Hain Celestial Group Inc (NASDAQ:HAIN) – Stock analysts at SunTrust Banks reduced their Q1 2019 EPS estimates for Hain Celestial Group in a research report issued on Tuesday, August 28th. SunTrust Banks analyst W. Chappell now forecasts that the company will post earnings per share of $0.12 for the quarter, down from their previous forecast of $0.23. SunTrust Banks currently has a “Hold” rating on the stock. SunTrust Banks also issued estimates for Hain Celestial Group’s Q3 2019 earnings at $0.41 EPS, Q4 2019 earnings at $0.33 EPS, Q1 2020 earnings at $0.15 EPS and FY2020 earnings at $1.33 EPS.

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

Several other equities research analysts have also recently commented on the company. Zacks Investment Research cut Hain Celestial Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. Deutsche Bank assumed coverage on Hain Celestial Group in a research report on Tuesday, June 5th. They set a “buy” rating and a $33.00 price objective on the stock. BidaskClub raised Hain Celestial Group from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 12th. ValuEngine raised Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. Finally, Susquehanna Bancshares set a $32.00 target price on Hain Celestial Group and gave the company a “hold” rating in a report on Monday, May 7th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the company’s stock. Hain Celestial Group presently has an average rating of “Hold” and an average target price of $33.53.

Hain Celestial Group stock opened at $28.34 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 2.49. Hain Celestial Group has a one year low of $25.41 and a one year high of $44.37. The firm has a market cap of $2.90 billion, a P/E ratio of 24.43, a price-to-earnings-growth ratio of 2.54 and a beta of 0.96.

A number of hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. raised its stake in shares of Hain Celestial Group by 3.0% in the first quarter. Principal Financial Group Inc. now owns 454,320 shares of the company’s stock worth $14,570,000 after buying an additional 13,377 shares during the period. SFE Investment Counsel raised its stake in shares of Hain Celestial Group by 21.9% in the second quarter. SFE Investment Counsel now owns 15,698 shares of the company’s stock worth $468,000 after buying an additional 2,820 shares during the period. TCW Group Inc. raised its stake in shares of Hain Celestial Group by 38.3% in the second quarter. TCW Group Inc. now owns 17,358 shares of the company’s stock worth $517,000 after buying an additional 4,811 shares during the period. Millennium Management LLC raised its stake in shares of Hain Celestial Group by 286.0% in the first quarter. Millennium Management LLC now owns 49,258 shares of the company’s stock worth $1,580,000 after buying an additional 36,496 shares during the period. Finally, New Jersey Better Educational Savings Trust raised its stake in shares of Hain Celestial Group by 22.2% in the second quarter. New Jersey Better Educational Savings Trust now owns 22,000 shares of the company’s stock worth $656,000 after buying an additional 4,000 shares during the period. 88.13% of the stock is currently owned by institutional investors.

About Hain Celestial Group

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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Earnings History and Estimates for Hain Celestial Group (NASDAQ:HAIN)

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