The Hain Celestial Group (HAIN) to Release Quarterly 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. Parties interested in registering for the company’s conference call can do so using this link.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $394.60 million for the quarter, compared to analysts’ expectations of $394.24 million. The Hain Celestial Group had a negative net margin of 4.94% and a positive return on equity of 3.13%. The firm’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 earned ($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 Stock Performance

Shares of NASDAQ HAIN opened at $4.80 on Tuesday. The firm has a market capitalization of $432.91 million, a price-to-earnings ratio of -5.11 and a beta of 0.74. The company has a current ratio of 2.01, a quick ratio of 1.05 and a debt-to-equity ratio of 0.76. The firm has a 50 day moving average of $6.39 and a 200 day moving average of $7.36. The Hain Celestial Group has a 12-month low of $4.47 and a 12-month high of $11.68.

Wall Street Analysts Forecast Growth

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