The Hain Celestial Group, Inc. Message Board

This stock has been running up for a few years.

From the mid teens to today the pe has stayed between the high 20s and the low 40s.The earnings have been growing faster than the estimated peg is guessing.

Same store sales at the organic/high end supermarkets have been growing (WFM,TFM,NGVC),at some point the growth in healthy fair will slow but it has not happened yet.

People are ignoring the alchemy of high pe roll up stocks.When a stock with a 40 pe buys a private company for a 10 or 12 pe when the profits hit the bottom line it gets valued at 4 times the amount they paid for it because of the price premium of the public stock over what was paid to buy the private company.This is the opposite of companies that end up writing down large amounts of goodwill when they overpay for companies they buy.

While the stock price appears to be on the high end of the traditional range it did not pop for no reason,it was positive numbers.While there could be short turn pullback based on the run getting a little ahead of itself, but a few years out the stock should be over 100 baring a big negative surprise..