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Hormel Foods Corporation (HRL)

Stock Price: $51.18 USD 0.32 (0.63%)
Updated Aug 6, 2020 4:02 PM EDT - Market closed
After-hours: $50.79 -0.39 (-0.76%) Aug 6, 7:56 PM

Stock Price Chart

Key Info

Market Cap 27.58B
Revenue (ttm) 9.60B
Net Income (ttm) 925.56M
Shares Out 538.95M
EPS (ttm) 1.70
PE Ratio 30.11
Forward PE 28.17
Dividend $0.93
Dividend Yield 1.82%

Stock Quote

Trading Day Aug 6, 2020
Last Price $51.18
Previous Close $50.86
Change ($) 0.32
Change (%) 0.63%
Day's Open 50.82
Day's Range 50.74 - 51.23
Day's Volume 1,567,137
52-Week Range 39.01 - 51.53

More Stats

Market Cap 27.58B
Enterprise Value 27.28B
Earnings Date (est) Aug 20, 2020
Ex-Dividend Date Jul 10, 2020
Shares Outstanding 538.95M
Float 280.28M
EPS (basic) 1.72
EPS (diluted) 1.70
FCF / Share 1.43
Dividend $0.93
Dividend Yield 1.82%
Earnings Yield 3.32%
FCF Yield 2.79%
Payout Ratio 51.50%
Shares Short 24.64M
Short Ratio 12.62
Short % of Float 8.77%
Beta -0.06
PE Ratio 30.11
Forward PE 28.17
P/FCF Ratio 35.90
PS Ratio 2.87
PB Ratio 4.45
Revenue 9.60B
Operating Income 1.12B
Net Income 925.56M
Free Cash Flow 768.27M
Net Cash 307.76M
Net Cash / Share 0.57
Gross Margin 19.63%
Operating Margin 11.66%
Profit Margin 9.60%
FCF Margin 8.00%
ROA 8.44%
ROE 15.34%
ROIC 37.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (12)

Buy 1
Overweight 0
Hold 9
Underweight 1
Sell 1

Analyst Consensus: Hold

Price Target

$43.50*
(-15.01% downside)
Low
39.0
Current: $51.18
High
47.0
Target: 43.50
*Average 12-month price target from 10 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.