Hain Celestial Group $NASDAQ:HAIN. I've had this organic food company on my watchlist for some time as it has dropped massively since 2021. Today, it dropped over 50% post-earnings call after the announcement of weaker sales/earnings and the exit of its CEO (much needed). The company is going to do a "strategic review" of its business moving forward and this is the turn/recognition I've been waiting for entry. Currently, at $1.39, it is highly undervalued - despite the company's challenges (which had a $1.74 billion revenue in 2024). It has moderate debt-to-equity ratio of 0.91x and a moderate growth outlook. It's a perfect acquisition target and divestitures could be beneficial to the upside in the long-term. I do think, however, there is a chance this goes below $1.00 in the near-term. But given the CEO's departure and awareness that the company needs to reinstate investor confidence, there is a good chance this stock may return to fair value again (over $3).
Thus, at $1.39,
HAIN is in a personal buy zone, with a word of caution about price mentioned above. Outlook and targets are into 2027.
Targets:
Thus, at $1.39,
HAIN is in a personal buy zone, with a word of caution about price mentioned above. Outlook and targets are into 2027.Targets:
- $1.75
- $2.00
- $2.50
Trade active
Targets #1 and #2 reached for a 43.9% gain.Trade closed: target reached
Given the quick rise in price since the initial call, taking all profits. Better companies exist for safer investments. The exit today at $2.09 lead to a nice 50.4% gain in 14 days.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.