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THE HAIN CELESTIAL GROUP, INC.

(HAIN)
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Hain Celestial : U.S. FDA vows new steps aimed at reducing toxic elements in baby food

03/05/2021 | 12:42pm EDT

WASHINGTON, March 5 (Reuters) - The U.S. Food and Drug Administration (FDA) said Friday it will boosting sampling of foods for babies and young children and increase inspections after a U.S. House report found "dangerous levels of toxic heavy metals" in some baby foods that could cause neurological damage.

The FDA said it was moving ahead with a "plan aimed at reducing toxic elements in foods for babies and young children to levels as low as is reasonably achievable." But the agency said testing shows "children are not at an immediate health risk from exposure to toxic elements in foods." The FDA also sent a letter Friday to industry reminding manufacturers of existing responsibilities. (Reporting by David Shepardson)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
NESTLÉ S.A. 2.88% 110.02 Delayed Quote.2.57%
THE HAIN CELESTIAL GROUP, INC. 0.30% 42.03 Delayed Quote.4.93%
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Financials (USD)
Sales 2021 2 020 M - -
Net income 2021 99,1 M - -
Net Debt 2021 231 M - -
P/E ratio 2021 40,4x
Yield 2021 -
Capitalization 4 194 M 4 194 M -
EV / Sales 2021 2,19x
EV / Sales 2022 2,18x
Nbr of Employees 4 287
Free-Float 90,6%
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 45,36 $
Last Close Price 41,98 $
Spread / Highest target 23,9%
Spread / Average Target 8,06%
Spread / Lowest Target -19,0%
EPS Revisions
Managers and Directors
NameTitle
Mark Lawrence Schiller President, Chief Executive Officer & Director
Javier H. Idrovo Chief Financial Officer & Executive Vice President
Richard Dean Hollis Chairman
Jeff George Senior Vice President-Research & Development
Ken Thomas Chief Information Officer