Hormel Foods Corporation (HRL)

Market Cap	15.91B
Revenue (ttm)	11.91B
Net Income (ttm)	756.75M
Shares Out	549.91M
EPS (ttm)	1.38
PE Ratio	20.97
Forward PE	17.38
Dividend	$1.16 (4.01%)
Ex-Dividend Date	Jan 13, 2025

Volume	669,676
Open	28.86
Previous Close	28.76
Day's Range	28.58 - 29.04
52-Week Range	27.59 - 36.86
Beta	0.21
Analysts	Buy
Price Target	33.50 (+15.78%)
Earnings Date	Feb 27, 2025

About HRL

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, bacons, sausages, hams, and guacamoles; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-s...

• Industry: Packaged Foods
• Sector: Consumer Staples
• Founded: 1891
• Employees: 20,000
• Stock Exchange: NYSE
• Ticker Symbol: HRL
• Website: https://www.hormelfoods.com

Financial Performance

In 2024, Hormel Foods's revenue was $11.92 billion, a decrease of -1.56% compared to the previous year's $12.11 billion. Earnings were $805.04 million, an increase of 1.44%.

Analyst Forecast

According to 4 analysts, the average rating for HRL stock is "Buy." The 12-month stock price forecast is $33.5, which is an increase of 15.78% from the latest price.

Price Target

$33.5

(15.78% upside)

Analyst Consensus: Buy