Previous close | 39.16 |
Open | 39.28 |
Bid | 0.00 x 900 |
Ask | 0.00 x 2900 |
Day's range | 39.17 - 39.56 |
52-week range | 37.78 - 55.11 |
Volume | |
Avg. volume | 1,931,020 |
Market cap | 21.474B |
Beta (5Y monthly) | 0.18 |
PE ratio (TTM) | 24.26 |
EPS (TTM) | 1.62 |
Earnings date | 31 May 2023 - 05 Jun 2023 |
Forward dividend & yield | 1.10 (2.47%) |
Ex-dividend date | 13 Jan 2023 |
1y target est | 46.24 |
The food maker is dealing with some company-specific headwinds, but history suggests it will come out on top.
The economy is cyclical, and if you go in knowing that, you can create a balance and focus that will survive the swings.
Shares of the consumer staple company Hormel Foods (NYSE: HRL) have shed 15% of their value thus far for the year. Let's look at Hormel's fundamentals and valuation to get an answer. More than 40 of the company's brands are ranked No. 1 or No. 2 in their respective categories, which is a testament to the brand power of Hormel's product portfolio.