HAIN CELESTIAL: Evercore ISI analysts view company more cautiously after CEO Mark Schiller announces retirement

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Hain Celestial Intrinsic Value – HAIN CELESTIAL ($NASDAQ:HAIN) is a natural and organic food company. Evercore ISI analysts are view The Hain Celestial Group more cautiously after CEO Mark Schiller announced his retirement. The announcement of the CEO transition came on Monday, sending shares of the south by double-digits. The analysts indicated that a call with management to update on the plan post-Schiller did not inspire enough confidence to retain a bullish rating on the stock. The analysts noted that there is a lack of clarity on succession plan and the company’s strategy going forward. They are also concerned about potential near-term execution risk as the company goes through this transition. As a result, they have downgraded the stock to Hold from Buy. The company has been benefiting from the strong demand for natural and organic foods.

However, with the CEO transition, it remains to be seen if the company can continue to execute well and deliver strong results.

Stock Price

The stock price movement came after the company’s CEO, Mark Schiller, announced his retirement. Evercore ISI analyst David Marcus said in a note to clients that “the company is now without a permanent CEO,” and that the news “adds another layer of uncertainty to an already troubled story.” Other analysts are not as concerned, and believe that Hain Celestial has a strong enough management team to weather this change. Stifel analyst Christopher Growe said in a note to clients that the company has a “deep bench” of executives, and that he is “not overly concerned” about the CEO transition.

The retirement of CEO Mark Schiller adds another element of uncertainty to an already troubled story for Hain Celestial. Some analysts believe that the company has a strong enough management team to weather this change, while others are more cautious. Only time will tell how this transition will affect the company. Live Quote…

About the Company

VI Analysis – Hain Celestial Intrinsic Value

Company fundamentals are important indicators of a company’s long-term potential. The app VI Line makes it easy to analyze a company’s fundamentals. The fair value of a company’s shares is an important factor in determining whether or not to invest in a company. VI Line calculates the fair value of a company’s shares using a variety of factors, including the company’s financials, growth potential, and market conditions. This indicates that HAIN CELESTIAL shares are currently undervalued. More…

VI 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

Investing in HAIN CELESTIAL may be seen as more cautious after CEO Mark Schiller announces retirement. The company is a leading natural and organic food company in North America and Europe. In recent years, it has been investing heavily in acquisitions and new product development. While this has helped to drive growth, it has also led to some concerns about its debt levels.