The Hain Celestial Group, Inc. (NASDAQ:HAIN) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $15.91 –$18.56 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Hain Celestial currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.
The Hain Celestial Group, Inc. Price
Investors interested in the Food - Miscellaneous industry may consider Celsius Holdings, Inc. (NASDAQ:CELH) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is HAIN going up? Or down? Predict to see what others think:Up or Down
Zacks' Best Stock-Picking Strategy
It's hard to believe, even for us at Zacks. But from 2000-2018, while the market gained +4.8% per year, our top stock-picking strategy averaged +54.3% per year.
How has that screen done lately? From 2017-2018, it sextupled the market's +15.8% gain with a soaring +98.3% return.
Free – See the Stocks It Turned Up for Today >>
The Hain Celestial Group, Inc. (HAIN): Free Stock Analysis Report
Celsius Holdings Inc. (CELH): Free Stock Analysis Report
Original post
Zacks Investment Research