Hain Celestial Stock Fair Value – HAIN CELESTIAL Reports Earnings Results for Q1 FY 2024 (9/30/2023)

🌥️Earnings Overview

On November 7, 2023, Hain Celestial ($NASDAQ:HAIN) reported its fiscal year 2024 first quarter (ending September 30, 2023) earnings results. Total revenue for the quarter was USD 425.0 million, a decrease of 3.3% from the same period a year prior. Net income decreased to USD -10.4 million, a decrease from USD 6.9 million in the same quarter of the previous year.

Stock Price

The stock opened at $11.6 and closed at $11.8, up by 2.1% from its last closing price of $11.6. The increased stock price reflected investors’ positive reactions to the company’s quarterly results. As a result, investors reacted positively to the company’s results and the stock price rose 2.1%. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Hain Celestial. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Hain Celestial. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Hain Celestial. More…

Key Ratios Snapshot

Some of the financial key ratios for Hain Celestial are shown below. More…

Analysis – Hain Celestial Stock Fair Value

GoodWhale has conducted an analysis of HAIN CELESTIAL‘s financials, and concluded that its intrinsic value is around $23.3. This was calculated using our proprietary Valuation Line which takes into account a variety of factors, such as revenue, earnings, cash flow, and growth prospects. Currently, HAIN CELESTIAL’s stock is traded at $11.8, which is undervalued by 49.3%. This presents a potential opportunity for investors to buy the stock at a discounted price and benefit from potential upside in the future. More…

Peers

The four companies mentioned are all in competition with one another. MamaMancini’s Holdings Inc is a close second, followed by Shinozakiya Inc and Twinlab Consolidated Holdings Inc. All four companies are constantly innovating and expanding their product lines in order to gain an edge over the competition.

– MamaMancini’s Holdings Inc ($NASDAQ:MMMB)

MamaMancini’s Holdings Inc is a marketer and producer of slow-cooked, frozen and refrigerated Italian style foods sold under the MamaMancini’s brand. The company offers a range of products, including meatballs, chicken parmesan, lasagna, stuffed peppers, and ravioli. As of 2022, the company had a market cap of 39.95M and a return on equity of -14.63%.

MamaMancini’s Holdings Inc has been facing some challenges in recent years, including a decline in sales and an increase in debt. However, the company remains committed to its mission of providing quality Italian-style food products to its customers.

– Shinozakiya Inc ($TSE:2926)

Shinozakiya Inc is a Japanese company that manufactures and sells a variety of products, including cosmetics, food, and beverages. The company has a market capitalization of 1.32 billion as of 2022 and a return on equity of -2.09%. The company’s products are sold in a variety of countries, including Japan, China, and the United States.

– Twinlab Consolidated Holdings Inc ($OTCPK:TLCC)

Twinlab Consolidated Holdings Inc is a holding company that engages in the manufacture, marketing, and distribution of nutritional supplements. Its products include vitamins, minerals, and herbs. The company was founded in 1968 and is headquartered in Hauppauge, New York.

Summary

Investors looking at HAIN CELESTIAL‘s first quarter of fiscal year 2024 results may be disappointed. Revenues came in at USD 425.0 million, a 3.3% decline from the same period in the prior year. Net income was USD -10.4 million, a decrease from USD 6.9 million in the same quarter of the previous year.

This could be a sign that the company is struggling to adapt to changing market conditions. As such, investors should exercise caution when considering investments in HAIN CELESTIAL.