HAIN Stock Surges Over 5% Following Financial Report

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Oct 28, 2024
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Hain Celestial Group Inc. (HAIN, Financial) experienced a significant stock movement with a rise of 5.07% in its share price. The stock is currently valued at $8.82 per share with a trading volume of 232,094 shares, reflecting a turnover rate of 0.26% and a price fluctuation of 4.40%.

Recent financial data shows Hain Celestial reported a revenue of $1.736 billion, with a net loss of $75.04 million, translating to an earnings per share (EPS) of -$0.84. The company's gross profit stands at $376 million, and it holds a negative price-to-earnings (P/E) ratio of -10.48. Currently, there are no institutional ratings suggesting 'buy', 'hold', or 'sell' for the stock.

Within the packaged foods industry, where Hain Celestial operates, the sector saw a minimal increase of 0.02%. Among the notable performers in this industry were Above Food Ingredients Inc, Happiness Biopharma, and Stryve Foods Inc, which displayed significant price increases. Stocks such as Stryve Foods Inc., Agape Atp Corporation, and Blue Star Foods Corp. showed high trading activity with turnover rates of 90.52%, 89.31%, and 42.61% respectively. Volatility was prominent in Happiness Biopharma, Stryve Foods Inc., and Clene Inc, which exhibited amplitude percentages of 71.06%, 58.95%, and 35.20% respectively.

Hain Celestial Group Inc is a leading health and wellness company specializing in natural and organic food products as well as personal care items. The company operates through well-known brands like Garden Veggie Snacks, Terra Chips, and Celestial Seasonings. Its operations are divided into two segments: North America and International. The North American segment, which includes the US and Canada, generates the majority of its revenue, while the International segment covers the UK and Western Europe.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.