Hormel/HRL

$33.77

1.19%
-
1D1W1MYTD1YMAX

About Hormel

Hormel Foods Corporation is a global manufacturer and marketer of branded food products. The Company develops, processes, and distributes a range of food products in a variety of markets. The Company operates through three segments: Retail, Foodservice, and International. The Retail segment is primarily engaged in the processing, marketing, and sale of food products sold predominantly in the retail market. This segment also includes the Company’s MegaMex Foods, LLC joint venture. The Foodservice segment is primarily engaged in the processing, marketing, and sale of food and nutritional products for foodservice, convenience store, and commercial customers. The International segment processes, markets, and sells its products internationally. Its products include Hormel Black Label bacon, Columbus charcuterie, Hormel chili, Hormel pepperoni, Applegate breaded chicken, Herdez products, Hormel Square Table entrees, Cafe H sliced meats, Austin Blues sliced meats and Mary Kitchen hash.

Ticker

HRL

Sector

Consumer Non-Cyclicals

Trading on

NYSE

Industry

Fish/Livestock

CEO

James Snee

Employees

20,000

Headquarters

Austin, United States

Hormel Metrics

BasicAdvanced
$18.25B
Market cap
23.03
P/E ratio
$1.45
EPS
0.27
Beta
$1.10
Dividend rate
3.39%
Dividend yield

What the Analysts think about Hormel

Analyst Ratings

Majority rating from 11 analysts.
Hold

Price Targets

Average projection from 7 analysts.
4.83% downside
High $35.00
Low $28.00
$33.77
Current price
$32.14
Average price target

Hormel Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
7.3% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$3B
-6.29%
Net income
$218.8M
11.69%
Profit margin
7.3%
19.28%

Hormel Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 22.55%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.40
$0.40
$0.42
$0.41
-
Expected
$0.40
$0.41
$0.44
$0.33
$0.36
Surprise
1.14%
-2.79%
-5.46%
22.55%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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