Hormel Foods Stock Analysis

HRL Stock  USD 30.48  0.17  0.55%   
Hormel Foods is undervalued with Real Value of 33.2 and Target Price of 34.43. The main objective of Hormel Foods stock analysis is to determine its intrinsic value, which is an estimate of what Hormel Foods is worth, separate from its market price. There are two main types of Hormel Foods' stock analysis: fundamental analysis and technical analysis.
The Hormel Foods stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
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 closely tied 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.

Hormel Stock Analysis Notes

About 89.0% of the company shares are owned by institutional investors. The book value of Hormel Foods was currently reported as 14.39. The company has Price/Earnings To Growth (PEG) ratio of 2.96. Hormel Foods last dividend was issued on the 15th of July 2024. The entity had 2:1 split on the 10th of February 2016. Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota. Hormel Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 20000 people. To learn more about Hormel Foods call the company at 507 437 5611 or check out https://www.hormelfoods.com.

Hormel Foods Quarterly Total Revenue

2.89 Billion

Hormel Foods Investment Alerts

Hormel Foods generated a negative expected return over the last 90 days
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 May 2024 Hormel Foods paid $ 0.2825 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Applegate Farms, LLC Announces 50,000 Support to FoodCorps

Hormel Foods Upcoming and Recent Events

7th of March 2024
Upcoming Quarterly Report
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6th of June 2024
Next Financial Report
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31st of January 2024
Next Fiscal Quarter End
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4th of December 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
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31st of October 2023
Last Financial Announcement
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Hormel Largest EPS Surprises

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.
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 
View All Earnings Estimates

Hormel Foods Environmental, Social, and Governance (ESG) Scores

Hormel Foods' ESG score is a quantitative measure that evaluates Hormel Foods' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Hormel Foods' operations that may have significant financial implications and affect Hormel Foods' stock price as well as guide investors towards more socially responsible investments.

Hormel Foods Thematic Classifications

In addition to having Hormel Foods stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Corona Opportunity Idea
Corona Opportunity
Coronavirus related entities to consider during and after the outbreak
Food Products Idea
Food Products
USA Equities from Food Products industry as classified by Fama & French

Hormel Stock Institutional Investors

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 Corp2024-03-31
2.9 M
Northern Trust Corp2024-03-31
2.8 M
Millennium Management Llc2024-03-31
2.7 M
First Trust Advisors L.p.2024-03-31
2.5 M
Dimensional Fund Advisors, Inc.2024-03-31
2.4 M
Gates Bill & Melinda Foundation2024-03-31
2.2 M
Legal & General Group Plc2024-03-31
2.1 M
Goldman Sachs Group Inc2024-03-31
M
Norges Bank2023-12-31
1.9 M
Vanguard Group Inc2024-03-31
34.8 M
Blackrock Inc2024-03-31
26.6 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 Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 16.85 B.

Hormel Profitablity

The company has Net Profit Margin of 0.06 %, 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.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.15  0.10 
Return On Capital Employed 0.10  0.20 
Return On Assets 0.07  0.07 
Return On Equity 0.13  0.12 

Management Efficiency

Hormel Foods has Return on Asset of 0.0476 % which means that on every $100 spent on assets, it made $0.0476 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0983 %, implying that it generated $0.0983 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 
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
0.0371
Operating Margin
0.0903
Profit Margin
0.0637
Forward Dividend Yield
0.0371
Beta
0.247

Technical Drivers

As of the 18th of June 2024, Hormel Foods retains the Market Risk Adjusted Performance of 0.1698, downside deviation of 2.54, and Risk Adjusted Performance of 0.0293. 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. 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 30.48 per share. Given that Hormel Foods has jensen alpha of 0.0566, 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 Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hormel Foods middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hormel Foods. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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 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.

Hormel Foods Predictive Daily 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

F3
13th of June 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
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F4
4th of June 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
30th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
23rd of May 2024
Other Reports
ViewVerify
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
F4
2nd 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
F4
1st 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

Hormel Foods Forecast Models

Hormel Foods' time-series forecasting models are one of many Hormel Foods' stock analysis techniques aimed at predicting 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.

About Hormel Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Hormel Foods prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hormel shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hormel Foods. By using and applying Hormel Stock analysis, traders can create a robust methodology for identifying Hormel entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.10  0.06 
Operating Profit Margin 0.10  0.06 
Net Profit Margin 0.08  0.04 
Gross Profit Margin 0.17  0.24 

Current Hormel Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hormel analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hormel analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
34.43Hold12Odds
Hormel Foods current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hormel analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hormel stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hormel Foods, talking to its executives and customers, or listening to Hormel conference calls.
Hormel Analyst Advice Details

Hormel Stock Analysis Indicators

Hormel Foods stock analysis indicators help investors evaluate how Hormel Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Hormel Foods shares will generate the highest return on investment. By understating and applying Hormel Foods stock analysis, traders can identify Hormel Foods position entry and exit signals to maximize returns.
Begin Period Cash Flow982.1 M
Long Term Debt2.4 B
Common Stock Shares Outstanding549 M
Total Stockholder Equity7.7 B
Total Cashflows From Investing Activities-689.5 M
Tax Provision220.6 M
Quarterly Earnings Growth Y O Y-0.145
Property Plant And Equipment Net2.2 B
Cash And Short Term Investments753.2 M
Cash736.5 M
Accounts Payable771.4 M
Net Debt2.6 B
50 Day M A34.0058
Total Current Liabilities2.3 B
Other Operating Expenses11.1 B
Non Current Assets Total10.2 B
Forward Price Earnings21.1864
Non Currrent Assets Other370.3 M
Stock Based Compensation24.1 M

Additional Information and Resources on Investing in Hormel Stock

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 closely tied 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Packaged Foods & Meats space 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
(0.14)
Dividend Share
1.115
Earnings Share
1.4
Revenue Per Share
22.024
Quarterly Revenue Growth
(0.03)
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.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different 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.