HRL - Hormel Foods Corporation
41.02 -0.24 (-0.58%)
After hours: 5:26PM EDT
| Previous Close | 41.79 |
| Open | 41.78 |
| Bid | 41.41 x 800 |
| Ask | 41.27 x 800 |
| Day's Range | 41.21 - 41.87 |
| 52 Week Range | 35.44 - 46.26 |
| Volume | 1,480,849 |
| Avg. Volume | 2,909,782 |
| Market Cap | 22.026B |
| Beta (3Y Monthly) | -0.09 |
| PE Ratio (TTM) | 22.67 |
| EPS (TTM) | 1.82 |
| Earnings Date | Aug 21, 2019 - Aug 26, 2019 |
| Forward Dividend & Yield | 0.84 (2.01%) |
| Ex-Dividend Date | 2019-07-12 |
| 1y Target Est | 37.70 |
- Simply Wall St.•11 hours ago
Here's What Hormel Foods Corporation's (NYSE:HRL) ROCE Can Tell Us
Today we'll evaluate Hormel Foods Corporation (NYSE:HRL) to determine whether it could have potential as an investment...
- Zacks•9 days ago
Pork and Turkey Market Woes Hurt Hormel Foods' Prospects
Hormel Foods (HRL) hurt by unstable market conditions in the pork and turkey markets. Also, rising input costs are a drag.
- Markit•10 days ago
See what the IHS Markit Score report has to say about Hormel Foods Corp.
Hormel Foods Corp NYSE:HRLView full report here! Summary * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NeutralShort interest is moderate for HRL with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $7.83 billion over the last one-month into ETFs that hold HRL are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- PR Newswire•10 days ago
The Makers of Hormel® Natural Choice® Add Global Inspired Flavors to Snacking Portfolio
AUSTIN, Minn. , July 9, 2019 /PRNewswire/ -- The makers of Hormel ® Natural Choice ® deli meats announced today the addition of two new all-natural* deli meat and cheese snacks to its growing on-the-go ...
- PR Newswire•17 days ago
Celebrity Chefs and Jennie-O Turkey Store Collaborate on New On-Trend Turkey Burger Recipes for Summer Grilling Season
From the Turkey Burger Spring Roll by Award-Winning New York City-based Chef Chris Cheung to the Bacon-Wrapped Turkey Burger with Guacamole and Jalapeño made by TV Personality and Chef Kenneth Temple, ...
- PR Newswire•18 days ago
Hormel Health Labs Debuts a New Coffee Drink for People with Dysphagia
AUSTIN, Minn., July 1, 2019 /PRNewswire/ -- Hormel Health Labs, a leader in health and nutrition products and part of the Hormel Foods Corporation (HRL) family of companies, has introduced new and improved Thick & Easy® Coffee Sticks, bringing the simple pleasure of drinking a cup of coffee to those on a dysphagia diet. Dysphagia is the medical term used to describe difficulty swallowing, and affects millions of people, including 1 in 25 adults. Dysphagia can occur in any age group but is most common in adults.
- Motley Fool•20 days ago
3 Dividend Investing Tips That Could Earn You Thousands
There's more to a dividend than yield, but you need to know what to look at to see the deeper meaning.
- American City Business Journals•21 days ago
Beyond BBQ? Famous Dave's teams with substitute meat-maker
Famous Dave's is partnering with Beyond Meat to test plant-based meat alternatives at restaurants in Minnesota and Colorado. The barbecue chain joins a growing list of big-name companies testing imitation meat products.
- Insider Monkey•26 days ago
Is Hormel Foods Corporation (HRL) A Good Stock To Buy?
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
- Zacks•27 days ago
Why Is Hormel (HRL) Up 5.8% Since Last Earnings Report?
Hormel (HRL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Motley Fool•28 days ago
3 Dividend Aristocrats to Buy and Hold Forever
Like dividends? You'll love these Dividend Aristocrats, each of which has the wherewithal to keep the dividends flowing for a long time to come.
- Reuters•28 days ago
UPDATE 2-Investor LGIM dumps ExxonMobil from its Future World funds
Britain's biggest asset manager has removed ExxonMobil and four more companies from its 5 billion pounds ($6.3 billion) Future World funds, and said it would vote against their chairs for failing to confront the threats posed by climate change. Legal & General Investment Management (LGIM), the fund arm of insurer Legal & General which has 1 trillion pounds under management, has been among the most vocal asset managers on climate risks, and will also divest from Hormel Foods , Korea Electric Power Corp, Kroger and Metlife.
- InvestorPlace•29 days ago
7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits
The other day I saw an article in Forbes by value investor John Dorfman that examined four stocks to buy with little debt and high profitability. The stocks mentioned were National Beverage (NASDAQ:FIZZ), Gentex (NASDAQ:GNTX), Cactus (NYSE:WHD) and Deckers Outdoor (NASDAQ:DECK). Of Dorfman's four picks, I'm familiar with three of them. Cactus is the outlier of the group. It turns out the company makes wellheads and flow control products for the energy industry. InvestorPlace - Stock Market News, Stock Advice & Trading TipsYou learn something new every day in this business.Anyway, I'm always on the lookout for a good story idea, so I thought I'd run with Dorfman's theme and come up with seven S&P 500 stocks to buy that have little debt and lots of profits. * 6 Stocks Ready to Bounce on a Trade Deal To qualify, a company must have a debt-to-equity ratio of 20% or less and a return on equity 15% or higher. S&P 500 Stocks to Buy: Monster Beverage (MNST)Source: Mike Mozart via Flickr (modified)Monster Beverage (NASDAQ:MNST), one of the world's leading makers of energy drinks, has zero debt, $880 million in cash and marketable securities, and a return on equity of 28.6%. After conquering the energy drinks field, Monster is looking to capture a big chunk of the cannabis- and alcoholic-beverage markets. According to the Wall Street Journal, Monster is said to be interested in rolling out hard seltzers, malt beverages, and cannabis beverages once its non-compete (it's precluded from producing non-energy drinks) clause with Coca-Cola (NYSE:KO) ends in 2020. "This move actually makes a lot of sense for the company because Coke is looking more and more like a threat. In April, the brand debuted Coca-Cola Energy in Spain and Hungary, and it already sounds healthier than Monster," Delish reported June 12. Nobody thought Monster would rule the energy drink business, but here it is. I wouldn't bet against CEO and co-founder Rodney Sacks. He knows a thing or two about winning in the beverage biz. Foot Locker (FL)Source: Shutterstock Foot Locker (NYSE:FL), has gotten hammered in the past month, down approximately 25%. Nonetheless, the global retailer of sneakers has a remarkably strong balance sheet with $123 million in long-term debt, cash and cash equivalents of $1.1 billion and a return on equity of 26.9%. How do you lose 25% in a single month?Well, in Foot Locker's case, it missed analysts' first-quarter earnings estimate by eight cents. That's right, the consensus was $1.61, and FL came in at $1.53. On the top line, analysts were expecting sales of $2.11 billion; Foot Locker delivered revenues that were $33 million lower than expected. Hardly a bad earnings result -- comps rose by 4.6% during the quarter, suggesting to me that the long-term goals it has in place will surely be met. * 7 Value Stocks to Buy for the Second Half In the meantime, FL stock gives you a dividend yield of 3.7% and trading at 8.1 times its forward earnings.Can you say value stock? I knew you could. Hormel Foods (HRL)Source: Mike Mozart via Flickr (Modified)It's only appropriate that a pescetarian such as myself recommend a stock like Hormel Foods (NYSE:HRL), the makers of Spam, the most disgusting meat-based product ever created. No matter. The company has a great balance sheet with just $257.1 million in long-term debt, $639.3 million in cash and cash equivalents, and a return on equity of 19.5%.As I said, Spam is a horrible product, but a particular segment of the population seems to love it, and it pays the bills. In the first six months of 2019, Hormel's total segment profit was $615.4 million on $4.7 billion in sales, an operating profit of 13.1%. The meat-based food company is slowly making its way into plant-based foods such as a vegan pizza topping to meet the needs of consumers. While not at the front of the pack, it's working hard behind the scenes to deliver for its customers. "We understand that it is a shiny new toy," CEO Jim Snee said at a food conference in Paris recently. "We get that. It is one of our shiny new toys as well. It is something that is certainly on our minds like it is everyone else, and there is a lot of work happening both in the market and behind the scenes."Perhaps there is life after Spam. SVB Financial (SIVB)Source: Shutterstock SVB Financial (NASDAQ:SIVB) is my favorite American bank because it helps innovators and entrepreneurs around the world build their businesses.The holding company of Silicon Valley Bank has long-term debt of just $696.7 million, cash and cash equivalents of $7.1 billion, $28.9 billion in loans outstanding and a return on equity of 22.1%, which is over 800 basis points higher than JPMorgan (NYSE:JPM). In January, SIVB paid up to $340 million for Boston-based Leerink Partners LLC, an investment bank specializing in the healthcare industry. With all the changes happening in healthcare, owning a business that understands healthcare and life sciences companies, will continue to demonstrate why its a bank built on innovation. * 5 Stocks to Buy for $20 or Less Whenever it drops below $200 over the next few years, investors should buy SIVB stock. You won't regret it. Intuitive Surgical (ISRG)Source: Jon Fingas via Flickr (Modified)In February of this year, Intuitive Surgical (NASDAQ:ISRG), the makers of the da Vinci surgical system, got the green light from the FDA for Ion by Intuitive, a flexible robotic catheter that helps physicians reach "nodules in any airway segment within the lung."If you've owned ISRG stock, you're likely delighted by the news because it takes this goose beyond its golden egg. While I don't believe Intuitive is anywhere near the saturation point for its da Vinci surgical system, Ion shows it's also not a one-trick pony. That said, being a one-trick pony has made long-term shareholders very wealthy. CEO Gary Guthart owns 701,824 shares of ISRG that are worth a cool $374 million. That could buy a bunch of its surgical systems. ISRG stock hasn't done much so far in 2019, up just 13.2% year to date, but that's okay. It's got a great balance sheet with no debt, cash and marketable securities of $2.8 billion, and a return on equity of 17.9%. Long-term, I don't think you can go wrong with ISRG. A.O. Smith (AOS)Source: Nvdongen via Wikimedia (Modified)The last three years have not been kind to A.O. Smith (NYSE:AOS), the Wisconsin-based maker of water heaters, boilers and water treatment and filtration systems for both commercial and residential use. I first became interested in the company in 2012 because of its tankless water heaters. It has been so long that I can't remember exactly why I was interested in tankless water heaters. As I got to know the business, I couldn't help but recommend its stock. In recent years, AOS has significantly underperformed the S&P 500, which is unusual for a company that has delivered an annualized total return of 16.5% over the past 15 years. Unfortunately, to make matters worse, J Capital Research, a short seller intent on driving down AOS stock, made allegations against the company about its Chinese operations that suggested it was inflating sales and profits in China. The company flatly denies the allegations. All I can say is that I've followed the company's progress over the past seven years and I'm going to believe it's worth standing behind this business until proven otherwise. * 7 Top-Rated Biotech Stocks to Invest In Today As of the end of March, A.O. Smith had $277.6 million in long-term debt; $633.3 million in cash and marketable securities; and a return on equity of $20.6%. Ulta Beauty (ULTA)Source: Mike Mozart via FlickrFor almost two years, I wondered when Ulta Beauty (NASDAQ:ULTA) was going to expand to Canada. "For me, the fact that the company hasn't touched the surface when it comes to international expansion like Canada says the company's growth story is very much intact despite the headwinds it might face," I wrote on August 23, 2017. Well, the beauty retailer finally announced May 30 that it was coming to Canada, after studying various countries to figure out where it would launch its international expansion. "International expansion represents an attractive and incremental long-term growth platform, which extends our core capabilities and leverages our value proposition," CEO Mary Dillon said on Ulta's Q1 2019 conference call. "We believe that the Ulta Beauty value proposition is very relevant and differentiated in multiple geographies around the globe and Canada is an attractive and logical place to start."Dillon is one of the best retail executives in the U.S. I'm sure she will do what's best for shareholders and figure out the right pace for opening stores in Canada. Although Sephora and Shoppers Drug Mart provide competition, Ulta's in-store experience combined with top-notch online sales provides a loyal customer base that spends more.With $521.8 million in cash and marketable securities, no debt, and a return on equity of 40.9%, ULTA shareholders can look forward to more growth when it hits Canada in late 2020 or early 2021. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits appeared first on InvestorPlace.
- Yahoo Finance•last month
Beyond Meat short sellers still lining up to bet against the stock despite massive losses
Despite high costs, short sellers continue to line up to bet against plant-based meat company Beyond Meat and that could trigger another rally.
- Simply Wall St.•last month
Do Hormel Foods's (NYSE:HRL) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
- Zacks•last month
New Strong Sell Stocks for June 14th
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
- MarketWatch•last month
The trade war is making U.S. pork producers squeal
With China’s hog inventory depleted due to African swine fever, the demand for imported pork is up, which would be a good thing for U.S. meat companies except the U.S.-China trade war is getting in the way, says CFRA.
- American City Business Journals•last month
Hormel is prepping a plant-protein pizza topping
The meatless-meat market is growing fast, and Hormel Foods Corp. wants a slice. The Austin, Minn.-based food company, still best-known for Spam and other meat products, is developing a vegan pizza topping and other plant-protein products, according to the Star Tribune. The paper cites comments from Hormel CEO Jim Snee, who disclosed the meatless plans at the 2019 dbAccess Global Consumer Conference in Paris.
- Thomson Reuters StreetEvents•last month
Edited Transcript of HRL earnings conference call or presentation 23-May-19 1:00pm GMT
Q2 2019 Hormel Foods Corp Earnings Call
- Zacks•last month
Buy Plant-Based Burger Maker Beyond Meat After BYND Stock Soars Following Q1 Earnings?
Let's look at the firm's quarterly results, outlook, and the larger picture to see if now is the time to buy Beyond Meat (BYND) stock.
- Zacks•last month
Hormel Foods Struggles With Pork Market Worries & Turkey Unit
Challenges related to Jennie-O Turkey segment, soft pork exports and input cost inflation are weighing on Hormel Foods Corporation (HRL).
- Zacks•last month
New Strong Sell Stocks for June 6th
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.
- PR Newswire•last month
Hormel Foods to Webcast Presentation at the dbAccess Global Consumer Conference
AUSTIN, Minn. , June 5, 2019 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) invites you to listen live as Jim Snee , chairman of the board, president and chief executive officer, and Tom Day , executive ...
