Hain Celestial Group (NASDAQ:HAIN) updated its FY 2019 earnings guidance on Thursday. The company provided earnings per share guidance of $1.21-1.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.23. The company issued revenue guidance of $2.5-2.56 billion, compared to the consensus revenue estimate of $2.5 billion.Hain Celestial Group also updated its FY19 guidance to $1.21-1.38 EPS.
Several equities research analysts recently issued reports on the company. Buckingham Research set a $24.00 price target on Hain Celestial Group and gave the stock a hold rating in a report on Friday. UBS Group set a $21.00 price target on Hain Celestial Group and gave the stock a sell rating in a report on Friday. Maxim Group decreased their price target on Hain Celestial Group from $40.00 to $36.00 and set a buy rating for the company in a report on Thursday. Piper Jaffray Companies assumed coverage on Hain Celestial Group in a report on Friday, October 12th. They set a hold rating and a $26.00 price target for the company. Finally, ValuEngine upgraded Hain Celestial Group from a strong sell rating to a sell rating in a report on Tuesday, October 2nd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company’s stock. Hain Celestial Group currently has an average rating of Hold and an average price target of $31.73.
Shares of Hain Celestial Group stock opened at $22.24 on Friday. The firm has a market cap of $2.84 billion, a P/E ratio of 19.17, a P/E/G ratio of 2.83 and a beta of 1.09. The company has a quick ratio of 1.56, a current ratio of 2.49 and a debt-to-equity ratio of 0.40. Hain Celestial Group has a 12-month low of $21.81 and a 12-month high of $44.37.
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About Hain Celestial Group
The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; yogurts; chilies; chocolates; and nut butters.
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