With 1.27 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.9 million shares. The 52-week range on HAIN shows that it touched its highest point at $9.43 and its lowest point at $1.30 during that stretch. It currently has a 1-year price target of $2.98. Beta for the stock currently stands at 0.84.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HAIN was down-trending over the past week, with a drop of -5.35%, but this was up by 22.07% over a month. Three-month performance dropped to -61.10% while six-month performance fell -78.73%. The stock lost -77.28% in the past year, while it has lost -71.22% so far this year. A look at the trailing 12-month EPS for HAIN yields -2.90 with Next year EPS estimates of 0.26. For the next quarter, that number is 0.06. This implies an EPS growth rate of -44.39% for this year and 42.32% for next year. EPS is expected to decline by -13.61% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.39%.
Float and Shares Shorts:
At present, 90.25 million HAIN shares are outstanding with a float of 88.62 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HAIN since 3 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.31171 being high and $0.25138 being low. For HAIN, this leads to a yearly average estimate of $0.2916.