Hain Celestial Group
The 10-second takeaway
For the quarter ended Dec. 31 (Q2), Hain Celestial Group missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased significantly.
Gross margins were steady, operating margins grew, net margins grew.
Hain Celestial Group reported revenue of $455.3 million. The 12 analysts polled by S&P Capital IQ predicted sales of $472.3 million on the same basis. GAAP reported sales were 25% higher than the prior-year quarter's $364.8 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 $0.72. The 15 earnings estimates compiled by S&P Capital IQ averaged $0.69 per share. GAAP EPS of $0.67 for Q2 were 52% higher than the prior-year quarter's $0.44 per share. (The prior-year quarter included -$0.02 per share in earnings from discontinued operations.)
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 28.7%, about the same as the prior-year quarter. Operating margin was 12.1%, 80 basis points better than the prior-year quarter. Net margin was 6.9%, 140 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $479.8 million. On the bottom line, the average EPS estimate is $0.72.
Next year's average estimate for revenue is $1.74 billion. The average EPS estimate is $2.45.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 591 members out of 607 rating the stock outperform, and 16 members rating it underperform. Among 171 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 168 give Hain Celestial Group a green thumbs-up, and three 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 $70.14.
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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 recommends Hain Celestial. The Motley Fool owns shares of 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.