Market Cool On The Hain Celestial Group, Inc.'s (NASDAQ:HAIN) Revenues Pushing Shares 29% Lower
Market Cool On The Hain Celestial Group, Inc.'s (NASDAQ:HAIN) Revenues Pushing Shares 29% Lower
To the annoyance of some shareholders, The Hain Celestial Group, Inc. (NASDAQ:HAIN) shares are down a considerable 29% in the last month, which continues a horrid run for the company. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 66% loss during that time.
Since its price has dipped substantially, when close to half the companies operating in the United States' Food industry have price-to-sales ratios (or "P/S") above 0.9x, you may consider Hain Celestial Group as an enticing stock to check out with its 0.3x P/S ratio. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the reduced P/S.
How Has Hain Celestial Group Performed Recently?
While the industry has experienced revenue growth lately, Hain Celestial Group's revenue has gone into reverse gear, which is not great. It seems that many are expecting the poor revenue performance to persist, which has repressed the P/S ratio. So while you could say the stock is cheap, investors will be looking for improvement before they see it as good value.
Keen to find out how analysts think Hain Celestial Group's future stacks up against the industry? In that case, our free report is a great place to start.What Are Revenue Growth Metrics Telling Us About The Low P/S?
Hain Celestial Group's P/S ratio would be typical for a company that's only expected to deliver limited growth, and importantly, perform worse than the industry.
Taking a look back first, the company's revenue growth last year wasn't something to get excited about as it posted a disappointing decline of 3.8%. This means it has also seen a slide in revenue over the longer-term as revenue is down 15% in total over the last three years. Therefore, it's fair to say the revenue growth recently has been undesirable for the company.
Turning to the outlook, the next three years should generate growth of 3.1% per year as estimated by the twelve analysts watching the company. Meanwhile, the rest of the industry is forecast to expand by 2.8% per annum, which is not materially different.
With this in consideration, we find it intriguing that Hain Celestial Group's P/S is lagging behind its industry peers. Apparently some shareholders are doubtful of the forecasts and have been accepting lower selling prices.
What We Can Learn From Hain Celestial Group's P/S?
Hain Celestial Group's recently weak share price has pulled its P/S back below other Food companies. Typically, we'd caution against reading too much into price-to-sales ratios when settling on investment decisions, though it can reveal plenty about what other market participants think about the company.
We've seen that Hain Celestial Group currently trades on a lower than expected P/S since its forecast growth is in line with the wider industry. The low P/S could be an indication that the revenue growth estimates are being questioned by the market. At least the risk of a price drop looks to be subdued, but investors seem to think future revenue could see some volatility.
Before you take the next step, you should know about the 1 warning sign for Hain Celestial Group that we have uncovered.
If companies with solid past earnings growth is up your alley, you may wish to see this free collection of other companies with strong earnings growth and low P/E ratios.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
令一些股東煩惱的是,Hain Celestial Group, Inc.(納斯達克股票代碼:HAIN)的股價在上個月下跌了29%,這延續了該公司的糟糕表現。對於股東來說,最近的下跌結束了災難性的十二個月,在此期間,股東虧損了66%。
由於其價格已大幅下跌,當近一半在美國食品行業運營的公司的市銷率(或 “市銷率”)高於0.9倍時,您可以將Hain Celestial Group視爲具有0.3倍市銷率的誘人股票。但是,我們需要更深入地挖掘以確定降低市銷率是否有合理的依據。
Hain Celestial Group 最近表現如何?
儘管該行業最近經歷了收入增長,但Hain Celestial集團的收入卻倒退了,這並不理想。看來許多人預計糟糕的收入表現將持續下去,這抑制了市銷率。因此,儘管你可以說股票很便宜,但投資者在將其視爲物有所值之前會尋求改善。
想了解分析師如何看待Hain Celestial Group的未來與該行業的對立嗎?在這種情況下,我們的免費報告是一個很好的起點。收入增長指標告訴我們低市銷率有哪些?
Hain Celestial Group的市銷率對於一家預計增長有限,而且重要的是表現不如行業的公司來說是典型的。
首先回顧一下,該公司去年的收入增長並不令人興奮,因爲它公佈了令人失望的3.8%的跌幅。這意味着從長遠來看,由於總收入在過去三年中下降了15%,其收入也出現了下滑。因此,可以公平地說,最近的收入增長對公司來說是不可取的。
展望來看,根據關注該公司的十二位分析師的估計,未來三年將實現每年3.1%的增長。同時,預計該行業的其他部門每年將增長2.8%,這沒有實質性區別。
考慮到這一點,我們發現有趣的是,Hain Celestial集團的市銷率落後於同行。顯然,一些股東對預測持懷疑態度,並一直在接受較低的銷售價格。
我們可以從 Hain Celestial Group 的市銷率中學到什麼?
Hain Celestial集團最近疲軟的股價使其市銷率回落至其他食品公司的下方。通常,在做出投資決策時,我們謹慎行事,不要過多地考慮市售比率,儘管這可以揭示其他市場參與者對公司的看法。
我們已經看到,Hain Celestial集團目前的市銷率低於預期,因爲其預測的增長與整個行業一致。低市銷率可能表明收入增長預期受到市場的質疑。至少價格下跌的風險似乎已被抑制,但投資者似乎認爲未來的收入可能會出現一些波動。
在你採取下一步行動之前,你應該知道我們發現的海恩天體集團的1個警告信號。
如果過去盈利增長穩健的公司處於困境,那麼你可能希望看到這些盈利增長強勁、市盈率低的其他公司的免費集合。
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。
譯文內容由第三人軟體翻譯。
風險及免責聲明
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能,分享給你的好友吧