Hormel Foods Corporation (NYSE:HRL) has a 1 Year Target Estimate of $40.67. The stock traded with the volume of 5.61 Million in the last trading session. Hormel Foods Corporation opened at $35.33 and closed by showing a decrease of -3.47%. The Bid price in the last session was $34.24 x 6000 and the Ask price was $34.25 x 10600. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).
Hormel Foods Corporation has the Market Capitalization of 18.12 Billion. The Stock has its 52-week High of $45.72 and 52-Week Low of $33.7 and it touched its 52-week high on Feb 16, 2016 and 52-Week Low on Jun 24, 2016.
Hormel Foods Corporation reported its last Earnings on Nov 22 BMO where the company reported Actual EPS of $0.45/Share whereas, the Analyst Estimated EPS was $0.46/share. The difference between Actual EPS and Estimated EPS was $-0.01/share. This represented an Earnings Surprise of -2.2%. The company will report its next earnings on Feb 14 – Feb 20 (Est.).
Some analyst provided their insight on Growth Estimates; Hormel Foods Corporation has the Current Quarter Earnings Growth rate of 7%. The Next Quarter growth is expected to be 2.5%. In the past 5 years, the stock has earnings growth rate of 14.54% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 7.79% per annum.
9 number of analysts also provided their insight on Hormel Foods Corporation, where the Average Price Target for the stock is $40.67. They also projected Low Price Target as $38 while High Price Target is set at $50.
A number of analysts rated the stock as well: 1 analysts believe that the stock is a STRONG BUY while 2 reported it as Buy.5 analysts assigned a HOLD rating, 1 said it’s UNDERPERFORM and 0 say that this stock is a SELL.
Hormel Foods Corporation annual Divided is 0.68 while it’s Dividend Yield is 1.99%. The stock has its Price to Earnings (P/E) ratio of 20.87 and Forward Price to Earnings ratio of 19.25. The company has its Price to Sales (P/S) ratio of 1.9 where Price to Book (P/B) ratio of 4.07, Price to Cash Per share (P/C) of 43.65 and Price to Free Cash Flow (P/FCF) has a value of 40.54.
The company has its Return on Assets (ROA) of 14.3 Percent. Return on Equity (ROE) stands at 20.6% and Return on Investment (ROI) displays a value of 19.1%.
The stock is currently trading at Distance from 20-Day simple moving Average of -4.94% whereas, Distance from 50-Day Simple moving average is -7.54 Percent and Distance from 200-Day Simple Moving Average of -9.78 percent.
A look at performance overview of Hormel Foods Corporation depicts that Performance (Week) is -4.52 percent while Performance Month is -11.06%. Quarterly performance shows a value of -10.16% and Half Year Performance value stands at 0.66%. Yearly performance of the stock has the value of -7.93 percent. Hormel Foods Corporation has its YTD performance of -12.08 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).
Many Insiders have done trades inside the company. The latest trade was made on 15 Nov 2016 where General Counsel Shah (Devang) did a transaction type “Sell” in which 3617 shares were traded at a price of $2.8. Another insider trade includes General Counsel Shah (Devang) who also initiated a transaction in which 965 shares were traded on 15 Nov 2016 as “Sell”. On 15 Nov 2016 General Counsel Shah (Devang) traded 1206 shares as “Sell” at $2.8. General Counsel Shah (Devang) Buy 9375 shares on 14 Nov 2016 at the price of $0.
The latest Upgrades/Downgrades was done by Research firm Edward Jones on 24-Aug-16 who Upgrade the stock from Hold to Buy. Other firms have also Upgraded/Downgraded the stock. On 22-Aug-16, Credit Suisse took an action “Upgrade” from Neutral to Outperform. On 5-Apr-16, the stock was Downgrade to Underweight by BB&T Capital Mkts.