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Hormel Foods (HRL)
NYSE:HRL
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HRL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$28.51 - $36.86
Previous Close$30.39
Volume2.57M
Average Volume (3M)2.22M
Market Cap
$16.66B
Enterprise Value$18.97B
Total Cash (Recent Filing)$561.93M
Total Debt (Recent Filing)$2.86B
Price to Earnings (P/E)21.3
Beta0.27
Next Earnings
Dec 04, 2024EPS Estimate
$0.43Last Dividend Ex-Date
Oct 15, 2024Dividend Yield3.72%
Share Statistics
EPS (TTM)1.42
Shares Outstanding548,363,619
10 Day Avg. Volume2,256,392
30 Day Avg. Volume2,220,026
Standard Deviation0.06
R-Squared0.05
Alpha-0.00398
Financial Highlights & Ratios
Price to Book (P/B)2.12
Price to Sales (P/S)1.39
Price to Cash Flow (P/CF)19.10
P/FCF Ratio27.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.58
Enterprise Value/Gross Profit9.49
Enterprise Value/Ebitda14.73
Forecast
1Y Price Target
$31.00Price Target Upside2.01% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering6
Hormel Foods News
PremiumCompany Announcements
Hormel Foods Welcomes Debbra Schoneman to Board
Bulls Say, Bears Say
Bulls Say
Earnings GrowthClear building blocks for a return to EPS growth in FY25 as the company should lap Planters production issues and ongoing transformation initiatives gather momentum.
Gross Margin ImprovementSupply chain improvements and productivity seem to be driving gross margin and earnings upside for food companies lately.
Valuation OpportunityThe shares trade at a premium to most food stocks; however, they also trade at a wider discount to their historic P/E and EV/EBITDA.
Bears Say
Earnings OutlookThe muted near term earnings outlook conflicts with Hormel Foods' sustained premium valuation, raising concerns about future profitability.
Financial PerformanceHormel Foods missed expectations in sales, volumes, and operating income/margins, leading to a negative impact on financial performance.
Sales GuidanceHormel Foods cut its full-year sales outlook to $11.8-12.1 billion, down from the prior low end of $12.2-12.5 billion, signaling potential challenges ahead.
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Ownership Overview
0.27% Insiders
9.99% Mutual Funds
3.13% Other Institutional Investors
69.28% 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.
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HRL FAQ
What was Hormel Foods’s price range in the past 12 months?
Hormel Foods lowest stock price was $28.51 and its highest was $36.86 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 Dec 04, 2024 which is in 20 days.
How were Hormel Foods’s earnings last quarter?
Hormel Foods released its earnings results on Sep 04, 2024. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.365 by $0.005.
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 3.72%. See more information on Hormel Foods dividends here
What is Hormel Foods’s EPS estimate?
Hormel Foods’s EPS estimate is $0.43.
How many shares outstanding does Hormel Foods have?
Hormel Foods has 548,363,650 shares outstanding.
What happened to Hormel Foods’s price movement after its last earnings report?
Hormel Foods reported an EPS of $0.37 in its last earnings report, beating expectations of $0.365. Following the earnings report the stock price went down -6.425%.
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 155M.
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Hormel Foods Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$31.00 (2.01% Upside)
$31.00 (2.01% Upside)
Blogger Sentiment
Bullish
HRL Sentiment 85%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 691.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.13%
12-Months-Change
Fundamentals
Return on Equity
10.02%
Trailing 12-Months
Asset Growth
-2.33%
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.
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HRL Company Deck
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HRL Earnings Call
Q3 2024
0:00 / 0:00
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HRL Sales Breakdown
70.29% Perishable
29.71% Shelf-stable
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HRL Stock 12 Month Forecast
Average Price Target
$31.00
▲(2.01% Upside)
Technical Analysis
Best Analysts Covering HRL
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+7.62%
reiterated a sell rating 2 months ago
Copying Adam Samuelson's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +7.62% per trade.
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