The Hain Celestial Group (NASDAQ:HAIN) Stock Price Target Cut by Barclays

The Hain Celestial Group (NASDAQ:HAIN) had its price target decreased by analysts at Barclays from $0.30 to $0.10 in a research report issued on Tuesday, Benzinga reports. The firm currently has an “underweight” rating on the stock. Barclays‘s price objective would indicate a potential downside of 30.56% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. Zacks Research cut The Hain Celestial Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 21st. Weiss Ratings raised The Hain Celestial Group from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, September 14th. Finally, Wall Street Zen lowered The Hain Celestial Group from a “hold” rating to a “sell” rating in a research report on Saturday, September 26th. Four research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $0.85.

The Hain Celestial Group Stock Up 3.2%

Shares of NASDAQ HAIN opened at $0.14 on Tuesday. The Hain Celestial Group has a 52 week low of $0.12 and a 52 week high of $1.48. The firm has a 50-day simple moving average of $0.44 and a 200-day simple moving average of $0.66. The stock has a market capitalization of $13.10 million, a price-to-earnings ratio of -0.04 and a beta of 1.04.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Monday, November 9th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.04). The Hain Celestial Group had a negative return on equity of 5.45% and a negative net margin of 22.53%. The company had revenue of $260.27 million for the quarter, compared to analyst estimates of $283.03 million. During the same quarter in the prior year, the business earned ($0.23) earnings per share. As a group, equities research analysts expect that The Hain Celestial Group will post 0.01 EPS for the current year.

Institutional Investors Weigh In On The Hain Celestial Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HAIN. Empowered Funds LLC bought a new stake in The Hain Celestial Group during the 2nd quarter worth about $42,000. Bank of New York Mellon Corp bought a new position in shares of The Hain Celestial Group during the second quarter valued at $50,000. Bank of America Corp DE bought a new stake in The Hain Celestial Group during the second quarter valued at $50,000. Hsbc Holdings PLC bought a new stake in The Hain Celestial Group in the 2nd quarter valued at about $52,000. Finally, SummerHaven Investment Management LLC purchased a new stake in shares of The Hain Celestial Group in the third quarter worth approximately $54,000. Institutional investors own 97.01% of the company’s stock.

Trending Headlines about The Hain Celestial Group

Here are the key news stories impacting The Hain Celestial Group this week:

• Positive Sentiment: Hain outlined approximately $16 million in SG&A run-rate savings, with full realization expected by the first half of fiscal 2028. Its first-quarter loss also narrowed compared with a year earlier, offering some evidence of improvement. Article: Hain Celestial outlines savings Article: Q1 loss narrows
• Negative Sentiment: Fiscal Q1 results missed expectations: Hain reported a $0.07-per-share loss versus estimates for a loss of about $0.03–$0.04, while revenue of $260.27 million fell short of the roughly $283 million consensus. The shortfalls reinforce concerns that sales and earnings remain under pressure. Article: Q1 loss and revenue miss Article: Sales and earnings under pressure
• Negative Sentiment: The proposed sale of Hain’s international business to Aurelius has been reported as in doubt. Uncertainty around the transaction could complicate the company’s plans to reshape its business and adds risk alongside the operating shortfall. Article: International deal with Aurelius in doubt

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc is a natural and organic products company that develops, markets and distributes food, beverage and personal-care products. Its portfolio includes plant-based foods, snacks, pantry staples, beverages, baby and children’s products, and personal-care items sold through grocery stores, mass retailers, specialty retailers, e-commerce channels and other outlets.

The company’s brands have included Celestial Seasonings, Earth’s Best, Terra, Garden of Eatin’, Sensible Portions, Imagine, Alba Botanica, Avalon Organics and JASON.