Hormel Foods Corp (NYSE: HRL) kicked off on Monday, down -2.04% from the previous trading day, before settling in for the closing price of $31.85. Over the past 52 weeks, HRL has traded in a range of $28.51-$36.86.
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Annual sales at Consumer Defensive sector company grew by 4.95% over the past five years. While this was happening, its average annual earnings per share was recorded 5.11%. With a float of $290.78 million, this company’s outstanding shares have now reached $548.61 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of Hormel Foods Corp is 47.04%, while institutional ownership is 40.85%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 5.11% 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
Take a look at Hormel Foods Corp’s (HRL) current performance indicators. Last quarter, stock had a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44. Likewise, its price to free cash flow for the trailing twelve months is 17.05.
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)
Hormel Foods Corp (NYSE: HRL) saw its 5-day average volume 1.46 million, a negative change from its year-to-date volume of 2.59 million. As of the previous 9 days, the stock’s Stochastic %D was 17.85%. Additionally, its Average True Range was 0.59.
During the past 100 days, Hormel Foods Corp’s (HRL) raw stochastic average was set at 44.97%, which indicates a significant increase from 3.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.48% in the past 14 days, which was lower than the 21.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.36, while its 200-day Moving Average is $32.35. Nevertheless, the first resistance level for the watch stands at $31.61 in the near term. At $32.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.27. If the price goes on to break the first support level at $30.95, it is likely to go to the next support level at $30.70. The third support level lies at $30.29 if the price breaches the second support level.
Hormel Foods Corp (NYSE: HRL) Key Stats
The company with the Market Capitalisation of 17.22 billion has total of 549,013K Shares Outstanding. Its annual sales at the moment are 11,921 M in contrast with the sum of 805,040 K annual income. Company’s last quarter sales were recorded 3,138 M and last quarter income was 220,200 K.
