For its third fiscal quarter (ending March 31), The Hain Celestial Group Inc (NASDAQ: HAIN) has reported E.P.S. of $-0.54 compared to $-1.29 a year ago. This result fell short of the consensus estimate of $0.10 by $-0.64. For the latest four quarters through March 31, E.P.S. were $-1.01 versus $-1.06 for the same period a year ago.
Recent Price Action
The Hain Celestial Group Inc (NASDAQ: HAIN) stock declined slightly by -0.2% on 5/8/24. The stock closed at $6.65. This decline was accompanied by normal trading volume. The stock has been extremely weak relative to the market over the last nine months but has risen 8.3% 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 70 but a very low Power Rating of 6, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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