Hain Celestial Group Inc (NASDAQ:HAIN) – Equities researchers at SunTrust Banks boosted their FY2018 earnings estimates for shares of Hain Celestial Group in a research report issued on Wednesday. SunTrust Banks analyst W. Chappell now expects that the company will earn $1.66 per share for the year, up from their prior estimate of $1.60. SunTrust Banks has a “Hold” rating and a $35.00 price target on the stock. SunTrust Banks also issued estimates for Hain Celestial Group’s Q1 2019 earnings at $0.29 EPS, Q3 2019 earnings at $0.51 EPS, Q4 2019 earnings at $0.63 EPS and FY2019 earnings at $1.91 EPS.

A number of other research firms also recently commented on HAIN. BidaskClub upgraded Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Loop Capital set a $38.00 price objective on Hain Celestial Group and gave the stock a “hold” rating in a report on Thursday, December 28th. Zacks Investment Research downgraded Hain Celestial Group from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. Maxim Group restated a “sell” rating on shares of Hain Celestial Group in a report on Tuesday, December 19th. Finally, Susquehanna Bancshares restated a “hold” rating and set a $43.00 price objective on shares of Hain Celestial Group in a report on Tuesday, January 23rd. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company’s stock. Hain Celestial Group presently has an average rating of “Hold” and a consensus price target of $40.72.

Shares of Hain Celestial Group (NASDAQ HAIN) opened at $33.73 on Friday. The company has a market capitalization of $3,569.58, a price-to-earnings ratio of 35.88, a PEG ratio of 1.48 and a beta of 1.09. The company has a current ratio of 2.44, a quick ratio of 1.22 and a debt-to-equity ratio of 0.41. Hain Celestial Group has a twelve month low of $31.01 and a twelve month high of $45.61.

Hain Celestial Group (NASDAQ:HAIN) last posted its earnings results on Wednesday, February 7th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). The company had revenue of $775.20 million during the quarter, compared to analysts’ expectations of $774.50 million. Hain Celestial Group had a net margin of 3.38% and a return on equity of 8.35%. Hain Celestial Group’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.32 EPS.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Toronto Dominion Bank acquired a new stake in Hain Celestial Group in the 2nd quarter valued at $13,584,000. Stifel Financial Corp increased its holdings in Hain Celestial Group by 12.3% in the 3rd quarter. Stifel Financial Corp now owns 25,881 shares of the company’s stock valued at $1,063,000 after purchasing an additional 2,843 shares in the last quarter. Hussman Strategic Advisors Inc. acquired a new stake in Hain Celestial Group in the 3rd quarter valued at $2,058,000. Schwab Charles Investment Management Inc. increased its holdings in Hain Celestial Group by 10.4% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 455,205 shares of the company’s stock valued at $18,732,000 after purchasing an additional 42,972 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new stake in Hain Celestial Group in the 2nd quarter valued at $11,855,000. Hedge funds and other institutional investors own 90.22% 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 and Estimates for Hain Celestial Group (NASDAQ:HAIN)

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