Hershey Company (NYSE: HSY) has a price-to-earnings ratio that is above its average at 19.71x. The stock has a 36-month beta value of 0.36. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 3 as “overweight,” 12 as “hold,” and 2 as “sell.”
The public float for HSY is 147.18M, and at present, short sellers hold a 4.21% of that float. On October 31, 2024, the average trading volume of HSY was 1.26M shares.
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HSY) stock’s latest price update
The stock price of Hershey Company (NYSE: HSY) has plunged by -1.40 when compared to previous closing price of 180.02, but the company has seen a -2.46% decline in its stock price over the last five trading sessions. zacks.com reported 2024-10-29 that Hershey (HSY) concluded the recent trading session at $180.02, signifying a -1.55% move from its prior day’s close.
HSY’s Market Performance
Hershey Company (HSY) has experienced a -2.46% fall in stock performance for the past week, with a -7.46% drop in the past month, and a -11.08% drop in the past quarter. The volatility ratio for the week is 1.57%, and the volatility levels for the past 30 days are at 1.50% for HSY. The simple moving average for the last 20 days is -3.98% for HSY stock, with a simple moving average of -7.96% for the last 200 days.
Analysts’ Opinion of HSY
Many brokerage firms have already submitted their reports for HSY stocks, with Redburn Atlantic repeating the rating for HSY by listing it as a “Sell.” The predicted price for HSY in the upcoming period, according to Redburn Atlantic is $165 based on the research report published on October 22, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see HSY reach a price target of $209, previously predicting the price at $226. The rating they have provided for HSY stocks is “Neutral” according to the report published on October 07th, 2024.
Bernstein gave a rating of “Mkt Perform” to HSY, setting the target price at $205 in the report published on October 07th of the current year.
HSY Trading at -7.33% 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 -16.24% of loss for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.57%, as shares sank -8.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.31% lower at present.
During the last 5 trading sessions, HSY fell by -2.46%, which changed the moving average for the period of 200-days by -7.33% in comparison to the 20-day moving average, which settled at $184.86. In addition, Hershey Company saw -4.80% 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 1,000 shares at the price of $185.47 back on Oct 21 ’24. After this action, Voskuil Steven E now owns 31,228 shares of Hershey Company, valued at $185,470 using the latest closing price.
Voskuil Steven E, the Officer of Hershey Company, proposed sale 1,000 shares at $185.47 during a trade that took place back on Oct 21 ’24, which means that Voskuil Steven E is holding shares at $185,470 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 3.74. 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
To sum up, Hershey Company (HSY) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
