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Hormel Foods Corporation (HRL)

NYSE
Currency in USD
32.47
-0.39(-1.19%)
Closed
After Hours
32.470.00(0.00%)
HRL Scorecard
Full Analysis
Has raised its dividend for 32 consecutive years
Fair Value
Day's Range
32.4433.05
52 wk Range
28.5136.86
Key Statistics
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Prev. Close
32.86
Open
32.98
Day's Range
32.44-33.05
52 wk Range
28.51-36.86
Volume
2.15M
Average Volume (3m)
2.29M
1-Year Change
3.47%
Book Value / Share
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Fair Value
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Fair Value Upside
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HRL Scorecardpro icon
Company’s Health
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Fair Value
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Upsidepro lock
Price Target
32.15
Downside
-0.99%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings downwards for the upcoming period
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Hormel Foods Corporation Company Profile

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, bacons, sausages, hams, and guacamoles; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI’S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN’S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN’S, LA VICTORIA, LAYOUT, LLOYD’S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER’S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands 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.

Employees
20000

Hormel Foods Corporation SWOT Analysis


Financial Resilience
Hormel Foods shows adaptability with adjusted EPS estimates for FY24 at $1.61, demonstrating growth potential despite market challenges
Operational Efficiency
Delve into Hormel's ambitious $250 million operating profit improvement target by FY26, driven by supply chain enhancements and productivity initiatives
Market Dynamics
Explore how falling feed costs and potential turkey price increases could reshape Hormel's profitability across various segments
Analyst Perspectives
Average price target ranges from $35-$37, reflecting cautious optimism about Hormel's ability to navigate industry headwinds and capitalize on opportunities
Read full SWOT analysis
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Hormel Foods Corporation Earnings Call Summary for Q3/2024

  • Hormel Foods narrows FY2024 earnings guidance amid mixed Q3 results; retail brands outperform categories
  • Foodservice segment shows 5th consecutive quarter of above-industry growth; International segment recovers
  • Challenges persist in turkey market and Planters production; net sales guidance adjusted due to market conditions
  • Company expects $250M EBIT improvement by 2026; Q4 retail sales projected down mid-single digits
  • Comprehensive update on transform and modernize initiatives to be provided in Q4 earnings call
Last Updated: 2024-09-04, 04:32 p/m
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Compare HRL to Peers and Sector

Metrics to compare
HRL
Peers
Sector
Relationship
P/E Ratio
22.1x11.8x11.4x
PEG Ratio
17.170.530.03
Price/Book
2.2x1.7x1.5x
Price / LTM Sales
1.5x1.1x0.9x
Upside (Analyst Target)
−0.7%13.1%17.5%
Fair Value Upside
Unlock6.1%8.0%Unlock

Analysts' Recommendations

1 Buy
9 Hold
2 Sell
Ratings:
10 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 32.15

(-1.00% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.47
Dividend Yield
3.57%
Industry Median 3.36%
Annualized payout
1.1600
Paid quarterly
5-Years Growth
+6.11%
Growth Streak

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FAQ

What Is the Hormel Foods (HRL) Stock Price Today?

The Hormel Foods stock price today is 32.47

What Stock Exchange Does Hormel Foods Trade On?

Hormel Foods is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Hormel Foods?

The stock symbol for Hormel Foods is "HRL."

Does Hormel Foods Pay Dividends? What’s The Current Dividend Yield?

The Hormel Foods dividend yield is 3.57%.

What Is the Hormel Foods Market Cap?

As of today, Hormel Foods market cap is 17.83B.

What is Hormel Foods Earnings Per Share?

The Hormel Foods EPS is 1.47.

What Is the Next Hormel Foods Earnings Date?

Hormel Foods will release its next earnings report on Feb 27, 2025.

From a Technical Analysis Perspective, Is HRL a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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