The Hain Celestial Group (HAIN) Scheduled to Post Quarterly Earnings on Wednesday

The Hain Celestial Group (NASDAQ:HAIN) will post its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect The Hain Celestial Group to post earnings of $0.08 per share for the quarter. The Hain Celestial Group has set its FY 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. The firm had revenue of $454.10 million for the quarter, compared to analyst estimates of $461.31 million. The Hain Celestial Group had a negative net margin of 8.88% and a positive return on equity of 2.48%. The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.20 EPS. On average, analysts expect The Hain Celestial Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

The Hain Celestial Group Price Performance

HAIN opened at $6.80 on Monday. The stock has a fifty day moving average price of $7.63 and a 200 day moving average price of $9.63. The company has a current ratio of 2.24, a quick ratio of 1.14 and a debt-to-equity ratio of 0.81. The Hain Celestial Group has a 1 year low of $5.68 and a 1 year high of $17.73. The stock has a market cap of $610.84 million, a price-to-earnings ratio of -3.84 and a beta of 0.74.

Insider Transactions at The Hain Celestial Group

In related news, CEO Wendy P. Davidson bought 5,000 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was acquired at an average cost of $9.46 per share, with a total value of $47,300.00. Following the acquisition, the chief executive officer now owns 58,309 shares in the company, valued at approximately $551,603.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.72% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

HAIN has been the topic of several recent research reports. JPMorgan Chase & Co. cut their price objective on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Thursday, February 8th. Mizuho reduced their price objective on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Wednesday, April 3rd. Barclays lowered their target price on shares of The Hain Celestial Group from $11.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Friday, April 12th. Maxim Group decreased their price target on The Hain Celestial Group from $25.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Finally, DA Davidson started coverage on The Hain Celestial Group in a research note on Friday, March 1st. They set a “neutral” rating and a $10.00 price target for the company. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, The Hain Celestial Group presently has a consensus rating of “Hold” and a consensus target price of $12.70.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.