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These Analysts Slash Their Forecasts On Haemonetics After Q1 Results

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These Analysts Slash Their Forecasts On Haemonetics After Q1 Results

Haemonetics Corp (NYSE:HAE) reported upbeat earnings for the first quarter on Thursday.

The company posted quarterly earnings of $1.10 per share which beat the analyst consensus estimate of $1.02 per share. The company reported quarterly sales of $321.394 million which beat the analyst consensus estimate of $305.115 million.

Haemonetics affirmed FY2026 adjusted EPS guidance of $4.70 to $5.00.

Haemonetics shares closed at $55.63 on Thursday.

These analysts made changes to their price targets on Haemonetics following earnings announcement.

  • JP Morgan analyst Rohin Patel downgraded Haemonetics from Overweight to Neutral and lowered the price target from $85 to $62.
  • Mizuho analyst Anthony Petrone maintained Haemonetics with an Outperform rating and lowered the price target from $90 to $70.
  • Barrington Research analyst Michael Petusky maintained the stock with an Outperform rating and lowered the price target from $95 to $86.

Considering buying HAE stock? Here’s what analysts think:

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Latest Ratings for HAE

DateFirmActionFromTo
Feb 2022Raymond JamesMaintainsOutperform
Jan 2022NeedhamDowngradesBuyHold
Jan 2022Morgan StanleyMaintainsEqual-Weight

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View the Latest Analyst Ratings

 

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