Jefferies Reiterates Hold Rating on Hain Celestial (HAIN)

Hain Celestial (HAIN) PT Lowered to $6 at Evercore ISI

Evercore ISI analyst David Palmer lowered the price target on Hain Celestial (NASDAQ: HAIN) to $6.00 (from $9.00) while maintaining a In Line rating.

The analyst comments "Our view: Following F2Q earnings and our discussion with the company, we are lowering our FY25e... More

Hain Celestial (HAIN) PT Lowered to $4.50 at Jefferies

Jefferies analyst Kaumil Gajrawala lowered the price target on Hain Celestial (NASDAQ: HAIN) to $4.50 (from $7.55) while maintaining a Hold rating.

The analyst comments "Our Thesis & Valuation: The company's four-pillar strategy aims to deliver +3% organic growth, notably better margins, and higher... More

Hain Celestial (HAIN) Misses Q2 EPS by 4c

Hain Celestial (NASDAQ: HAIN) reported Q2 EPS of $0.08, $0.04 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $411 million versus the consensus estimate of $432.49 million.

FISCAL 2025 GUIDANCE*

Commercial execution and supply chain challenges drove second quarter results... More

Stifel: Americas Food Stocks 4Q24 preview and 2025 outlook

On Tuesday, Stifel released its 4Q24 preview for Americas food stock companies under coverage. The firm maintained a Neutral weighting for the Food group citing a valuation that is a discount to history. The Neutral weight reflects a weak revenue outlook, and reinvestment requirements pressuring margins.

The report notes that food stocks underperformed the S&P 500 and consumer staples group by -1520BPS and -850BPS respectively in 4Q. The packaged food group now stands at the 3rd percentile relative multiple in relation to the S&P 500. The firm believes this reflects the uncertainty in the pace of revenue... More