Hormel Foods Corporation (NYSE:HRL) went up by 1.30% from its latest closing price compared to the recent 1-year high of $52.97. The company’s stock price has collected -2.48% of loss in the last five trading sessions. Press Release reported on 09/23/20 that Hormel Foods Introduces Hormel(TM)Black Label(TM) Egg Bites and Hormel(TM)Black Label(TM)Breakfast Combos(TM) Breakfast Items
Is It Worth Investing in Hormel Foods Corporation (NYSE :HRL) Right Now?
Hormel Foods Corporation (NYSE:HRL) scored a price-to-earnings ratio above its average ratio, recording 28.33 x from its present earnings ratio. Plus, the 36-month beta value for HRL is at -0.02. Opinions of the stock are interesting as 1 analysts out of 14 who provided ratings for Hormel Foods Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 10 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $45.90, which is -$2.38 below the current price. HRL currently public float of 281.59M and currently shorts hold a 9.31% ratio of that float. Today, the average trading volume of HRL was 1.60M shares.
HRL’s Market Performance
HRL stocks went down by -2.48% for the week, with a monthly drop of -6.33% and a quarterly performance of -0.80%, while its annual performance rate touched 11.50%. The volatility ratio for the week stands at 2.48% while the volatility levels for the past 30 days are set at 2.02% for Hormel Foods Corporation. The simple moving average for the period of the last 20 days is -3.54% for HRL stocks with a simple moving average of 1.44% for the last 200 days.
Analysts’ Opinion of HRL
Piper Sandler gave a rating of “Neutral” to HRL, setting the target price at $47 in the report published on April 29th of the current year.
HRL Trading at -4.78% from the 50-Day Moving Average
After a stumble in the market that brought HRL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.85% of loss for the given period.
Volatility was left at 2.02%, however, over the last 30 days, the volatility rate increased by 2.48%, as shares sank -5.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.11% lower at present.
During the last 5 trading sessions, HRL fell by -2.48%, which changed the moving average for the period of 200-days by +6.44% in comparison to the 20-day moving average, which settled at $49.92. In addition, Hormel Foods Corporation saw 7.03% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at HRL starting from Marconi Luis G, who sale 8,275 shares at the price of $51.00 back on Sep 09. After this action, Marconi Luis G now owns 24,704 shares of Hormel Foods Corporation, valued at $422,025 using the latest closing price.
Brady Deanna T, the Executive Vice President of Hormel Foods Corporation, sale 52,600 shares at $50.86 during a trade that took place back on Sep 09, which means that Brady Deanna T is holding 40,587 shares at $2,675,010 based on the most recent closing price.
Stock Fundamentals for HRL
Current profitability levels for the company are sitting at:
- +12.32 for the present operating margin
- +19.81 for the gross margin
The net margin for Hormel Foods Corporation stands at +10.31. The total capital return value is set at 18.86, while invested capital returns managed to touch 15.79. Equity return is now at value 15.20, with 10.80 for asset returns.
Based on Hormel Foods Corporation (HRL), the company’s capital structure generated 4.22 points at debt to equity in total, while total debt to capital is 4.05. Total debt to assets is 3.00, with long-term debt to equity ratio resting at 4.22. Finally, the long-term debt to capital ratio is 4.05.
Currently, EBITDA for the company is 305.50M with total debt to EBITDA at 0.19. When we switch over and look at the enterprise to sales, we see a ratio of 2.28, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 15.85 and the total asset turnover is 1.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.14.