Hormel Stock Today

HRL
 Stock
  

USD 49.86  0.25  0.50%   

Market Performance
0 of 100
Odds Of Distress
Less than 12
Hormel Foods is selling for 49.86 as of the 12th of August 2022. This is a 0.50 percent up since the beginning of the trading day. The stock's lowest day price was 49.36. Hormel Foods has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Hormel Foods Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of July 2022 and ending today, the 12th of August 2022. Click here to learn more.
CUSIP
440452100
Fiscal Year End
October
Business Domain
Food, Beverage & Tobacco
IPO Date
2nd of January 1990
Category
Consumer Defensive
Classification
Consumer Staples
ISIN
US4404521001
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. The company has 542.57 M outstanding shares of which 10.85 M shares are currently shorted by investors with about 6.7 days to cover. More on Hormel Foods Corp

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Hormel Foods Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Hormel Foods' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hormel Foods or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Hormel Foods Corp generated a negative expected return over the last 90 days
About 47.0% of the company shares are held by company insiders
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ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Hormel Foods' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hormel Foods' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Chairman, CEO and PresJeffrey Ettinger
SEC FilingsHormel Foods Security & Exchange Commission EDGAR Reports
Thematic Ideas
Showing 3 out of 4 themes
Fama & French Classification
Average Analyst Recommendation
Analysts covering Hormel Foods report their recommendations after researching Hormel Foods' financial statements, talking to executives and customers, or listening in on Hormel Foods' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hormel Foods Corp. The Hormel consensus assessment is calculated by taking the average forecast from all of the analysts covering Hormel Foods.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Hormel Foods Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Hormel Foods Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares635.2 M622.3 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted645.6 M629.7 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations1.1 B1.2 B
Fairly Down
Increasing
Slightly volatile
Total Assets11.8 B14.6 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities7.1 B6.6 B
Significantly Up
Increasing
Slightly volatile
Current Assets3.1 B3.4 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities1.5 B1.6 B
Moderately Down
Increasing
Slightly volatile
Total Debt4.1 B3.8 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.08890.0729
Fairly Up
Decreasing
Slightly volatile
Gross Margin0.210.19
Significantly Up
Decreasing
Stable
Asset Turnover1.110.91
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Hormel Foods' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Financial Strength
Hormel Foods' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hormel Foods' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Hormel Foods' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Hormel Foods' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hormel Foods' financial leverage. It provides some insight into what part of Hormel Foods' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hormel Foods' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hormel Foods deploys its capital and how much of that capital is borrowed.
Liquidity
Hormel Foods cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.32 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Hormel Foods Corp has a current ratio of 2.23, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Hormel Foods until it has trouble settling it off, either with new capital or with free cash flow. So, Hormel Foods' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hormel Foods Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hormel to invest in growth at high rates of return. When we think about Hormel Foods' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.12 Billion
Hormel Foods Corp (HRL) is traded on New York Stock Exchange in USA. It is located in 1 Hormel Place, Austin, MN 55912, United States and employs 20,000 people. Hormel Foods is listed under Food Products category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 26.55 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hormel Foods's market, we take the total number of its shares issued and multiply it by Hormel Foods's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Hormel Foods Corp runs under Consumer Defensive sector within Packaged Foods industry. The entity has 542.57 M outstanding shares of which 10.85 M shares are currently shorted by investors with about 6.7 days to cover. Hormel Foods Corp has about 885.2 M in cash with 1.22 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.62.
Check Hormel Foods Probability Of Bankruptcy
Ownership
Hormel Foods Corp has a total of five hundred fourty-two million five hundred seventy thousand outstanding shares. Hormel Foods secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Hormel Ownership Details

Hormel Stock Price Odds Analysis

What are Hormel Foods' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Hormel Foods jumping above the current price in 90 days from now is about 18.27%. The Hormel Foods Corp probability density function shows the probability of Hormel Foods stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Hormel Foods has a beta of 0.1875. This usually indicates as returns on the market go up, Hormel Foods average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hormel Foods Corp will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Hormel Foods Corp is significantly underperforming DOW.
  Odds Below 49.86HorizonTargetOdds Above 49.86
81.55%90 days
 49.86 
18.27%
Based on a normal probability distribution, the odds of Hormel Foods to move above the current price in 90 days from now is about 18.27 (This Hormel Foods Corp probability density function shows the probability of Hormel Stock to fall within a particular range of prices over 90 days) .

Hormel Foods Historical Income Statement

Hormel Foods Corp Income Statement is one of the three primary financial statements used for reporting Hormel's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hormel Foods Corp revenue and expense. Hormel Foods Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Hormel Foods Income Tax Expense is relatively stable at the moment as compared to the past year. The company's current value of Income Tax Expense is estimated at 222.55 Million View More Fundamentals

Hormel Stock Against Markets

Picking the right benchmark for Hormel Foods stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hormel Foods stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hormel Foods is critical whether you are bullish or bearish towards Hormel Foods Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hormel Foods without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hormel Foods Corporate Directors

Hormel Foods corporate directors refer to members of a Hormel Foods board of directors. The board of directors generally takes responsibility for the Hormel Foods' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hormel Foods' board members must vote for the resolution. The Hormel Foods board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gary Bhojwani - Independent DirectorProfile
Bill Newlands - DirectorProfile
Dakota Pippins - Independent DirectorProfile
Susan Nestegard - Independent DirectorProfile

Invested in Hormel Foods Corp?

You need to understand the risk of investing before taking a position in Hormel Foods. The danger of trading Hormel Foods Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hormel Foods is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hormel Foods. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hormel Foods Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the Hormel Foods Corp information on this page should be used as a complementary analysis to other Hormel Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.
Quarterly Earnings Growth YOY
0.14
Market Capitalization
27.1 B
Quarterly Revenue Growth YOY
0.19
Return On Assets
0.0679
Return On Equity
0.14
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.