The Hain Celestial Group, Inc. - Common Stock (HAIN)
2.1600
+0.0100 (0.47%)
NASDAQ · Last Trade: Sep 15th, 8:57 AM EDT
Detailed Quote
Previous Close
2.150
Open
-
Bid
1.790
Ask
1.800
Day's Range
N/A - N/A
52 Week Range
1.300 - 9.430
Volume
3,673,921
Market Cap
215.40M
PE Ratio (TTM)
-0.7448
EPS (TTM)
-2.9
Dividend & Yield
N/A (N/A)
1 Month Average Volume
1,001,006
Chart
About The Hain Celestial Group, Inc. - Common Stock (HAIN)
Hain Celestial Group is a leading company in the natural and organic food and beverage sector, focused on providing innovative, sustainable products that cater to health-conscious consumers. The company specializes in the development, marketing, and distribution of a wide range of products, including snacks, meal solutions, and personal care items, all made with high-quality, natural ingredients. Hain Celestial Group emphasizes promoting a healthier lifestyle and environmental sustainability, aligning its product offerings with the growing demand for better-for-you alternatives in the food industry. Through its diverse portfolio of brands, the company strives to enhance the well-being of its customers while fostering responsible practices in sourcing and production. Read More
Shares of natural food company Hain Celestial (NASDAQ:HAIN)
jumped 5.7% in the afternoon session after the release of a cooler-than-expected Producer Price Index (PPI) report, fanned investor hopes for an interest rate cut by the Federal Reserve.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Hain Celestial (NASDAQ:HAIN) and the best and worst performers in the shelf-stable food industry.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
Shares of natural food company Hain Celestial (NASDAQ:HAIN)
jumped 8.5% in the afternoon session after Federal Reserve Chair Jerome Powell signaled that potential interest rate cuts could be on the horizon, fueling a broad market rally. Powell's comments on Friday indicated that a slowing job market "may warrant" interest rate cuts in the future. This dovish signal from the central bank sparked a significant rally across the broader market, as the prospect of lower borrowing costs boosted investor sentiment. All three major U.S. stock indexes climbed more than 1.6%, with the S&P 500 gaining 1.7%. The market-wide upswing lifted most stocks, including Hain Celestial, as part of the positive reaction to the potential for a less restrictive monetary policy.
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names.
But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
A number of stocks fell in the afternoon session after markets pulled back amid hotter-than-expected inflation data. The main concern for investors was the July Producer Price Index (PPI), a measure of wholesale inflation. The higher-than-expected reading suggests that companies could face squeezed profit margins due to rising costs. This also reduces the likelihood of the Federal Reserve cutting interest rates, which could further dampen economic activity. Compounding these inflation fears are multiple reports signaling a weakening consumer.
A number of stocks jumped in the afternoon session after markets continued to rally as a surprisingly subdued inflation report fueled hopes for an imminent interest rate cut from the U.S. Federal Reserve. The July Consumer Price Index (CPI) report showed a year-over-year increase of 2.7%, which was slightly below market expectations. This tamer-than-expected inflation data was viewed by investors as a key signal that price pressures are easing. As a result, the market has strengthened its conviction that the U.S. Federal Reserve will implement an interest rate cut in September. The prospect of lower borrowing costs tends to boost corporate profitability and can stimulate economic activity, creating a more favorable environment for consumer-facing companies and fueling a broad-based market rally.
A number of stocks jumped in the morning session after the release of a favorable Consumer Price Index (CPI) report, which showed inflation cooling more than anticipated. The July report from the Bureau of Labor Statistics indicated a year-over-year inflation rate of 2.7%, just below the 2.8% economists had forecast. This suggests that price pressures on consumers may be easing. Particularly beneficial for the sector was the news that the food index remained flat, with grocery prices even declining by 0.1% month-over-month. This development is seen as a positive for the profitability of food, beverage, and personal care companies, as lower input costs and increased consumer purchasing power could boost sales.
Stocks under $10 pique our interest because they have room to grow (as well as the most affordable option contract premiums).
That doesn’t mean they’re bargains though, and we urge investors to be careful as many have risky business models.
Shares of natural food company Hain Celestial (NASDAQ:HAIN)
fell 4.3% in the morning session after an analyst at Mizuho lowered the company's price target, signaling a more cautious outlook on the stock's valuation. The analyst, John Baumgartner, reduced the price objective on Hain Celestial's stock to $2.50 from the previous target of $3.00. While the price target was cut, Mizuho maintained its "Neutral" rating on the shares. This adjustment, however, represented a nearly 17% decrease in the analyst's forecast for the stock's future price. A downward revision from a Wall Street firm often prompted investors to reassess their own expectations, which contributed to the selling pressure on the stock during the session.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
