Hormel Foods Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 34/96 in the Food & Tobacco industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 28.16.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Hormel Foods Corp's Score
Industry at a Glance
Industry Ranking
34 / 96
Overall Ranking
175 / 4582
Industry
Food & Tobacco
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
11
analysts
Hold
Current Rating
28.159
Target Price
+18.07%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Hormel Foods Corp Highlights
StrengthsRisks
Hormel Foods Corporation is a global-branded food company. The Company develops, processes, and distributes a range of food products in a variety of markets. Its segments include Retail, Foodservice, and International. The Retail segment is primarily engaged in the processing, marketing, and sale of food products sold predominantly in the retail market. This segment also includes the Company’s MegaMex Foods, LLC joint venture. The Foodservice segment consists primarily of the processing, marketing, and sale of food products to foodservice, convenience store, and commercial customers located in the United States. The International segment processes, markets, and sells its products internationally. This segment also includes the results from the Company’s international joint ventures, international equity method investments, and international royalty arrangements. It has a global presence within several major international markets, including Australia, Brazil, Canada, China, and England.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 133.64%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 133.64%.
Overvalued
The company’s latest PE is 27.23, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 501.56M shares, decreasing 0.80% quarter-over-quarter.
Hormel Foods Corporation is a global-branded food company. The Company develops, processes, and distributes a range of food products in a variety of markets. Its segments include Retail, Foodservice, and International. The Retail segment is primarily engaged in the processing, marketing, and sale of food products sold predominantly in the retail market. This segment also includes the Company’s MegaMex Foods, LLC joint venture. The Foodservice segment consists primarily of the processing, marketing, and sale of food products to foodservice, convenience store, and commercial customers located in the United States. The International segment processes, markets, and sells its products internationally. This segment also includes the results from the Company’s international joint ventures, international equity method investments, and international royalty arrangements. It has a global presence within several major international markets, including Australia, Brazil, Canada, China, and England.
Ticker SymbolHRL
CompanyHormel Foods Corp
CEOEttinger (Jeffrey M)
Websitehttps://www.hormelfoods.com/
FAQs
What is the current price of Hormel Foods Corp (HRL)?
The current price of Hormel Foods Corp (HRL) is 23.680.
What is the symbol of Hormel Foods Corp?
The ticker symbol of Hormel Foods Corp is HRL.
What is the 52-week high of Hormel Foods Corp?
The 52-week high of Hormel Foods Corp is 32.070.
What is the 52-week low of Hormel Foods Corp?
The 52-week low of Hormel Foods Corp is 21.030.
What is the market capitalization of Hormel Foods Corp?
The market capitalization of Hormel Foods Corp is 13.03B.
What is the net income of Hormel Foods Corp?
The net income of Hormel Foods Corp is 478.20M.
Is Hormel Foods Corp (HRL) currently rated as Buy, Hold, or Sell?
According to analysts, Hormel Foods Corp (HRL) has an overall rating of Hold, with a price target of 28.159.
What is the Earnings Per Share (EPS TTM) of Hormel Foods Corp (HRL)?
The Earnings Per Share (EPS TTM) of Hormel Foods Corp (HRL) is 0.869.