Hormel Stock Financials

HRL
 Stock
  

USD 46.40  0.46  0.98%   

Financial data analysis helps to validate if markets are presently mispricing Hormel Foods. We were able to interpolate data for thirty-eight available reported financial drivers for Hormel Foods Corp, which can be compared to its competitors. To ensure the equity is not overpriced, please check out all Hormel Foods financials, including its revenue, cash flow from operations, current asset, as well as the relationship between the cash per share and beta . Given that Hormel Foods Corp has a price to earning of 28.93 X, we strongly advise you to confirm Hormel Foods Corp regular market performance to make sure the company can sustain itself down the road. Use Hormel Foods to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Hormel Foods to be traded at $45.47 in 90 days.
  
With this module, you can analyze Hormel financials for your investing period. You should be able to track the changes in Hormel Foods individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Hormel Foods Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hormel Foods' financial statements are interrelated, with each one affecting the others. For example, an increase in Hormel Foods' assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 14
Hormel Foods Corp has less than 14 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Hormel Foods stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Hormel Foods' official financial statements usually reflect Hormel Foods' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Hormel Foods Corp. For example, before you start analyzing numbers published by Hormel accountants, it's critical to develop an understanding of what Hormel Foods' liquidity, profitability, and earnings quality are in the context of the Consumer Defensive space in which it operates.
Please note, the presentation of Hormel Foods' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hormel Foods' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Hormel Foods' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hormel Foods Corp. Please utilize our Beneish M Score to check the likelihood of Hormel Foods' management to manipulate its earnings.

Hormel Foods Company Summary

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. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota. Hormel Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 20000 people.
Foreign Associate  Austria
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
Business Address1 Hormel Place
SectorConsumer Defensive
IndustryPackaged Foods
BenchmarkDOW
Websitewww.hormelfoods.com
Phone507 437 5611
CurrencyUSD - US Dollar
You should never invest in Hormel Foods without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hormel Stock, because this is throwing your money away. Analyzing the key information contained in Hormel Foods' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Hormel Foods Key Financial Ratios

Generally speaking, Hormel Foods' financial ratios allow both analysts and investors to convert raw data from Hormel Foods' financial statements into concise, actionable information that can be used to evaluate the performance of Hormel Foods over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hormel Foods Corp reports annually and quarterly.

Hormel Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hormel Foods's current stock value. Our valuation model uses many indicators to compare Hormel Foods value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hormel Foods competition to find correlations between indicators driving Hormel Foods's intrinsic value. More Info.
Hormel Foods Corp is one of the top stocks in price to earning category among related companies. It is one of the top stocks in current asset category among related companies fabricating about  70,166,333  of Current Asset per Price to Earning. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hormel Foods by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hormel Foods' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hormel Foods' earnings, one of the primary drivers of an investment's value.

Hormel Foods Corp Systematic Risk

Hormel Foods' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hormel Foods volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Hormel Foods Corp correlated with the market. If Beta is less than 0 Hormel Foods generally moves in the opposite direction as compared to the market. If Hormel Foods Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hormel Foods Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hormel Foods is generally in the same direction as the market. If Beta > 1 Hormel Foods moves generally in the same direction as, but more than the movement of the benchmark.
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About Hormel Foods Financials

What exactly are Hormel Foods Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Hormel Foods' income statement, its balance sheet, and the statement of cash flows. Potential Hormel Foods investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Hormel Foods investors may use each financial statement separately, they are all related. The changes in Hormel Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hormel Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Hormel Foods is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Hormel has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Hormel Foods Thematic Clasifications

Hormel Foods Corp is part of several thematic ideas from Processed Foods to Corona Opportunity. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Processed Foods Idea
Processed FoodsView
Corona Opportunity Idea
Corona OpportunityView
Natural Foods Idea
Natural FoodsView

Hormel Foods September 28, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hormel Foods help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hormel Foods Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hormel Foods Corp based on widely used predictive technical indicators. In general, we focus on analyzing Hormel Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hormel Foods's daily price indicators and compare them against related drivers.
Downside Deviation1.51
Information Ratio0.0762
Maximum Drawdown8.85
Value At Risk(1.26)
Potential Upside1.71
Please check Risk vs Return Analysis. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Hormel Foods Corp price analysis, check to measure Hormel Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
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Is Hormel Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hormel Foods Corp is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Hormel Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.