Hormel Foods Corp HRL

$19.81 +0.60 (3.12%)

Valuation

Market cap
10,621,774,000
Revenue TTM
$12,106,160,000
Net income TTM
$478,200,000
PE ratio
13.42
Forward PE
12.93
Profit margin
3.95%
Debt to equity
0.36

Trading

Volume
5,844,200
Avg volume
5,143,018
Day's range
$19.23 – $19.85
Shares out
550,351,000
Stochastic %K
18%
Beta
0.30
Analysts
Sell
Price target
$25.00

Price

Company profile

Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International. The company provides perishable products, including fresh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guaca...

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Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International. The company provides perishable products, including fresh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole, and other items that require refrigeration, as well as shelf-stable products, such as canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, and other items that do not require refrigeration. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Industry
Packaged Foods
Sector
Consumer Defensive
Phone
507 437 5611
Website
https://www.hormelfoods.com
Address
1 Hormel Place, Austin, United States

Latest news

Stocktwits

tick1Ger000 Oct 14, 8:34 PM
Hormel Foods Dividend Yield and Valuation: Assessing a Reported Insider Purchase ($HRL) https://www.dividendchannel.com/article/202610/hormel-foods-dividend-yield-and-valuation-assessing-a-reported-insider-hrl-HRL10142026dirank.htm/
0 replies
thatsolardude365 Oct 14, 5:02 PM
$HRL: filed in the earlier Tyson and Cargill turkey round? That does not count here. The $93.5M Hormel and Butterball round needs a new claim form by Oct 30. Direct purchasers 2010-2016 only. Open Class Actions.
0 replies
BigSal69 Oct 14, 3:47 PM
$HRL money is coming back to the safe bet!
1 replies
Chartist0_0 Oct 14, 2:25 PM
$HRL 25.50$ by mid December.
1 replies
Chartist0_0 Oct 14, 2:06 PM
$HRL picked up 1000s at 19.28$.
0 replies
BigSal69 Oct 14, 9:40 AM
$HRL let’s get ship 🚢 turned around!
1 replies
Chartist0_0 Oct 14, 9:14 AM
$HRL Finally, a major insider buy. The chart is repeating. The three arrows on the right are repeating the three arrows on the left. That is, a higher MACD despite a lower price. This is a momentum indicator and the downward momentum is slowing. You can see how the market rallied strongly after the third arrow on the left. Add in the 10K share insider buy at 20.10$, and the risk/reward is looking good.
1 replies
tickertales Oct 13, 3:07 PM
$HRL Been watching this for years but finally established a small position. Couldn't resist with the yield over 6%. The dividend coverage is tight but I don't think they'll cut it (and might even raise it even if only by 1 cent). First, The Hormel Foundation owns roughly 47% of the stock and they rely on dividends to fund their philanthropic endeavors and explicitly state that their community contributions are a direct result of the dividends collected from its shares. Because the foundation relies entirely on this cash flow to issue grants, it acts as a long-term investor that fiercely protects and encourages the growth of Hormel Foods' dividend. Second, Hormel is a "Dividend King", having increased its annual dividend for 60 years, easily surpassing the 50-year requirement to be considered a "king". Companies are loathe to surrender this status even during tough financial times. GLTA.
0 replies