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

The Hain Celestial Group (NASDAQ:HAIN) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $436.57 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

The Hain Celestial Group (NASDAQ:HAIN) last posted its earnings results on Thursday, November 7th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The firm had revenue of $394.60 million for the quarter, compared to analyst estimates of $394.24 million. The Hain Celestial Group had a positive return on equity of 3.13% and a negative net margin of 4.94%. The company’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.04) earnings per share. On average, analysts expect The Hain Celestial Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

The Hain Celestial Group Price Performance

Shares of NASDAQ HAIN opened at $4.80 on Tuesday. The firm has a market cap of $432.91 million, a PE ratio of -5.11 and a beta of 0.74. The Hain Celestial Group has a fifty-two week low of $4.47 and a fifty-two week high of $11.68. The business has a 50 day moving average price of $6.39 and a two-hundred day moving average price of $7.36. The company has a quick ratio of 1.05, a current ratio of 2.01 and a debt-to-equity ratio of 0.76.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on HAIN shares. Stifel Nicolaus dropped their price target on The Hain Celestial Group from $9.00 to $7.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. DA Davidson cut their price objective on The Hain Celestial Group from $9.00 to $8.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 12th. Barclays cut their target price on shares of The Hain Celestial Group from $8.00 to $6.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. JPMorgan Chase & Co. cut their price target on shares of The Hain Celestial Group from $8.00 to $6.00 and set a “neutral” rating for the company in a report on Monday. Finally, Piper Sandler reduced their price target on The Hain Celestial Group from $8.00 to $7.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $8.14.

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.