The stock of The Hershey Company (NYSE: HSY) has decreased by -0.80 when compared to last closing price of 262.47. Despite this, the company has experienced a -2.42% fall in its stock price over the last five trading sessions. The Wall Street Journal reported on 11/04/22 that Hershey Boosts Guidance After Third-Quarter Sales Rise 13%
Is It Worth Investing in The Hershey Company (NYSE: HSY) Right Now?
The Hershey Company (NYSE: HSY) has a price-to-earnings ratio that is above its average at 31.60x. and a 36-month beta value of 0.32. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 0 as “overweight,” 15 as “hold,” and 1 as “sell.”
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The average price predicted for The Hershey Company (HSY) by analysts is $275.63, which is $14.15 above the current market price. The public float for HSY is 146.48M, and at present, short sellers hold a 2.36% of that float. On May 26, 2023, the average trading volume of HSY was 972.86K shares.
HSY’s Market Performance
The stock of The Hershey Company (HSY) has seen a -2.42% decrease in the past week, with a -0.52% drop in the past month, and a 8.94% gain in the past quarter. The volatility ratio for the week is 1.64%, and the volatility levels for the past 30 days are at 1.42% for HSY. The simple moving average for the last 20 days is -3.94% for HSY stock, with a simple moving average of 9.59% for the last 200 days.
HSY Trading at -0.23% from the 50-Day Moving Average
After a stumble in the market that brought HSY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.96% of loss for the given period.
Volatility was left at 1.42%, however, over the last 30 days, the volatility rate increased by 1.64%, as shares sank -4.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.53% upper at present.
During the last 5 trading sessions, HSY fell by -2.42%, which changed the moving average for the period of 200-days by +14.06% in comparison to the 20-day moving average, which settled at $270.42. In addition, The Hershey Company saw 12.44% 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 HSY starting from Buck Michele, who sale 14,251 shares at the price of $271.00 back on May 15. After this action, Buck Michele now owns 131,751 shares of The Hershey Company, valued at $3,861,978 using the latest closing price.
Reiman Jason, the SVP Chief Supply Chain Officer of The Hershey Company, sale 150 shares at $273.49 during a trade that took place back on May 10, which means that Reiman Jason is holding 15,725 shares at $41,024 based on the most recent closing price.
Stock Fundamentals for HSY
Current profitability levels for the company are sitting at:
- +21.36 for the present operating margin
- +42.75 for the gross margin
The net margin for The Hershey Company stands at +15.79. The total capital return value is set at 26.89, while invested capital returns managed to touch 23.34. Equity return is now at value 53.40, with 15.60 for asset returns.
Based on The Hershey Company (HSY), the company’s capital structure generated 155.11 points at debt to equity in total, while total debt to capital is 60.80. Total debt to assets is 46.74, with long-term debt to equity ratio resting at 110.28. Finally, the long-term debt to capital ratio is 43.23.
When we switch over and look at the enterprise to sales, we see a ratio of 5.43, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 15.07 and the total asset turnover is 0.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.80.
To sum up, The Hershey Company (HSY) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.