Hain Celestial Group Inc (HAIN)
Hain Celestial Group Inc (HAIN) is a natural and organic food and beverage company that develops, markets, and sells a wide range of products including snacks, beverages, and pantry staples. Founded in 1993, the company focuses on health-conscious consumers and offers brands across categories such as plant-based foods, dairy alternatives, and natural snacks. Headquartered in New York, Hain Celestial emphasizes sustainability and clean-label ingredients in its product portfolio.
Company News
The global plant-based milk market is expected to grow from $21.35 Bn in 2025 to $35.22 Bn by 2032, driven by rising health consciousness, lactose intolerance, and the expanding vegan population. Almond milk and organic plant-based milk are expected to dominate the market.
In the latest quarter, 6 analysts provided ratings for Hain Celestial Group (NASDAQ:HAIN), showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 5 0 0 Last 30D 1 0 1 0 0 1M Ago 0 0 2 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 1 0 0 Analysts have recently evaluated Hain Celestial Group and provided 12-month price targets. The average target is $9.83, accompanied by a high estimate of $15.00 and a low estimate of $8.00. This current average has decreased by 19.43% from the previous average price target of $12.20. Decoding Analyst Ratings: A Detailed Look The standing of Hain Celestial Group among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Anthony Vendetti Maxim Group Lowers Buy $15.00 $18.00 Michael Lavery Piper Sandler Lowers Neutral $8.00 $11.00 Matthew Smith Stifel Lowers Hold $8.00 $10.00 Andrew Lazar Barclays Lowers Equal-Weight $8.00 $11.00 John Baumgartner Mizuho Lowers Neutral $10.00 $11.00 Brian Holland DA Davidson Announces Neutral $10.00 - Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Hain Celestial Group. This information provides a snapshot of how analysts perceive the current state of the ...Full story available on Benzinga.com
Hain Celestial (HAIN) posts mixed results in third-quarter fiscal 2024. Taking into account lower-than-anticipated Q3 results, management slashes its fiscal 2024 outlook.
Stifel analysts are expecting food companies to focus on spinoffs or acquisitions this year as they look to boost growth.
Will it bounce back after a disappointing earnings report?
