Hain Celestial (HAIN) Stock Drops Amid Financial Challenges

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Dec 19, 2024
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Hain Celestial Group Inc. (HAIN, Financial) experienced a significant stock drop of 5.05%, with shares priced at $6.77. The trading volume reached 324,449 shares, reflecting a turnover rate of 0.36% and a volatility of 5.75%. Recent financial reports show the company generated $395 million in revenue, but faced a net loss of $19.66 million, resulting in a negative earnings per share of $0.22 and a price-to-earnings ratio of -7.21.

In terms of analyst ratings, 36% of 14 rating institutions recommend buying, while 64% suggest holding, with no sell recommendations. The packaged food industry, where Hain Celestial operates, saw an overall increase of 0.50%. Notably, stocks like Lifevantage Corporation and Agape Atp Corporation showed significant gains.

Hain Celestial produces natural and organic foods, as well as personal care products, with its main revenue from North America.

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.