The Hain Celestial Group Inc (NASDAQ: HAIN) has reported a loss for its fourth fiscal quarter (ending June 30) of $-0.03 versus a loss $-0.21 for the same period a year ago. E.P.S. were $-0.84 for the latest four quarters through June 30 versus $-1.30 for the same period a year ago.
Recent Price Action
On 8/27/24, The Hain Celestial Group Inc (NASDAQ: HAIN) stock enjoyed a major increase of 18.6%, closing at $8.10. Moreover, trading volume in this advance was exceptionally high at 999% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 22.9% during the last week.
Current PriceTarget Research Rating
HAIN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Hain Celestial Group has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Hain Celestial Group has a good Appreciation Score of 75 but a very low Power Rating of 9, producing the Negative Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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