The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for The Hain Celestial Group Inc. (HAIN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.25, or -1.37%, to $18.00. The The Hain Celestial Group Inc. has recorded 10,752 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Hain Celestial Announces Second Quarter Fiscal Year 2023 Earnings Date and Conference Call.
The company is listed on the NASDAQ and operates within the Packaged Foods industry segment. At the end of the last regular session, the stock closed at $18.25 and fluctuated between $18.44 as its day high and $17.91 as its day low. The current market capitalization of The Hain Celestial Group Inc. is $1.64B. A total of 0.88 million shares were traded on the day, compared to an average of 981.42K shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, HAIN has seen 12 BUY and 5 SELL insider trades, representing the acquisition of 106,224 and the disposition of 13,006 shares. Over the last 12 months, there were 18 BUYs and 20 SELLs from insiders. Insiders purchased 112,122 shares during that period but sold 1,881,033.
In the most recent transaction, Welling Glenn W. sold 1,021,923 shares of HAIN for 26.00 per share on May 17. After the transaction, the Director now owns 0 company shares. In a previous transaction on May 16, Welling Glenn W. sold 209,238 shares at 26.80 per share. HAIN shares that Director owns now total 73,529.
Among the insiders who sold shares, Welling Glenn W. disposed of 10,833 shares on Mar 04 at a per-share price of $34.98. This resulted in the Director holding 78,267 shares of HAIN after the transaction. In another insider transaction, Welling Glenn W. sold 275,000 shares at $35.54 per share on Mar 03. Company shares held by the Director now total 81,300.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for HAIN in the last 3 months, the mean price target is $23.00 with high estimates of $42.00 and low estimates of $16.00. In terms of 52-week highs and lows, HAIN has a high of $37.65 and a low of $15.19.
As of this writing, HAIN has an earnings estimate of $0.08 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.15 per share and a lower estimate of $0.05. The company reported an EPS of $0.33 in the last quarter, which was -26.70% lower than expectations of $0.45.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 16 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HAIN is Underweight with a score of 4.00. A total of 6 analysts rated the stock as Buy while 3 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.