Hain Celestial (HAIN) Files Mixed Shelf Registration Statement
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November 10, 2021 4:28 PM EST
The Hain Celestial Group, Inc. (Nasdaq: HAIN) ("Hain Celestial," "Hain" or the "Company"), today announced that certain affiliates of Engaged Capital, LLC (the "Selling Stockholders") that have existing ownership interests in Hain, intend, subject to market conditions, to offer 12,379,504 shares of Hain common stock in an underwritten secondary offering. The Selling Stockholders will receive all of the net proceeds from the offering. Hain is not offering any shares of common stock in the offering.
Subject to the completion of the offering, the Company intends to concurrently repurchase directly from the Selling Stockholders... More
November 9, 2021 3:33 PM EST
Piper Sandler analyst Michael S. Lavery raised the price target on Hain Celestial (NASDAQ: HAIN) to $53.00 (from $44.00) while maintaining a Overweight rating.
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November 9, 2021 6:35 AM EST
Hain Celestial (NASDAQ: HAIN) reported Q1 EPS of $0.25, $0.01 better than the analyst estimate of $0.24. Revenue for the quarter came in at $454.9 million versus the consensus estimate of $442.59 million.
For earnings history and earnings-related data on Hain Celestial (HAIN) click here.
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