Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) recorded -13.85% loss during trading session on November 8th, 2018. The script traded as low as $22.03 and last traded at $22.51. 6.38 million shares changed exchanged hands during trading, a drop of -383.33% from the 30-day average session volume of 1.32M shares. The firm had previously closed at $26.13. The company has $109.84M outstanding shares, a price-to-earnings ratio of 36.48, price-to-earnings-growth ratio of 1.01 and a beta of 1.11. The company has a RSI of 31.09, ATR of 1.05 and a volatility of 5.39% this week. HAIN has a 52 week low price of $23.75 and a 52 week high price of $44.37.
Investors have identified the tech company The Hain Celestial Group, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 2.47B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
The Hain Celestial Group, Inc. (HAIN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For HAIN, the company has in raw cash 106.56 million on their books with 229.99 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 1.08 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
HAIN were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 0. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for The Hain Celestial Group, Inc. (HAIN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, The Hain Celestial Group, Inc. recorded a total of 341.57 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.02% coming in sequential stages and their sales for the third quarter reducing by -0.85%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 235.01 million trying to sell their products during the last quarter, with the result yielding a gross income of 106.56 million. This allows shareholders to hold on to 109.84M with the revenue now reading -670 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.32 cents a share).
Is the stock of HAIN attractive?
Having a look at the company’s valuation, the company is expected to record 1.41 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on HAIN sounds very interesting.
In related news, Director Welling Glenn W. bought 1,407,543 shares of the company’s stock in a transaction that recorded on February 28th, 2018. The purchase was performed at an average price of 34.83, for a total value of 49,023,456. As the purchase deal closes, the Pres., CEO & Chairman of Bd Welling Glenn W. now bought 9,500 shares of the company’s stock, valued at 334,522. Also, Director Hollis Richard Dean bought 10,000 shares of the company’s stock in a deal that was recorded on November 10th, 2018. The shares were bought at an average cost of 35.27 per share, with a total market value of 10,000. Following this completion of disposal, the Pres., CEO & Chairman of Bd now holds 8,600 shares of the company’s stock, valued at 303,006. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.60%.