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Maxim Group Stick to Their Buy Rating for The Hain Celestial Group

Published 08/28/2021, 07:25 AM
Updated 08/28/2021, 07:25 AM


Maxim Group analyst Anthony Vendetti maintained a Buy rating on The Hain Celestial (NASDAQ:HAIN) Group on Friday, setting a price target of $52, which is approximately 43.96% above the present share price of $36.12.

Vendetti expects The Hain Celestial Group to post earnings per share (EPS) of $0.34 for the third quarter of 2021.

The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Hain Celestial, with an average price target of $46.5.
The analysts price targets range from a high of $52 to a low of $41.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $492.6 million and a net profit of $53.54 million. The company's market cap is $3.6 billion.

According to TipRanks.com, Maxim Group analyst Anthony Vendetti is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.7% and a 46.61% success rate.

Hain Celestial Group, Inc. engages in the production and distribution of organic and natural products. It operates through the following geographical segments: United States, United Kingdom, Rest of World, and Corporate and Other. The United States segment comprises of baby, pantry, snack food, fresh, personal care, and tea products. The United Kingdom segment offers frozen and chilled products. The Rest of World segment distributes products in Canada and Europe. The Corporate and Other segment includes expenses related to the firm's administrative functions. The company was founded by Irwin David Simon on May 19, 1993 and is headquartered in Lake Success, NY.

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