25.46 0.00 (0.00%)
After hours: 4:42PM EST
|Bid||25.46 x 1200|
|Ask||25.49 x 900|
|Day's Range||25.37 - 25.73|
|52 Week Range||14.45 - 26.49|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 04, 2020 - Feb 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.93|
Today we will run through one way of estimating the intrinsic value of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by...
Smucker's (SJM) top line has been witnessing lower net price realization for the last few quarters. Also, the divestiture of the U.S. baking business has been denting growth.
Campbell Soup (CPB) is focused on shifting its overall portfolio toward the fast-growing snacks category. However, the company has been battling input cost inflation.
Helen of Troy's (HELE) third-quarter fiscal 2020 results are likely to reflect gains from Leadership brands and strength in the Housewares segment. However, escalated costs pose a threat.
Lamb Weston's (LW) second-quarter fiscal 2020 results are likely to reflect gains from robust price/mix and focus on LTOs. However, input cost inflation has been a threat.
[Editor's note: "7 Stocks to Buy to Ride the Vegan Wave" was previously published in October 2019. It has since been updated to include the most relevant information available.]The IPO success of Beyond Meat (NASDAQ:BYND) has me revisiting the world of plant-based foods and exploring how investors can take advantage of the move to meatless alternatives. Today, the global plant-based meat market is estimated to be $12.1 billion. It's expected to grow to $27.9 billion by 2025, a compound annual growth rate of 15%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhile many companies have focused on vegetarian and vegan markets in the past, it's clear that most food companies are now going after the "flexitarian" consumer: the person who still eats meat, but is opting for meatless alternatives regularly. Today, 32% of Americans identify themselves as flexitarian.As a result of this change in consumer tastes, companies have invested a total of $16 billion in plant-based meat, egg and dairy products. The "vegan wave" is now the flexitarian wave. * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade Regardless of what you want to call it, these seven companies are taking advantage of the move to meatless alternatives. And some of these stocks to buy might even make you a lot of money in the long run. Beyond Meat (BYND)Source: calimedia / Shutterstock.com By now, the Beyond Meat story is known by most investors, so I'll keep the IPO details to a minimum.The California plant-based food company went public on May 1 at $25 a share, selling 9.6 million of its stock for net proceeds of $219 million, not including the underwriters' over-allotment. The company's shareholders didn't sell any of their shares in the IPO. However, on Aug. 2, it did file a final prospectus that will see Beyond Meat sell 250,000 shares to the public along with some of its pre-IPO shareholders, selling 3 million shares of BYND stock. The company wisely waived the 180-day lock-up period for its main investors so that they can cash out a portion of their shares while they're up almost six-fold. A fundamental capital allocation principle is to sell your stock when it is expensive and repurchase it when it's cheap. Beyond Meat's Q3 net revenues increased 250.0% year-over-year to $92.0 million, gross profit improved to $32.8 Million or 35.6% gross margin, and net income increased to $4.1 Million or $0.06 earnings per diluted share . Tyson Foods (TSN)Source: Daniel J. Macy / Shutterstock.com A lot has happened since I last wrote about Tyson Foods (NYSE:TSN) and its foray into meatless alternatives. Some of it good, some of it bad. In 2016, Tyson made a 5% investment in Beyond Meat, the company behind the burger that has taken Canada and the U.S. by storm. It upped its stake at the end of 2017 as part of a $55 million investment round by the California-based company."We got attacked when we signed a deal with Tyson. People said I personally have blood on my hands," said Beyond Meat CEO Ethan Brown at the time. "Tyson took a big risk, too. I mean Hayes didn't get any love letters when he backed us. But I'd much rather try to get things done than throw stones, and the people at Tyson know how to move the needle."Unfortunately for Tyson shareholders, the company didn't make it to the ball, selling its shares in April for an undisclosed amount, after Tyson CEO Noel White decided the company would create its own plant-based protein line. * The 10 Worst Dividend Stocks of the Decade Tyson's brand is called Raised & Rooted. It will compete with Beyond Meat. However, while its chicken nugget product will be meatless, its burger will contain Angus beef as well as pea protein isolate. According to TSN's chief marketing officer, "While most Americans still choose meat as their primary source of protein, interest in plant and blended proteins is growing significantly".The fact is, 70% of the people who eat Beyond Meat burgers are meat-eaters. Sustainable foods are the wave of the future. Kellogg (K)Source: DenisMArt / Shutterstock.com When most people think of Kellogg (NYSE:K), the first thing that likely comes to mind is cereal: Special K, Frosted Flakes, Mini-Wheats, etc. However, it has owned a vegetarian food brand called MorningStar Farms since acquiring the business in 1999. The company sells over 90 million pounds of faux meat (burgers, chicken, sausage, etc.) every year, with a third from fake burgers and the remaining two-thirds from its other products. Estimates suggest that MorningStar generates $450 million in annual revenue, about double the amount Beyond Meat sells in a year. Beyond Meat is valued at 64 times sales. If MorningStar Farms were given the same valuation, it would be worth $29 billion to Kellogg, about 50% more than the company's current market cap. It is clear that Kellogg is aware of MorningStar Farm's potential. The big question is whether its management is smart enough to take advantage of the popularity of meatless products. Amazon (AMZN)Source: Shutterstock It has been a whirlwind 23 months since Amazon (NASDAQ:AMZN) stunned the world buying Whole Foods for $13.7 billion.Prognosticators of all types came out of the woodwork predicting the many changes Jeff Bezos would implement at the healthy foods grocery-store chain.One of the more sensible changes is expanding Whole Foods' delivery network. Whole Foods now provides two-hour delivery in 90 cities across the U.S.Not surprisingly, the predicted drop in prices at Whole Foods, has yet to materialize. * 7 Energy Stocks That Are Still Worth Buying In 2020 "While deeper promotional pricing on key items, incremental savings … and increased convenience for Prime Members in the first year under Amazon ownership have caught our eye as consumers, the reality is that Whole Foods pricing on a broad basket has remained largely unchanged," stated a report from Gordon Haskett Research Advisors. Con Agra (CAG)Source: Shutterstock In my previous article about the move to plant-based foods, I discussed Hain Celestial (NASDAQ:HAIN), one of the earliest adopters of meatless and vegan alternatives. One of its companies is Yves Veggie Cuisine, founded by Canadian food entrepreneur Yves Potvin in 1985. Potvin used $5,000 of his own money, $10,000 from family and $25,000 in small-business loans to get it up-and-running. Potvin sold Yves to Hain in 2001.Potvin's next move was to create Gardein in 2003, a maker of meatless alternatives, including veggie burgers and chicken sliders, the founder's favorite Gardein product. Potvin sold Gardein in 2014 to Pinnacle Foods, now a subsidiary of ConAgra Brands (NYSE:CAG), for $154 million. ConAgra likely acquired Pinnacle Foods, in part, to take advantage of the flexitarian movement."That means the opportunity here could be in the range of $30 billion just in the U.S.," CEO Sean Connolly said recently. "And you know, there's even more opportunity internationally."If you are a CAG shareholder, Gardein is a big reason to hang on to your stock. Restaurant Brands International (QSR)Source: Shutterstock While most investors in the U.S. are familiar with Restaurant Brands International (NYSE:QSR) because of its Burger King restaurants, up here in Canada, where I live, Tim Hortons is an iconic name that RBI is trying to grow with Canadians and coffee lovers in other parts of the world, including the U.S.To compete with other fast-casual names, Tim Hortons has introduced and continues to test plant-based alternatives. In the past month, Tim Hortons has launched a Beyond Meat burger in Canada, Beyond Meat vegetarian sausage patties, and is experimenting with plant-based eggs. Early indications suggest the plant-based eggs, which are made by San Francisco food company Just, are getting rave reviews. According to a Just spokesperson, "Canada is one of the most requested markets for JUST and we're excited to be able to offer our product at select Tim Hortons locations for this market test." * 7 Hot Stocks for 2020's Big Trends I haven't been a fan of QSR stock -- it has a lot of debt -- but if it continues to innovate in this growing area of the restaurant and food industries, I might just have to change my tune. Impossible FoodsSource: Shutterstock In the previous slide, I discussed some of the initiatives Restaurant Brands International was doing for its Tim Hortons brand in Canada. I mentioned that the company also owns Burger King. Well, Burger King announced Aug. 1 that it is testing the Impossible Whopper, a plant-based version of its top-selling burger, for one month across all 7,200 stores in the U.S.Impossible Foods make the Impossible Whopper, the same people behind the plant-based burger that's available at all Wahlburger locations across the U.S. Burger King first tested the Impossible Whopper in 59 stores in the St. Louis area. The stores that sold this burger saw foot traffic increase by a whopping 18.5%. However, because the burger contains soy leghemoglobin, it isn't considered to be vegan.In May, Impossible Foods raised $300 million to bring its total funds raised to $750 million since its inception in 2011. Although the company is expected to go public at some point in 2020, it's not in a rush to do an IPO. Like Beyond Meat, it has a who's who list of investors, including Serena Williams, Bill Gates, Jay-Z and many others. The latest fundraise valued Impossible Foods at $2 billion. At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Internet Stocks Getting Hammered * 6 Big Growth ETFs to Buy For the Second Half of 2019 * 5 Cheap Stocks to Buy Now That the Fed Cut Rates The post 7 Stocks to Buy to Ride the Vegan Wave appeared first on InvestorPlace.
General Mills' (GIS) second-quarter fiscal 2020 results are expected to reflect gains from global growth strategies and cost-saving efforts.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 752 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Target is the Yahoo Finance Company of the Year for 2019. We talk with Target's executive team and experts on how the retailer made it happen in 2019 and what's in store for 2020.
Hain Celestial (HAIN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
If you own shares in The Hain Celestial Group, Inc. (NASDAQ:HAIN) then it's worth thinking about how it contributes to...
The Hain Celestial Group, Inc. (Nasdaq: HAIN) ("Hain Celestial" or the "Company"), a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life™, today announced that the independent Compensation Committee of the Company's Board of Directors has made inducement awards (the "Inducement Awards") to new Executive Vice President and Chief Financial Officer, Javier H. Idrovo.
Hain Celestial's (HAIN) top and bottom lines decline year over year in first-quarter fiscal 2020. However, earnings beat the consensus mark and margins expand year over year.
Seasoned Financial and Consumer Packaged Goods Executive Javier Idrovo to Join Company as Executive Vice President and CFO LAKE SUCCESS , N.Y., Nov. 7, 2019 /PRNewswire/ -- The Hain Celestial Group, Inc. ...
Transformational Strategic Plan Remains On Track Reiterates Fiscal Year 2020 Guidance LAKE SUCCESS, N.Y. , Nov. 7, 2019 /PRNewswire/ -- The Hain Celestial Group, Inc. (Nasdaq: HAIN) ("Hain Celestial" ...
SKU rationalization and pricing initiatives along with foreign currency headwinds are likely to have impacted Hain Celestial's (HAIN) Q1 performance.
Hain Celestial (HAIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
Aphria (NYSE:APHA) reported its second consecutive quarterly profit Oct. 15. Initially, Aphria stock jumped 25% on the news. Since then, it's fallen back some. More importantly, it still trades 11% below where it started the year. Source: Shutterstock What gives?It seems investors have no clue what they want from cannabis stocks these days. That's really bad news for anyone expecting to profit from APHA stock or any of the other Canadian producers. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Irwin Simon and Aphria StockIn the nine months since Aphria's chairman, Irwin Simon, was named interim CEO of the company, the former Hain Celestial (NASDAQ:HAIN) CEO's been focused on generating consistent profits. * 7 Top-Notch REITs to Buy for Income "In the context of poor sector sentiment, profitability becoming an increasing focus, and guidance scarce, this print is very reassuring and supports our conviction in the name," Jefferies Financial (NYSE:JEF) analyst Ryan Tomkins stated in a note to clients in August after notching its first of two consecutive profits. "Names who can show a route to profitability (or are there now) have the greatest likelihood of attracting near term investor interest."So, the fact it was able to deliver a second consecutive quarterly profit at a time when companies like WeWork are trying to IPO despite losing millions of dollars, suggests that investors have completely lost faith in the cannabis industry.It doesn't help when you realize that the CAD$16.4 million profit Aphria reported Oct. 15, excluding the non-operating income of CAD$20.3 million, would actually have been a CAD$3.9 million loss. Nor does it help that 76% of the company's revenue in Q1 2020 was from CC Pharma, Aphria's German pharmaceutical distributor. Sure, the company intends to use CC Pharma as its platform for cannabis growth in Europe, it's got a ways to go before the division is generating substantial cannabis revenues. Sales Improvements and Aphria StockIn the first quarter, Aphria grew its cannabis revenue by 164% year over year to C$35.1 million and 7.6% on a sequential basis from Q4 2019. That's good news in an industry that can't seem to generate a profit to save its life. If you're not making money because you're building scale, you would think investors would at least be happy about the triple-digit sales gains that Aphria and the rest of the big players are delivering, yet that doesn't seem to be the case. Irwin Simon's got to be frustrated that Aphria grew sales by 164%, delivered an all-in cost of C$2.52 per gram on the 6.0 million grams of cannabis sold during the quarter, and generated a small adjusted EBITDA profit of C$1.3 million (by comparison, Aurora Cannabis (NYSE:ACB) had an adjusted EBITDA loss of $11.7 million) but its share price continues to trade around $5, well below its 52-week high of $13.45. With Aphria projecting annualized Canadian marijuana revenue of C$1 billion by the end of 2020's calendar year and some of the industry's best cost controls, it ought to be able to continue to generate quarterly adjusted EBITDA profits. The problem is investors don't seem to care. The Bottom Line on Aphria StockIn the past, I've been skeptical of Simon's ability to drive Aphria to future success. However, like many of the analysts who've chimed in since the company announced its first-quarter results, I'm more optimistic today than I was at the start of the year. Down 11% year to date through October 23 and 58% over the past year, aggressive investors interested in a cannabis play ought to be considering APHA stock. It can't be any worse than some of the money-losing unicorns that have gone public in the past year. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cybersecurity Stocks to Keep Your Portfolio Safe * 7 Top-Notch REITs to Buy for Income * 5 Reasons Why I Still Believe in Hexo Stock The post Dumping Aphria Stock over Profit Concerns Is a Huge Mistake appeared first on InvestorPlace.
LAKE SUCCESS, N.Y. , Oct. 24, 2019 /PRNewswire/ -- The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading organic and natural products company with operations in North America , Europe , Asia and the ...