Predicting Future Price Moves In Hain Celestial Group Inc (HAIN)

Hain Celestial Group Inc (NASDAQ:HAIN) does about 1.20M shares in volume on a normal day but saw 1866274 shares change hands in Monday trading. The company now has a market cap of 566.83M USD. Its current market price is $6.31, marking an increase of 3.78% compared to the previous close of $6.08. The 52 week high reached by this stock is $18.33 whilst the lowest price level in 52 weeks is $6.07.

Hain Celestial Group Inc (HAIN) has a 20-day trading average at $7.32 and the current price is -65.57% off the 52-week high compared with 3.95% distance from its 52-week low. The 50-day simple moving average of the closing price is $8.72 and its 200-day simple moving average is $10.54. If we look at the stock’s price movements over the week, volatility stands at 5.31%, which decreases to 4.45% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 25.77 to suggest the stock is oversold.

The consensus objective for the share price is $11.77, suggesting that the stock has a potential upside of 46.39% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 01, 2024 when DA Davidson initiated the stock to “Neutral” and issued a price target of $10. Stephens initiated its price target at $17.

Hain Celestial Group Inc (HAIN) stock is down -5.96% over the week and -27.97% over the past month. Its price is -42.37% year-to-date and -65.35% over the past year.

To reach the target analysts have set, the stock logically needs to grow 46.39 percent from here.

The company has a return on investment of -8.41% and return on equity of -15.05%. The forward price to earnings ratio is 13.69. The beta has a value of 0.73. Price to book ratio is 0.57 and price to sales ratio is 0.32.