over the last five years. Meanwhile, its annual earnings per share averaged 30.10%. With a float of $88.20 million, this company’s outstanding shares have now reached $89.42 million.

The firm has a total of 3078 workers. Let’s measure their productivity. In terms of profitability, gross margin is +22.12, operating margin of +7.36, and the pretax margin is +5.47.

The Hain Celestial Group Inc. (HAIN) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaged Foods Industry. The insider ownership of The Hain Celestial Group Inc. is 1.10%, while institutional ownership is 98.91%. The most recent insider transaction that took place on Feb 17, was worth 468,630. In this transaction Director of this company sold 25,000 shares at a rate of $18.75, taking the stock ownership to the 222,493 shares. Before that another transaction happened on Feb 15, when Company’s Director sold 25,000 for $18.90, making the entire transaction worth $472,620. This insider now owns 247,493 shares in total.

The Hain Celestial Group Inc. (HAIN) Earnings and Forecasts

In its latest quarterly report, released on 3/30/2023, the company reported earnings of $0.08 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +4.12 while generating a return on equity of 5.98. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 30.10% per share during the next fiscal year.

The Hain Celestial Group Inc. (NASDAQ: HAIN) Trading Performance Indicators

Here are The Hain Celestial Group Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.06, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.62 in one year’s time.

Technical Analysis of The Hain Celestial Group Inc. (HAIN)

Analysing the last 5-days average volume posted by the [The Hain Celestial Group Inc., HAIN], we can find that recorded value of 0.95 million was better than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 16.95%. Additionally, its Average True Range was 0.57.

During the past 100 days, The Hain Celestial Group Inc.’s (HAIN) raw stochastic average was set at 4.90%, which indicates a significant decrease from 9.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.94% in the past 14 days, which was higher than the 44.41% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.51, while its 200-day Moving Average is $18.24. Now, the first resistance to watch is $13.70. This is followed by the second major resistance level at $13.90. The third major resistance level sits at $14.02. If the price goes on to break the first support level at $13.38, it is likely to go to the next support level at $13.26. Should the price break the second support level, the third support level stands at $13.05.

The Hain Celestial Group Inc. (NASDAQ: HAIN) Key Stats

With a market capitalization of 1.21 billion, the company has a total of 89,444K Shares Outstanding. Currently, annual sales are 1,892 M while annual income is 77,870 K. The company’s previous quarter sales were 455,240 K while its latest quarter income was -115,730 K.