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Hormel Foods Corporation (HRL)
35.3  0.16 (0.46%)    04-24 11:51
Open: 34.8
High: 35.3
Volume: 414,377
  
Pre. Close: 35.14
Low: 34.61
Market Cap: 19,333(M)
Technical analysis
2024-04-24 11:18:59 AM
Short term     
Mid term     
Targets 6-month :  41.47 1-year :  48.44
Resists First :  35.5 Second :  41.47
Pivot price 34.68
Supports First :  34.4 Second :  33.72
MAs MA(5) :  34.9 MA(20) :  34.74
MA(100) :  32.35 MA(250) :  35.65
MACD MACD :  0.2 Signal :  0.3
%K %D K(14,3) :  79.8 D(3) :  69.8
RSI RSI(14): 59.3
52-week High :  41.72 Low :  28.51
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ HRL ] has closed below upper band by 29.0%. Bollinger Bands are 23.1% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 35.39 - 35.57 35.57 - 35.68
Low: 34.64 - 34.88 34.88 - 35.04
Close: 34.8 - 35.16 35.16 - 35.39
Company Description

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Headline News

Wed, 24 Apr 2024
Hormel Foods Announces Retirement of Jeff Grev, Vice President of Legislative Affairs - PR Newswire

Tue, 23 Apr 2024
Hormel Foods Corp. stock remains steady Tuesday, underperforms market - MarketWatch

Mon, 22 Apr 2024
Hormel Foods Corp. stock rises Monday, outperforms market - MarketWatch

Mon, 22 Apr 2024
Zacks Industry Outlook Highlights Tyson Foods, Hormel Foods and Pilgrim's Pride - Yahoo Finance

Mon, 22 Apr 2024
Hormel Foods (HRL) Q1 Earnings and Revenues Surpass Estimates - Yahoo Movies Canada

Sun, 21 Apr 2024
Hormel Foods Corporation (NYSE:HRL) Shares Could Be 31% Below Their Intrinsic Value Estimate - Simply Wall St

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Outperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Neutral
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Consumer Defensive
Industry:
Packaged Foods
Shares Out 548 (M)
Shares Float 289 (M)
Held by Insiders 0.2 (%)
Held by Institutions 89.2 (%)
Shares Short 10,140 (K)
Shares Short P.Month 9,980 (K)
Stock Financials
EPS 1.45
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 14.31
Profit Margin 6.5 %
Operating Margin 8.9 %
Return on Assets (ttm) 4.9 %
Return on Equity (ttm) 10.2 %
Qtrly Rev. Growth 0.8 %
Gross Profit (p.s.) 0
Sales Per Share 22.16
EBITDA (p.s.) 2.39
Qtrly Earnings Growth 0.4 %
Operating Cash Flow 1,250 (M)
Levered Free Cash Flow 745 (M)
Stock Valuations
PE Ratio 24.21
PEG Ratio 3.2
Price to Book value 2.45
Price to Sales 1.58
Price to Cash Flow 15.38
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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