Hain Celestial Group | HAIN | Long at $1.39Hain 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, NASDAQ: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
