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Hormel Foods Corporation is a packaged foods business based in the US. Hormel Foods Corporation shares (HRL) are listed on the NYSE and all prices are listed in US Dollars. Hormel Foods Corporation employs 18,700 staff and has a trailing 12-month revenue of around USD$9.7 billion.
Since the stock market crash in March caused by coronavirus, Hormel Foods Corporation's share price has had significant positive movement.
Its last market close was USD$49.02, which is 8.67% up on its pre-crash value of USD$44.77 and 25.66% up on the lowest point reached during the March crash when the shares fell as low as USD$39.01.
If you had bought USD$1,000 worth of Hormel Foods Corporation shares at the start of February 2020, those shares would have been worth USD$891.89 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,033.34.
|Latest market close||USD$49.02|
|52-week range||USD$39.8001 - USD$52.97|
|50-day moving average||USD$49.5906|
|200-day moving average||USD$49.0638|
|Wall St. target price||USD$46.67|
|Dividend yield||USD$0.93 (1.9%)|
|Earnings per share (TTM)||USD$1.7|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-19)||-1.94%|
|1 month (2020-10-27)||-2.02%|
|3 months (2020-08-27)||-4.46%|
|6 months (2020-05-26)||7.19%|
|1 year (2019-11-26)||10.70%|
|2 years (2018-11-26)||7.24%|
|3 years (2017-11-24)||42.46%|
|5 years (2015-11-25)||-33.35%|
Valuing Hormel Foods Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hormel Foods Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Hormel Foods Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 29x. In other words, Hormel Foods Corporation shares trade at around 29x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Hormel Foods Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.3008. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Hormel Foods Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Hormel Foods Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.3 billion.
The EBITDA is a measure of a Hormel Foods Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$9.7 billion|
|Operating margin TTM||11.43%|
|Gross profit TTM||USD$1.9 billion|
|Return on assets TTM||7.89%|
|Return on equity TTM||15.28%|
|Market capitalisation||USD$26.4 billion|
TTM: trailing 12 months
There are currently 25.4 million Hormel Foods Corporation shares held short by investors – that's known as Hormel Foods Corporation's "short interest". This figure is 2.9% down from 26.2 million last month.
There are a few different ways that this level of interest in shorting Hormel Foods Corporation shares can be evaluated.
Hormel Foods Corporation's "short interest ratio" (SIR) is the quantity of Hormel Foods Corporation shares currently shorted divided by the average quantity of Hormel Foods Corporation shares traded daily (recently around 1.6 million). Hormel Foods Corporation's SIR currently stands at 15.67. In other words for every 100,000 Hormel Foods Corporation shares traded daily on the market, roughly 15670 shares are currently held short.
However Hormel Foods Corporation's short interest can also be evaluated against the total number of Hormel Foods Corporation shares, or, against the total number of tradable Hormel Foods Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hormel Foods Corporation's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Hormel Foods Corporation shares in existence, roughly 50 shares are currently held short) or 0.0904% of the tradable shares (for every 100,000 tradable Hormel Foods Corporation shares, roughly 90 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Hormel Foods Corporation.
Find out more about how you can short Hormel Foods Corporation stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Hormel Foods Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 27
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Hormel Foods Corporation's overall score of 27 (as at 10/01/2020) is pretty good – landing it in it in the 39th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Hormel Foods Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 12.54/100
Hormel Foods Corporation's environmental score of 12.54 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Hormel Foods Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 12.16/100
Hormel Foods Corporation's social score of 12.16 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Hormel Foods Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 5.29/100
Hormel Foods Corporation's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Hormel Foods Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Hormel Foods Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Hormel Foods Corporation has, for the most part, managed to keep its nose clean.
|Total ESG score||27|
|Total ESG percentile||38.84|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
|Level of controversy||2|
Dividend payout ratio: 44.71% of net profits
Recently Hormel Foods Corporation has paid out, on average, around 44.71% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Hormel Foods Corporation shareholders could enjoy a 1.9% return on their shares, in the form of dividend payments. In Hormel Foods Corporation's case, that would currently equate to about $0.93 per share.
While Hormel Foods Corporation's payout ratio might seem fairly standard, it's worth remembering that Hormel Foods Corporation may be investing much of the rest of its net profits in future growth.
Hormel Foods Corporation's most recent dividend payout was on 16 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 16 October 2020 (the "ex-dividend date").
Hormel Foods Corporation's shares were split on a 2:1 basis on 10 February 2016. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Hormel Foods Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Hormel Foods Corporation shares which in turn could have impacted Hormel Foods Corporation's share price.
Over the last 12 months, Hormel Foods Corporation's shares have ranged in value from as little as $39.8001 up to $52.97. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Hormel Foods Corporation's is -0.0154. This would suggest that Hormel Foods Corporation's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Hormel Foods Corporation has bucked the trend.
Hormel Foods Corporation produces and markets various meat and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It offers various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products, such as canned luncheon meats, peanut butters, chilies, shelf-stable microwaveable meals, hashes, stews, meat spreads, flour and corn tortillas, salsas, tortilla chips, and other products. The company also provides turkey products; nutritional food products and supplements; dessert and drink mixes; and industrial gelatin products. It sells its products under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Wholly, Hormel, Black Label, Columbus, etc. brand names through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
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