The Hain Celestial Group, Inc. (HAIN) Releases Earnings Results
The Hain Celestial Group, Inc. (NASDAQ:HAIN) announced its quarterly earnings data on Tuesday. The company reported $0.23 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01), Bloomberg Earnings reports. The Hain Celestial Group had a return on equity of 7.65% and a net margin of 2.36%. The firm had revenue of $708.30 million during the quarter, compared to the consensus estimate of $697.39 million. During the same quarter in the prior year, the business posted $0.14 EPS. The Hain Celestial Group’s revenue was up 3.9% compared to the same quarter last year. The Hain Celestial Group updated its FY18 guidance to $1.63-1.80 EPS.
Shares of The Hain Celestial Group (NASDAQ:HAIN) traded down $0.28 during trading on Tuesday, hitting $34.37. The stock had a trading volume of 3,272,549 shares, compared to its average volume of 1,410,000. The Hain Celestial Group has a 12 month low of $31.01 and a 12 month high of $45.61. The company has a market capitalization of $3,670.00, a price-to-earnings ratio of 28.40, a price-to-earnings-growth ratio of 1.60 and a beta of 1.21. The company has a current ratio of 2.57, a quick ratio of 1.31 and a debt-to-equity ratio of 0.43.
HAIN has been the subject of several analyst reports. Maxim Group upgraded The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research report on Thursday, July 13th. BidaskClub downgraded The Hain Celestial Group from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Susquehanna Bancshares Inc set a $45.00 target price on The Hain Celestial Group and gave the stock a “hold” rating in a research report on Tuesday, August 29th. Jefferies Group LLC reaffirmed a “buy” rating and set a $52.00 price target on shares of The Hain Celestial Group in a report on Monday, August 28th. Finally, Buckingham Research raised their price target on The Hain Celestial Group from $34.00 to $37.00 and gave the company a “neutral” rating in a report on Wednesday, August 30th. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $42.13.
The Hain Celestial Group Company Profile
The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.
Receive News & Stock Ratings for The Hain Celestial Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Hain Celestial Group Inc. and related stocks with our FREE daily email newsletter.