The Hain Celestial Group (HAIN) Releases Quarterly Earnings Results
The Hain Celestial Group (NASDAQ:HAIN) issued its quarterly earnings data on Wednesday. The company reported $0.90 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.89 by $0.01, American Banking News.com reports. The company had revenue of $583.80 million for the quarter, compared to the consensus estimate of $578.30 million. During the same quarter in the previous year, the company posted $0.65 earnings per share.
The Hain Celestial Group (NASDAQ:HAIN) opened at 86.93 on Wednesday. The Hain Celestial Group has a 52-week low of $72.34 and a 52-week high of $98.83. The stock has a 50-day moving average of $87.36 and a 200-day moving average of $88.94. The company has a market cap of $4.356 billion and a P/E ratio of 33.69.
HAIN has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. cut their price target on shares of The Hain Celestial Group from $103.00 to $101.00 in a research note on Tuesday, July 15th. On a related note, analysts at Piper Jaffray raised their price target on shares of The Hain Celestial Group from $102.00 to $104.00 in a research note on Wednesday, July 2nd. Finally, analysts at Citigroup Inc. raised their price target on shares of The Hain Celestial Group from $104.00 to $109.00 in a research note on Tuesday, June 3rd. They now have a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $98.09.
The Hain Celestial Group, Inc, manufactures, markets, distributes and sells natural and organic products.
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