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Hormel Foods (GB:0J5Z)
LSE:0J5Z
Hormel Foods (0J5Z) Share Price & Analysis
1 Followers
0J5Z Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$28.29 - $40.62
Previous Close$35.22
Volume1.61K
Average Volume (3M)3.38K
Market Cap
$19.25B
Enterprise Value$21.58B
Total Cash (Recent Filing)$981.92M
Total Debt (Recent Filing)$3.31B
Price to Earnings (P/E)24.3
Beta0.50
Next Earnings
May 23, 2024EPS Estimate
$0.36Last Dividend Ex-Date
Apr 12, 2024Dividend Yield3.15%
Share Statistics
EPS (TTM)1.45
Shares Outstanding547,687,578
10 Day Avg. Volume1,028
30 Day Avg. Volume3,380
Standard Deviation0.05
R-Squared0.03
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)16.60
Price to Sales (P/S)8.56
Price to Cash Flow (P/CF)11.90
P/FCF Ratio13.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.78
Enterprise Value/Gross Profit10.79
Enterprise Value/Ebitda23.65
Forecast
1Y Price Target
$32.40Price Target Upside-8.01% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering6
Hormel Foods News
PremiumMarket News
SPY ETF Update, 4/22/2024 
PremiumMarket News
SPY ETF Update, 4/18/2024 
PremiumMarket News
SPY ETF Update, 4/16/2024 
PremiumMarket News
SPY ETF Update, 4/10/2024 
PremiumCompany Announcements
Hormel Foods Announces Board Member Resignation
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceHRL shares outperformed following results that came in above expectations with no change to prior guidance range.
Operational EfficiencyIncreased turkey production helped overall volume growth as the company lapped avian flu-driven shortfalls from the previous year.
Strategic InitiativesThe company remains confident about potential savings from its transformation and modernization efforts.
Bears Say
Commodity Price ImpactLarger-than-expected declines in turkey commodity prices are expected to create a headwind for earnings in the current fiscal year.
GuidanceManagement left their prior FY2024 EPS guidance range unchanged due to uncertain global consumer demand.
Valuation ConcernsDespite raising the price objective, the analyst maintains an Underperform rating due to concerns over pork input costs and their impact on valuation.
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Options Prices
Currently, No data available
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Ownership Overview
47.90% Insiders
12.43% Mutual Funds
16.17% Other Institutional Investors
23.50% Public Companies and
Individual Investors
0J5Z FAQ
What was Hormel Foods’s price range in the past 12 months?
Hormel Foods lowest share price was $28.29 and its highest was $40.62 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 May 23, 2024 which is in 28 days.
How were Hormel Foods’s earnings last quarter?
Hormel Foods released its earnings results on Feb 29, 2024. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.337 by $0.073.
Is Hormel Foods overvalued?
According to Wall Street analysts Hormel Foods’s price is currently Overvalued.
Does Hormel Foods pay dividends?
Hormel Foods pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 3.15%. 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 547,687,560 shares outstanding.
What happened to Hormel Foods’s price movement after its last earnings report?
Hormel Foods reported an EPS of $0.41 in its last earnings report, beating expectations of $0.337. Following the earnings report the stock price went up 13.79%.
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 175M.
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Hormel Foods Stock Smart Score
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
$32.40 (-8.01% Downside)
$32.40 (-8.01% Downside)
Blogger Sentiment
Bullish
GB:0J5Z Sentiment 85%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 80%
Bearish news 20%
Bearish news 20%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.90%
12-Months-Change
Fundamentals
Return on Equity
10.28%
Trailing 12-Months
Asset Growth
1.73%
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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0J5Z Company Deck
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0J5Z Earnings Call
Q1 2024
0:00 / 0:00
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0J5Z Sales Breakdown
70.29% Perishable
29.71% Shelf-stable
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0J5Z Stock 12 Months Forecast
Average Price Target
$32.40
▼(-8.01% Downside)
Technical Analysis
Best Analysts Covering 0J5Z
1 Year
1 Year Success Rate
4/8 ratings generated profit
1 Year Average Return
+0.66%
reiterated a sell rating 2 months ago
Copying Adam Samuelson's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +0.66% per trade.
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