Hain Celestial Group Inc. (HAIN): Today's Featured Food & Beverage Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.9%. By the end of trading, Hain Celestial Group rose $7.99 (11.0%) to $80.89 on heavy volume. Throughout the day, 2,990,714 shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 427,600 shares. The stock ranged in a price between $78.85-$85.48 after having opened the day at $78.90 as compared to the previous trading day's close of $72.90. Other companies within the Food & Beverage industry that increased today were:
(
), up 4.6%,
(
), up 4.3%,
(
TheStreet Recommends
), up 4.3% and
(
), up 4.1%.
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 $3.5 billion and is part of the consumer goods sector. Shares are up 34.5% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Hain Celestial Group a buy, no analysts rate it a sell, and 2 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. 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 4.6%,
(
), down 3.4%,
(
), down 2.6% and
(
), down 1.9%.
- 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
(
) 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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