Hormel Foods Corp. (NYSE: HRL) established initial surge of 0.52% at $34.95, before settling in for the price of $34.77 at the close. Taking a more long-term approach, HRL posted a 52-week range of $28.51-$41.73.
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The company of the Consumer Defensive sector’s yearbook sales growth during the past 5- year span was recorded 5.16%. Meanwhile, its Annual Earning per share during the time was -4.93%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.18%. This publicly-traded company’s shares outstanding now amounts to $546.60 million, simultaneously with a float of $289.77 million. The organization now has a market capitalization sitting at $19.14 billion. At the time of writing, stock’s 50-day Moving Average stood at $32.64, while the 200-day Moving Average is $34.80.
Hormel Foods Corp. (HRL) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Hormel Foods Corp. industry. Hormel Foods Corp.’s current insider ownership accounts for 47.09%, in contrast to 41.86% institutional ownership. According to the most recent insider trade that took place on Apr 02 ’24, this organization’s GROUP VICE PRESIDENT sold 13,800 shares at the rate of 35.50, making the entire transaction reach 489,900 in total value, affecting insider ownership by 28,050. Preceding that transaction, on Apr 02 ’24, Company’s Director sold 4,300 for 35.13, making the whole transaction’s value amount to 151,068. This particular insider is now the holder of 94,583 in total.
Hormel Foods Corp. (HRL) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 1/30/2024, it has been observed that the corporation posted $0.41 earnings per share (EPS) during the time that was better the consensus figure (set at $0.33) by $0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
Hormel Foods Corp.’s EPS decrease for this current 12-month fiscal period is -1.18% and is forecasted to reach 1.68 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.40% through the next 5 years, which can be compared against the -4.93% growth it accomplished over the previous five years trading on the market.
Hormel Foods Corp. (NYSE: HRL) Trading Performance Indicators
Let’s observe the current performance indicators for Hormel Foods Corp. (HRL). It’s Quick Ratio in the last reported quarter now stands at 0.79. The Stock has managed to achieve an average true range (ATR) of 0.60. Alongside those numbers, its PE Ratio stands at $24.12, and its Beta score is 0.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.58. Similarly, its price to free cash flow for trailing twelve months is now 19.78.
In the same vein, HRL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.45, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 1.68 at the market close of one year from today.
Technical Analysis of Hormel Foods Corp. (HRL)
Now, what If we examine the latest scores posted by [Hormel Foods Corp., HRL]. During the last 5-days, its volume was lower the volume of 3.22 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 49.69% While, its Average True Range was 0.57.
Raw Stochastic average of Hormel Foods Corp. (HRL) in the period of the previous 100 days is set at 85.98%, which indicates a major rise in contrast to 59.42% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 15.14% that was lower than 30.79% volatility it exhibited in the past 100-days period.
