Hain Celestial Group Inc (HAIN): Today's Featured Wholesale Laggard

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 lower today making it today's featured Wholesale laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Hain Celestial Group fell $0.99 (-1.2%) to $83.50 on light volume. Throughout the day, 458,279 shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 689,900 shares. The stock ranged in price between $82.77-$85.60 after having opened the day at $84.67 as compared to the previous trading day's close of $84.49. Other companies within the Wholesale industry that declined today were: InfoSonics ( IFON), down 12.1%, Wayside Technology Group ( WSTG), down 11.5%, Rada Electronics Industries ( RADA), down 10.8% and Armco Metals Holdings ( AMCO), down 10.6%.

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 $4.2 billion and is part of the services sector. The company has a P/E ratio of 33.9, above the S&P 500 P/E ratio of 17.7. Shares are down 6.9% 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 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, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Susser Petroleum Partners ( SUSP), up 22.0%, Louisiana-Pacific ( LPX), up 3.0%, LKQ ( LKQ), up 2.1% and Tessco Technologies ( TESS), up 2.0% , were all gainers within the wholesale industry with Cardinal Health ( CAH) being today's featured wholesale industry leader.

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 ( IYK) while those bearish on the wholesale industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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