Wall Street analysts expect Hain Celestial Group Inc (NASDAQ:HAIN) to announce earnings per share of $0.15 for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Hain Celestial Group’s earnings, with the lowest EPS estimate coming in at $0.12 and the highest estimate coming in at $0.23. Hain Celestial Group reported earnings per share of $0.23 in the same quarter last year, which would suggest a negative year over year growth rate of 34.8%. The company is expected to announce its next earnings results on Tuesday, November 6th.

According to Zacks, analysts expect that Hain Celestial Group will report full-year earnings of $1.23 per share for the current fiscal year, with EPS estimates ranging from $1.06 to $1.30. For the next fiscal year, analysts forecast that the business will post earnings of $1.39 per share, with EPS estimates ranging from $1.10 to $1.53. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Hain Celestial Group.

Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Tuesday, August 28th. The company reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.01. The firm had revenue of $619.60 million for the quarter, compared to analysts’ expectations of $629.25 million. Hain Celestial Group had a return on equity of 7.37% and a net margin of 0.35%. Hain Celestial Group’s revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the business posted $0.41 EPS.

A number of equities analysts recently weighed in on HAIN shares. Buckingham Research dropped their price target on Hain Celestial Group from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday. Sanford C. Bernstein set a $38.00 price target on Hain Celestial Group and gave the stock a “buy” rating in a research note on Wednesday, May 9th. Maxim Group reissued a “buy” rating and issued a $40.00 price target (down previously from $50.00) on shares of Hain Celestial Group in a research note on Tuesday, May 8th. BMO Capital Markets dropped their price target on Hain Celestial Group from $39.00 to $31.00 and set a “market perform” rating on the stock in a research note on Wednesday, May 9th. Finally, Loop Capital set a $30.00 price target on Hain Celestial Group and gave the stock a “hold” rating in a research note on Thursday, May 10th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company’s stock. Hain Celestial Group presently has an average rating of “Hold” and a consensus price target of $33.53.

Shares of HAIN opened at $28.34 on Tuesday. The stock has a market capitalization of $2.90 billion, a P/E ratio of 24.43, a P/E/G ratio of 2.54 and a beta of 0.96. Hain Celestial Group has a 1-year low of $25.41 and a 1-year high of $44.37. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 2.49.

Large investors have recently added to or reduced their stakes in the business. Global X Management Co LLC lifted its holdings in shares of Hain Celestial Group by 113.7% during the 2nd quarter. Global X Management Co LLC now owns 4,937 shares of the company’s stock valued at $147,000 after buying an additional 2,627 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in shares of Hain Celestial Group during the 1st quarter valued at about $160,000. AGF Investments Inc. lifted its holdings in shares of Hain Celestial Group by 113.0% during the 1st quarter. AGF Investments Inc. now owns 5,845 shares of the company’s stock valued at $187,000 after buying an additional 3,101 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Hain Celestial Group during the 2nd quarter valued at about $194,000. Finally, Mercer Capital Advisers Inc. lifted its holdings in shares of Hain Celestial Group by 119.7% during the 2nd quarter. Mercer Capital Advisers Inc. now owns 7,250 shares of the company’s stock valued at $216,000 after buying an additional 3,950 shares during the last quarter. 88.13% of the stock is currently owned by institutional investors.

Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. Its grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; Greek-style yogurts; chilies and packaged grains; chocolates; and nut butters, as well as plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut.

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