Travel & Tourism Industry release:
Hain Celestial Group
Shares in New York headquartered The Hain Celestial Group Inc. saw a slight decline of 0.36%, ending Wednesday’s trading session at $41.58. The stock recorded a trading volume of 1.25 million shares. The Company’s shares have gained 16.80% in the last one month, 4.89% over the last three months, and 6.53% on an YTD basis. The stock is trading 6.74% and 8.71% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Hain Celestial have a Relative Strength Index (RSI) of 66.86.
On November 07th, 2017, Hain Celestial reported its financial results for Q1 FY18 ended September 30th, 2017. Net sales for Q1 FY18 were $708.3 million; gross margin was 18.6%; and operating income was $31.5 million. Net income for the quarter was $19.8 million, EBITDA increased to $51.3 million, and earnings per share were $0.19.
On November 08th, 2017, research firm Bernstein upgraded the Company’s stock rating from ‘Market Perform’ to ‘Outperform’. Complimentary subscription to our free research report on HAIN at: www.wallstequities.com/registration/?symbol=HAIN
United Natural Foods
Rhode Island headquartered United Natural Foods Inc.’s stock jumped 5.41%, closing the day at $46.75. A total volume of 1.44 million shares was traded, which was above their three months average volume of 876,800 shares. The Company’s shares have advanced 22.74% in the past month and 37.02% in the previous three months. The stock is trading 14.76% and 17.39% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company have an RSI of 80.30.
On November 14th, 2017, research firm Goldman resumed its ‘Neutral’ rating on the Company’s stock, with a target price of $41 per share.
On November 21st, 2017, United Natural Foods announced that it will release its financial results for Q1 FY18, ended October 28th, 2017, after market close on December 07th, 2017. Management will conduct a conference call and audio webcast at 5:00 p.m. ET that same day to review the Company’s results, market trends, and future outlook. Access the free research report on UNFI now by signing up at: www.wallstequities.com/registration/?symbol=UNFI
On Wednesday, shares in Texas headquartered Sysco Corp. recorded a trading volume of 3.52 million shares, which was higher than their three months average volume of 2.29 million shares. The stock ended the day 2.43% higher at $57.70. The Company’s shares have advanced 5.50% in the past month, 9.47% in the previous three months, and 4.21% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.86% and 8.74%, respectively. Furthermore, shares of Sysco have an RSI of 69.95.
On November 17th, 2017, Sysco announced that its Board of Directors has approved a 9% increase in the Company’s quarterly cash dividend to $0.36 per share from the current $0.33 per share. The new dividend is payable on January 26th, 2018, to common stockholders of record at the close of business on January 05th, 2018. Are you already registered with Wall St. Equities? Do so now for free, and get the report on SYY at:
US Foods Holding
Illinois headquartered US Foods Holding Corp.’s stock rose 2.50%, finishing yesterday’s session at $28.32. A total volume of 3.19 million shares was traded, which was above their three months average volume of 2.72 million shares. The Company’s shares have advanced 4.93% in the last one month, 3.74% in the previous three months, and 3.06% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.63% and 2.39%, respectively. Additionally, shares of US Foods have an RSI of 66.74.
On November 02nd, 2017, US Foods (USFD) announced that Ann E. Ziegler, Senior Vice President and CFO of CDW Corporation, has been appointed to join USFD’s Board of Directors, effective January 01st, 2018. Ziegler joined CDW, a leading provider of technology solutions to business, government, education, and healthcare, in 2008 and will retire at the end of 2017. Aspiring Member, please take a moment to register below for your free research report on USFD at: www.wallstequities.com/registration/?symbol=USFD
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