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 Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day down 0.3%. By the end of trading, Hain Celestial Group rose $1.23 (1.5%) to $82.54 on average volume. Throughout the day, 632,772 shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 567,100 shares. The stock ranged in a price between $80.50-$82.99 after having opened the day at $81.20 as compared to the previous trading day's close of $81.31. Other companies within the Wholesale industry that increased today were: Armco Metals Holdings ( AMCO), up 3.3%, InfoSonics Corporation ( IFON), up 2.6%, Richardson Electronics ( RELL), up 2.2% and Chefs Warehouse Holdings ( CHEF), up 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 $3.9 billion and is part of the services sector. The company has a P/E ratio of 30.7, above the S&P 500 P/E ratio of 17.7. Shares are up 50.0% year to date as of the close of trading on Tuesday. 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 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, 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.