Hershey Company (HSY) concluded trading on Wednesday at a closing price of $177.87, with 4.59 million shares of worth about $816.58 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.33% during that period and on December 04, 2024 the price saw a loss of about -0.90%. Currently the company’s common shares owned by public are about 147.73M shares, out of which, 147.26M shares are available for trading.
Stock saw a price change of 2.64% in past 5 days and over the past one month there was a price change of -0.63%. Year-to-date (YTD), HSY shares are showing a performance of -4.60% which decreased to -6.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $168.16 but also hit the highest price of $211.92 during that period. The average intraday trading volume for Hershey Company shares is 1.50 million. The stock is currently trading 1.12% above its 20-day simple moving average (SMA20), while that difference is down -2.08% for SMA50 and it goes to -6.78% lower than SMA200.
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Hershey Company (NYSE: HSY) currently have 147.73M outstanding shares and institutions hold larger chunk of about 62.08% of that.
The stock has a current market capitalization of $35.99B and its 3Y-monthly beta is at 0.37. PE ratio of stock for trailing 12 months is 20.49, while it has posted earnings per share of $8.68 in the same period. It has Quick Ratio of 0.54 while making debt-to-equity ratio of 1.34. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HSY, volatility over the week remained 2.96% while standing at 2.58% over the month.
Stock’s fiscal year EPS is expected to drop by -5.34% while it is estimated to decrease by -9.59% in next year. EPS is likely to shrink at an annualized rate of -4.70% for next 5-years, compared to annual growth of 10.17% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Redburn Atlantic on October 22, 2024 offering a Sell rating for the stock and assigned a target price of $165 to it. Coverage by UBS stated Hershey Company (HSY) stock as a Neutral in their note to investors on October 07, 2024, suggesting a price target of $209 for the stock. On October 07, 2024, Bernstein Downgrade their recommendations, while on September 26, 2024, Jefferies Downgrade their ratings for the stock with a price target of $163. Stock get a Sell rating from Citigroup on August 27, 2024.
