|Bid||105.00 x 100|
|Ask||108.43 x 200|
|Day's Range||109.23 - 110.47|
|52 Week Range||101.61 - 116.49|
|PE Ratio (TTM)||32.64|
|Earnings Date||Jan 31, 2018 - Feb 7, 2018|
|Forward Dividend & Yield||2.62 (2.40%)|
|1y Target Est||114.06|
On January 10, 2018, Morgan Stanley downgraded Hershey (HSY) stock to “underweight” from “equal weight” with a price target of $105.00 per share. Following the downgrade, Hershey stock fell 2.6% to $110.82.
Chocolatier Hershey will fall in 2018 as people continue to shift toward healthier snacks, according to Morgan Stanley.
MILAN/LONDON/NEW YORK (Reuters) - Food giant Nestle (NESN.N) plans to pick a buyer for its U.S. chocolate business by the end of this week, three sources close to the matter said on Wednesday, in a deal expected to top $2.5 billion (£1.85 billion). One source said Ferrero raised its offer for Nestle's business last week in an attempt to outbid rival Hershey (HSY.N). "(Executive Chairman) Giovanni Ferrero is really committed to the deal, that's why the group sweetened its offer to something in the area of $2.5 billion," the source said.
MILAN/LONDON/NEW YORK, Jan 10 (Reuters) - Food giant Nestle plans to pick a buyer for its U.S. chocolate business by the end of this week, three sources close to the matter said on Wednesday, in a deal expected to top $2.5 billion. One source said Ferrero raised its offer for Nestle's business last week in an attempt to outbid rival Hershey . "(Executive Chairman) Giovanni Ferrero is really committed to the deal, that's why the group sweetened its offer to something in the area of $2.5 billion," the source said.
The downgrade for HSY stock comes from Morgan Stanley analyst Matthew Grainger. Grainger downgraded the stock to “Unerweight” from an “Equal-Weight” rating on concerns about the company’s current peer-leading valuation as being unsustainable. The Morgan Stanley analysts gives a few reasons for why he believes the current valuation of HSY stock is unsustainable.
With healthy snacks still trending, Hershey Co (NYSE: HSY )’s looking bitter. The firm caught its only Sell rating Wednesday and saw a related pullback in value. The Rating Morgan Stanley analyst Matthew ...
Robert Jakobi, a London transplant currently living in Tribeca, is one of them. At 29, Jakobi was recognized by Forbes for his success at Metcalfe Food Co., the maker of Metcalfe Skinny, or, as he puts it, the UK’s version of Skinny Pop. Now at 32, Jakobi has a new focus — bouillon cubes.
The U.S. equity markets welcomed 2018 on a strong note as the Dow broke the historic milestone of 25,000 for the first time, while other leading benchmark indices scaled record highs on solid economic data across the globe. A high ROE ensures that the company is reinvesting its cash at a high rate of return.
Hershey (HSY) is likely to acquire Nestle's U.S. confectionery business, which includes brands such as Butterfinger, Baby Ruth, Sno-Caps and Laffy Taffy, per media reports.
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.
The top gainers in the consumer sector last week were retailers and departmental stores after a MasterCard report stated that there was a 4.9% increase in US holiday sales this year from November through ...
The Zacks Analyst Blog Highlights: Morgan Stanley, Kraft Heinz, Lockheed Martin, Hershey's and Discovery Financial
Yahoo Finance's Yahoo Finance's Seana Smith, Rick Newman, and Dan Roberts discuss why McDonald's revived the 'Dollar Menu' with a catch.
MoneyGram, IBM, McDonald’s and Mars are the companies to watch.