A new trading day began on Tuesday, with Hershey Company (NYSE: HSY) stock price down -0.65% from the previous day of trading, before settling in for the closing price of $184.67. HSY’s price has ranged from $178.82 to $211.92 over the past 52 weeks.
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Consumer Defensive Sector giant saw their annual sales surged by 7.59% over the last five years. Meanwhile, its annual earnings per share averaged -1.34%. With a float of $147.18 million, this company’s outstanding shares have now reached $149.78 million.
The firm has a total of 20505 workers. Let’s measure their productivity. In terms of profitability, gross margin is 44.47%, operating margin of 22.63%, and the pretax margin is 20.02%.
Hershey Company (HSY) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Confectioners Industry. The insider ownership of Hershey Company is 27.24%, while institutional ownership is 59.33%. The most recent insider transaction that took place on Oct 21 ’24, was worth 185,470. In this transaction SVP, Chief Financial Officer of this company sold 1,000 shares at a rate of $185.47, taking the stock ownership to the 31,228 shares. Before that another transaction happened on Oct 21 ’24, when Company’s Officer proposed sale 1,000 for $185.47, making the entire transaction worth $185,470.
Hershey Company (HSY) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 2.6 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.21% during the next five years compared to 10.17% growth over the previous five years of trading.
Hershey Company (NYSE: HSY) Trading Performance Indicators
Here are Hershey Company’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.48. 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 26.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.01, a number that is poised to hit 2.63 in the next quarter and is forecasted to reach 9.21 in one year’s time.
Technical Analysis of Hershey Company (HSY)
Analysing the last 5-days average volume posted by the [Hershey Company, HSY], we can find that recorded value of 1.07 million was lower than the volume posted last year of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 22.02%. Additionally, its Average True Range was 2.97.
During the past 100 days, Hershey Company’s (HSY) raw stochastic average was set at 8.72%, which indicates a significant increase from 2.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.26% in the past 14 days, which was lower than the 17.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $193.54, while its 200-day Moving Average is $193.16. Now, the first resistance to watch is $184.33. This is followed by the second major resistance level at $185.18. The third major resistance level sits at $185.74. If the price goes on to break the first support level at $182.92, it is likely to go to the next support level at $182.36. Should the price break the second support level, the third support level stands at $181.51.
Hershey Company (NYSE: HSY) Key Stats
With a market capitalization of 37.11 billion, the company has a total of 202,229K Shares Outstanding. Currently, annual sales are 11,165 M while annual income is 1,862 M. The company’s previous quarter sales were 2,074 M while its latest quarter income was 180,890 K.
