Hain Celestial Group | HAIN | Long at $1.39Hain Celestial Group $NASDAQ:HAIN. I've had this organic food company on my watchlist for some time as it has dropped massively since 2021. Today, it dropped over 50% post-earnings call after the announcement of weaker sales/earnings and the exit of its CEO (much needed). The company is going to do a "strategic review" of its business moving forward and this is the turn/recognition I've been waiting for entry. Currently, at $1.39, it is highly undervalued - despite the company's challenges (which had a $1.74 billion revenue in 2024). It has moderate debt-to-equity ratio of 0.91x and a moderate growth outlook. It's a perfect acquisition target and divestitures could be beneficial to the upside in the long-term. I do think, however, there is a chance this goes below $1.00 in the near-term. But given the CEO's departure and awareness that the company needs to reinstate investor confidence, there is a good chance this stock may return to fair value again (over $3).
Thus, at $1.39, NASDAQ:HAIN is in a personal buy zone, with a word of caution about price mentioned above. Outlook and targets are into 2027.
Targets:
$1.75
$2.00
$2.50
HAIN trade ideas
HAIN Impressive DayNASDAQ:HAIN tried and failed to close under the 200 EMA 4 times. Now it has broken the upper trend line and MACD has turned positive with today's outside bullish engulfing bar.
I like it for a buy but I am going to wait to see if we get a small inside day tomorrow because a rest day would make the setup even better.
HAIN - Ascending Triangle with price leaning against 20 MAI. Analysis
1. Since beg May the price has been testing resistance area drawn and bouncing back but making HL
2. Once price tests the resistance area, selling pressure should be able to drive to at least to the previous support. Instead, buying pressure is stepping in at increasingly higher levels, suggesting a breakout may be following
3. In addition to the above, price is leaning against the 20 MA almost as if it was trapped
4. Value zone here is either the slopping trendline or the 20 MA
II. Trade
1. Wait for a bullish candle formed at this area to enter the trade or wait for a breakout of the resistance are
2. SL 1 ATR below slopping trendline / 20 MA
3. TP next swing high
4. For a more conservative trade, wait for a breakout and retracement to the resistance area rendered support
Plsd to hear yr comments.
Cheers
Ruben
Hain Celestial - Correction mode over?The food company, with sales of $ 2.8 billion and 7,800 employees, has already passed the correction phase at $ 25.46 and completing the wave E of 4. The complete previous upward movement has been corrected by more than 61.8% and that is a good trend reversal range.
Hain Celestial specializes in the production of organic and natural products and is currently in a restructuring phase. There is market potential in an increasingly conscious population, and after completion of the restructuring, prices of US $ 90-130 should not come as a surprise over the next 5-8 years. For investors with a long-term horizon, therefore, an entry into this stock should be considered. However, the stop loss should be set at $ 20.06 to reduce the risk.
Greetings from Hanover
Stefan Bode
P.S. If you liked it, talk about it and recommend me.
HAIN 5thWaveI am posting this here as so I can revisit it later to see if my prediction is accurate. Please do not trade with this info. Make your own judgment.
I welcome your comments and input though. Please feel free to correct my chart.. Of course, it goes without saying, hindsight is 20/20. I don't need you to tell me that I am wrong a month from now. LOL.
HAIN - Downward channel breakout Long from $32.37 to $41.73HAIN just trying to breaks its downward channel. It has good insider buying. We think it will be a good long if it can break $32.37.
* Trade Criteria *
Date First Found- April 18, 2018
Pattern/Why- Downward channel breakout long
Entry Criteria- $32.37
Exit Criteria- $41.73
Stop Loss Criteria- $29.93
Indicator Notes- Big insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)