Hershey Company (NYSE: HSY) has a higher price-to-earnings ratio of 18.29x compared to its average ratio, The 36-month beta value for HSY is at 0.35. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 12 as “hold,” and 2 as “sell.”
The public float for HSY is 147.13M, and currently, shorts hold a 2.77% of that float. The average trading volume for HSY on July 03, 2024 was 1.73M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
HSY) stock’s latest price update
The stock price of Hershey Company (NYSE: HSY) has jumped by 1.21 compared to previous close of 182.45. Despite this, the company has seen a fall of -0.68% in its stock price over the last five trading days. seekingalpha.com reported 2024-07-01 that Hershey Co. controls approximately 100 different brands and an estimated 36% of the domestic chocolate market. The company continues to spend on marketing to protect existing brands, as well as invest in R&D. It has also used this commanding lead to bolster other areas of the business and broaden out into complementary salty snacks. Hershey has already increased its dividend for 15 consecutive years. The 10-year dividend growth rate is 9.4%, which is already pretty strong, but there’s actually been an acceleration in dividend growth of late.
HSY’s Market Performance
Hershey Company (HSY) has experienced a -0.68% fall in stock performance for the past week, with a -6.66% drop in the past month, and a -7.93% drop in the past quarter. The volatility ratio for the week is 1.55%, and the volatility levels for the past 30 days are at 2.11% for HSY. The simple moving average for the last 20 days is -1.93% for HSY’s stock, with a simple moving average of -4.24% for the last 200 days.
Analysts’ Opinion of HSY
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see HSY reach a price target of $208. The rating they have provided for HSY stocks is “Neutral” according to the report published on March 26th, 2024.
Morgan Stanley gave a rating of “Underweight” to HSY, setting the target price at $183 in the report published on February 12th of the current year.
HSY Trading at -4.81% 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 -26.65% of loss for the given period.
Volatility was left at 2.11%, however, over the last 30 days, the volatility rate increased by 1.55%, as shares sank -5.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.20% lower at present.
During the last 5 trading sessions, HSY fell by -0.68%, which changed the moving average for the period of 200-days by -12.81% in comparison to the 20-day moving average, which settled at $187.70. In addition, Hershey Company saw -0.96% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HSY starting from Voskuil Steven E, who sale 1,500 shares at the price of $182.93 back on Jun 24 ’24. After this action, Voskuil Steven E now owns 35,728 shares of Hershey Company, valued at $274,395 using the latest closing price.
Voskuil Steven E, the SVP, Chief Financial Officer of Hershey Company, sale 1,500 shares at $204.54 during a trade that took place back on May 23 ’24, which means that Voskuil Steven E is holding 37,228 shares at $306,810 based on the most recent closing price.
Stock Fundamentals for HSY
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.45 for the gross margin
The net margin for Hershey Company stands at 0.18. The total capital return value is set at 0.3. Equity return is now at value 54.77, with 17.63 for asset returns.
Based on Hershey Company (HSY), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.4. The debt to equity ratio resting at 1.3. The interest coverage ratio of the stock is 17.27.
Currently, EBITDA for the company is 3.12 billion with net debt to EBITDA at 1.83. When we switch over and look at the enterprise to sales, we see a ratio of 3.72. The receivables turnover for the company is 9.48for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
In conclusion, Hershey Company (HSY) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
