Hain Celestial Group (HAIN) - Bull of the Day

By Zacks.com,  June 28, 2012, 01:00:01 AM EDT

A leader in natural food and personal care products with an array of well-known brands, Hain Celestial Group ( HAIN ) offers investors one of the strongest growth profiles in the industry. The company's strategic investments plus continued efforts to contain costs, increase productivity and enhance cash flows and margins, have enabled it to deliver healthy results. This is evident from Hain's third-quarter 2012.

Quarterly earnings of $0.54 per share beat the Zacks Consensus Estimate of $0.50, and rose 50% from the prior-year quarter. The company's top line also grew an impressive 31.5%. The better-than-expected result prompted management to raise fiscal 2012 earnings guidance to a range of $1.76 to $1.80 per share. Total sales are now projected between $1.40 billion and $1.41 billion for the year.

Acquisitions have been also a key part of the company's strategy to build market share. Buoyed by better-than-expected results and an optimistic outlook, we upgrade our recommendation on the stock to Outperform.
 
HAIN CELESTIAL (HAIN): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Stocks

Referenced Stocks: HAIN



Latest News Video

Private Wealth Revives, Managers Face Higher Costs
Private Wealth Revives, Managers Fa...
Private Island on the Thames: $11.7 Million
Private Island on the Thames: $11.7...
Take Control Of Your Wealth
Take Control Of Your Wealth         
How to Avoid Getting Caught Pre-Defection
How to Avoid Getting Caught Pre-Def...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.




Most Active by Volume:

Company Last Sale Change Net / %
S $ 7.091 0.23  3.13%
MU $ 13.90 0.15  1.09%
PFE $ 29.4269 0.03  0.09%
BAC $ 13.23 0.04  0.30%
NWSAV $ 15.93 unch
BBRY $ 14.365 0.48  3.20%
WY $ 27.90 0.34  1.20%
GE $ 24.225 0.11  0.43%