Hormel Foods Corp (NYSE: HRL) – Not A Clear Buying Opportunity?

Hormel Foods Corp (HRL) concluded trading on Thursday at a closing price of $29.45, with 3.26 million shares of worth about $96.03 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.17% during that period and on May 22, 2025 the price saw a gain of about 0.10%. 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 -2.35% in past 5 days and over the past one month there was a price change of -4.41%. Year-to-date (YTD), HRL shares are showing a performance of -6.12% which decreased to -19.91% 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 $36.06 during that period. The average intraday trading volume for Hormel Foods Corp shares is 3.14 million. The stock is currently trading -0.39% below its 20-day simple moving average (SMA20), while that difference is down -1.52% for SMA50 and it goes to -4.14% lower than SMA200.

Hormel Foods Corp (NYSE: HRL) currently have 549.79M outstanding shares and institutions hold larger chunk of about 42.99% of that.

The stock has a current market capitalization of $16.19B and its 3Y-monthly beta is at 0.32. PE ratio of stock for trailing 12 months is 21.38, while it has posted earnings per share of $1.38 in the same period. Its PEG reads 3.21 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 1.22% while standing at 1.28% over the month.

Stock’s fiscal year EPS is expected to rise by 1.37% while it is estimated to increase by 11.71% in next year. EPS is likely to grow at an annualized rate of 6.65% 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 BofA Securities on April 15, 2025 offering a Neutral rating for the stock and assigned a target price of $35 to it. Coverage by Exane BNP Paribas stated Hormel Foods Corp (HRL) stock as an Underperform in their note to investors on October 21, 2024, suggesting a price target of $28 for the stock. On October 03, 2024, Stephens Resumed their recommendations, while on August 13, 2024, Citigroup Upgrade their ratings for the stock with a price target of $37. Stock get a Neutral rating from JP Morgan on May 31, 2024.

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