The Hain Celestial Group (NASDAQ:HAIN) Issues Earnings Results

The Hain Celestial Group (NASDAQ:HAIN) announced its quarterly earnings results on Monday. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.04), Zacks reports. The Hain Celestial Group had a negative net margin of 4.94% and a positive return on equity of 3.13%.

The Hain Celestial Group Price Performance

HAIN opened at $4.69 on Monday. The Hain Celestial Group has a 1 year low of $4.47 and a 1 year high of $10.10. The company’s 50 day simple moving average is $6.10 and its 200 day simple moving average is $7.29. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.01 and a quick ratio of 1.05.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Piper Sandler reduced their target price on The Hain Celestial Group from $8.00 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. DA Davidson reduced their price objective on The Hain Celestial Group from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 12th. Stifel Nicolaus dropped their price objective on The Hain Celestial Group from $9.00 to $7.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Barclays reduced their target price on shares of The Hain Celestial Group from $8.00 to $6.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. lowered their price target on shares of The Hain Celestial Group from $8.00 to $6.00 and set a “neutral” rating for the company in a report on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $8.14.

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.