Hershey Company (NYSE: HSY) kicked off on Tuesday, down -0.27% from the previous trading day, before settling in for the closing price of $191.12. Over the past 52 weeks, HSY has traded in a range of $178.82-$263.29.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 7.59%. While this was happening, its average annual earnings per share was recorded -0.02%. With a float of $147.14 million, this company’s outstanding shares have now reached $149.78 million.
Let’s determine the extent of company efficiency that accounts for 20505 employees.
Hershey Company (HSY) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Confectioners Industry. The insider ownership of Hershey Company is 27.24%, while institutional ownership is 59.62%. The most recent insider transaction that took place on May 23 ’24, was worth 306,810. In this transaction SVP, Chief Financial Officer of this company sold 1,500 shares at a rate of $204.54, taking the stock ownership to the 37,228 shares. Before that another transaction happened on May 20 ’24, when Company’s President, U.S. Confection sold 2,065 for $207.00, making the entire transaction worth $427,455. This insider now owns 24,310 shares in total.
Hershey Company (HSY) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -0.02% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.98% during the next five years compared to 10.17% growth over the previous five years of trading.
Hershey Company (NYSE: HSY) Trading Performance Indicators
Take a look at Hershey Company’s (HSY) current performance indicators. Last quarter, stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37. Likewise, its price to free cash flow for the trailing twelve months is 29.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.10, a number that is poised to hit 1.46 in the next quarter and is forecasted to reach 9.76 in one year’s time.
Technical Analysis of Hershey Company (HSY)
Looking closely at Hershey Company (NYSE: HSY), its last 5-days average volume was 1.01 million, which is a drop from its year-to-date volume of 1.89 million. As of the previous 9 days, the stock’s Stochastic %D was 34.24%. Additionally, its Average True Range was 4.22.
During the past 100 days, Hershey Company’s (HSY) raw stochastic average was set at 32.31%, which indicates a significant increase from 14.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.68% in the past 14 days, which was lower than the 23.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $195.56, while its 200-day Moving Average is $194.69. However, in the short run, Hershey Company’s stock first resistance to watch stands at $191.88. Second resistance stands at $193.14. The third major resistance level sits at $195.16. If the price goes on to break the first support level at $188.60, it is likely to go to the next support level at $186.58. Should the price break the second support level, the third support level stands at $185.32.
Hershey Company (NYSE: HSY) Key Stats
The company with the Market Capitalisation of 38.55 billion has total of 202,229K Shares Outstanding. Its annual sales at the moment are 11,165 M in contrast with the sum of 1,862 M annual income. Company’s last quarter sales were recorded 3,253 M and last quarter income was 797,450 K.
