Hain Celestial Group Inc (NASDAQ:HAIN) Expected to Post Q1 2021 Earnings of $0.19 Per Share

Hain Celestial Group Inc (NASDAQ:HAIN) – Equities researchers at Seaport Global Securities issued their Q1 2021 EPS estimates for shares of Hain Celestial Group in a research report issued to clients and investors on Tuesday, September 8th. Seaport Global Securities analyst E. Larson anticipates that the company will post earnings of $0.19 per share for the quarter. Seaport Global Securities currently has a “Buy” rating and a $38.00 target price on the stock. Seaport Global Securities also issued estimates for Hain Celestial Group’s Q2 2021 earnings at $0.26 EPS, Q3 2021 earnings at $0.35 EPS, Q4 2021 earnings at $0.36 EPS, FY2021 earnings at $1.16 EPS, Q1 2022 earnings at $0.26 EPS, Q2 2022 earnings at $0.31 EPS, Q3 2022 earnings at $0.42 EPS, Q4 2022 earnings at $0.40 EPS and FY2022 earnings at $1.39 EPS.

A number of other analysts also recently issued reports on the stock. Sanford C. Bernstein upgraded shares of Hain Celestial Group from a “market perform” rating to an “outperform” rating and set a $36.00 price target on the stock in a report on Tuesday, May 19th. Truist lifted their price objective on shares of Hain Celestial Group from $25.00 to $30.00 in a research note on Wednesday, August 26th. BidaskClub cut shares of Hain Celestial Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Zacks Investment Research raised shares of Hain Celestial Group from a “hold” rating to a “strong-buy” rating and set a $38.00 price objective for the company in a research note on Thursday, August 27th. Finally, Evercore ISI raised shares of Hain Celestial Group from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $35.00 to $38.00 in a research note on Wednesday, August 26th. Seven research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $31.33.

Shares of HAIN stock opened at $32.64 on Friday. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of -42.39 and a beta of 0.75. Hain Celestial Group has a one year low of $18.12 and a one year high of $34.53. The company’s fifty day moving average price is $33.37 and its 200-day moving average price is $29.32. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.87 and a quick ratio of 1.04.

Hain Celestial Group (NASDAQ:HAIN) last issued its earnings results on Tuesday, August 25th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.05. The company had revenue of $511.70 million for the quarter, compared to analysts’ expectations of $519.39 million. Hain Celestial Group had a negative net margin of 3.91% and a positive return on equity of 5.93%. The firm’s quarterly revenue was down 8.2% on a year-over-year basis. During the same quarter last year, the company posted $0.21 earnings per share.

Large investors have recently bought and sold shares of the company. Captrust Financial Advisors bought a new stake in shares of Hain Celestial Group in the 2nd quarter valued at about $26,000. Fortis Advisors LLC bought a new position in shares of Hain Celestial Group during the 1st quarter worth approximately $39,000. Ameritas Investment Company LLC bought a new position in shares of Hain Celestial Group during the 1st quarter worth approximately $43,000. Macquarie Group Ltd. bought a new position in shares of Hain Celestial Group during the 2nd quarter worth approximately $95,000. Finally, Point72 Hong Kong Ltd acquired a new position in Hain Celestial Group during the 2nd quarter valued at approximately $102,000.

About Hain Celestial Group

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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Earnings History and Estimates for Hain Celestial Group (NASDAQ:HAIN)

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