The Hain Celestial Group produces natural and organic beverage, snack, specialty food and personal care products.
From a fundamental viewpoint, the group is in a good financial situation. Sales are up 25.4% in the current year, with a net income of $55 million. Analysts widely revised upward in recent times their earnings per share estimates, which is a reliable indicator reflecting the healthiness of the company.
Since several months, the stock has initiated a sharp bullish trend mainly due to the company's strong fundamentals. The move could be continued, supported by 20-days moving average, and the stock might return to its highest price levels.
Taking into account all these elements, investors could buy the stock at the current price. The target price is set above the USD 56.8 mid-term resistance. A stop loss order will be fixed below USD 51.6.
The Hain Celestial Group, Inc. is a global health and wellness company. The Company operates through two segments: North America Segment, and International Segment. The Companyâs North America Segment includes the United States and Canada. The Companyâs International Segment includes the United Kingdom, and Europe. The Company's brands include Garden Veggie Snacks, Terra chips, Garden of Eatin snacks, Earths Best and Ellas Kitchen baby and toddler foods, Celestial Seasonings teas, Joya and Natumi plant-based beverages, Greek Gods yogurt, Yorkshire Provender, Cully & Sully and Covent Garden soups, Yves and Linda McCartneys (under license) meat-free, Alba Botanica natural sun care, and Live Clean personal care products, among others. The Company sells its products through specialty and natural food distributors, supermarkets, natural food stores, mass-market and e-commerce retailers, food service channels and club, drug and convenience stores worldwide.
THE HAIN CELESTIAL GROUP, INC. 
