HAIN

Hain Celestial Group Inc

Consumer, Event Driven/Special Sit


Presented:05/25/2017
Price:$35.96
Cap:$3.74B
Current Price:$8.74
Cap:$0.79B

Presented

Date05/25/2017
Price$35.96
Market Cap$3.74B
Ent Value$5.05B
P/E Ratio17.98x
Book Value$17.78
Div Yield0%
Shares O/S104.09M
Ave Daily Vol1,140,741
Short Int9.61%

Current

Price$8.74
Market Cap$0.79B
Hain Celestial Group, Inc. engages in the production and distribution of organic and natural products. It offers products grocery, snacks, tea, personal care, and poultry. The grocery products covers infant formula, rice, and grain-based products, plant-based beverages, and frozen desserts, chocolate, pastas, fresh fruits, refrigerated and frozen soy protein meat-alternative, and marmalade products. The snacks products include potato, root vegetables, and other exotic vegetable chips. The tea products refers to herbal green, black, wellness, rooibos and chai tea lattes. The personal care products include skin, hair, and oral care, deodorants, baby care items, acne treatment, body washes and sunscreen. The poultry products are the protein products manufactured and marketed as antibiotic-free or organic, vegetarian fed and humanely raised, including kosher products. It operates through the following geographical segments: the United States, the United Kingdom, Hain Pure Protein, Canada and Europe. The company was founded by Irwin David Simon on May 19, 1993 and is headquartered in Melville, NY.

Publicly traded companies mentioned herein: Hain Celestial Group Inc (HAIN), United Natural Foods Inc (UNFI), Whole Foods Markets Inc (WFM)

Highlights

Hain Celestial’s accounting issues and the resulting delays in properly filing its financial statements have been widely reported on over the past year. Most recently, on May 11, HAIN disclosed that its accounting review is finally nearing an end, and it will post results for the last three quarters “by the end of May”. With the stock trading at $35-36 per share, the presenter sees a favorable risk/reward ahead of what is likely a binary, end of May catalyst. He is long the stock (and options), and explained his optimistic view of the setup as follows:

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.