[2016-MAY] The Hain Celestial Group NASDAQ : HAIN Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0.7 In other words, the correlation coefficient of the other stock
I'm currently a bit underwater on my HAIN position, so I'm hoping for the best but my mind is saying otherwise. Forward P/E ratio is somewhere near 23, but the growth just isn't there right now. I think the best case scenario for investors is an acquisition by the likes of Campbell's or someone along those lines. Organic growth going forward is going to be more difficult than years past and HAIN's balance sheet isn't cut out for more cash acquisitions at this point. I'm hoping to see some news that drives HAIN north about 10% at which point I'll reassess and may bail. My position is small, but there's something about this position where I'm not willing to sell at a loss. Best of luck HAIN longs.
Interesting new marketing campaign for MaraNatha. MaraNatha's "break-up" with jelly is "just the latest in a string of recent celebrity break-ups" (from yesterday's PR)
Part of the $50M being invested in the consumer per Irwin two weeks or so ago.
Glad to see the marketing effort--hope it's successful. (Tea seems to have been suffering the past few years....)
Ready to find a few stocks that arent as boring as HAIN ? Make sure you get into the-stock-dork now - the site has been a massive winner for me .
HAIN appears to suggest upside opportunity. Ive been struggling with this stock lately. Some of my other trades have been from Awe-Som.e.Sto-cks. which are working out pretty well.
CEO on Cramer tonight. Said the company is better and stronger then before the accounting issues. Said he is focused on Customers and Stockholders.
UPGRADE by SunTrust price target raised to $40 from $35 today
Hain has been getting better and better shelf space from Whole Foods in this area, from Spectrum Fish Oil stacked at Register , To Bearito and Terra products on end caps, even the JASON and Alba products have been growing their shelf space. Their placements could be at risk if WFM starts pushing for lower pricing or follows the rest of the industry and starts asking for placement fees to get the best locations. The funniest thing about the Amazon hysteria is that even though whole foods lowered some prices starting yesterday, most of the prices are still higher than competing markets for the same product. The supermarket space is one of the most competitive retail areas with the lowest margins and are more prepared to take on Amazon than other market sectors were.
What recent accounting investigation are they referring to in WSJ article? Did something come out on the conference call that is not in the earnings release? Something is up!
Absolutely shocked that HAIN went RED !!!
Only other possible explanation for drop today is fear about Amazon which Cramer fanned a few flames this morning. They should put this company out for bid at $50 and burn the shorts..
What turned the stock negative?
FWIW, speaking of analysts, 13 of the 19 that cover HAIN have chimed in thus far today. All but Morningstar have reiterated their ratings; Mstar went from buy to hold. 6 Buys 12 Holds 1 Sell (UBS A/O 6/23)
One year target: 43.50
From Bloomberg terminal
Time to buy in! Looks great now!
Just proves those downgrades were BOGUS !!
Maybe they really need to but this puppy on the auction block !!!
Downgrade right before earnings ??? Hmmmmmmmmm.
The whisper must not be good!! Sell now. It will be $34 in a week.
Hain is the stock to buy and hold. Recently successfully doubled the retail price of its Westsoy soymilk product (at Supermarkets) when soybean prices have gone down by about 45% since 2012! This company and its management works for you, its shareholders, but perhaps not for the consumer.