Hain Celestial Group Inc’s Stock Is Buy After Today’s Bullish Options Activity

 Hain Celestial Group Inc's Stock Is Buy After Today's Bullish Options Activity

In today’s session Hain Celestial Group Inc (HAIN) registered an unusually high (702) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious HAIN increase. With 702 contracts traded and 66614 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: HAIN161118C00045000 closed last at: $0.35 or 0% . About 177,267 shares traded hands. Hain Celestial Group Inc (NASDAQ:HAIN) has declined 9.71% since March 4, 2016 and is downtrending. It has underperformed by 17.75% the S&P500.

Hain Celestial Group Inc (NASDAQ:HAIN) Ratings Coverage

Out of 23 analysts covering Hain Celestial Group (NASDAQ:HAIN), 11 rate it a “Buy”, 2 “Sell”, while 10 “Hold”. This means 48% are positive. $80 is the highest target while $33 is the lowest. The $51.38 average target is 46.97% above today’s ($34.96) stock price. Hain Celestial Group has been the topic of 50 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm earned “Perform” rating on Tuesday, January 12 by Oppenheimer. The rating was initiated by Maxim Group with “Buy” on Friday, July 24. The stock of Hain Celestial Group Inc (NASDAQ:HAIN) has “Neutral” rating given on Monday, October 19 by Buckingham Research. Jefferies maintained Hain Celestial Group Inc (NASDAQ:HAIN) on Tuesday, August 16 with “Buy” rating. As per Thursday, August 20, the company rating was maintained by S&P Research. On Thursday, September 15 the stock rating was maintained by UBS with “Sell”. The stock of Hain Celestial Group Inc (NASDAQ:HAIN) earned “Neutral” rating by Wedbush on Tuesday, August 16. As per Monday, November 2, the company rating was maintained by RBC Capital Markets. The rating was downgraded by SunTrust to “Neutral” on Tuesday, August 16. The firm has “Outperform” rating given on Friday, September 4 by William Blair.

According to Zacks Investment Research, “The Hain Celestial Group is a natural, specialty and snack food company. The company is a leader in the natural food categories, with such well-known natural food brands as Celestial Seasonings teas, including Sleepytimer, Lemon Zingerr, Red Zingerr, and Tension Tamerr varieties, Hain Pure Foodsr, Earth’s Bestr, and Nile Spice. The company’s principal specialty product lines include Hollywoodr cooking oils, Esteer sugar-free products, Weight Watchersr dry and refrigerated products, Kineretr kosher foods, Boston Better Snacksr, and Alba Foodsr. (PRESS RELEASE)”

Insitutional Activity: The institutional sentiment increased to 1.16 in Q2 2016. Its up 0.20, from 0.96 in 2016Q1. The ratio increased, as 31 funds sold all Hain Celestial Group Inc shares owned while 135 reduced positions. 64 funds bought stakes while 129 increased positions. They now own 83.26 million shares or 2.53% less from 85.42 million shares in 2016Q1.
Advisory Research Inc, a Illinois-based fund reported 7,100 shares. The Ontario – Canada-based Manufacturers Life The has invested 0.01% in Hain Celestial Group Inc (NASDAQ:HAIN). Dnb Asset As owns 51,910 shares or 0% of their US portfolio. Iberiabank holds 0.1% or 4,597 shares in its portfolio. Bard Assocs, a Illinois-based fund reported 27,000 shares. Brown Brothers Harriman And has 0% invested in the company for 124 shares. Creegan & Nassoura Finance Grp Ltd Com last reported 21,500 shares in the company. Blackrock Grp owns 126,854 shares or 0% of their US portfolio. Bb&T Ltd holds 0.01% or 8,765 shares in its portfolio. Nationwide Fund Advsr accumulated 0.11% or 523,520 shares. North American Management holds 29,900 shares or 0.25% of its portfolio. Highbridge Cap Mngmt Llc holds 0.09% or 111,289 shares in its portfolio. Glob X Communication Limited Liability Corporation holds 868 shares or 0% of its portfolio. New York State Common Retirement Fund holds 406,312 shares or 0.03% of its portfolio. Rand Wealth Ltd Liability Corporation holds 0.06% of its portfolio in Hain Celestial Group Inc (NASDAQ:HAIN) for 8,900 shares.

The Hain Celestial Group, Inc. manufactures, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The company has a market cap of $3.56 billion. The Firm operates in five divisions: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. It has a 17.47 P/E ratio. The Company’s brands include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earth’s Best, Ella’s Kitchen, Europe’s Best, Farmhouse Fare, Frank Cooper’s, Gale’s, Garden of Eatin’, GG UniqueFiber, Hartley’s, Health Valley, Imagine, Johnson’s Juice Co., Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co., Rice Dream, Robertson’s, Rudi’s Organic Bakery, Rudi’s Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials and Soy Dream, among others.

HAIN Company Profile

The Hain Celestial Group, Inc., incorporated on May 19, 1993, makes, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The Company’s brand names include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earth’s Best, Ella’s Kitchen, Europe’s Best, Farmhouse Fare, Frank Cooper’s, Gale’s, Garden of Eatin’, GG UniqueFiber, Hartley’s, Health Valley, Imagine, Johnson’s Juice Co., Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co., Rice Dream, Robertson’s, Rudi’s Organic Bakery, Rudi’s Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials, Soy Dream, Sun-Pat, SunSpire, Terra, The Greek Gods, Tilda, WestSoy and Yves Veggie Cuisine. The Company’s personal care products are marketed under the Alba Botanica, Avalon Organics, Earth’s Best, JASON and Queen Helene brands. The Firm operates in five divisions: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. The United States operating segment includes the activities of Ella’s Kitchen, which conducts business in the United States and the United Kingdom. The United Kingdom operating segment includes the activities of Tilda, which conducts business in the United Kingdom, the Middle East and North Africa, Continental Europe, North America and India. Canada and Europe are combined as rest of world. In addition, it also offers the brands: Gluten Free Cafe, Walnut Acres Organic, FreeBird, Plainville Farms, Empire, Kosher Valley, Live Clean, A Healthier Way of Life, Joya and Happy.

More notable recent Hain Celestial Group Inc (NASDAQ:HAIN) news were published by: Prnewswire.com which released: “Hain Celestial Receives Lender Limited Waiver And Extension Of Credit Facility” on September 26, 2016, also Prnewswire.com with their article: “INVESTOR ALERT: Rosen Law Firm Reminds The Hain Celestial Group, Inc …” published on September 09, 2016, Prnewswire.com published: “Sensible Portions® Announces Animated Movie Collaboration With DreamWorks …” on October 06, 2016. More interesting news about Hain Celestial Group Inc (NASDAQ:HAIN) were released by: Benzinga.com and their article: “Jefferies Attempts To Frame The Risk To Hain Celestial From Accounting Issues” published on September 21, 2016 as well as Finance.Yahoo.com‘s news article titled: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of The Hain …” with publication date: September 23, 2016.

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