The Hain Celestial Group, Inc. (NASDAQ:HAIN) to Post Q4 2024 Earnings of $0.08 Per Share, Zacks Research Forecasts

The Hain Celestial Group, Inc. (NASDAQ:HAIN) – Equities research analysts at Zacks Research decreased their Q4 2024 earnings estimates for shares of The Hain Celestial Group in a research note issued on Tuesday, May 21st. Zacks Research analyst S. Singh now forecasts that the company will post earnings of $0.08 per share for the quarter, down from their previous estimate of $0.14. The consensus estimate for The Hain Celestial Group’s current full-year earnings is $0.29 per share. Zacks Research also issued estimates for The Hain Celestial Group’s Q1 2025 earnings at $0.01 EPS, Q2 2025 earnings at $0.17 EPS, Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.45 EPS, Q1 2026 earnings at $0.04 EPS and Q3 2026 earnings at $0.18 EPS.

Other analysts also recently issued reports about the stock. Maxim Group dropped their price objective on shares of The Hain Celestial Group from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, May 9th. Piper Sandler dropped their price objective on shares of The Hain Celestial Group from $11.00 to $8.00 and set a “neutral” rating on the stock in a report on Thursday, May 9th. JPMorgan Chase & Co. dropped their price objective on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Thursday, February 8th. DA Davidson dropped their price objective on shares of The Hain Celestial Group from $10.00 to $8.00 and set a “neutral” rating on the stock in a report on Thursday, May 16th. Finally, Mizuho decreased their target price on shares of The Hain Celestial Group from $10.00 to $8.00 and set a “neutral” rating for the company in a research note on Monday, May 13th. Eight analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, The Hain Celestial Group presently has an average rating of “Hold” and a consensus price target of $11.40.

The Hain Celestial Group Stock Down 0.4 %

HAIN stock opened at $7.32 on Wednesday. The firm’s fifty day simple moving average is $7.04 and its 200-day simple moving average is $9.28. The company has a market capitalization of $657.63 million, a P/E ratio of -7.18 and a beta of 0.74. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.10 and a quick ratio of 1.07. The Hain Celestial Group has a 12 month low of $5.68 and a 12 month high of $13.78.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Wednesday, May 8th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.06. The company had revenue of $438.36 million for the quarter, compared to the consensus estimate of $463.37 million. The Hain Celestial Group had a negative net margin of 5.14% and a positive return on equity of 2.91%. The Hain Celestial Group’s revenue was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.08 EPS.

Institutional Investors Weigh In On The Hain Celestial Group

A number of large investors have recently modified their holdings of HAIN. Invenomic Capital Management LP purchased a new stake in shares of The Hain Celestial Group during the first quarter worth $11,294,000. Sasco Capital Inc. CT grew its holdings in shares of The Hain Celestial Group by 55.6% in the third quarter. Sasco Capital Inc. CT now owns 2,283,359 shares of the company’s stock valued at $23,678,000 after purchasing an additional 816,070 shares during the period. Norges Bank purchased a new stake in shares of The Hain Celestial Group in the fourth quarter valued at about $7,199,000. PGGM Investments grew its holdings in shares of The Hain Celestial Group by 12.6% in the third quarter. PGGM Investments now owns 4,131,942 shares of the company’s stock valued at $42,848,000 after purchasing an additional 462,919 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of The Hain Celestial Group by 11.9% in the third quarter. The Manufacturers Life Insurance Company now owns 3,752,498 shares of the company’s stock valued at $38,913,000 after purchasing an additional 398,441 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In related news, insider Chad D. Marquardt acquired 10,000 shares of The Hain Celestial Group stock in a transaction on Friday, May 10th. The stock was bought at an average cost of $6.95 per share, for a total transaction of $69,500.00. Following the completion of the transaction, the insider now owns 10,000 shares of the company’s stock, valued at approximately $69,500. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other The Hain Celestial Group news, CFO Lee A. Boyce bought 13,500 shares of the company’s stock in a transaction dated Monday, May 13th. The stock was acquired at an average price of $7.67 per share, with a total value of $103,545.00. Following the completion of the acquisition, the chief financial officer now directly owns 13,500 shares of the company’s stock, valued at $103,545. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Chad D. Marquardt bought 10,000 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were acquired at an average cost of $6.95 per share, with a total value of $69,500.00. Following the acquisition, the insider now directly owns 10,000 shares of the company’s stock, valued at $69,500. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 28,500 shares of company stock worth $207,995. Company insiders own 0.72% of the company’s stock.

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.