Q4 2024 EPS Estimates for The Hain Celestial Group, Inc. Decreased by Analyst (NASDAQ:HAIN)

The Hain Celestial Group, Inc. (NASDAQ:HAIN) – Equities research analysts at William Blair lowered their Q4 2024 EPS estimates for shares of The Hain Celestial Group in a research report issued to clients and investors on Wednesday, May 8th. William Blair analyst J. Andersen now expects that the company will post earnings of $0.08 per share for the quarter, down from their prior estimate of $0.15. The consensus estimate for The Hain Celestial Group’s current full-year earnings is $0.29 per share. William Blair also issued estimates for The Hain Celestial Group’s FY2025 earnings at $0.39 EPS.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.06. The company had revenue of $438.36 million during the quarter, compared to analysts’ expectations of $463.37 million. The Hain Celestial Group had a positive return on equity of 2.48% and a negative net margin of 8.88%. The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.08 earnings per share.

HAIN has been the subject of several other research reports. DA Davidson started coverage on shares of The Hain Celestial Group in a research note on Friday, March 1st. They set a “neutral” rating and a $10.00 price objective for the company. Barclays reduced their price target on shares of The Hain Celestial Group from $11.00 to $8.00 and set an “equal weight” rating for the company in a research report on Friday, April 12th. Maxim Group decreased their price target on shares of The Hain Celestial Group from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday. Mizuho dropped their price objective on 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. Finally, Stifel Nicolaus decreased their target price on The Hain Celestial Group from $10.00 to $8.00 and set a “hold” rating on the stock in a research note on Friday, April 26th. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $11.90.

The Hain Celestial Group Stock Up 5.7 %

HAIN stock opened at $7.03 on Thursday. The Hain Celestial Group has a twelve month low of $5.68 and a twelve month high of $15.80. The firm has a market capitalization of $631.52 million, a PE ratio of -3.97 and a beta of 0.74. The company has a quick ratio of 1.14, a current ratio of 2.24 and a debt-to-equity ratio of 0.81. The stock has a 50-day simple moving average of $7.39 and a two-hundred day simple moving average of $9.53.

Institutional Investors Weigh In On The Hain Celestial Group

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in The Hain Celestial Group by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 11,015,166 shares of the company’s stock worth $114,227,000 after purchasing an additional 219,733 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of The Hain Celestial Group by 40.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 380,947 shares of the company’s stock valued at $4,171,000 after buying an additional 110,184 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of The Hain Celestial Group by 12.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,634,353 shares of the company’s stock worth $16,948,000 after buying an additional 179,061 shares during the period. Tudor Investment Corp Et Al lifted its stake in shares of The Hain Celestial Group by 469.6% in the 3rd quarter. Tudor Investment Corp Et Al now owns 226,081 shares of the company’s stock valued at $2,344,000 after acquiring an additional 186,391 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in The Hain Celestial Group by 11.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 3,752,498 shares of the company’s stock valued at $38,913,000 after acquiring an additional 398,441 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Buying and Selling at The Hain Celestial Group

In other news, CEO Wendy P. Davidson acquired 5,000 shares of The Hain Celestial Group stock in a transaction dated Tuesday, February 13th. The shares were purchased at an average cost of $9.46 per share, for a total transaction of $47,300.00. Following the transaction, the chief executive officer now owns 58,309 shares of the company’s stock, valued at $551,603.14. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.72% of the company’s stock.

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.