The Hain Celestial Group, Inc. (HAIN): New Analyst Report from Zacks Equity Research - Zacks Equity Research Report

By
A A A

Summary:
A leader in natural food and personal care products with an array of well-known brands, Hain Celestial is poised to surge as the demand for organic food increases. The company's strategic investments coupled with continued efforts to contain costs, increase productivity and enhance cash flows and margins enabled it to deliver healthy results. This is evident from strong first-quarter fiscal 2015 results, wherein the top and bottom lines registered growth of 32.2% and 31%, respectively, on the back of rise in consumption, innovative marketing and expanded distribution. Also, acquisitions have been a key part of the company's strategy to build market share. For fiscal 2015, management reiterated sales to increase in the band of 27% to 30% and earnings per share to grow between 17% and 23%. Given the company's strong fundamentals and encouraging outlook we maintain our Outperform recommendation.


Overview:

Incorporated in 1993 and headquartered in Melville, New York, The Hain Celestial Group, Inc. (HAIN) produces, distributes, markets, and sells various natural and organic foods as well as personal care products in the United States, Canada and Europe. The company offers popular better-for-you groceries (non-dairy beverages and frozen desserts, flour and baking mixes, cereals, condiments, cooking oils, infant and toddler food, etc.), snacks (potato and vegetable chips, organic tortilla style chips, whole grain chips and popcorn, etc.), and tea (include herb teas such as Lemon Zinger, Peppermint, Mandarin Orange Spice, Cinnamon Apple Spice, Red Zinger, etc.). The company's food-to-go products comprise fresh sandwiches, appetizers and full-plated meals, which are distributed to retailers, caterers, and food service providers.

The Hain Celestial Group is the largest manufacturer in the natural foods segment and has several leading brands. Some of the prominent brands are Earth's Best, Ella s Kitchen, Celestial Seasonings, Terra, Garden of Eatin , Sensible Portions, The Greek Gods, Spectrum, Spectrum Essentials, Rice Dream, Soy Dream, Almond Dream, Imagine, WestSoy, Arrowhead Mills, MaraNatha, SunSpire, Health Valley, BluePrint, Lima, Danival, GG UniqueFiber TM, Yves Veggie Cuisine, Europe s Best, DeBoles, Tilda, Rudi's Organic Bakery, Linda McCartney (under license), The New Covent Garden Soup Co., Johnson s Juice Co., Farmhouse Fare, Cully & Sully, Hartley's, Sun-Pat, Gale's, Robertson's and Frank Cooper's.

The company also provides natural personal care products under brands such as Avalon Organics, Alba Botanica, JASON, Queen Helene and Earth's Best brands. The products of the company are principally sold to specialty and natural food distributors and are marketed nation-wide to supermarkets, natural food stores, and other retail classes of trade including mass-market retailers, drug store chains, food service channels and club stores.

The company completely acquired Hain Pure Protein Corporation (HPP), which processes, markets and distributes antibiotic-free chicken and turkey products, for $40 million. The company also has a 50% stake in a joint venture, Hutchison Hain Organic Holdings Limited ("HHO") with Chi-Med, a majority owned subsidiary of Hutchison Whampoa Limited. Hutchison Hain Organic Holdings Limited markets and distributes the company's products in Hong Kong, China and other markets.


The Hain Celestial Group, Inc. (HAIN): Read the Full Research Report
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


HAIN CELESTIAL (HAIN): Free Stock Analysis Report

To read this article on Zacks.com click here.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Stocks

Referenced Stocks: HAIN , HPP

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

What to Wear to a Wedding
What to Wear to a Wedding           
4th of July Outfits
4th of July Outfits                 

Stocks

Referenced

Most Active by Volume

62,287,287
  • $17.03 ▼ 1.10%
26,194,993
  • $30.555 ▲ 1.24%
26,150,957
  • $126.44 ▼ 0.13%
25,197,634
  • $40.59 ▼ 6.26%
25,192,083
  • $19.07 ▲ 1.54%
24,563,617
  • $26.78 ▲ 0.45%
24,474,256
  • $5.85 ▲ 1.56%
24,111,132
  • $8.83 ▲ 2.08%
As of 7/2/2015, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com