Recent exceptional positive changes in investment behavior have benefitted The Hain Celestial Group Inc (NASDAQ: HAIN): positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.
The Hain Celestial Group Inc (NASDAQ: HAIN) has benefited from marginal positive changes in fundamentals: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Hain Celestial Group has a good Appreciation Score of 75 but a very low Power Rating of 9, resulting in the Negative Value Trend Rating.
Recent Price Action
On 8/28/24, The Hain Celestial Group Inc (NASDAQ: HAIN) stock increased 2.0%, closing at $8.26. Moreover, trading volume in this advance was exceptionally high at 329% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 32.6% during the last week.
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