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NYSE:HSY

Hershey (HSY) Stock Price, News & Analysis

Hershey logo
$172.89 -3.93 (-2.22%)
(As of 11/7/2024 ET)

About Hershey Stock (NYSE:HSY)

Key Stats

Today's Range
$171.68
$178.79
50-Day Range
$176.82
$203.25
52-Week Range
$171.67
$211.92
Volume
3.33 million shs
Average Volume
1.68 million shs
Market Capitalization
$34.97 billion
P/E Ratio
19.21
Dividend Yield
3.17%
Price Target
$191.61
Consensus Rating
Reduce

Company Overview

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company exports its products in approximately 80 countries worldwide. The Hershey Company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

Hershey Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
87th Percentile Overall Score

HSY MarketRank™: 

Hershey scored higher than 87% of companies evaluated by MarketBeat, and ranked 48th out of 139 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Hershey has received a consensus rating of Reduce. The company's average rating score is 1.74, and is based on no buy ratings, 14 hold ratings, and 5 sell ratings.

  • Amount of Analyst Coverage

    Hershey has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Hershey's stock forecast and price target.
  • Earnings Growth

    Earnings for Hershey are expected to decrease by -5.43% in the coming year, from $9.39 to $8.88 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hershey is 19.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.76.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hershey is 19.21, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.87.

  • Price to Earnings Growth Ratio

    Hershey has a PEG Ratio of 4.14. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Hershey has a P/B Ratio of 8.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Hershey's valuation and earnings.
  • Percentage of Shares Shorted

    3.06% of the outstanding shares of Hershey have been sold short.
  • Short Interest Ratio / Days to Cover

    Hershey has a short interest ratio ("days to cover") of 4.8.
  • Change versus previous month

    Short interest in Hershey has recently decreased by 2.52%, indicating that investor sentiment is improving.
  • Dividend Yield

    Hershey pays a meaningful dividend of 3.06%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Hershey has been increasing its dividend for 15 years.

  • Dividend Coverage

    The dividend payout ratio of Hershey is 60.89%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Hershey will have a dividend payout ratio of 61.71% next year. This indicates that Hershey will be able to sustain or increase its dividend.

  • Read more about Hershey's dividend.
  • Percentage of Shares Shorted

    3.06% of the outstanding shares of Hershey have been sold short.
  • Short Interest Ratio / Days to Cover

    Hershey has a short interest ratio ("days to cover") of 4.8.
  • Change versus previous month

    Short interest in Hershey has recently decreased by 2.52%, indicating that investor sentiment is improving.
  • News Sentiment

    Hershey has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 31 news articles for Hershey this week, compared to 16 articles on an average week.
  • Search Interest

    32 people have searched for HSY on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    32 people have added Hershey to their MarketBeat watchlist in the last 30 days. This is an increase of 88% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hershey insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $107,153.00 in company stock.

  • Percentage Held by Insiders

    Only 0.29% of the stock of Hershey is held by insiders.

  • Percentage Held by Institutions

    57.96% of the stock of Hershey is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Hershey's insider trading history.
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HSY Stock News Headlines

The Hershey Company (HSY) Q3 2024 Earnings Call Transcript
“This Changes Everything” - Trump Hands Millions Massive IRS Gift
Now it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as we wait for Trump's agenda to kick in…
Hershey's falls to 3yr low after cutting sales and earnings guidance
Hershey Declares Quarterly Dividends
See More Headlines

HSY Stock Analysis - Frequently Asked Questions

Hershey's stock was trading at $186.44 at the start of the year. Since then, HSY shares have decreased by 7.3% and is now trading at $172.89.
View the best growth stocks for 2024 here
.

The Hershey Company (NYSE:HSY) announced its earnings results on Thursday, August, 1st. The company reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.44 by $0.17. Hershey's quarterly revenue was down 16.7% on a year-over-year basis.
Read the conference call transcript
.

The following companies are subsidiaries of Hershey: Dot's Pretzels, Lily's Sweets, One Brands LLC, Pirate Brands, Amplify Snack Brands2, Ripple Brand Collective LLC, Krave Pure Foods, and more.

Hershey's top institutional investors include Principal Financial Group Inc. (0.48%), Confluence Investment Management LLC (0.35%), International Assets Investment Management LLC (0.28%) and National Pension Service (0.23%). Insiders that own company stock include Hershey Trust Co Trustee In Tr, Michele Buck, Hershey Trust Co, Steven E Voskuil, Rohit Grover, Jason Reiman, Pamela M Arway, Charles R Raup, Robert Malcolm, Christopher M Scalia, Kristen J Riggs, Jennifer Mccalman and James Turoff.
View institutional ownership trends
.

Shares of HSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hershey investors own include Salesforce (CRM), Chevron (CVX), AbbVie (ABBV), Johnson & Johnson (JNJ), Coca-Cola (KO), Home Depot (HD) and Merck & Co., Inc. (MRK).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 9/16 Dividend
8/16/2024
Dividend Payable
9/16/2024
Today
11/08/2024
Dividend Payable
12/16/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 12/16 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
Sugar & confectionery products
Sub-Industry
Packaged Foods & Meats
CUSIP
42786610
Employees
20,505
Year Founded
1894

Price Target and Rating

Average Stock Price Target
$191.61
High Stock Price Target
$225.00
Low Stock Price Target
$161.00
Potential Upside/Downside
+10.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.74
Research Coverage
19 Analysts

Profitability

Net Income
$1.86 billion
Pretax Margin
20.02%

Debt

Sales & Book Value

Annual Sales
$11.16 billion
Cash Flow
$11.30 per share
Book Value
$20.06 per share

Miscellaneous

Free Float
201,701,000
Market Cap
$34.97 billion
Optionable
Optionable
Beta
0.38

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This page (NYSE:HSY) was last updated on 11/8/2024 by MarketBeat.com Staff
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