HAIN Stock Earnings Estimates Decreased by Zacks Research

The Hain Celestial Group, Inc. (NASDAQ:HAIN) – Equities research analysts at Zacks Research decreased their Q3 2027 earnings per share estimates for The Hain Celestial Group in a note issued to investors on Monday, September 28th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.01 for the quarter, down from their previous estimate of $0.06. The consensus estimate for The Hain Celestial Group’s current full-year earnings is $0.08 per share. Zacks Research also issued estimates for The Hain Celestial Group’s Q4 2027 earnings at $0.01 EPS, Q2 2028 earnings at $0.04 EPS, Q3 2028 earnings at $0.02 EPS, Q4 2028 earnings at $0.02 EPS and FY2029 earnings at $0.09 EPS.

HAIN has been the subject of a number of other research reports. Jefferies Financial Group cut their price target on shares of The Hain Celestial Group from $1.03 to $0.81 and set a “hold” rating for the company in a research note on Tuesday, July 7th. Wall Street Zen downgraded shares of The Hain Celestial Group from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Weiss Ratings upgraded shares of The Hain Celestial Group from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, September 14th. Five equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, The Hain Celestial Group currently has an average rating of “Reduce” and a consensus target price of $0.95.

The Hain Celestial Group Price Performance

Shares of HAIN opened at $0.50 on Tuesday. The Hain Celestial Group has a 1-year low of $0.48 and a 1-year high of $1.64. The company has a market capitalization of $45.54 million, a P/E ratio of -0.15 and a beta of 0.80. The firm’s 50 day simple moving average is $0.61 and its 200 day simple moving average is $0.67.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings results on Monday, September 14th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The business had revenue of $263.07 million during the quarter, compared to analysts’ expectations of $261.24 million. The Hain Celestial Group had a negative net margin of 22.53% and a negative return on equity of 5.45%.

Hedge Funds Weigh In On The Hain Celestial Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Nantahala Capital Management LLC bought a new position in shares of The Hain Celestial Group during the second quarter valued at about $4,777,828. BlackRock Inc. bought a new position in The Hain Celestial Group during the 2nd quarter worth approximately $1,624,000. Assenagon Asset Management S.A. increased its stake in The Hain Celestial Group by 283.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,218,733 shares of the company’s stock worth $850,000 after purchasing an additional 900,831 shares during the period. Man Group plc bought a new stake in The Hain Celestial Group in the second quarter valued at approximately $750,000. Finally, Solas Capital Management LLC bought a new stake in The Hain Celestial Group in the second quarter valued at approximately $480,000. Institutional investors own 97.01% of the company’s stock.

About The Hain Celestial Group

The Hain Celestial Group, Inc is a consumer packaged goods company focused on better-for-you products, including organic, natural, plant-based and specialty foods, as well as personal-care items. Its products are sold through grocery stores, mass retailers, natural-food retailers, e-commerce channels and other outlets.

The company’s portfolio has included brands such as Earth’s Best, Terra, Garden of Eatin’, Celestial Seasonings, Alba Botanica, Avalon Organics and JASON. Its offerings span snacks, cereals, baby and toddler foods, teas, personal-care products and other grocery categories.