NYSE
HRL

Hormel Foods Corporation

Packaged Foods
Consumer Defensive

Prices are adjusted according to historical splits.

Hormel Foods Corporation Stock Price

Vitals

Today's Low:
$36.97
Today's High:
$37.46
Open Price:
$37.4
52W Low:
$36.78
52W High:
$48.7579
Prev. Close:
$37.36
Volume:
2033296

Company Statistics

Market Cap.:
$20.29 billion
Book Value:
14.115
Revenue TTM:
$12.20 billion
Operating Margin TTM:
9.18%
Gross Profit TTM:
$2.16 billion
Profit Margin:
7.2%
Return on Assets TTM:
5.27%
Return on Equity TTM:
11.63%

Company Profile

Hormel Foods Corporation had its IPO on 1990-01-02 under the ticker symbol HRL.

The company operates in the Consumer Defensive sector and Packaged Foods industry. Hormel Foods Corporation has a staff strength of 20,000 employees.

Stock update

Shares of Hormel Foods Corporation opened at $37.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $36.97 - $37.46, and closed at $37.4.

This is a +0.11% increase from the previous day's closing price.

A total volume of 2,033,296 shares were traded at the close of the day’s session.

In the last one week, shares of Hormel Foods Corporation have slipped by -2.6%.

Hormel Foods Corporation's Key Ratios

Hormel Foods Corporation has a market cap of $20.29 billion, indicating a price to book ratio of 3.3727 and a price to sales ratio of 2.0039.

In the last 12-months Hormel Foods Corporation’s revenue was $12.20 billion with a gross profit of $2.16 billion and an EBITDA of $1.41 billion. The EBITDA ratio measures Hormel Foods Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Hormel Foods Corporation’s operating margin was 9.18% while its return on assets stood at 5.27% with a return of equity of 11.63%.

In Q2.3333333333333, Hormel Foods Corporation’s quarterly earnings growth was a negative -25.6% while revenue growth was a negative 2.3%.

Hormel Foods Corporation’s PE and PEG Ratio

Forward PE
24.6305
Trailing PE
23.2
PEG
3.3345

Its diluted EPS in the last 12-months stands at $1.6 per share while it has a forward price to earnings multiple of 24.6305 and a PEG multiple of 3.3345. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hormel Foods Corporation’s profitability.

Hormel Foods Corporation stock is trading at a EV to sales ratio of 2.2246 and a EV to EBITDA ratio of 17.2856. Its price to sales ratio in the trailing 12-months stood at 2.0039.

Hormel Foods Corporation stock pays annual dividends of $1.085 per share, indicating a yield of 2.96% and a payout ratio of 63.45%.

Balance sheet and cash flow metrics

Total Assets
$13.43 billion
Total Liabilities
$2.32 billion
Operating Cash Flow
$-588489000.00
Capital Expenditure
$77.68 million
Dividend Payout Ratio
63.45%

Hormel Foods Corporation ended 2024 with $13.43 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.43 billion while shareholder equity stood at $7.72 billion.

Hormel Foods Corporation ended 2024 with $0 in deferred long-term liabilities, $2.32 billion in other current liabilities, 8005000.00 in common stock, $7.45 billion in retained earnings and $4.93 billion in goodwill. Its cash balance stood at $669.12 million and cash and short-term investments were $686.55 million. The company’s total short-term debt was $946,981,000 while long-term debt stood at $2.36 billion.

Hormel Foods Corporation’s total current assets stands at $3.25 billion while long-term investments were $743.47 million and short-term investments were $17.42 million. Its net receivables were $793.74 million compared to accounts payable of $703.41 million and inventory worth $1.74 billion.

In 2024, Hormel Foods Corporation's operating cash flow was $-588489000.00 while its capital expenditure stood at $77.68 million.

Comparatively, Hormel Foods Corporation paid $0.63 in dividends in 2024.

Other key metrics

Current Trading Price
$37.4
52-Week High
$48.7579
52-Week Low
$36.78
Analyst Target Price
$41.3

Hormel Foods Corporation stock is currently trading at $37.4 per share. It touched a 52-week high of $48.7579 and a 52-week low of $48.7579. Analysts tracking the stock have a 12-month average target price of $41.3.

Its 50-day moving average was $39.6 and 200-day moving average was $41.39 The short ratio stood at 6.83 indicating a short percent outstanding of 0%.

Around 4719.3% of the company’s stock are held by insiders while 4243.2% are held by institutions.

Frequently Asked Questions About Hormel Foods Corporation

The stock symbol (also called stock or share ticker) of Hormel Foods Corporation is HRL

The IPO of Hormel Foods Corporation took place on 1990-01-02

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About

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin’s, Jennie-O, Café H, Herdez, Black Label, Sadler’s, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names 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.

Address

1 Hormel Place, Austin, MN, United States, 55912-3680