Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Hormel Foods (HRL)
NYSE:HRL
Hormel Foods (HRL) Stock Price & Analysis
1,838 Followers
HRL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$28.28 - $40.68
Previous Close$30.43
Volume1.79M
Average Volume (3M)2.49M
Market Cap
$16.68B
Enterprise Value$19.00B
Total Cash (Recent Filing)$1.51B
Total Debt (Recent Filing)$3.81B
Price to Earnings (P/E)21.8
Beta0.41
Next Earnings
Aug 29, 2024EPS Estimate
$0.36Next Dividend Ex-Date
Jul 15, 2024Dividend Yield3.66%
Share Statistics
EPS (TTM)1.40
Shares Outstanding548,305,384
10 Day Avg. Volume2,247,490
30 Day Avg. Volume2,492,825
Standard Deviation0.06
R-Squared0.05
Alpha-0.00331
Financial Highlights & Ratios
Price to Book (P/B)14.00
Price to Sales (P/S)5.25
Price to Cash Flow (P/CF)17.80
P/FCF Ratio21.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.58
Enterprise Value/Gross Profit9.50
Enterprise Value/Ebitda15.29
Forecast
1Y Price Target
$31.50Price Target Upside3.11% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering6
Hormel Foods News
Bulls Say, Bears Say
Bulls Say
Business SegmentsHormel's core businesses are improving thanks to better innovation and higher ad spending.
EarningsHRL reported adjusted EPS of $0.38, above the Visible Alpha consensus of $0.36, driven by profit upside in all three of its reporting segments.
Financial PerformanceThe company boosted the midpoint of its FY24 EPS guidance by $0.02 to $1.60, marking its first guidance boost for this item since FY18.
Bears Say
Cost And Input PricesHormel's large exposure to pork as an input cost could limit multiple expansion in the near term.
Earnings GuidanceHormel Foods expects adjusted EPS to be down both sequentially and year-on-year in 3Q24.
Sales PerformanceRetail volumes came in at -5.4%, below expectations.
---
Ownership Overview
48.17% Insiders
12.64% Mutual Funds
15.62% Other Institutional Investors
23.57% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
HRL FAQ
What was Hormel Foods’s price range in the past 12 months?
Hormel Foods lowest stock price was $28.28 and its highest was $40.68 in the past 12 months.
What is Hormel Foods’s market cap?
Currently, no data Available
When is Hormel Foods’s upcoming earnings report date?
Hormel Foods’s upcoming earnings report date is Aug 29, 2024 which is in 57 days.
How were Hormel Foods’s earnings last quarter?
Hormel Foods released its earnings results on May 30, 2024. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.356 by $0.024.
Is Hormel Foods overvalued?
According to Wall Street analysts Hormel Foods’s price is currently Undervalued.
Does Hormel Foods pay dividends?
Hormel Foods pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 3.66%. See more information on Hormel Foods dividends here
What is Hormel Foods’s EPS estimate?
Hormel Foods’s EPS estimate is $0.36.
How many shares outstanding does Hormel Foods have?
Hormel Foods has 548,305,360 shares outstanding.
What happened to Hormel Foods’s price movement after its last earnings report?
Hormel Foods reported an EPS of $0.38 in its last earnings report, beating expectations of $0.356. Following the earnings report the stock price went down -9.707%.
Which hedge fund is a major shareholder of Hormel Foods?
Among the largest hedge funds holding Hormel Foods’s share is Mairs & Power Inc. It holds Hormel Foods’s shares valued at 194M.
---
Hormel Foods Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$31.50 (3.11% Upside)
$31.50 (3.11% Upside)
Blogger Sentiment
Bullish
HRL Sentiment 80%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 39.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $616.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 3.1%
Last 30 Days ▲ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.84%
12-Months-Change
Fundamentals
Return on Equity
9.85%
Trailing 12-Months
Asset Growth
6.16%
Trailing 12-Months
Company Description
Hormel Foods
Founded in 1891, Hormel Foods Corp. is a Minnesota-based food company, which produces and markets various meat and food products to retail, food service, deli, and commercial customers. It operates through the following four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other.
---
HRL Company Deck
---
HRL Earnings Call
Q2 2024
0:00 / 0:00
---
HRL Sales Breakdown
70.29% Perishable
29.71% Shelf-stable
---
HRL Stock 12 Month Forecast
Average Price Target
$31.50
▲(3.11% Upside)
Technical Analysis
Best Analysts Covering HRL
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+5.10%
reiterated a sell rating last month
Copying Peter Galbo's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +5.10% per trade.
---