$31.56
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 20,000 staff and has a trailing 12-month revenue of around $12 billion.
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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 | $31.01 |
---|---|
52-week range | $28.02 - $38.23 |
50-day moving average | $31.53 |
200-day moving average | $32.39 |
Wall St. target price | $32.78 |
PE ratio | 22.9225 |
Dividend yield | $1.115 (3.51%) |
Earnings per share (TTM) | $1.42 |
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.
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.
Hormel Foods Corporation price performance over time
Historical closes compared with the close of $31.01 from 2024-09-04
1 week (2024-08-29) | -3.67% |
---|---|
1 month (2024-08-05) | -3.40% |
3 months (2024-06-05) | 1.34% |
6 months (2024-03-05) | -8.85% |
1 year (2023-09-05) | -17.64% |
---|---|
2 years (2022-09-01) | N/A |
3 years (2021-09-03) | 42.81 |
5 years (2019-09-05) | 40.8568 |
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 23x. In other words, Hormel Foods Corporation shares trade at around 23x 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 2.6954. 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 $1.3 billion.
The EBITDA is a measure of a Hormel Foods Corporation's overall financial performance and is widely used to measure a its profitability.
Hormel Foods Corporation financials
Revenue TTM | $12 billion |
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Operating margin TTM | 9.03% |
Gross profit TTM | $2 billion |
Return on assets TTM | 4.76% |
Return on equity TTM | 9.83% |
Profit margin | 6.37% |
Book value | $14.39 |
Market Capitalization | $17.8 billion |
TTM: trailing 12 months
Hormel Foods Corporation share dividends
Dividend payout ratio: 69.72% of net profits
Recently Hormel Foods Corporation has paid out, on average, around 69.72% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.51% 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 3.51% return on their shares, in the form of dividend payments. In Hormel Foods Corporation's case, that would currently equate to about $1.115 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 14 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 July 2024 (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 9 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 $28.0216 up to $38.2315. 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 0.238. 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 other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company 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, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST "N EASY, FIRE BRAISED, FONTANINI, HAPPY LITTLE PLANTS, HERDEZ, HORMEL GATHERINGS, HORMEL SQUARE TABLE, HORMEL VITAL CUISINE, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SPECIAL RECIPE, THICK & EASY, VALLEY FRESH, AND WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A.
Frequently asked questions
nullWhat percentage of Hormel Foods Corporation is owned by insiders or institutions?
Currently 0.225% of Hormel Foods Corporation shares are held by insiders and 88.366% by institutions. How many people work for Hormel Foods Corporation?
Latest data suggests 20,000 work at Hormel Foods Corporation. When does the fiscal year end for Hormel Foods Corporation?
Hormel Foods Corporation's fiscal year ends in October. Where is Hormel Foods Corporation based?
Hormel Foods Corporation's address is: 1 Hormel Place, Austin, MN, United States, 55912-3680 What is Hormel Foods Corporation's ISIN number?
Hormel Foods Corporation's international securities identification number is: US4404521001 What is Hormel Foods Corporation's CUSIP number?
Hormel Foods Corporation's Committee on Uniform Securities Identification Procedures number is: 440452100
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