HRL - Hormel Foods Corporation
| Previous Close | 36.20 |
| Open | 36.17 |
| Bid | 30.00 x 500 |
| Ask | 0.00 x 0 |
| Day's Range | 35.98 - 36.59 |
| 52 Week Range | 29.75 - 38.00 |
| Volume | 2,748,408 |
| Avg. Volume | 2,948,369 |
| Market Cap | 19.143B |
| Beta | -0.04 |
| PE Ratio (TTM) | 21.38 |
| EPS (TTM) | 1.69 |
| Earnings Date | May 23, 2018 - May 29, 2018 |
| Forward Dividend & Yield | 0.75 (2.12%) |
| Ex-Dividend Date | 2018-04-13 |
| 1y Target Est | 34.62 |
- Bloomberg•8 hours ago
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.
- Motley Fool•10 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's•10 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 ...
Market Realist•13 days agoWhat 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.”
- Market Realist•13 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.
- Market Realist•14 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.
- Market Realist•14 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.
Market Realist•15 days agoWhat’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.
- Zacks•15 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.
Market Realist•15 days agoHow 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.
- Market Realist•15 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.
Market Realist•16 days agoHormel 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.
Market Realist•16 days agoHormel 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).
Market Realist•16 days agoWhy 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.
- American City Business Journals•17 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.
- Zacks•17 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
- PR Newswire•17 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.
- Motley Fool•18 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.
- Zacks•20 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.
- PR Newswire•20 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 ...
- PR Newswire•21 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 ...
- ACCESSWIRE•21 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. ...
- ACCESSWIRE•21 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 ...
- Motley Fool•22 days ago
Why Frontier Communications, Triangle Capital, and Hormel Foods Jumped Today
Find out how these stocks helped pull the market back from a big drop early in the day.
