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How to buy Hormel Foods Corporation (HRL) stocks
Learn how to easily invest in Hormel Foods Corporation stocks.
Hormel Foods Corporation is a packaged foods business based in the US. Hormel Foods Corporation stocks (HRL.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $41.96 – a decrease of 1.61% over the previous week. Hormel Foods Corporation employs 20,000 staff and has a trailing 12-month revenue of around $12.4 billion.
How to buy Hormel Foods Corporation stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – HRL. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Hormel Foods Corporation?
- Has coronavirus impacted Hormel Foods Corporation shares?
- Hormel Foods Corporation shares summary
- Compare share dealing platforms
- Is Hormel Foods Corporation stock a buy or sell?
- Hormel Foods Corporation performance over time
- Is Hormel Foods Corporation suitable for ethical investing?
- Are Hormel Foods Corporation shares over-valued?
- Hormel Foods Corporation's financials
- How volatile are Hormel Foods Corporation shares?
- Does Hormel Foods Corporation pay a dividend?
- Have Hormel Foods Corporation shares ever split?
- Other common questions
Hormel Foods Corporation stock price (NYSE:HRL)Use our graph to track the performance of HRL stocks over time.
Hormel Foods Corporation shares at a glance
|Latest market close||$38.47|
|52-week range||$37.52 - $50.74|
|50-day moving average||$39.70|
|200-day moving average||$44.58|
|Wall St. target price||$43.41|
|Dividend yield||$1.055 (2.83%)|
|Earnings per share (TTM)||$1.78|
Buy Hormel Foods Corporation stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Hormel Foods Corporation stock?
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.
Hormel Foods Corporation price performance over time
Historical closes compared with the close of $38.47 from 2023-05-26
|1 week (2023-05-22)||-1.08%|
|1 month (2023-04-28)||-4.87%|
|3 months (2023-02-27)||-14.13%|
|6 months (2022-11-30)||-18.15%|
|1 year (2022-05-26)||-20.55%|
|2 years (2021-05-28)||-20.75%|
|3 years (2020-05-29)||48.83|
|5 years (2018-05-30)||3.50%|
Is Hormel Foods Corporation stock undervalued or overvalued?
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 P/E ratio
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 21x. In other words, Hormel Foods Corporation shares trade at around 21x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Hormel Foods Corporation's PEG ratio
Hormel Foods Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.3345. 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
Hormel Foods Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.5 billion.
The EBITDA is a measure of a Hormel Foods Corporation's overall financial performance and is widely used to measure a its profitability.
Hormel Foods Corporation financials
|Revenue TTM||$12.4 billion|
|Operating margin TTM||10.07%|
|Gross profit TTM||$2.2 billion|
|Return on assets TTM||5.97%|
|Return on equity TTM||13.28%|
|Market capitalisation||$20.9 billion|
TTM: trailing 12 months
Hormel Foods Corporation's environmental, social and governance track record
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.
Hormel Foods Corporation's total ESG risk score
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 01/01/2019) 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.).
Hormel Foods Corporation's environmental score
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.
Hormel Foods Corporation's social score
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.
Hormel Foods Corporation's governance score
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.
Hormel Foods Corporation's controversy score
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.
Hormel Foods Corporation share dividends
Dividend payout ratio: 59.78% of net profits
Recently Hormel Foods Corporation has paid out, on average, around 59.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.83% 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 2.83% return on their shares, in the form of dividend payments. In Hormel Foods Corporation's case, that would currently equate to about $1.055 per share.
Hormel Foods Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Hormel Foods Corporation's most recent dividend payout was on 15 May 2023. The latest dividend was paid out to all shareholders who bought their shares by 14 July 2023 (the "ex-dividend date").
Have Hormel Foods Corporation's shares ever split?
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.
Hormel Foods Corporation share price volatility
Over the last 12 months, Hormel Foods Corporation's shares have ranged in value from as little as $37.5163 up to $50.7439. 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 0.1633. This would suggest that Hormel Foods Corporation's shares are less volatile than average (for this exchange).
Hormel Foods Corporation overview
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, 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 provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo.
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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