Hain Celestial Group Inc (NASDAQ:HAIN) – Analysts at SunTrust Banks issued their Q3 2018 earnings per share (EPS) estimates for shares of Hain Celestial Group in a research note issued on Wednesday. SunTrust Banks analyst W. Chappell expects that the company will post earnings of $0.47 per share for the quarter. SunTrust Banks has a “Hold” rating and a $35.00 price objective on the stock. SunTrust Banks also issued estimates for Hain Celestial Group’s Q4 2018 earnings at $0.56 EPS and Q2 2019 earnings at $0.47 EPS.
Other equities analysts also recently issued research reports about the company. Jefferies Group reissued a “buy” rating and set a $52.00 target price on shares of Hain Celestial Group in a research report on Friday, November 17th. TheStreet downgraded Hain Celestial Group from a “b-” rating to a “c” rating in a research report on Tuesday, November 7th. BidaskClub raised Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Loop Capital set a $38.00 target price on Hain Celestial Group and gave the company a “hold” rating in a research report on Thursday, December 28th. Finally, Royal Bank of Canada reissued a “hold” rating on shares of Hain Celestial Group in a research report on Thursday, November 9th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $40.72.
Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Wednesday, February 7th. The company reported $0.41 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). The company had revenue of $775.20 million for the quarter, compared to the consensus estimate of $774.50 million. Hain Celestial Group had a net margin of 3.38% and a return on equity of 8.35%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 EPS.
Several institutional investors and hedge funds have recently bought and sold shares of HAIN. Calton & Associates Inc. bought a new position in shares of Hain Celestial Group during the 4th quarter worth $110,000. Saratoga Research & Investment Management bought a new position in shares of Hain Celestial Group during the 3rd quarter worth $124,000. Stuart Chaussee & Associates Inc. bought a new position in shares of Hain Celestial Group during the 4th quarter worth $127,000. KBC Group NV grew its position in shares of Hain Celestial Group by 106.9% during the 4th quarter. KBC Group NV now owns 3,752 shares of the company’s stock worth $159,000 after buying an additional 1,939 shares in the last quarter. Finally, First National Trust Co. bought a new position in shares of Hain Celestial Group during the 3rd quarter worth $201,000. 90.22% of the stock is currently owned by institutional investors and hedge funds.
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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