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 before market open on Tuesday, December 30th 2014. The 2-1 split was announced on Thursday, November 6th 2014. The newly minted shares were issued 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 buyback plan on Thursday, June 22nd 2017, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) announced its quarterly earnings data on Thursday, June, 22nd. The company reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.52 by $0.19. The company earned $706.56 million during the quarter, compared to analyst estimates of $721 million. The Hain Celestial Group had a negative return on equity of 1.09% and a negative net margin of 0.75%. View The Hain Celestial Group's Earnings History.

The Hain Celestial Group updated its fourth quarter earnings guidance on Thursday, June, 22nd. The company provided earnings per share (EPS) guidance of $0.40-0.43 for the period, compared to the Thomson Reuters consensus estimate of $0.55. The company issued revenue guidance of $715-735 million, compared to the consensus revenue estimate of $742.79 million.

19 brokerages have issued 1 year price targets 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 $41.86 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. 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)
• 2. 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)
• 3. 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 increase in short interest in June. As of June 30th, there was short interest totalling 9,049,135 shares, an increase of 30.7% from the June 15th total of 6,922,845 shares. Based on an average trading volume of 6,049,899 shares, the days-to-cover ratio is currently 1.5 days. Approximately 9.0% of the shares of the stock are short sold.

Some companies that are related to The Hain Celestial Group include Ingredion Incorporated (INGR), Campari Group (DVDCY), Spectrum Brands Holdings (SPB), Pinnacle Foods (PF), Lamb Weston Holdings (LW), Service Corporation International (SCI), Pilgrim's Pride Corporation (PPC), Post Holdings (POST), Coca-Cola Amatil (CCLAY), Compania Cervecerias Unidas, S.A. (CCU), Treehouse Foods (THS), Blue Buffalo Pet Products (BUFF), Energizer Holdings (EPC), Tate & Lyle PLC (TATYY), Flowers Foods (FLO), Tupperware Brands Corporation (TUP), Lancaster Colony Corporation (LANC) and Snyder's-Lance (LNCE).

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

• Irwin David Simon, Chairman of the Board, President, Chief Executive Officer, Founder
• Pasquale Conte CPA, Chief Financial Officer, Executive Vice President
• 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 number of of retail and institutional investors. Top institutional shareholders include ENGAGED CAPITAL LLC (9.90%), Bank of Montreal Can (0.34%), Fisher Asset Management LLC (0.16%), Assenagon Asset Management S.A. (0.10%), Advisors Capital Management LLC (0.09%) and US Bancorp DE (0.06%). 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 US Bancorp DE, Investment House LLC, Capital Impact Advisors LLC, Clean Yield Group, Aperio Group LLC, Skylands Capital LLC, Rothschild Investment Corp IL and Roanoke Asset Management Corp NY. View Insider Buying and Selling for The Hain Celestial Group.

The Hain Celestial Group's stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Laurel Grove Capital LLC, Mitsubishi UFJ Asset Management UK Ltd., Hollencrest Securities LLC, Advisors Capital Management LLC, Maple Capital Management Inc., Oregon Public Employees Retirement Fund and LS Investment Advisors LLC. 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 $43.76.