The Hain Celestial Group, Inc. (HAIN) : What’s the Story?

The Hain Celestial Group, Inc. (NASDAQ:HAIN) is an interesting player in the Services space, with a focus on Food Wholesale. The stock has been active on the tape, currently trading at $39.83, up from yesterday’s close by -0.85%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

It’s important to get a feel for how any stock is actually valued on the market based on its core numbers. The Hain Celestial Group, Inc. (HAIN) currently trades with a market capitalization of $4.12B. That value represents a market adjusting for revenues that have been growing by 13.10% on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For HAIN, the company currently has $125.39M of cash on the books, which is offset by $917.43M current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $156.80M over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of 0.59 on a per share basis this quarter. Perhaps, that suggests something about why 91.60% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how has been acting. Looking at the stock’s movement on the chart, The Hain Celestial Group, Inc. recorded a 52-week high of 56.99. It is now trading 16.82 off that level. The stock is trading 39.46 its 50-day moving average by -0.71. The stock carved out a 52-week low down at 33.12.

In recent action, The Hain Celestial Group, Inc. (HAIN) has made a move of +1.09% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 9.3, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 100.98M with 9.61% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of HAIN.

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