Hain Celestial Group
The 10-second takeaway
For the quarter ended Sep. 30 (Q1), Hain Celestial Group missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share grew significantly.
Gross margins dropped, operating margins increased, net margins grew.
Hain Celestial Group booked revenue of $359.8 million. The 12 analysts polled by S&P Capital IQ expected net sales of $369.6 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $292.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.40. The 16 earnings estimates compiled by S&P Capital IQ predicted $0.39 per share. GAAP EPS of $0.35 for Q1 were 35% higher than the prior-year quarter's $0.26 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 26.5%, 80 basis points worse than the prior-year quarter. Operating margin was 9.1%, 70 basis points better than the prior-year quarter. Net margin was 4.6%, 60 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $473.4 million. On the bottom line, the average EPS estimate is $0.69.
Next year's average estimate for revenue is $1.78 billion. The average EPS estimate is $2.39.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 496 members out of 513 rating the stock outperform, and 17 members rating it underperform. Among 139 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 137 give Hain Celestial Group a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hain Celestial Group is outperform, with an average price target of $74.38.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Hain Celestial. Motley Fool newsletter services recommend Hain Celestial. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.