uploads///Hain Celestials Stock Price Trend

Analyzing the Performance of Hain Celestial’s Stock Price

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Sep. 1 2015, Published 12:06 p.m. ET

Hain Celestial’s stock price fell

Hain Celestial’s (HAIN) shares fell by almost 7%. They were trading at $63.65 after the organic and natural products distributor’s 4Q15 earnings were released on August 18, 2015. It broke the company’s recent share price trend. Now, it’s trading below its maintained range of $67–$70 in the past month. However, the fall in the price showed a better volume than it normally shows in its regular trading.

The company showed earnings of $71.1 million, or $0.55 per share, on an adjusted basis. For the period, the revenue rose by 19.60% YoY (year-over-year) to $698.1 million.

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Stock price rose 

The shares rose by almost 1%. They closed at $64.15 on August 19, 2015, after strong guidance for fiscal 2016. Since then, they have been trading at $60–$62. They closed at $60.86 on August 31, 2015.

Hain Celestial shares have risen 17% since the beginning of the year. The stock has risen 57% in the last 12 months.

On average, analysts were expecting Hain Celestial to report earnings of $0.55 per share on revenue of $694.72 million. This shows that Hain Celestial’s earnings were in line with the estimates.

For the upcoming fiscal year, the company issued an earnings guidance between $2.11 and $2.26 per share versus analysts’ expectations of $2.19 per share.

For the year, the revenue is expected to be between $2.97 billion and $3.11 billion—compared to the consensus estimate of $2.98 billion.

About Hain Celestial 

Hain Celestial is headquartered in Lake Success, New York. Together with its subsidiaries, it manufactures, markets, distributes, and sells organic and natural products in the US, the United Kingdom, Canada, Europe, and India. It’s a food company that focuses on food and personal care products. Hain Celestial participates in many natural categories with well-known brands including Celestial Seasonings, Earth’s Best, Ella’s Kitchen, Terra, and Garden of Eatin’ among others.

Its main rivals include Campbell Soup (CPB) and ConAgra Foods (CAG). They recorded positive YTD (year-to-date) returns of 9.07% and 14.88%, respectively. Hain Celestial recorded a 4.41% YTD return, respectively.

The Consumer Staples Select Sector SPDR Fund (XLP) invests 0.59% and the SPDR S&P 500 ETF Trust (SPY) invests 0.04% of their portfolios in Campbell Soup stock.

In the next part of this series, we’ll look at Hain Celestial’s fourth quarter performance. This contributed to the recent fall and rise in the company’s stock price.

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