Zacks Research Has Bearish Forecast for HAIN Q3 Earnings

The Hain Celestial Group, Inc. (NASDAQ:HAIN) – Analysts at Zacks Research reduced their Q3 2027 earnings per share estimates for shares of The Hain Celestial Group in a research report issued to clients and investors on Monday, September 28th. Zacks Research analyst Team now expects that the company will earn $0.01 per share for the quarter, down from their prior estimate of $0.06. The consensus estimate for The Hain Celestial Group’s current full-year earnings is $0.01 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.

Other analysts also recently issued reports about the company. Wall Street Zen downgraded The Hain Celestial Group from a “hold” rating to a “sell” rating in a research note on Saturday, September 26th. Jefferies Financial Group cut their price target on The Hain Celestial Group from $1.03 to $0.81 and set a “hold” rating on the stock in a report on Tuesday, July 7th. Finally, Weiss Ratings upgraded The Hain Celestial Group from a “sell (e)” rating to a “sell (e+)” rating in a 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 stock. According to MarketBeat.com, The Hain Celestial Group presently has an average rating of “Reduce” and an average price target of $0.95.

The Hain Celestial Group Trading Down 2.5%

HAIN opened at $0.49 on Tuesday. The company has a fifty day moving average price of $0.61 and a two-hundred day moving average price of $0.67. 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 cap of $44.38 million, a P/E ratio of -0.15 and a beta of 0.80.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data 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 company had revenue of $263.07 million during the quarter, compared to the consensus estimate 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

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

Key Stories Impacting The Hain Celestial Group

Here are the key news stories impacting The Hain Celestial Group this week:

• Positive Sentiment: Hain Celestial received an extension to regain compliance with Nasdaq’s listing requirements, reducing the immediate risk of delisting and giving management additional time to address the issue. The extension is supportive of the stock, although compliance is not yet fully restored. Hain Celestial wins extension to regain NASDAQ listing compliance
• Neutral Sentiment: Zacks Research raised its estimate for first-quarter fiscal 2027 loss to $0.04 per share from a projected loss of $0.05. The firm also projects fiscal 2027 earnings of $0.01 per share and fiscal 2028 earnings of $0.05, indicating expectations for only modest profitability. Zacks Research Has Bullish Forecast for HAIN Q1 Earnings
• Negative Sentiment: Zacks cut its fiscal 2027 EPS forecast to $0.01 from $0.08 and reduced its fiscal 2028 forecast to $0.05 from $0.16. The firm also lowered estimates for several future quarters, including third-quarter fiscal 2027 EPS to $0.01 from $0.06 and third-quarter fiscal 2028 EPS to $0.02 from $0.08. These revisions point to weaker expected earnings momentum and are likely the primary source of downward pressure on HAIN. Zacks Research Issues Pessimistic Estimate for HAIN Earnings

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.