Hain Celestial Group Inc. (HAIN): Today's Featured Food & Beverage Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Hain Celestial Group (HAIN) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 1%. By the end of trading, Hain Celestial Group fell $2.71 (-4.7%) to $54.94 on heavy volume. Throughout the day, 1.8 million shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 898,500 shares. The stock ranged in price between $54.88-$57.99 after having opened the day at $57.85 as compared to the previous trading day's close of $57.65. Other companies within the Food & Beverage industry that declined today were: Central European Distribution (CEDC), down 8.6%, Reeds (REED), down 7.1%, Origin Agritech (SEED), down 3%, and Le Gaga Holdings (GAGA), down 2.8%.

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The Hain Celestial Group, Inc., together with its subsidiaries, manufactures, markets, distributes, and sells natural and organic products. Hain Celestial Group has a market cap of $2.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 24, above the S&P 500 P/E ratio of 17.7. Shares are up 7.1% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Hain Celestial Group a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Hain Celestial Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

• You can view the full Hain Celestial Group Ratings Report.

On the positive front, Leading Brands (LBIX), up 6.3%, SkyPeople Fruit Juice (SPU), up 5.6%, Omega Protein Corporation (OME), up 5.5%, and Molson Coors Brewing Company (TAP.A), up 5.5%, were all gainers within the food & beverage industry with Coca-Cola (KO) being today's featured food & beverage industry leader.

• Use our food & beverage section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider PowerShares Dynamic Food & Beverage (PBJ) while those bearish on the food & beverage industry could consider PowerShares DB Agriculture Sht ETN (ADZ).

• Find other investment ideas from our top rated ETFs lists.

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