Hershey Company (NYSE: HSY) has a price-to-earnings ratio of 21.87x that is above its average ratio. Additionally, the 36-month beta value for HSY is 0.36. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 12 rating it as “hold,” and 2 rating it as “sell.”
The public float for HSY is 147.19M and currently, short sellers hold a 4.08% ratio of that float. The average trading volume of HSY on September 19, 2024 was 1.49M shares.
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HSY) stock’s latest price update
Hershey Company (NYSE: HSY)’s stock price has decreased by -0.33 compared to its previous closing price of 197.63. However, the company has seen a -0.75% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-09-18 that In the most recent trading session, Hershey (HSY) closed at $197.63, indicating a -0.83% shift from the previous trading day.
HSY’s Market Performance
Hershey Company (HSY) has experienced a -0.75% fall in stock performance for the past week, with a -0.47% drop in the past month, and a 8.23% rise in the past quarter. The volatility ratio for the week is 1.65%, and the volatility levels for the past 30 days are at 1.77% for HSY. The simple moving average for the past 20 days is -0.24% for HSY’s stock, with a 2.17% simple moving average for the past 200 days.
Analysts’ Opinion of HSY
Many brokerage firms have already submitted their reports for HSY stocks, with Citigroup repeating the rating for HSY by listing it as a “Sell.” The predicted price for HSY in the upcoming period, according to Citigroup is $182 based on the research report published on August 27, 2024 of the current year 2024.
Goldman gave a rating of “Sell” to HSY, setting the target price at $185 in the report published on August 12th of the current year.
HSY Trading at 0.57% 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 -7.45% of loss for the given period.
Volatility was left at 1.77%, however, over the last 30 days, the volatility rate increased by 1.65%, as shares sank -0.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.17% upper at present.
During the last 5 trading sessions, HSY fell by -0.67%, which changed the moving average for the period of 200-days by +3.22% in comparison to the 20-day moving average, which settled at $197.43. In addition, Hershey Company saw 5.65% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HSY starting from Voskuil Steven E, who proposed sale 1,000 shares at the price of $197.54 back on Sep 19 ’24. After this action, Voskuil Steven E now owns shares of Hershey Company, valued at $197,540 using the latest closing price.
Buck Michele, the Chairman, President and CEO of Hershey Company, sale 27,203 shares at $200.40 during a trade that took place back on Sep 06 ’24, which means that Buck Michele is holding 164,474 shares at $5,451,558 based on the most recent closing price.
Stock Fundamentals for HSY
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.44 for the gross margin
The net margin for Hershey Company stands at 0.17. The total capital return value is set at 0.29. Equity return is now at value 47.92, with 15.42 for asset returns.
Based on Hershey Company (HSY), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 1.43. The interest coverage ratio of the stock is 15.26.
Currently, EBITDA for the company is 3.12 billion with net debt to EBITDA at 1.86. When we switch over and look at the enterprise to sales, we see a ratio of 4.08. The receivables turnover for the company is 13.01for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
In conclusion, Hershey Company (HSY) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
