The latest Insider Trade insight for Hormel Foods Corporation (NYSE:HRL)



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).

Insider Trades:

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.

Upgrades/Downgrades Report:

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.