Hormel Foods Corp (HRL) concluded trading on Thursday at a closing price of $29.51, with 5.02 million shares of worth about $148.01 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.02% during that period and on April 10, 2025 the price saw a loss of about -0.67%. Currently the company’s common shares owned by public are about 549.79M shares, out of which, 290.07M shares are available for trading.
Stock saw a price change of -6.14% in past 5 days and over the past one month there was a price change of 0.99%. Year-to-date (YTD), HRL shares are showing a performance of -5.93% which decreased to -16.43% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.59 but also hit the highest price of $36.86 during that period. The average intraday trading volume for Hormel Foods Corp shares is 3.24 million.
Hormel Foods Corp (NYSE: HRL) currently have 549.79M outstanding shares and institutions hold larger chunk of about 42.48% of that.
The stock has a current market capitalization of $16.23B and its 3Y-monthly beta is at 0.34. PE ratio of stock for trailing 12 months is 21.42, while it has posted earnings per share of $1.38 in the same period. Its PEG reads 3.29 and has Quick Ratio of 1.31 while making debt-to-equity ratio of 0.36. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HRL, volatility over the week remained 4.26% while standing at 2.52% over the month.
Stock’s fiscal year EPS is expected to rise by 2.01% while it is estimated to increase by 11.78% in next year. EPS is likely to grow at an annualized rate of 6.51% for next 5-years, compared to annual growth of -3.96% 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 Exane BNP Paribas on October 21, 2024 offering an Underperform rating for the stock and assigned a target price of $28 to it. Coverage by Stephens stated Hormel Foods Corp (HRL) stock as an Equal-weight in their note to investors on October 03, 2024, suggesting a price target of $31 for the stock. On August 13, 2024, Citigroup Upgrade their recommendations, while on May 31, 2024, JP Morgan Upgrade their ratings for the stock with a price target of $29. Stock get a Neutral rating from Citigroup on February 01, 2024.
