|Bid||28.56 x 2900|
|Ask||28.58 x 800|
|Day's range||28.47 - 29.65|
|52-week range||25.41 - 45.61|
|PE ratio (TTM)||37.06|
|Earnings date||27 Aug 2018 - 31 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||32.71|
Lululemon Athletica, Hain Celestial Group, AT&T and Time Warner highlighted as Zacks Bull and Bear of the Day
Hain Celestial (HAIN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Hain Celestial Group (HAIN) is one stock you should avoid as it has seen a significant price decline and is also seeing negative earnings estimate revisions.
Irwin D. Simon, founder and chief executive of Hain Celestial Group Inc., still runs the organic- and natural-products company he started 25 years ago. As a result, Hain Celestial, whose brands include Celestial Seasonings tea, Earth’s Best baby food, Terra chips and Sensible Portions snacks, is experiencing shrinking margins and lower U.S. sales. Hain Celestial, which has been the subject of takeover speculation for years, disclosed accounting irregularities in 2016 that kept it from reporting earnings for a year and put it at risk of being delisted from the stock exchange.
Hain Celestial’s (HAIN) margin performance remains under pressure as the company faces increasing commodity and freight costs. Higher brand marketing investments also remain a drag.
With the discontinuation of its Hain Pure Protein business, Hain Celestial (HAIN) now reports its performance under three segments: the US segment, the UK segment, and the Rest of World segment. The segment’s sales were negatively affected by SKU (stock-keeping unit) rationalizations and weakness in brands such as Sensible Portions, Spectrum, the Greek Gods, and Rudi’s Organic Bakery. On the other hand, Alba Botanica, Celestial Seasonings tea, Imagine soups and broths, and Earth’s Best food (infant formula) reported net sales rises of 10%, 7%, 4%, and 4%, respectively.
After its fiscal 3Q18 (ended on March 31) earnings announcement on May 8, most analysts rated Hain Celestial (HAIN) as a “hold.”
Hain Celestial (HAIN) stock has fallen 2.2% since the company reported its fiscal 3Q18 results on May 8. Not just Hain Celestial but a majority of food packaging stocks have been battered on the trading front as investors have remained cautious. The Kellogg Company (K), the Campbell Soup Company (CPB), and General Mills (GIS) have fallen 11.3%, 14.0%, and 28.3%, respectively, on a YTD basis as of May 9.
It's been slow-going for the natural foods maker, which is working to restructure its business and sell off certain assets.
Hain Celestial Group Inc. shares slid 8% Tuesday to their lowest level since January of 2013, after the company’s fiscal third-quarter earnings fell far short of estimates as it grappled with commodity inflation and higher freight costs. The organic and natural products company (HAIN), known for its herbal teas, is the latest this earnings season to highlight inflationary pressures, coming after similar comments from the likes of PepsiCo Inc., Hershey Co. and UPS, among others. The company said mid- to high-single-digit-sales increases in the U.K and the rest of the world, which includes Canada and Europe partially offset a low single digit sales decline in the U.S.
Stocks that moved substantially or traded heavily Tuesday: Citigroup Inc., up $2.50 to $71 The Wall Street Journal reported that activist investment firm ValueAct Capital bought $1.2 billion in Citigroup ...
The bankruptcy of the world’s largest toy retailer isn’t just causing headaches for toy companies: Organic food producer Hain Celestial Inc. is also feeling some pain. Hain, known for selling tea and snacks, included $897,000 of “bad debt” from Toys “R” Us as part of its adjusted profit numbers in its latest quarterly results, which were released early Tuesday. The bad debt was another hit for the company, which lowered its guidance and missed profit estimates amid higher freight and commodity costs and a larger marketing budget.
This morning, Hain Celestial (HAIN) stock was trading 8.2% lower in pre-market trading as of 9:02 AM EST following the announcement of its fiscal 3Q18 results. The company said it had finalized the sale of the Hain Pure Protein business, and the segment is now treated as discontinued operations. Hain Celestial’s sales were $632.7 million in fiscal 3Q18, up 8% on a YoY (year-over-year) basis.
Hain Celestial Group Inc. shares slid 7% in premarket trade Tuesday, after the company's fiscal third-quarter earnings fell far short of estimates. The organic and natural products company said it had ...
On a per-share basis, the Lake Success, New York-based company said it had profit of 12 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 37 cents per share. ...
Hain Celestial Group (HAIN) is set to report its fiscal 3Q18 earnings on May 8. Analysts expect sales growth of 5.8% and adjusted EPS (earnings per share) growth of 42.4%. The company is likely to benefit from its SKU streamlining efforts and strong expense discipline. Acquisitions are also likely to help its financial performance.
For fiscal 3Q18, Hain Celestial Group (HAIN) is expected to report an adjusted gross margin of 21.8% compared to 20.3% in fiscal 3Q17. Analysts expect operating expenses to increase 3.8% to $90.4 million. Despite that increase, its adjusted operating profit is expected to be $72.8 million, up 29.4%.
Hain Celestial Group (HAIN) is scheduled to announce its fiscal 3Q18 results on May 8. Wall Street analysts project adjusted EPS (earnings per share) of $0.47. That compares to $0.33 in 3Q17. Adjusted net income is expected to be $49.1 million compared to net income of $34.9 million.
Hain Celestial Group (HAIN) is scheduled to report its fiscal 3Q18 earnings results on May 8. Analysts expect the company to report sales of $747.2 million, representing a 5.8% growth on a YoY (year-over-year) basis. Strategic initiatives such as brand building, SKU (stock keeping unit) optimization, and acquisitions are likely to drive its top-line growth.
Hain Celestial (HAIN) remains committed to its four-point strategic plan, including investment in top brands and capabilities to grow globally