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
) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day down 0.8%. By the end of trading, Hain Celestial Group rose 65 cents (1.1%) to $61.32 on light volume. Throughout the day, 628,990 shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $59.94-$61.44 after having opened the day at $60.25 as compared to the previous trading day's close of $60.67. Other companies within the Food & Beverage industry that increased today were:
), up 2.7%,
), up 2.5%,
), up 2.3%, and
), up 2.2%.
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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 $2.65 billion and is part of the consumer goods sector. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7. Shares are up 12.4% year to date as of the close of trading on Wednesday. Currently there are nine 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
. 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 negative front,
), down 10.2%,
), down 8%,
), down 4.8%, and
), down 4.2%, were all laggards within the food & beverage industry with
) being today's food & beverage industry laggard.
- Use our food & beverage section to find industry-relevant news.
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) while those bearish on the food & beverage industry could consider
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