Hormel Foods Corp. (HRL) average volume reaches $2.23M: Are the Stars Lining Up for Investors?

Hormel Foods Corp. (NYSE: HRL) open the trading on Thursday, with a bit cautious approach as it glided -0.32% to $31.09, before settling in for the price of $31.19 at the close. Taking a more long-term approach, HRL posted a 52-week range of $28.51-$36.86.

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In the past 5-years timespan, the Consumer Defensive sector firm’s annual sales growth was 5.16%. Meanwhile, its Annual Earning per share during the time was -4.93%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.65%. This publicly-traded company’s shares outstanding now amounts to $546.60 million, simultaneously with a float of $290.56 million. The organization now has a market capitalization sitting at $17.05 billion. At the time of writing, stock’s 50-day Moving Average stood at $31.78, while the 200-day Moving Average is $32.33.

Hormel Foods Corp. (HRL) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Packaged Foods industry. Hormel Foods Corp.’s current insider ownership accounts for 47.01%, in contrast to 41.46% institutional ownership. According to the most recent insider trade that took place on Sep 27 ’24, this organization’s GROUP VICE PRESIDENT sold 9,800 shares at the rate of 31.91, making the entire transaction reach 312,689 in total value, affecting insider ownership by 30,589.

Hormel Foods Corp. (HRL) Earnings and Revenue Records

Hormel Foods Corp.’s EPS decrease for this current 12-month fiscal period is -1.65% and is forecasted to reach 1.69 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.62% 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 1.03. The Stock has managed to achieve an average true range (ATR) of 0.52. Alongside those numbers, its PE Ratio stands at $21.84, and its Beta score is 0.25. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.42. Similarly, its price to free cash flow for trailing twelve months is now 18.88.

In the same vein, HRL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.42, a figure that is expected to reach 0.43 in the next quarter, and analysts are predicting that it will be 1.69 at the market close of one year from today.

Technical Analysis of Hormel Foods Corp. (HRL)

[Hormel Foods Corp., HRL] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 18.40% While, its Average True Range was 0.50.

Raw Stochastic average of Hormel Foods Corp. (HRL) in the period of the previous 100 days is set at 47.59%, which indicates a major rise in contrast to 22.49% 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 16.01% that was lower than 20.59% volatility it exhibited in the past 100-days period.