Equities Analysts Set Expectations for The Hain Celestial Group, Inc.’s Q4 2024 Earnings (NASDAQ:HAIN)

The Hain Celestial Group, Inc. (NASDAQ:HAIN) – Research analysts at William Blair decreased their Q4 2024 earnings per share (EPS) estimates for The Hain Celestial Group in a report issued on Wednesday, May 8th. William Blair analyst J. Andersen now forecasts that the company will post earnings of $0.08 per share for the quarter, down from their prior estimate of $0.15. The consensus estimate for The Hain Celestial Group’s current full-year earnings is $0.29 per share. William Blair also issued estimates for The Hain Celestial Group’s FY2025 earnings at $0.39 EPS.

A number of other equities analysts also recently issued reports on HAIN. JPMorgan Chase & Co. lowered their price target on The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Thursday, February 8th. Stifel Nicolaus dropped their price target on shares of The Hain Celestial Group from $10.00 to $8.00 and set a “hold” rating on the stock in a research note on Friday, April 26th. Barclays reduced their price objective on shares of The Hain Celestial Group from $11.00 to $8.00 and set an “equal weight” rating for the company in a research report on Friday, April 12th. Mizuho cut their target price on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Wednesday, April 3rd. Finally, Maxim Group decreased their price target on shares of The Hain Celestial Group from $25.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, February 8th. Eight research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, The Hain Celestial Group currently has a consensus rating of “Hold” and an average price target of $12.70.

The Hain Celestial Group Trading Down 0.2 %

Shares of The Hain Celestial Group stock opened at $6.65 on Thursday. The firm has a 50-day simple moving average of $7.45 and a two-hundred day simple moving average of $9.55. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.24. The Hain Celestial Group has a fifty-two week low of $5.68 and a fifty-two week high of $16.57. The company has a market cap of $597.38 million, a P/E ratio of -3.76 and a beta of 0.74.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The Hain Celestial Group had a negative net margin of 8.88% and a positive return on equity of 2.48%. The firm had revenue of $454.10 million for the quarter, compared to the consensus estimate of $461.31 million. During the same period in the prior year, the firm posted $0.20 earnings per share. The firm’s quarterly revenue was up .0% compared to the same quarter last year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Raymond James & Associates grew its position in The Hain Celestial Group by 4.5% in the 3rd quarter. Raymond James & Associates now owns 217,891 shares of the company’s stock valued at $2,260,000 after acquiring an additional 9,362 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in The Hain Celestial Group by 9.2% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,773 shares of the company’s stock worth $195,000 after buying an additional 1,587 shares in the last quarter. Mackenzie Financial Corp acquired a new position in shares of The Hain Celestial Group in the third quarter worth $352,000. Inspire Investing LLC increased its position in shares of The Hain Celestial Group by 17.3% during the third quarter. Inspire Investing LLC now owns 29,366 shares of the company’s stock worth $305,000 after acquiring an additional 4,327 shares during the period. Finally, Olympiad Research LP acquired a new stake in shares of The Hain Celestial Group in the third quarter valued at $173,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at The Hain Celestial Group

In other The Hain Celestial Group news, CEO Wendy P. Davidson acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were purchased at an average cost of $9.46 per share, for a total transaction of $47,300.00. Following the completion of the acquisition, the chief executive officer now owns 58,309 shares of the company’s stock, valued at approximately $551,603.14. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.72% of the stock is currently owned by company insiders.

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.