HRL - Hormel Foods Corporation

NYSE - NYSE Delayed Price. Currency in USD
36.31
+0.16 (+0.44%)
At close: 4:02PM EDT
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Previous Close36.15
Open36.19
Bid0.00 x 0
Ask0.00 x 0
Day's Range35.93 - 36.46
52 Week Range29.75 - 38.00
Volume2,219,880
Avg. Volume2,961,830
Market Cap19.227B
Beta-0.04
PE Ratio (TTM)21.47
EPS (TTM)1.69
Earnings DateMay 23, 2018 - May 29, 2018
Forward Dividend & Yield0.75 (2.12%)
Ex-Dividend Date2018-04-13
1y Target Est34.62
Trade prices are not sourced from all markets
  • American City Business Journals20 hours ago

    Hormel may step into $600M contest for Chinese condiment company Jiahao

    Hormel Foods Corp. is considering a bid for Jiahao Foods, a Chinese maker of wasabi, soy sauce and other Asian condiments, in a deal that could be worth $600 million.

  • Bloombergyesterday

    Hormel Mulls Bid for $600 Million Chinese Wasabi Maker

    Hormel Foods Corp., the maker of Spam canned meat and Skippy peanut butter, is among suitors studying potential bids for Chinese condiment producer Jiahao Foods, people with knowledge of the matter said. Chinese buyout firm Citic Capital is also weighing an offer for Jiahao ahead of the Friday deadline for first-round bids, said one of the people, who asked not to be identified because the information is private. The sale of the Zhongshan-based company, one of the first wasabi producers in China, has separately drawn interest from Hony Capital, the people said.

  • 3 Great Stocks for Low-Risk Investors
    Motley Fool10 days ago

    3 Great Stocks for Low-Risk Investors

    If stock market gyrations keep you up at night, consider these three stocks with ultra-low volatility and solid businesses.

  • Moody's11 days ago

    Moody's: Smaller US pork operators will bear the brunt of potential Chinese pork tariffs

    China's proposed tariffs on US pork exports would reduce demand from China and cause pork supply to back up in the US market, leading to depressed local prices, Moody's Investors Service says in a new ...

  • What Are Analysts Recommending for Hormel Foods Stock?
    Market Realist14 days ago

    What Are Analysts Recommending for Hormel Foods Stock?

    Most analysts who are providing recommendations on Hormel Foods (HRL) have maintained “hold” ratings on the stock. As of April 6, 2018, of the 14 analysts covering the stock, 36% have recommended “buys,” 57% have recommended “holds,” and the remaining 7.0% have recommended “sells.”

  • Assessing Hormel Foods from a Valuation Perspective
    Market Realist14 days ago

    Assessing Hormel Foods from a Valuation Perspective

    On April 6, 2018, Hormel Foods (HRL) was trading at a 12-month forward PE (price-to-earnings ratio) of 18.6x. Following its fiscal 1Q18 results, the company’s valuation multiple has hardly changed.

  • Insights into Hormel Foods’ Bottom Line Performance
    Market Realist15 days ago

    Insights into Hormel Foods’ Bottom Line Performance

    Over the last year, Hormel Foods (HRL) has beaten the consensus estimate for adjusted EPS (earnings per share) in one quarter, fallen in line with the estimate in one quarter, and missed the estimate in the remaining quarters.

  • How Do Hormel Foods’ Margin Numbers Stack Up?
    Market Realist15 days ago

    How Do Hormel Foods’ Margin Numbers Stack Up?

    Hormel Foods (HRL) continues to face increases in the cost of goods sold while its sales growth remains muted.

  • What’s Wrong with Hormel Foods’ Jennie-O Turkey Segment?
    Market Realist16 days ago

    What’s Wrong with Hormel Foods’ Jennie-O Turkey Segment?

    Hormel Foods’ (HRL) Jennie-O Turkey Store segment continued to see trouble in fiscal 1Q18. The segment’s sales in fiscal 1Q18 fell 7.2% to $390.6 million as higher sales of Jennie-O lean ground turkey and Jennie-O oven-ready turkey were nullified by reduced whole bird sales. The segment contributed 17% to Hormel Foods’ total sales in the quarter.

  • Here's Why Hormel Foods is a Solid Pick for Your Portfolio
    Zacks16 days ago

    Here's Why Hormel Foods is a Solid Pick for Your Portfolio

    Hormel Foods' (HRL) stock is a promising investment bet, as the company is poised to benefit from healthy growth drivers.

  • How Have Hormel Foods’ Segments Been Performing?
    Market Realist16 days ago

    How Have Hormel Foods’ Segments Been Performing?

    In fiscal 1Q18, Hormel Foods (HRL) reported strong performances in three segments: Grocery Products, Refrigerated Foods, and International & Other. In fiscal 1Q18, the Refrigerated Foods segment’s sales rose 4.8% to $1.2 billion compared to fiscal 1Q17 driven by the acquisition of Columbus Crafts and Fontanini. Its higher organic sales (up 4%) were driven by Applegate natural and organic products, Hormel Bacon 1 fully cooked bacon, Hormel pizza toppings, and Hormel Fire Braised meats.

  • A Look at Hormel Foods’ Top Line Trends
    Market Realist16 days ago

    A Look at Hormel Foods’ Top Line Trends

    Hormel Foods (HRL) has beaten analysts’ estimates for sales in just two of its last five reported quarters, and it’s missed estimates in the remaining quarters.

  • Hormel Foods Considers Deli Business a Lucrative Growth Option
    Market Realist17 days ago

    Hormel Foods Considers Deli Business a Lucrative Growth Option

    Hormel Foods (HRL) is looking for growth in a challenging food and beverage environment, and it’s expecting the deli business to be a growth driver. On Hormel’s fiscal 1Q18 earnings conference call, CEO Jim Snee stated that the company’s deli business was growing four times faster than its total food business despite its own set of challenges (keeping up with changing customer preferences, finding labor, and dealing with the shrink). Given that consumers are now looking for quick and quality food options while grocery shopping, deli service is becoming an indispensable part of grocery stores.

  • Hormel Foods’ Road Map for Future Growth
    Market Realist17 days ago

    Hormel Foods’ Road Map for Future Growth

    Hormel Foods (HRL) has established a road map to boost its financial performance in a challenging food and beverage environment. The food and beverage space is being negatively impacted by inflation in commodity prices, a consumer preference shift to organic and healthy foods, and the rise of private label products. Increasing costs and stiffening competition are weighing on the bottom lines of major food retailers, including Hormel Foods, Conagra Brands (CAG), and the Campbell Soup Company (CPB).

  • Why Hormel Foods’ Stock Price Has Fallen 4% in 2018
    Market Realist17 days ago

    Why Hormel Foods’ Stock Price Has Fallen 4% in 2018

    Hormel Foods (HRL), one of the leading names in the meat production and packaged foods industry, has seen its stock price fall 4% on a YTD (year-to-date) basis as of April 6, 2018.

  • Why buy Hormel products? The company's cultural anthropologist wants to know
    American City Business Journals17 days ago

    Why buy Hormel products? The company's cultural anthropologist wants to know

    Tanya Rodriguez's job is to understand consumers and why they make the choices they do.

  • The Zacks Analyst Blog Highlights: Archer Daniels, Tyson Foods, Hormel, Campbell and Brown-Forman
    Zacks18 days ago

    The Zacks Analyst Blog Highlights: Archer Daniels, Tyson Foods, Hormel, Campbell and Brown-Forman

    The Zacks Analyst Blog Highlights: Archer Daniels, Tyson Foods, Hormel, Campbell and Brown-Forman

  • Applegate Farms, LLC Announces Appointment Of New President, Leadership Changes
    PR Newswire18 days ago

    Applegate Farms, LLC Announces Appointment Of New President, Leadership Changes

    BRIDGEWATER, N.J., April 9, 2018 /PRNewswire/ -- Applegate®, the nation's leading natural and organic meat brand, announced that John Ghingo will assume the position of president, and the company's Senior Director of Mission, Gina Asoudegan, will be elevated to vice president of mission and innovation strategy. Applegate Farms, LLC (Applegate) is a stand-alone subsidiary of Hormel Foods Corporation (HRL). Most recently Ghingo was the president of plant-based foods and beverages at The WhiteWave Company. Asoudegan has been with Applegate since 2006 and will report to Ghingo.

  • Why Hormel Foods Corp. Wouldn't Be a George Soros Stock
    Motley Fool19 days ago

    Why Hormel Foods Corp. Wouldn't Be a George Soros Stock

    We regular investors can make lots of money from a long-haul grind that would put Soros to sleep.

  • Can Consumer Staples Stocks Brave US-China Tensions?
    Zacks21 days ago

    Can Consumer Staples Stocks Brave US-China Tensions?

    U.S. stock markets remain volatile amid fears of a potential trade war with China. Let's see how the leading consumer staples stocks react to the raised tariffs.

  • Hormel Foods Honors 90 Suppliers with Spirit of Excellence Award
    PR Newswire21 days ago

    Hormel Foods Honors 90 Suppliers with Spirit of Excellence Award

    AUSTIN, Minn. , April 6, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) recently awarded 90 suppliers with a 2017 Spirit of Excellence Award for their roles in the company's continuous improvement ...

  • The Makers of Hormel® Natural Choice® Deli Meats Announce New National Ad Featuring Comedic Actress Judy Greer
    PR Newswire22 days ago

    The Makers of Hormel® Natural Choice® Deli Meats Announce New National Ad Featuring Comedic Actress Judy Greer

    AUSTIN, Minn. , April 5, 2018 /PRNewswire/ -- The makers of Hormel ® Natural Choice ® deli meats announced today the extension of its Make the Natural Choice ® advertising campaign featuring actress Judy ...

  • ACCESSWIRE22 days ago

    Today’s Research Reports on Stocks to Watch: Hormel Foods and Coca Cola

    NEW YORK, NY / ACCESSWIRE / April 5, 2018 / Shares of Coca Cola and Hormel Foods were little affected by China imposing tariffs on many U.S. goods. Both shares closed higher in the green on Wednesday. ...

  • ACCESSWIRE22 days ago

    Free Research Report as Hormel Foods’ Quarterly Earnings Surged 27.27%

    LONDON, UK / ACCESSWIRE / April 05, 2018 / Active-Investors.com has just released a free earnings report on Hormel Foods Corp. (NYSE: HRL ). If you want access to this report all you need to do is sign ...