Hershey Company (NYSE: HSY) kicked off on Tuesday, up 1.21% from the previous trading day, before settling in for the closing price of $182.45. Over the past 52 weeks, HSY has traded in a range of $178.82-$251.73.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 7.59%. While this was happening, its average annual earnings per share was recorded 0.19%. With a float of $147.13 million, this company’s outstanding shares have now reached $149.78 million.
The extent of productivity of a business whose workforce counts for 20505 workers is very important to gauge.
Hershey Company (HSY) Insider and Institutional Ownership
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 59.92%. The most recent insider transaction that took place on Jun 24 ’24, was worth 274,395. In this transaction SVP, Chief Financial Officer of this company sold 1,500 shares at a rate of $182.93, taking the stock ownership to the 35,728 shares. Before that another transaction happened on May 23 ’24, when Company’s SVP, Chief Financial Officer sold 1,500 for $204.54, making the entire transaction worth $306,810. This insider now owns 37,228 shares in total.
Hershey Company (HSY) Latest Financial update
In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported 2.01 earnings per share (EPS), higher than consensus estimate (set at 1.91) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.19% 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 3.27. Likewise, its price to free cash flow for the trailing twelve months is 28.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.10, a number that is poised to hit 1.44 in the next quarter and is forecasted to reach 9.76 in one year’s time.
Technical Analysis of Hershey Company (HSY)
The latest stats from [Hershey Company, HSY] show that its last 5-days average volume of 2.25 million was superior to 1.89 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 22.60%. Additionally, its Average True Range was 3.80.
During the past 100 days, Hershey Company’s (HSY) raw stochastic average was set at 13.37%, which indicates a significant decrease from 32.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.66% in the past 14 days, which was lower than the 23.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $193.98, while its 200-day Moving Average is $192.69. Now, the first resistance to watch is $185.66. This is followed by the second major resistance level at $186.67. The third major resistance level sits at $188.58. If the price goes on to break the first support level at $182.73, it is likely to go to the next support level at $180.82. The third support level lies at $179.81 if the price breaches the second support level.
Hershey Company (NYSE: HSY) Key Stats
The company with the Market Capitalisation of 37.34 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.
