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 Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Hain Celestial Group fell $3.82 (-4.6%) to $79.85 on heavy volume. Throughout the day, 896,155 shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 581,600 shares. The stock ranged in price between $79.59-$83.70 after having opened the day at $83.70 as compared to the previous trading day's close of $83.67. Other companies within the Wholesale industry that declined today were:
(
), down 2.6%,
(
), down 2.3%,
(
), down 1.9% and
(
), down 1.9%.
The Hain Celestial Group, Inc., together with its subsidiaries, manufactures, markets, distributes, and sells organic and natural products. Hain Celestial Group has a market cap of $4.0 billion and is part of the services sector. The company has a P/E ratio of 31.3, above the S&P 500 P/E ratio of 17.7. Shares are up 54.0% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Hain Celestial Group a buy, no analysts rate it a sell, and 1 rates 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, good cash flow from operations, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Hain Celestial Group Ratings Report.
On the positive front,
(
), up 8.1%,
(
), up 5.7%,
(
), up 3.8% and
(
), up 2.6%.
- Use our wholesale 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 wholesale industry could consider
iShares Dow Jones US Cons Goods
(
) while those bearish on the wholesale industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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