Hain Celestial Group Inc. (HAIN): Today's Featured Consumer Goods Winner

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 Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 0.2%. By the end of trading, Hain Celestial Group rose 62 cents (1%) to $60.82 on light volume. Throughout the day, 469,254 shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 749,600 shares. The stock ranged in a price between $60.27-$61.42 after having opened the day at $61.11 as compared to the previous trading day's close of $60.20. Other companies within the Consumer Goods sector that increased today were: Ralcorp Holdings Incorporated ( RAH), up 26.4%, Tandy Brands Accessories ( TBAC), up 14.7%, Monster Beverage ( MNST), up 13.3%, and Ever-Glory International Group ( EVK), up 12.8%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 $2.87 billion and is part of the food & beverage industry. The company has a P/E ratio of 28.4, above the S&P 500 P/E ratio of 17.7. Shares are up 69.7% year to date as of the close of trading on Monday. Currently there are 11 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 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 good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Thor Industries ( THO), down 11.5%, Synutra International ( SYUT), down 11.3%, Cereplast ( CERP), down 9.9%, and Verso Paper ( VRS), down 9.2%, were all laggards within the consumer goods sector with Avon Products ( AVP) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.
null

If you liked this article you might like

Hain Celestial: Cramer's Top Takeaways

Stay Focused on the Green Lights: Cramer's 'Mad Money' Recap (Wed 8/30/17)

Put Down That Cup of Tea and Check Out Hain Celestial

Put Down That Cup of Tea and Check Out Hain Celestial

Whole Foods Will Pummel Amazon's Profits, a Lot