Is Hormel Foods Stock a Good Investment?

Hormel Foods Investment Advice

  HRL
To provide specific investment advice or recommendations on Hormel Foods stock, we recommend investors consider the following general factors when evaluating Hormel Foods. This will help you to make an informed decision on whether to include Hormel Foods in one of your diversified portfolios:
  • Examine Hormel Foods' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Hormel Foods' leadership team and their track record. Good management can help Hormel Foods navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Packaged Foods & Meats space and any emerging trends that could impact Hormel Foods' business and its evolving consumer preferences.
  • Compare Hormel Foods' performance and market position to its competitors. Analyze how Hormel Foods is positioned in terms of product offerings, innovation, and market share.
  • Check if Hormel Foods pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Hormel Foods' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Hormel Foods stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Hormel Foods is a good investment.
 
Sell
 
Buy
Strong Sell
Our investment recommendation module can be used to complement Hormel Foods trade recommendations provided by average analyst sentiment. It analyzes the entity's potential to grow using fundamental, technical, data market data available at the time. To make sure Hormel Foods is not overpriced, please check out all Hormel Foods fundamentals, including its cash flow from operations, working capital, and the relationship between the cash per share and number of employees . Given that Hormel Foods has a price to earning of 27.15 X, we strongly advise you to confirm Hormel Foods market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost neglects market trendsDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails

Examine Hormel Foods Stock

Researching Hormel Foods' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 89.0% of the company shares are owned by institutional investors. The book value of Hormel Foods was currently reported as 14.33. The company last dividend was issued on the 12th of April 2024. Hormel Foods had 2:1 split on the 10th of February 2016.
To determine if Hormel Foods is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hormel Foods' research are outlined below:
Hormel Foods has a strong financial position based on the latest SEC filings
Over 89.0% of the company shares are owned by institutional investors
On 15th of February 2024 Hormel Foods paid $ 0.2825 per share dividend to its current shareholders
Latest headline from aol.com: Hormel settles pork price-fixing suits for 11 million

Hormel Foods Quarterly Cash And Short Term Investments

981.92 Million

Hormel Foods uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Hormel Foods. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hormel Foods' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
7th of March 2024
Upcoming Quarterly Report
View
6th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
4th of December 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of October 2023
Last Financial Announcement
View
Earnings surprises can significantly impact Hormel Foods' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Hormel Foods' investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2004-08-19
2004-07-310.090.08-0.0111 
2004-05-20
2004-04-300.080.090.0112 
2003-08-21
2003-07-310.070.06-0.0114 
2003-02-20
2003-01-310.090.08-0.0111 
2001-08-16
2001-07-310.070.06-0.0114 
2001-02-15
2001-01-310.070.080.0114 
2000-08-17
2000-07-310.060.05-0.0116 
2000-05-18
2000-04-300.060.070.0116 

Hormel Foods Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hormel target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Hormel Foods' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   12  Hold
Most Hormel analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Hormel stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Hormel Foods, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Hormel Foods Target Price Projection

Hormel Foods' current and average target prices are 33.77 and 34.43, respectively. The current price of Hormel Foods is the price at which Hormel Foods is currently trading. On the other hand, Hormel Foods' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Hormel Foods Market Quote on 12th of April 2024

Low Price33.77Odds
High Price33.77Odds

33.77

Target Price

Analyst Consensus On Hormel Foods Target Price

Low Estimate31.33Odds
High Estimate38.22Odds

34.43

Historical Lowest Forecast  31.33 Target Price  34.43 Highest Forecast  38.22
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Hormel Foods and the information provided on this page.

Hormel Foods Analyst Ratings

Hormel Foods' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Hormel Foods stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Hormel Foods' financials, market performance, and future outlook by experienced professionals. Hormel Foods' historical ratings below, therefore, can serve as a valuable tool for investors.

Know Hormel Foods' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Hormel Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hormel Foods backward and forwards among themselves. Hormel Foods' institutional investor refers to the entity that pools money to purchase Hormel Foods' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Renaissance Technologies Corp2023-12-31
3.5 M
Northern Trust Corp2023-12-31
2.9 M
Stifel Financial Corp2023-12-31
2.7 M
First Trust Advisors L.p.2023-12-31
2.6 M
Dimensional Fund Advisors, Inc.2023-12-31
2.5 M
Gates Bill & Melinda Foundation2023-09-30
2.2 M
Legal & General Group Plc2023-12-31
2.1 M
Norges Bank2023-12-31
1.9 M
Capital Research & Mgmt Co - Division 32023-12-31
1.9 M
Vanguard Group Inc2023-12-31
34.8 M
Blackrock Inc2023-12-31
27.7 M
Note, although Hormel Foods' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hormel Foods' market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 19.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hormel Foods's market, we take the total number of its shares issued and multiply it by Hormel Foods's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

1.35 Billion

Hormel Foods' profitablity analysis

Hormel Foods' profitability indicators refer to fundamental financial ratios that showcase Hormel Foods' ability to generate income relative to its revenue or operating costs. If, let's say, Hormel Foods is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hormel Foods' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hormel Foods' profitability requires more research than a typical breakdown of Hormel Foods' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.15  0.1 
Return On Capital Employed 0.1  0.20 
Return On Assets 0.07  0.07 
Return On Equity 0.13  0.12 
The company has Net Profit Margin of 0.07 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.09 %, which entails that for every 100 dollars of revenue, it generated $0.09 of operating income.
Determining Hormel Foods' profitability involves analyzing its financial statements and using various financial metrics to determine if Hormel Foods is a good buy. For example, gross profit margin measures Hormel Foods' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hormel Foods' profitability and make more informed investment decisions.
The data published in Hormel Foods' official financial statements usually reflect Hormel Foods' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Hormel Foods. For example, before you start analyzing numbers published by Hormel accountants, it's critical to develop an understanding of what Hormel Foods' liquidity, profitability, and earnings quality are in the context of the Food Products space in which it operates.
Please note, the presentation of Hormel Foods' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hormel Foods' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Hormel Foods' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hormel Foods. Please utilize our Beneish M Score to check the likelihood of Hormel Foods' management manipulating its earnings.

Evaluate Hormel Foods' management efficiency

Hormel Foods has Return on Asset of 0.0491 % which means that on every $100 spent on assets, it made $0.0491 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1027 %, implying that it generated $0.1027 on every 100 dollars invested. Hormel Foods' management efficiency ratios could be used to measure how well Hormel Foods manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hormel Foods' Return On Capital Employed is quite stable compared to the past year. Return On Assets is expected to rise to 0.07 this year, although the value of Return On Tangible Assets will most likely fall to 0.1. At this time, Hormel Foods' Intangibles To Total Assets are quite stable compared to the past year. Debt To Assets is expected to rise to 0.27 this year, although the value of Other Current Assets will most likely fall to about 24.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 12.90  13.54 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 0.43  0.41 
Enterprise Value Over EBITDA 18.56  19.49 
Price Book Value Ratio 3.33  2.30 
Enterprise Value Multiple 18.56  19.49 
Price Fair Value 3.33  2.30 
Enterprise Value2.2 B1.3 B
The analysis of Hormel Foods' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Hormel Foods' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Hormel Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0323
Forward Dividend Yield
0.0323
Forward Dividend Rate
1.13
Beta
0.283

Basic technical analysis of Hormel Stock

As of the 12th of April 2024, Hormel Foods retains the Downside Deviation of 1.66, risk adjusted performance of 0.0499, and Market Risk Adjusted Performance of (0.31). Hormel Foods technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Hormel Foods, which can be compared to its competitors. Please check out Hormel Foods variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Hormel Foods is priced fairly, providing market reflects its last-minute price of 33.77 per share. Given that Hormel Foods has jensen alpha of 0.1872, we strongly advise you to confirm Hormel Foods's regular market performance to make sure the company can sustain itself at a future point.

Hormel Foods' insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hormel Foods insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hormel Foods' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hormel Foods insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Hormel Foods' Outstanding Corporate Bonds

Hormel Foods issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hormel Foods uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hormel bonds can be classified according to their maturity, which is the date when Hormel Foods has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Understand Hormel Foods' technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Hormel Foods' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider Hormel Foods' intraday indicators

Hormel Foods intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hormel Foods stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Hormel Foods Corporate Filings

F4
3rd of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
29th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F3
8th of March 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
7th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
Hormel Foods time-series forecasting models is one of many Hormel Foods' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hormel Foods' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Hormel Stock media impact

Far too much social signal, news, headlines, and media speculation about Hormel Foods that are available to investors today. That information is available publicly through Hormel media outlets and privately through word of mouth or via Hormel internal channels. However, regardless of the origin, that massive amount of Hormel data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Hormel Foods news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Hormel Foods relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Hormel Foods' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Hormel Foods alpha.

Hormel Foods Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Hormel Foods can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Hormel Foods Historical Investor Sentiment

Investor biases related to Hormel Foods' public news can be used to forecast risks associated with an investment in Hormel. The trend in average sentiment can be used to explain how an investor holding Hormel can time the market purely based on public headlines and social activities around Hormel Foods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hormel Foods' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hormel Foods and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Hormel Foods news discussions. The higher the estimate score, the more favorable the investor's outlook on Hormel Foods.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hormel Foods without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hormel Foods Corporate Directors

Hormel Foods corporate directors refer to members of a Hormel Foods board of directors. The board of directors generally takes responsibility for the Hormel Foods' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hormel Foods' board members must vote for the resolution. The Hormel Foods board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gary BhojwaniIndependent DirectorProfile
Bill NewlandsDirectorProfile
Dakota PippinsIndependent DirectorProfile
Susan NestegardIndependent DirectorProfile

How to buy Hormel Stock?

To provide specific investment advice or recommendations on Hormel Foods stock, we recommend investors consider the following general factors when evaluating Hormel Foods. This will help you to make an informed decision on whether to include Hormel Foods in one of your diversified portfolios:
  • Examine Hormel Foods' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Hormel Foods' leadership team and their track record. Good management can help Hormel Foods navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Packaged Foods & Meats space and any emerging trends that could impact Hormel Foods' business and its evolving consumer preferences.
  • Compare Hormel Foods' performance and market position to its competitors. Analyze how Hormel Foods is positioned in terms of product offerings, innovation, and market share.
  • Check if Hormel Foods pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Hormel Foods' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Hormel Foods stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Hormel Foods is a good investment.

Already Invested in Hormel Foods?

The danger of trading Hormel Foods is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hormel Foods is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hormel Foods. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hormel Foods is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Hormel Foods' price analysis, check to measure Hormel Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
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Is Hormel Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.004
Dividend Share
1.108
Earnings Share
1.45
Revenue Per Share
22.203
Quarterly Revenue Growth
0.009
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Hormel Foods' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.