Equities analysts expect that Hain Celestial Group Inc (NASDAQ:HAIN) will announce $0.22 earnings per share for the current quarter, according to Zacks. Seven analysts have issued estimates for Hain Celestial Group’s earnings, with estimates ranging from $0.18 to $0.24. Hain Celestial Group posted earnings of $0.27 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 18.5%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Thursday, August 29th.
According to Zacks, analysts expect that Hain Celestial Group will report full-year earnings of $0.66 per share for the current year, with EPS estimates ranging from $0.62 to $0.69. For the next year, analysts expect that the company will report earnings of $0.82 per share, with EPS estimates ranging from $0.67 to $1.06. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Hain Celestial Group.
A number of research firms have issued reports on HAIN. UBS Group set a $15.00 target price on Hain Celestial Group and gave the company a “sell” rating in a research note on Monday, May 13th. Zacks Investment Research cut Hain Celestial Group from a “hold” rating to a “sell” rating in a research note on Wednesday, May 1st. Maxim Group restated a “buy” rating and issued a $28.00 price target (up from $25.00) on shares of Hain Celestial Group in a report on Friday, May 10th. Buckingham Research set a $23.00 price target on Hain Celestial Group and gave the company a “hold” rating in a report on Friday, May 10th. Finally, SunTrust Banks boosted their price target on Hain Celestial Group to $20.00 and gave the company a “hold” rating in a report on Friday, May 10th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $23.39.
NASDAQ:HAIN traded down $0.24 on Wednesday, reaching $18.36. The company’s stock had a trading volume of 2,233,617 shares, compared to its average volume of 1,567,576. Hain Celestial Group has a 1-year low of $14.45 and a 1-year high of $29.42. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.22 and a current ratio of 2.16. The firm has a market cap of $1.91 billion, a PE ratio of 15.83, a PEG ratio of 13.30 and a beta of 1.37. The business’s 50-day moving average price is $21.37 and its two-hundred day moving average price is $21.21.
Hain Celestial Group Company Profile
The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; yogurts; chilies; chocolates; and nut butters.
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