Two National Guard members shot near White House
Investing.com - DA Davidson lowered its price target on Hain Celestial (NASDAQ:HAIN) to $1.50 from its previous target while maintaining a Neutral rating on the stock. The new target sits above the current stock price of $1.32, which has fallen nearly 80% over the past year.
The research firm expressed skepticism about the value that could be extracted from Hain’s portfolio, noting that it had been "starved of investment" for too long. This assessment comes as the company operates with a significant debt burden, according to InvestingPro data.
DA Davidson pointed out that Hain Celestial, once a leader in the health and wellness revolution, has been overtaken by numerous emerging brands amid increased consumer awareness and lower barriers to entry in the market. This market position erosion is reflected in the company’s revenue decline of 10.13% and negative profitability over the past twelve months.
The new $1.50 price target is based on approximately 6.5 times the firm’s forward 24-month EBITDA estimate of $120.9 million for the company.
In its analysis, DA Davidson balanced Hain’s current and five-year trough relative valuation against a blend of Diversified Food & Beverage metrics, noting that the company currently trades at approximately a 21% discount to its peer group.
In other recent news, The Hain Celestial Group reported its first-quarter 2026 earnings, showing mixed results. The company posted a loss per share of $0.08, which was larger than the anticipated loss of $0.05. However, Hain Celestial’s revenue came in at $368 million, slightly above the forecasted $364 million. This revenue beat indicates stronger-than-expected sales performance for the quarter. Despite the earnings per share miss, the company experienced a modest premarket stock increase. These developments reflect cautious optimism among investors. The earnings results are crucial for stakeholders as they assess the company’s financial health and future prospects. Additionally, no major analyst upgrades or downgrades were reported in conjunction with these earnings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.