Equities research analysts predict that Hain Celestial Group Inc (NASDAQ:HAIN) will report earnings per share of $0.42 for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Hain Celestial Group’s earnings, with the highest EPS estimate coming in at $0.44 and the lowest estimate coming in at $0.40. Hain Celestial Group posted earnings of $0.32 per share during the same quarter last year, which would indicate a positive year over year growth rate of 31.3%. The business is scheduled to announce its next earnings report on Tuesday, February 6th.

On average, analysts expect that Hain Celestial Group will report full-year earnings of $1.67 per share for the current financial year, with EPS estimates ranging from $1.60 to $1.71. For the next year, analysts forecast that the firm will post earnings of $1.84 per share, with EPS estimates ranging from $1.73 to $1.96. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Hain Celestial Group.

Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The business had revenue of $708.30 million during the quarter, compared to analyst estimates of $697.39 million. Hain Celestial Group had a net margin of 2.73% and a return on equity of 8.03%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 earnings per share.

A number of research analysts have commented on HAIN shares. BMO Capital Markets lowered shares of Hain Celestial Group from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $48.00 to $44.00 in a research note on Thursday, October 19th. Barclays restated a “hold” rating and issued a $39.00 price objective on shares of Hain Celestial Group in a research note on Friday, September 1st. TheStreet lowered shares of Hain Celestial Group from a “b-” rating to a “c” rating in a research note on Tuesday, November 7th. Royal Bank of Canada restated a “hold” rating on shares of Hain Celestial Group in a research note on Thursday, November 9th. Finally, Jefferies Group restated a “buy” rating and issued a $52.00 price objective on shares of Hain Celestial Group in a research note on Monday, August 28th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $41.31.

In other Hain Celestial Group news, Director Richard Dean Hollis purchased 10,000 shares of Hain Celestial Group stock in a transaction on Friday, November 10th. The shares were bought at an average price of $35.27 per share, with a total value of $352,700.00. Following the completion of the acquisition, the director now directly owns 10,000 shares of the company’s stock, valued at $352,700. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Irwin D. Simon purchased 50,000 shares of Hain Celestial Group stock in a transaction on Thursday, November 9th. The stock was acquired at an average cost of $34.14 per share, for a total transaction of $1,707,000.00. Following the acquisition, the chief executive officer now directly owns 1,695,014 shares of the company’s stock, valued at $57,867,777.96. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 68,500 shares of company stock worth $2,352,730. 12.34% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in HAIN. Great West Life Assurance Co. Can lifted its holdings in shares of Hain Celestial Group by 2.2% in the second quarter. Great West Life Assurance Co. Can now owns 63,684 shares of the company’s stock valued at $2,471,000 after purchasing an additional 1,350 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Hain Celestial Group by 157.8% in the second quarter. Sei Investments Co. now owns 75,223 shares of the company’s stock valued at $2,920,000 after purchasing an additional 46,046 shares in the last quarter. Trexquant Investment LP purchased a new stake in shares of Hain Celestial Group in the second quarter valued at about $294,000. Canada Pension Plan Investment Board lifted its holdings in shares of Hain Celestial Group by 166.2% in the second quarter. Canada Pension Plan Investment Board now owns 315,500 shares of the company’s stock valued at $12,248,000 after purchasing an additional 197,000 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Hain Celestial Group by 16.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 412,233 shares of the company’s stock valued at $16,003,000 after purchasing an additional 59,064 shares in the last quarter. 90.28% of the stock is currently owned by institutional investors.

Hain Celestial Group (NASDAQ:HAIN) opened at $40.68 on Thursday. The company has a quick ratio of 1.22, a current ratio of 2.50 and a debt-to-equity ratio of 0.42. The company has a market cap of $4,240.93, a price-to-earnings ratio of 31.19, a price-to-earnings-growth ratio of 1.75 and a beta of 1.26. Hain Celestial Group has a one year low of $31.01 and a one year high of $45.61.

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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.

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

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