On Friday, Hormel Foods Corp (NYSE: HRL) was -0.30% drop from the session before settling in for the closing price of $33.04. A 52-week range for HRL has been $28.51 – $36.86.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 4.95%. When this article was written, the company’s average yearly earnings per share was at 5.33%. With a float of $290.78 million, this company’s outstanding shares have now reached $548.61 million.
Let’s determine the extent of company efficiency that accounts for 20000 employees. In terms of profitability, gross margin is 17.12%, operating margin of 8.95%, and the pretax margin is 8.69%.
Hormel Foods Corp (HRL) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Hormel Foods Corp stocks. The insider ownership of Hormel Foods Corp is 47.02%, while institutional ownership is 40.84%. The most recent insider transaction that took place on Dec 06 ’24, was worth 159,246. In this transaction GROUP VICE PRESIDENT of this company bought 4,904 shares at a rate of $32.47, taking the stock ownership to the 7,100 shares. Before that another transaction happened on Sep 27 ’24, when Company’s GROUP VICE PRESIDENT sold 9,800 for $31.91, making the entire transaction worth $312,689. This insider now owns 30,589 shares in total.
Hormel Foods Corp (HRL) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.41% during the next five years compared to -3.96% drop over the previous five years of trading.
Hormel Foods Corp (NYSE: HRL) Trading Performance Indicators
You can see what Hormel Foods Corp (HRL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51. Likewise, its price to free cash flow for the trailing twelve months is 17.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.47, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.83 in one year’s time.
Technical Analysis of Hormel Foods Corp (HRL)
Looking closely at Hormel Foods Corp (NYSE: HRL), its last 5-days average volume was 2.58 million, which is a drop from its year-to-date volume of 2.6 million. As of the previous 9 days, the stock’s Stochastic %D was 74.21%. Additionally, its Average True Range was 0.64.
During the past 100 days, Hormel Foods Corp’s (HRL) raw stochastic average was set at 81.80%, which indicates a significant increase from 70.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.75% in the past 14 days, which was lower than the 21.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.25, while its 200-day Moving Average is $32.46. However, in the short run, Hormel Foods Corp’s stock first resistance to watch stands at $33.16. Second resistance stands at $33.37. The third major resistance level sits at $33.64. If the price goes on to break the first support level at $32.68, it is likely to go to the next support level at $32.41. Now, if the price goes above the second support level, the third support stands at $32.20.
Hormel Foods Corp (NYSE: HRL) Key Stats
There are 549,013K outstanding shares of the company, which has a market capitalization of 18.03 billion. As of now, sales total 11,921 M while income totals 805,040 K. Its latest quarter income was 3,138 M while its last quarter net income were 220,200 K.
