|Bid||0.00 x 1000|
|Ask||146.34 x 800|
|Day's Range||146.24 - 148.64|
|52 Week Range||100.80 - 162.20|
|Beta (3Y Monthly)||0.06|
|PE Ratio (TTM)||24.18|
|Forward Dividend & Yield||3.09 (2.07%)|
|1y Target Est||N/A|
The Hershey Company (NYSE:HSY) stock is about to trade ex-dividend in 4 days time. Investors can purchase shares...
Hershey (HSY) gains from SKU rationalization efforts as well as buyouts and innovation. However, rising advertising expenses are a worry.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
The stock market treats more than it tricks on Halloween. Trade three companies poised to cash in on higher levels of candy spending.
Americans will likely spend a staggering $8.8 billion on Halloween candy, costumes, and decorations this year. This should perk up business and in turn these stocks and ETFs.
Moody's Investors Service ("Moody's") today assigned A1 ratings to The Hershey Company's ("Hershey") planned $1 billion senior unsecured notes with tenors of 5, 10, and 30 years. Hershey's A1 credit profile is supported by its stable demand that supports sizeable free cash flows through business cycles, strong brand portfolio and leading position in the U.S. chocolate confectionary market, good liquidity, strong profit margins, and conservative financial policy. The stable outlook reflects our expectation that Hershey will continue to sustain solid operating performance and will restore debt to EBITDA to between 1.5 and 2.0 times in the next year.
BMO Capital Markets analyst Kenneth Zaslow maintained a Market Perform rating on Hershey stock with a price target lifted from $133 to $138. Hershey reported a 1-cent EPS beat in the third quarter at $1.61, along with a stronger-than-expected sales and operating profit, Zaslow said in a Friday note. The earnings report showed that the company's candy, mint and gum retail takeaway accelerated from 2% last quarter to 2.2% as Hershey gained market share, he said.
The company seeks to turn itself from a famous candy producer to a famous snack producer Continue reading...
If you want to know what Hershey can do for Peter Burns’ company, look no further than the Reese’s Peanut Butter Cup. If a store sells snacks of any kind, it’s almost certain to have the chocolate and peanut butter treats. “The alliance with Hershey supplies us with a whole lot more,” Burns said.
Hershey (HSY) delivered earnings and revenue surprises of 0.00% and 0.55%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Hershey Co. reported third-quarter net income of $325.3 million, or $1.54 per share, up from $263.7 million, or $1.25 per share, last year. Adjusted EPS of $1.61 beat the FactSet consensus for $1.60. Sales of $2.13 billion were up from $2.08 billion last year and ahead of the $2.12 billion. For 2019, Hershey expects sales to increase by 2.5% versus previous guidance for a 2% rise, owing to the acquisition of One Brands, a line of nutrition bars. EPS is expected to be in the range of $5.54 to $5.66, and adjusted EPS is forecast to be in the range of $5.68 to $5.74. The FactSet consensus is for sales of $7.95 billion, up from $7.79 billion last year, implying a 2% rise, and EPS of $5.76. Hershey stock slipped 0.5% in Thursday premarket trading, but shares have rallied 39.7% for the year to date. The S&P 500 index has gained nearly 20% for 2019 so far.