Zacks Research Issues Optimistic Forecast for HAIN Earnings

The Hain Celestial Group, Inc. (NASDAQ:HAIN) – Analysts at Zacks Research upped their Q1 2027 earnings per share estimates for shares of The Hain Celestial Group in a research report issued on Monday, September 28th. Zacks Research analyst Team now expects that the company will earn ($0.04) per share for the quarter, up from their previous forecast of ($0.05). The consensus estimate for The Hain Celestial Group’s current full-year earnings is $0.01 per share. Zacks Research also issued estimates for The Hain Celestial Group’s FY2027 earnings at $0.01 EPS and FY2028 earnings at $0.05 EPS.

A number of other equities analysts also recently commented on the stock. Weiss Ratings upgraded shares of The Hain Celestial Group from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, September 14th. Jefferies Financial Group cut their price target on The Hain Celestial Group from $1.03 to $0.81 and set a “hold” rating on the stock in a research note on Tuesday, July 7th. Finally, Wall Street Zen downgraded The Hain Celestial Group from a “hold” rating to a “sell” rating in a report on Saturday, September 26th. Five equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $0.95.

The Hain Celestial Group Stock Up 4.6%

NASDAQ HAIN opened at $0.51 on Wednesday. The Hain Celestial Group has a 52 week low of $0.48 and a 52 week high of $1.64. The firm has a 50 day moving average of $0.61 and a two-hundred day moving average of $0.67. The stock has a market capitalization of $46.44 million, a PE ratio of -0.15 and a beta of 0.95.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Monday, September 14th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). The Hain Celestial Group had a negative return on equity of 5.45% and a negative net margin of 22.53%.The firm had revenue of $263.07 million for the quarter, compared to analysts’ expectations of $261.24 million.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Empowered Funds LLC purchased a new stake in The Hain Celestial Group in the second quarter valued at $42,000. Bank of New York Mellon Corp purchased a new position in The Hain Celestial Group during the 2nd quarter worth approximately $50,000. Bank of America Corp DE purchased a new position in The Hain Celestial Group during the 2nd quarter worth approximately $50,000. Hsbc Holdings PLC acquired a new position in The Hain Celestial Group during the second quarter worth approximately $52,000. Finally, Gabelli Funds LLC increased its position in The Hain Celestial Group by 126.2% during the first quarter. Gabelli Funds LLC now owns 121,000 shares of the company’s stock worth $84,000 after buying an additional 67,500 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc is a consumer packaged goods company focused on better-for-you products, including organic, natural, plant-based and specialty foods, as well as personal-care items. Its products are sold through grocery stores, mass retailers, natural-food retailers, e-commerce channels and other outlets.

The company’s portfolio has included brands such as Earth’s Best, Terra, Garden of Eatin’, Celestial Seasonings, Alba Botanica, Avalon Organics and JASON. Its offerings span snacks, cereals, baby and toddler foods, teas, personal-care products and other grocery categories.