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Hormel Foods Corporation (HRL)

Stock Price: $49.02 USD -0.52 (-1.05%)
Updated Oct 19, 2020 4:03 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 26.45B
Revenue (ttm) 9.69B
Net Income (ttm) 929.23M
Shares Out 539.61M
EPS (ttm) 1.70
PE Ratio 28.84
Forward PE 27.25
Dividend $0.93
Dividend Yield 1.90%

Stock Quote

Trading Day Oct 19, 2020
Last Price $49.02
Previous Close $49.54
Change ($) -0.52
Change (%) -1.05%
Day's Open 49.43
Day's Range 48.91 - 49.86
Day's Volume 1,898,631
52-Week Range 39.01 - 52.97

More Stats

Market Cap 26.45B
Enterprise Value 26.01B
Earnings Date (est) Dec 1, 2020
Ex-Dividend Date Oct 16, 2020
Shares Outstanding 539.61M
Float 281.14M
EPS (basic) 1.73
EPS (diluted) 1.70
FCF / Share 1.60
Dividend $0.93
Dividend Yield 1.90%
Earnings Yield 3.47%
FCF Yield 3.27%
Payout Ratio n/a
Shares Short 25.45M
Short Ratio 15.67
Short % of Float 9.05%
Beta -0.02
PE Ratio 28.84
Forward PE 27.25
P/FCF Ratio 30.60
PS Ratio 2.73
PB Ratio 4.27
Revenue 9.69B
Operating Income 1.11B
Net Income 929.23M
Free Cash Flow 864.34M
Net Cash 441.42M
Net Cash / Share 0.82
Gross Margin 19.45%
Operating Margin 11.43%
Profit Margin 9.60%
FCF Margin 8.92%
ROA 7.89%
ROE 15.28%
ROIC 34.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (13)

Buy 1
Overweight 0
Hold 9
Underweight 1
Sell 2

Analyst Consensus: Hold

Price Target

$46.67*
(-4.79% downside)
Low
44.0
Current: $49.02
High
50.0
Target: 46.67
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue9,4979,5469,1689,5239,2649,3168,7528,2317,8957,221
Revenue Growth-0.51%4.13%-3.74%2.8%-0.56%6.45%6.33%4.25%9.34%-
Gross Profit1,8851,9791,9972,1581,8091,5651,4131,3321,3341,239
Operating Income1,1571,1211,2371,2851,043914785726716633
Net Income9791,012847890686603526500474396
Shares Outstanding535531528529528528529527533533
Earnings Per Share1.801.861.571.641.271.120.980.930.870.73
EPS Growth-3.23%18.47%-4.27%29.13%13.39%14.87%4.84%6.9%19.18%-
Dividend Per Share0.840.750.680.580.500.400.430.300.260.21
Dividend Growth12%10.29%17.24%16%25%-5.88%41.67%17.65%21.43%-
Operating Cash Flow9231,2421,0341,040992747638518490486
Capital Expenditures-256-380-218-249-126-149-96.60-128-92.53-84.91
Free Cash Flow667862816791866598541390398401
Cash & Equivalents688459444415347334434760539518
Total Debt250625250250435250250250250350
Net Cash / Debt438-166194165-87.7684.17184510289168
Assets8,1098,1426,9766,3706,1405,4564,9164,5644,2444,054
Liabilities2,1832,5372,0361,9192,1381,8441,5991,7391,5851,647
Book Value5,9215,6014,9364,4483,9983,6063,3112,8192,6572,401
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Hormel Foods Corporation
Country United States
Employees 18,700
CEO James P. Snee

Stock Information

Ticker Symbol HRL
Stock Exchange New York Stock Exchange
Sector Consumer Defensive
Industry Packaged Foods
Unique Identifier NYSE: HRL

Description

Hormel Foods Corporation produces and markets various meat 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 offers various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products, such as canned luncheon meats, peanut butters, chilies, shelf-stable microwaveable meals, hashes, stews, meat spreads, flour and corn tortillas, salsas, tortilla chips, and other products. The company also provides turkey products; nutritional food products and supplements; dessert and drink mixes; and industrial gelatin products. It sells its products under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Wholly, Hormel, Black Label, Columbus, etc. brand names through sales personnel, as well as through 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.