HSY - The Hershey Company
| Previous Close | 116.83 |
| Open | 117.09 |
| Bid | 115.00 x 1000 |
| Ask | 130.00 x 800 |
| Day's Range | 115.47 - 117.09 |
| 52 Week Range | 89.10 - 117.22 |
| Volume | 891,224 |
| Avg. Volume | 1,095,646 |
| Market Cap | 24.345B |
| Beta (3Y Monthly) | 0.05 |
| PE Ratio (TTM) | 20.92 |
| EPS (TTM) | 5.58 |
| Earnings Date | Apr 25, 2019 |
| Forward Dividend & Yield | 2.89 (2.52%) |
| Ex-Dividend Date | 2019-02-21 |
| 1y Target Est | 105.07 |
- Market Realist•59 minutes ago
Why Hershey’s First-Quarter Growth Rate Could Stay Low
Why Hershey’s First-Quarter Growth Rate Could Stay LowWhat could limit the growth rate? Hershey (HSY) plans to announce its first-quarter results before the market opens on Thursday, April 25. Analysts’ estimate indicates that Hershey’s
- Zacks•yesterday
Will Hershey (HSY) Q1 Earnings Beat Estimates Amid Cost Woes?
Hershey (HSY) is likely to gain from buyouts in Q1. While the company is battling high freight and logistics costs, strategic pricing and Margin for Growth program should be a breather.
- GlobeNewswire•3 days ago
Reese’s is Freezing Eggs!
HERSHEY, Pa., April 15, 2019 -- Easter is almost here, which means Reese’s Peanut Butter Eggs won’t be around much longer. While it’s no secret that everyone loves these.
- GlobeNewswire•7 days ago
Hershey Nominates New Independent Director for Election to Company Board
The Hershey Company (HSY) today announced that its Board of Directors has nominated Juan R. Perez, Chief Information and Engineering Officer, United Parcel Service, Inc., for election to the Board. The Hershey Board has also nominated the current chairman and all other current members of the Board for re-election. Following the elections, the Hershey Board will be comprised of 12 members, of which 11 will be independent directors. “Juan has deep expertise in supply chain management and logistics, digital technology, innovation, and data analytics as well as broad management leadership experience,” said Charles A. Davis, Chairman of the Board, The Hershey Company.
- Market Realist•10 days ago
Why Credit Suisse Upgraded J.M. Smucker Stock
Why Credit Suisse Upgraded J.M. Smucker StockJ.M. Smucker upgraded to a “neutral” The J.M. Smucker Company (SJM) stock was up ~1.3% in morning trading on April 8 after Credit Suisse upgraded its rating owing to its improved earnings prospects.
Yahoo Finance•10 days agoComplacency is sweeping through the stock market
Investors have gotten too complacent. That's a dangerous place to be.
- Investopedia•15 days ago
6 Stocks Vulnerable To 20% Plunges Amid The Bull Rebound
The stock market's robust 14.7% gain thus far in 2019, as measured by the S&P 500 Index (SPX) at today's open, has lifted a large number of stocks, and many investors forecast more gains as the economy strengthens. Goldman Sachs says, "real GDP growth will rebound to 3.0% in 2Q from the 0.7% pace in 1Q that encompasses the 34-day federal government shutdown," according to the firm's latest US Weekly Kickstart report. Goldman's latest US Quarterly Chartbook report identifies 40 stocks that their analysts expect to fall significantly, with these six topping the list with declines of nearly 20% or more: Juniper Networks Inc. (JNPR), Church & Dwight Co. Inc. (CHD), Clorox Co. (CLX), Realty Income Corp. (O), Ventas Inc. (VTR), and The Hershey Co. (HSY).
- GlobeNewswire•17 days ago
Hershey to Webcast First-Quarter Conference Call
HERSHEY, Pa., April 01, 2019 -- The Hershey Company (NYSE:HSY) announced today that it will release its first-quarter sales and earnings results on Thursday, April 25, 2019,.
Market Realist•20 days agoMondelēz Stock: What Could Limit the Upside?
Five Food Stocks That Have Outperformed Broader Markets(Continued from Prior Part)What drove the stock higher? So far in 2019, Mondelēz (MDLZ) shares have risen 23.3% as of March 21. Mondelēz has outperformed Hershey (HSY) stock, which has risen
- Insider Monkey•20 days ago
Here is What Hedge Funds Think About The Hershey Company (HSY)
Is The Hershey Company (NYSE:HSY) the right investment to pursue these days? Investors who are in the know are buying. The number of long hedge fund positions went up by 4 recently. Our calculations also showed that HSY isn't among the 30 most popular stocks among hedge funds. HSY was in 33 hedge funds' portfolios […]
- InvestorPlace•20 days ago
7 Stocks Still Worth Buying at 52-Week Highs
If you're looking for stocks to buy, a recent stat from Investors Business Daily should provide you with plenty of ammunition. According to IBD, there were 388 stocks and ETFs at 52-week highs as of March 21 compared to just 73 lows. As I write this, on March 26, there are 49 stocks at 52-week highs trading on the NASDAQ and 153 on the NYSE for a total of 202, down from a few days ago, but still well above the 56 new lows on the two exchanges.So, while the ratio of stocks hitting 52-week highs to those hitting 52-week lows has fallen from 5.3 to 3.6, the reality is that 2019 is turning out to be much improved from the 2018 edition of the market. InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo give you an idea of how improved, consider that not one of the 11 sectors in the S&P 500 is down in 2019 through March 25. Seven of the 11 sectors are sporting double-digit returns with the best performance coming from Technology (up 17.8%) and the worst from Healthcare, which is down 4.7% YTD. * 10 Tech Stocks That Transformed Their Business If you want to join the party, here are seven stocks to buy as they hit a 52-week high. Procter & Gamble (PG)Source: Mike Mozart via Flickr (Modified)As I write this March 26, Procter & Gamble (NYSE:PG) has just hit a 52-week high of $103.48. Up 12% year to date and 38% over the past 52 weeks, PG has never traded this high before. Talk about a comeback. It seems like only yesterday that the company was struggling under the weight of too many underperforming brands."Less will be much more," former CEO Alan Lafley told analysts in August 2014. "The objective is growth and much more reliable generation of cash and profit. We're going to be much more agile and adaptable."Analysts applauded the move to shed more than half its brands, opting to go with those generating more than $1 billion in annual revenue. While it took some time to resonate with investors, the company's move led to a 14% increase in free cash flow since 2014. Just as important, it's converting all of its net profits and then some to free cash flow, well above its seven-year average. Investors who bought this time last year are sitting on a handsome profit. Diageo (DEO)Source: Mustafa Khayat Via FlickrAs I write this, Diageo (NYSE:DEO) has hit a 52-week high of $165.53. Up 16% year to date and 26% over the past 52 weeks, DEO is sitting at an all-time high. So, what's happening to move DEO higher?Well, it seems that consumers are moving from beer to premium spirits, the company's biggest strength, and that's delivering revenue and earnings growth. "We are benefiting from consumer trends where people are drinking better and want better brands and experiences," CEO Ivan Menezes told CNBC in January. "People are moving to spirits and cocktails in a bigger way from wine and beer, and people are trading up for more premium brands."Case in point: Diageo's sales in China grew by 20% in the second half of 2018 with particular strength in its scotch and baijiu brands. The economy might be slowing in China, but consumers there are still shelling out for quality spirits. In the first half of 2019, Diageo's sales increased by 5.8%, its operating margin rose by 170 basis points to 35.2%, and free cash flow jumped by 30.8%. * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos Business is strong and likely to stay that way for the remainder of 2019 and into 2020. Starbucks (SBUX)Source: Starbucks Starbucks (NASDAQ:SBUX) hit a 52-week high of $73.19 on March 26. It's up 13% year to date and 31% over the past 52 weeks, SBUX is sitting at an all-time high. I can't remember the first time I recommended Starbucks stock for InvestorPlace readers, but I do know that I gave Howard Schultz and SBUX stock the big thumbs up in July 2013. "It's coming up with new product ideas like its Refreshers line of cold beverages that use coffee innovation to drive revenues and its food business is still in the early stages of development," I wrote at the time. "Yet investors have barely noticed. Despite generating some of the best results in the company's history, its stock has gained just 27% over the past 52 weeks. To me, that spells value."SBUX stock is up 98% since July 2013, an excellent return considering it hit the skids last summer, but has recovered nicely. Last April, I argued that Starbucks would be fine without Howard Schultz holding down an executive position at the company. With China keeping CEO Kevin Johnson very busy -- it's opening a new store there at a blistering pace of one every 15 hours. Whatever the latest issue is that gets investors in a twist, Starbucks always figures out how to cope. That's a trait you want in all your investments. General Mills (GIS)Source: Shutterstock General Mills (NYSE:GIS) hit a 52-week high of $51.93 on March 26. It's up 32% year to date and 20% over the past 52 weeks. GIS is sitting well off its all-time high of $72.77, hit in July 2016. What's worked at General Mills to get its stock on the move? It's a combination of things.First, it helps to hire a CEO who's not afraid to implement change. Jeff Harmening did just that when he was promoted in March 2017 from COO to chief executive, replacing his boss, Ken Powell, who retired after a decade in the top jobSecondly, it doesn't hurt to raise prices to offset higher costs, which keeps earnings moving higher until organic sales reignite. Lastly, and probably most importantly, General Mills' acquisition of Blue Buffalo in 2018 for $8 billion, sent the company on a completely different trajectory, one that investors have bought hook, line, and sinker.Many thought General Mills overpaid. I don't see it that way. Here's what I said about Blue Buffalo recently. "I'm generally not a fan of big acquisitions because they typically don't generate the synergies and savings projected nor do they provide the expected growth, either," I wrote March 19. "However, in the case of General Mills, it had to do something because its cereal business was imploding, losing almost 3% growth in revenue over five years. Investors were avoiding GIS stock as a result." * 3 Top Tech Stocks to Trade Right Now General Mills announced strong Q3 2019 results March 20 beating the consensus estimate on both the top and bottom line. I believe this is only the tip of the iceberg. Hershey (HSY)Source: mhiguera via FlickrSounding like a bit of broken record, Hershey (NYSE:HSY) hit a 52-week high of $113.40 on March 26. It's up 6% year to date and 20% over the past 52 weeks. HSY is sitting just three dollars shy of its all-time high of $116.49, hit in May 2016. Although the stock market is going like gangbusters at the moment, there have been some rumblings recently about a recession taking hold in late 2019. If that were to happen, Hershey's ideally positioned to ride out the storm. In January, Citigroup (NYSE:C) equity strategy analyst Tobias Levkovich published a list of 50 companies whose pricing power he felt would allow them to outperform in a slowing economy. Hershey made the cut. Levkovich didn't indicate how much investors would be willing to pay for Hershey's ability to raise prices in good times and bad, but it certainly can't hurt as a foundation for considering an investment in the Pennsylvania maker of chocolate bars and candy. Two things I like about Hershey. One is CEO Michelle Buck. In 2018, I recommended Buck along with six other female CEOs, whose stocks investors should buy. I continue to recommend Hershey stock because of her leadership. Also, Hershey's board is 45% women, a very high representation compared to other members of the S&P 500. The second reason I like Hershey is it's controlled by the Hershey Trust, ensuring that short-term moves to boost profits at the expense of the Hershey legacy aren't possible. You might not like dual-class share structures, but in instances like this, they're an absolute must. Church & Dwight (CHD)Source: slgckgc via Flickr (Modified) Church & Dwight (NYSE:CHD) hit a 52-week high of $69.54 on March 26. It's up 4% year to date and 46% over the past 52 weeks. CHD is sitting at its all-time high, hit on March 26. I consider Church & Dwight to be the poor cousin of Procter & Gamble. Its brands aren't nearly as flashy as P&G's, most people wouldn't know who either Church or Dwight was and it's a much smaller company making it far less attractive to blue-chip investors. That said, it's one of my favorite stocks of all time. "It buys brands with high margins and market shares, doesn't overpay for them, and then grows them organically through the process mentioned previously, all the while converting free cash flow at a better rate than anyone in the industry," I wrote in April 2016The process I speak of is Church & Dwight's three-point plan: It creates innovative new products and brand extensions, it spends considerable amounts advertising its handful of power brands, and then increases a product's distribution as extensive geographically and by type of market as it possibly can. It's hard work. Very few can do what it does. * 4 Pot Stocks That Could Be Fizzling Out That's why it hasn't had a down year in over a decade. Ulta Beauty (ULTA)Source: Mike Mozart via Flickr Ulta Beauty (NASDAQ:ULTA) hit a 52-week high of $345.63 on March 26. It's up 40% year to date and 65% over the past 52 weeks. ULTA is sitting at its all-time high, hit on March 26. If you're like me and have followed the company's stock for some years, you'll remember the specialty retailer's June 2017 swoon that saw it lose more than a quarter of its value in two months. In August 2017, I recommended investors buy its shares before and after announcing Q2 2017 results, regardless of the direction of its share price. I made that call because of my confidence in the company's growth strategy.Here's how it played out. Ulta shares closed trading August 24, 2017, at $233.71 a share. It announced Q2 2017 revenues and earnings that beat analyst expectations. However, investors didn't like the slowdown in same-store-sales growth, so its shares dropped by 9.1% on the next day's trading. It then spent the next 15 months in a trading range between $200-$300. So, if you bought 100 shares of ULTA stock on August 24, 2017, at the high of $247.30 and 100 shares on August 25, 2017, at the high of $217.80, you'd be up 47% in the 20 months since. I'm not saying this to toot my own horn. Instead, I'm saying it because I believe that the earnings momentum it continues to enjoy is going to carry on into fiscal 2019 and beyond. I live in Canada. There isn't a single Ulta store open here. The last time I looked, Canadians didn't have a problem shopping at Sephora. I doubt they'd have a problem buying at Ulta. Between Canada and e-commerce, the pathway to growth is alive and well.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 4 Pot Stocks That Could Be Fizzling Out * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Compare Brokers The post 7 Stocks Still Worth Buying at 52-Week Highs appeared first on InvestorPlace.
- American City Business Journals•20 days ago
Under activist pressure, Campbell shakes up its board
Campbell Soup Co. has been under activist pressure and on Thursday that yielded a "refreshment" of the company's board of directors.
- GlobeNewswire•29 days ago
Henri the Bulldog Wins the Cadbury “Bunny” Tryouts
The Wilmington, NC Pet Will Be Featured in the Iconic Cadbury Clucking Bunny Commercial HERSHEY, Pa., March 20, 2019 -- The Cadbury brand, one of America’s top Easter brands,.
- GlobeNewswire•last month
Hershey Announces First-Ever “Makers of Good” Teen Summit
The Hershey Company (HSY) today announced its “Makers of Good Teen Summit” on June 20 in New York City. The one-day event will bring together teens from across the country to collaborate and develop strategies for overcoming social isolation in their communities. Loneliness and social isolation among this generation are considered an epidemic with health impacts as severe as those caused by smoking and obesity.
- Market Realist•last month
Mondelēz Stock Looks Expensive
What Could Stall MDLZ, CPB, GIS, and SJM’s UptrendFactors that could limit Mondelēz’s growthMondelēz (MDLZ) stock had risen 18.3% this year as of yesterday. Its base business’s continued strength, driven by balanced pricing and volume
- Market Realist•last month
What Wall Street Recommends for CAG Stock before Q3 Results
Conagra Brands' Q3 of Fiscal 2019: Here’s What to Expect(Continued from Prior Part)Analysts maintain a “buy” rating The majority of Wall Street analysts continue to recommend a “buy” for Conagra Brands (CAG) stock. Despite near-term
- Zacks•last month
B&G Foods Extends Buyback Plan: Can Efforts Revive the Stock?
B&G Foods (BGS) unveils expansion of share repurchase program, which is likely to boost investors' optimism.
- The Wall Street Journal•last month
[$$] Hershey to Aid Cocoa Farmers in West Africa
Co. (HSY) on Wednesday mapped out new commitments as part of a pledge to bolster forest restoration and improve outcomes for cocoa farmers in West Africa. The packaged-food company said it will distribute 900,000 multi-purpose trees to farms in Ghana and Cote d’Ivoire by 2022, distribute more than 2.5 million higher-yielding cocoa seedlings to farmers in the two countries by 2022 and complete satellite mapping of 50,000 farms in the two countries that are part of the company’s supply chain this year. Under its Cocoa For Good program, Hershey said it has implemented programs that meet commitments under the larger Cocoa & Forest Initiative.
- GlobeNewswire•last month
Hershey Announces Action Plans To Protect and Restore Forests in Cocoa Growing Region
In February 2018, Hershey publicly committed to no new deforestation in its cocoa supply chain, effective immediately, and to implementing agroforestry tree planting programs. “Cocoa, the key ingredient in chocolate, is beloved by people around the world,” said Beatrice Moulianitaki, Head of Sustainable Sourcing.
Market Realist•last monthGeneral Mills: Analysts Expect the Stock to Decline
Will Weak Q3 Earnings Drag General Mills Stock Down?(Continued from Prior Part)Analysts’ recommendationsAnalysts have a consensus target price of $45.35 per share on General Mills (GIS) stock, which implies a downside of 3.3% based on its closing
Market Realist•last monthGeneral Mills: What to Expect from Its Q3 Sales
Will Weak Q3 Earnings Drag General Mills Stock Down?(Continued from Prior Part)Analysts’ estimateAnalysts expect General Mills (GIS) to post net sales of $4.2 billion in the third quarter, which implies ~8% growth YoY (year-over-year). Analysts
- Market Realist•last month
Will Weak Q3 Earnings Drag General Mills Stock Down?
Will Weak Q3 Earnings Drag General Mills Stock Down?General MillsGeneral Mills (GIS) is expected to report its third-quarter results on March 20. Analysts expect the company to sustain the momentum in its net sales and record high single-digit
- Markit•last month
See what the IHS Markit Score report has to say about Hershey Co.
Hershey Co NYSE:HSYView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for HSY with fewer than 5% of shares 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. ETFs that hold HSY had net inflows of $3.24 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. HSY credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.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.
