What is Zacks Research’s Estimate for HAIN Q1 Earnings?

The Hain Celestial Group, Inc. (NASDAQ:HAIN) – Equities research analysts at Zacks Research issued their Q1 2029 earnings estimates for shares of The Hain Celestial Group in a report issued on Monday, September 28th. Zacks Research analyst Team anticipates that the company will earn ($0.02) per share for the quarter. The consensus estimate for The Hain Celestial Group’s current full-year earnings is $0.01 per share.

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

Other equities analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of The Hain Celestial Group from a “hold” rating to a “sell” rating in a research note on Saturday, September 26th. Weiss Ratings raised shares of The Hain Celestial Group from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, September 14th. Finally, Jefferies Financial Group cut their target price 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. Five analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, The Hain Celestial Group has an average rating of “Reduce” and an average target price of $0.95.

The Hain Celestial Group Stock Performance

Shares of The Hain Celestial Group stock opened at $0.51 on Friday. The stock has a market cap of $46.44 million, a price-to-earnings ratio of -0.15 and a beta of 0.95. The stock has a 50 day moving average price of $0.61 and a 200-day moving average price of $0.67. The Hain Celestial Group has a one year low of $0.48 and a one year high of $1.64.

Hedge Funds Weigh In On The Hain Celestial Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HAIN. Nantahala Capital Management LLC purchased a new stake in shares of The Hain Celestial Group during the 2nd quarter worth approximately $4,777,828. Empowered Funds LLC acquired a new position in shares of The Hain Celestial Group during the second quarter worth about $42,000. Public Employees Retirement System of Ohio purchased a new position in shares of The Hain Celestial Group during the 2nd quarter worth approximately $130,000. Bank of America Corp DE purchased a new position in The Hain Celestial Group in the second quarter worth $50,000. Finally, Man Group plc acquired a new stake in shares of The Hain Celestial Group in the second quarter valued at about $750,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

The Hain Celestial Group Company Profile

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.