Hain Celestial Group Inc (NASDAQ:HAIN) – Research analysts at SunTrust Banks issued their Q3 2018 earnings per share (EPS) estimates for shares of Hain Celestial Group in a report released on Wednesday, according to Zacks Investment Research. SunTrust Banks analyst W. Chappell forecasts that the company will earn $0.47 per share for the quarter. SunTrust Banks currently has a “Hold” rating and a $35.00 target price 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.
Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01). Hain Celestial Group had a return on equity of 8.35% and a net margin of 3.38%. The firm had revenue of $775.20 million during the quarter, compared to the consensus estimate of $774.50 million. During the same period last year, the company earned $0.32 EPS. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year.
Other analysts have also recently issued research reports about the company. BidaskClub raised Hain Celestial Group from a “strong sell” rating to a “sell” rating in a research report on Saturday. BMO Capital Markets dropped their target price on Hain Celestial Group from $44.00 to $39.00 and set a “market perform” rating on the stock in a research report on Thursday, February 8th. Zacks Investment Research raised Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Friday, February 9th. Barclays reaffirmed a “hold” rating and set a $36.00 target price on shares of Hain Celestial Group in a research report on Friday, February 9th. Finally, Susquehanna Bancshares set a $43.00 target price on Hain Celestial Group and gave the company a “hold” rating in a research report on Monday, February 5th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company. Hain Celestial Group presently has an average rating of “Hold” and an average target price of $41.11.
Hain Celestial Group (NASDAQ HAIN) opened at $35.48 on Monday. Hain Celestial Group has a 52 week low of $31.01 and a 52 week high of $45.61. The stock has a market capitalization of $3,687.01, a P/E ratio of 37.75, a P/E/G ratio of 1.12 and a beta of 1.09. The company has a quick ratio of 1.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.41.
A number of hedge funds have recently modified their holdings of HAIN. Virtu KCG Holdings LLC purchased a new position in Hain Celestial Group in the 2nd quarter worth $241,000. Stifel Financial Corp raised its stake in Hain Celestial Group by 7.8% in the 2nd quarter. Stifel Financial Corp now owns 23,038 shares of the company’s stock worth $895,000 after acquiring an additional 1,669 shares during the last quarter. Janus Henderson Group PLC purchased a new position in Hain Celestial Group in the 2nd quarter worth $360,000. The Manufacturers Life Insurance Company raised its stake in Hain Celestial Group by 34.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 200,848 shares of the company’s stock worth $7,797,000 after acquiring an additional 51,429 shares during the last quarter. Finally, Nomura Holdings Inc. raised its stake in Hain Celestial Group by 28.1% in the 2nd quarter. Nomura Holdings Inc. now owns 22,022 shares of the company’s stock worth $854,000 after acquiring an additional 4,833 shares during the last quarter. Institutional investors own 93.10% 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.
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