Hormel Foods Corporation (HRL) July 20, 2021 Stock Price, Analysis & Forecast
Hormel Foods Corporation (NYSE: HRL) opened the trading session on July 20, 2021, at $48.39, displaying a change of -0.9108% against the previous close at $48.31. Within the trading session, the stock price increased to $48.88 and declined to $47.8. Finally, the stock fixed up at $47.87. Nevertheless, taking into account a long-term perspective, Hormel Foods Corporation reported a 52 Week Range within the limits of $43.0-$51.9.
Hormel Foods Corporation's shares outstanding currently price $542.08M, simultaneously with a float of $283.42M. HRL operates in the MANUFACTURING sector of the MEAT PACKING PLANTS industry and has a market capitalization of $25.95B (as of July 20, 2021). It should be emphasized that Hormel Foods Corporation's 50-day Moving Average fixed up at $48.09, while such indicator as 200-day Moving Average is now $47.47.
To define the company's efficiency, let's take note of Hormel Foods Corporation's conglomerate performance. At the moment, HRL has full-time employees. Hormel Foods Corporation has generated $inf per worker Within the last fiscal year. At the same time, HRL's income per employee was $inf. And now, let's take note of the company's income report. Hormel Foods Corporation's Net Income for the last fiscal year was $908.08M, while such indicator as Income Before Taxes was at the level of $1.11B. HRL's Operating Income was at the mark of $1.10B.
Hormel Foods Corporation (HRL) Earnings & Revenue
Talking about the Profitability, HRL reached a Profit Margin of 8.99% and an Operating Margin (TTM) of 11.5%. However, when we touch the questions of management effectiveness, Hormel Foods Corporation generated a Return on Equity (TTM) of 13.8% and a Return on Assets (TTM) of 7.78%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended April 30, 2021, Hormel Foods Corporation generated Revenue (TTM) of $9.87B, reporting a Quarterly Revenue Growth of 7.6%. As for the Revenue Per Share (TTM), this indicator was at the mark of $18.29. The company's Gross Profit (TTM) was $1.91B, while according to the EBITDA report, it was estimated at $1.34B.
Hormel Foods Corporation (NYSE: HRL) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, HRL's shares outstanding now amounts to $542.08M, where Shares Short was $15.51M versus the prior month amounted to $16.12M. (Short % of Float was 5.47%). And now, let's overview which kind of investors works with Hormel Foods Corporation's stocks. HRL's current ownership accounts for 42.07% institutional investors, while 47.62% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, HRL's Forward Annual Dividend Rate is currently at the mark of 0.98, whereas the Dividend Yield is 2.03%, and a Dividend Payout Ratio is 59.4% (Dividend Date: August 16, 2021). The company's Dividend Per Share indicator thereby is $0.955.
HRL Trading Performance
It's time to observe the current performance indicators for Hormel Foods Corporation. HRL's price/earnings to growth ratio during the last reported quarter was 5.1%. The company's PE Ratio stands at 29.55%, while HRL's Beta score is -0.0724. Also worth noting that Hormel Foods Corporation's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 1.62. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 2.678, as well as Price To Book Ratio, which amounts to 3.905.
Hormel Foods Corporation Analysis & Estimates
Within the previous 9-day period, Hormel Foods Corporation's Average True Range (ATR) was 0.7590, while the stock's Stochastic SlowD moving average was 74.8718%, and the SlowK moving average volumed at 74.8718%.