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.

Hain Celestial Group ( HAIN) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.1%. By the end of trading, Hain Celestial Group rose $2.08 (2.8%) to $75.99 on average volume. Throughout the day, 639,365 shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 451,300 shares. The stock ranged in a price between $74.04-$76.00 after having opened the day at $74.09 as compared to the previous trading day's close of $73.91. Other companies within the Food & Beverage industry that increased today were: Reeds ( REED), up 8.1%, Dole Food ( DOLE), up 5.3%, Coca-Cola Bottling Company ( COKE), up 3.6% and Tofutti Brands ( TOF), up 3.2%.

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 36.3% year to date as of the close of trading on Friday. 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 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 solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Crumbs Bake Shop ( CRMB), down 4.7%, Synutra International ( SYUT), down 4.7%, Amira Nature Foods ( ANFI), down 4.4% and Truett-Hurst ( THST), down 4.4% , were all laggards within the food & beverage industry with Monster Beverage ( MNST) being today's food & beverage industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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