Susquehanna sees franchise strength at Hain Celestial

• Susquehanna analyst Pablo Zuanic tackles Hain Celestial (NASDAQ:HAIN) ahead of the company's appearance tomorrow at a trade event in Los Angeles.
• "We continue to see franchise strength. We realize HAIN has a large, sprawling, and fragmented portfolio, but we see franchise strength in at least 3/4 of the portfolio," he observes.
• Zuanic lists monthly IRI scanner data, increased cost savings pace and potential M&A action as catalysts for share price gains. The company is rated at Positive, with a price target of $45.
• Susquehanna 2017 estimates on HAIN: Sales $2.829B, EPS $1.92, EBIT $320M.