Hain Celestial Group (HAIN) Scheduled to Post Earnings on Wednesday

Hain Celestial Group (NASDAQ:HAIN) is scheduled to be releasing its earnings data before the market opens on Wednesday, January 31st. Hain Celestial Group has set its FY18 guidance at $1.63-1.80 EPS.

Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01). The business had revenue of $708.30 million for the quarter, compared to analysts’ expectations of $697.39 million. Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the firm earned $0.14 earnings per share. On average, analysts expect Hain Celestial Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Hain Celestial Group (NASDAQ HAIN) opened at $40.11 on Wednesday. The stock has a market capitalization of $4,190.00, a PE ratio of 53.48, a price-to-earnings-growth ratio of 1.67 and a beta of 1.25. The company has a current ratio of 2.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.42. Hain Celestial Group has a fifty-two week low of $31.01 and a fifty-two week high of $45.61.

A number of brokerages have issued reports on HAIN. Loop Capital set a $38.00 price target on Hain Celestial Group and gave the stock a “hold” rating in a report on Thursday, December 28th. BidaskClub raised Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Sanford C. Bernstein began coverage on Hain Celestial Group in a report on Friday, October 6th. They set a “market perform” rating and a $45.00 price target for the company. Zacks Investment Research raised Hain Celestial Group from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a report on Tuesday, October 10th. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and set a $42.00 price target on shares of Hain Celestial Group in a report on Saturday, September 30th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $41.19.

In other news, SVP Michael B. Mcguinness bought 3,500 shares of Hain Celestial Group stock in a transaction dated Thursday, November 9th. The stock was acquired at an average cost of $34.58 per share, with a total value of $121,030.00. Following the acquisition, the senior vice president now owns 55,131 shares of the company’s stock, valued at $1,906,429.98. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Richard Dean Hollis acquired 10,000 shares of Hain Celestial Group stock in a transaction on Friday, November 10th. The shares were bought at an average cost of $35.27 per share, with a total value of $352,700.00. Following the completion of the purchase, the director now owns 10,000 shares in the company, valued at $352,700. The disclosure for this purchase can be found here. Insiders bought a total of 68,500 shares of company stock valued at $2,352,730 over the last three months. Company insiders own 12.34% of the company’s stock.

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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.

Earnings History for Hain Celestial Group (NASDAQ:HAIN)

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