The Hain Celestial Group Company Profile (NASDAQ:HAIN)

The Hain Celestial Group trades on the NASDAQ under the ticker symbol "HAIN."

The Hain Celestial Group shares split on the morning of Tuesday, December 30th 2014. The 2-1 split was announced on Thursday, November 6th 2014. The newly minted shares were distributed to shareholders after the closing bell on Monday, December 29th 2014. An investor that had 100 shares of The Hain Celestial Group stock prior to the split would have 200 shares after the split.

The Hain Celestial Group declared that its Board of Directors has initiated a share repurchase plan on Thursday, June 22nd 2017, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) posted its quarterly earnings results on Tuesday, August, 29th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.40 by $0.03. The company had revenue of $725.10 million for the quarter, compared to analysts' expectations of $720.70 million. The Hain Celestial Group had a return on equity of 7.65% and a net margin of 2.36%. The Hain Celestial Group's revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.43 EPS. View The Hain Celestial Group's Earnings History.

The Hain Celestial Group issued an update on its FY18 earnings guidance on Tuesday, August, 29th. The company provided earnings per share (EPS) guidance of $1.63-1.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.65. The company issued revenue guidance of $2.967-3.036 billion, compared to the consensus revenue estimate of $2.97 billion.

16 brokerages have issued 1 year target prices for The Hain Celestial Group's shares. Their forecasts range from $34.46 to $52.00. On average, they anticipate The Hain Celestial Group's share price to reach $42.04 in the next twelve months. View Analyst Ratings for The Hain Celestial Group.

Here are some recent quotes from research analysts about The Hain Celestial Group stock:

• 1. Maxim Group analysts commented, "F4Q17 (Jun) total adjusted net sales of $725.1M, up 2.1% y/y on a constant currency basis, was relatively inline with our estimate of $725.0M, but slightly above consensus of $719.5M." (8/29/2017)
• 2. According to Zacks Investment Research, "Hain Celestial’s shares have underperformed the industry in the past one year due to delay in filings and SEC investigation. The company recently posted third-quarter fiscal 2017 numbers after a hiatus of over a year. It reported lower-than-expected results primarily due to soft performance of the U.S. and U.K. segments. With more companies expanding presence in the natural & organic food segmnet, competition is likely to be stiff and may hurt the top line. We observe that the company’s sales have declined 4.1% and 0.5% in the third and second quarter of fiscal 2017, respectively. Foreign currency headwinds which impacted the performance in the first nine months of fiscal 2017 are likely to hamper the results in the fourth quarter also. However, with Hain Celestial being one of the largest suppliers of branded natural and organic foods to Whole Foods is viewing the latters’ deal with Amazon as a lucrative opportunity." (6/29/2017)
• 3. BMO Capital Markets analysts commented, "HAIN has much to do to regain investors' trust; yet at current levels the risk-reward looks favorable, given undemanding valuation, solid organic/natural trends, potentially faster growth recovery with the addition of veteran management talent at various levels, and the opportunity to significantly reduce cost structure. While the ongoing accounting review's impact on HAIN's F16 sales/EPS remains uncertain, we now expect a yr/yr earnings decline in F17 given weaker-thanexpected sales recovery in the US, higher investments in people/processes/brandbuilding, stronger FX headwinds, and delay in Project Terra driven savings." (3/7/2017)
• 4. Jefferies Group LLC analysts commented, "HAIN announced that it had received a waiver and extension of certain obligations under its credit facility from its lenders until May 30, 2017. The extension was largely expected, but two incremental positives were disclosed: 1) company generated ~$67M in FCF over the last six months; and 2) management's commentary deliberately pointed to being closer to completing the reporting process. As such, we now see lower probability of a material restatement." (2/28/2017)

The Hain Celestial Group saw a decline in short interest in August. As of August 31st, there was short interest totalling 7,652,371 shares, a decline of 13.6% from the August 15th total of 8,860,863 shares. Based on an average trading volume of 2,162,635 shares, the days-to-cover ratio is currently 3.5 days. Approximately 7.6% of the shares of the stock are short sold.

Some companies that are related to The Hain Celestial Group include Pilgrim's Pride Corporation (PPC), Pinnacle Foods (PF), Lamb Weston Holdings (LW), Service Corporation International (SCI), Spectrum Brands Holdings (SPB), Post Holdings (POST), Glanbia Plc ADR (GLAPY), Blue Buffalo Pet Products (BUFF), Compania Cervecerias Unidas, S.A. (CCU), Energizer Holdings (EPC), Tate & Lyle PLC (TATYY), Flowers Foods (FLO), 51job (JOBS), Treehouse Foods (THS), Sanderson Farms (SAFM), Snyder's-Lance (LNCE), Industrias Bachoco, S.A. de C.V. (IBA) and Nu Skin Enterprises (NUS).

The Hain Celestial Group's management team includes the folowing people:

• Irwin David Simon, Chairman of the Board, President, Chief Executive Officer, Founder
• James M. Langrock, Chief Financial Officer, Executive Vice President
• Denise M. Faltischek, Executive Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary
• John B. Carroll, Executive Vice President - Global Brands, Categories and New Business Ventures
• Andrew R. Heyer, Lead Independent Director
• Richard C. Berke, Independent Director
• Raymond W. Kelly, Independent Director
• Roger Meltzer, Independent Director
• Scott M. O'Neil, Independent Director

The Hain Celestial Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include ENGAGED CAPITAL LLC (9.90%), BlackRock Inc. (8.11%), Vanguard Group Inc. (8.04%), FMR LLC (7.15%), State Street Corp (2.53%) and Bank of New York Mellon Corp (1.94%). View Institutional Ownership Trends for The Hain Celestial Group.

The Hain Celestial Group's stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Glenview Capital Management LLC, FMR LLC, Pictet Asset Management Ltd., Prudential Financial Inc., TIAA CREF Investment Management LLC, BlackRock Inc. and US Bancorp DE. View Insider Buying and Selling for The Hain Celestial Group.

The Hain Celestial Group's stock was purchased by a variety of institutional investors in the last quarter, including Black Creek Investment Management Inc., State of New Jersey Common Pension Fund D, Toronto Dominion Bank, Bank of Nova Scotia, UBS Oconnor LLC, Delta Lloyd Asset Management N.V., Canada Pension Plan Investment Board and Ameriprise Financial Inc.. View Insider Buying and Selling for The Hain Celestial Group.

Shares of The Hain Celestial Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of The Hain Celestial Group stock can currently be purchased for approximately $39.60.