Hormel Foods Statistics
Total Valuation
Hormel Foods has a market cap or net worth of $16.75 billion. The enterprise value is $19.05 billion.
| Market Cap | 16.75B |
| Enterprise Value | 19.05B |
Important Dates
The last earnings date was Thursday, May 30, 2024, before market open.
| Earnings Date | May 30, 2024 |
| Ex-Dividend Date | Jul 15, 2024 |
Share Statistics
Hormel Foods has 548.31 million shares outstanding. The number of shares has decreased by -0.06% in one year.
| Shares Outstanding | 548.31M |
| Shares Change (YoY) | -0.06% |
| Shares Change (QoQ) | +0.14% |
| Owned by Insiders (%) | 0.22% |
| Owned by Institutions (%) | 88.64% |
| Float | 289.58M |
Valuation Ratios
The trailing PE ratio is 21.82 and the forward PE ratio is 19.20. Hormel Foods's PEG ratio is 2.96.
| PE Ratio | 21.82 |
| Forward PE | 19.20 |
| PS Ratio | 1.39 |
| Forward PS | 1.35 |
| PB Ratio | 2.12 |
| P/FCF Ratio | 16.92 |
| PEG Ratio | 2.96 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.14, with an EV/FCF ratio of 19.24.
| EV / Earnings | 24.85 |
| EV / Sales | 1.58 |
| EV / EBITDA | 14.14 |
| EV / EBIT | 17.96 |
| EV / FCF | 19.24 |
Financial Position
The company has a current ratio of 1.73, with a Debt / Equity ratio of 0.48.
| Current Ratio | 1.73 |
| Quick Ratio | 0.97 |
| Debt / Equity | 0.48 |
| Debt / EBITDA | 2.83 |
| Debt / FCF | 3.85 |
| Interest Coverage | 13.82 |
Financial Efficiency
Return on equity (ROE) is 9.80% and return on invested capital (ROIC) is 6.54%.
| Return on Equity (ROE) | 9.80% |
| Return on Assets (ROA) | 5.60% |
| Return on Capital (ROIC) | 6.54% |
| Revenue Per Employee | $602,282 |
| Profits Per Employee | $38,338 |
| Employee Count | 20,000 |
| Asset Turnover | 0.88 |
| Inventory Turnover | 5.86 |
Taxes
In the past 12 months, Hormel Foods has paid $217.13 million in taxes.
| Income Tax | 217.13M |
| Effective Tax Rate | 22.07% |
Stock Price Statistics
The stock price has decreased by -24.79% in the last 52 weeks. The beta is 0.25, so Hormel Foods's price volatility has been lower than the market average.
| Beta (5Y) | 0.25 |
| 52-Week Price Change | -24.79% |
| 50-Day Moving Average | 33.20 |
| 200-Day Moving Average | 33.03 |
| Relative Strength Index (RSI) | 37.90 |
| Average Volume (20 Days) | 2,279,277 |
Short Selling Information
The latest short interest is 9.11 million, so 1.66% of the outstanding shares have been sold short.
| Short Interest | 9.11M |
| Short Previous Month | 9.50M |
| Short % of Shares Out | 1.66% |
| Short % of Float | 3.15% |
| Short Ratio (days to cover) | 3.03 |
Income Statement
In the last 12 months, Hormel Foods had revenue of $12.05 billion and earned $766.76 million in profits. Earnings per share was $1.40.
| Revenue | 12.05B |
| Gross Profit | 2.03B |
| Operating Income | 981.96M |
| Pretax Income | 983.88M |
| Net Income | 766.76M |
| EBITDA | 1.35B |
| EBIT | 1.06B |
| Earnings Per Share (EPS) | $1.40 |
Balance Sheet
The company has $1.51 billion in cash and $3.81 billion in debt, giving a net cash position of -$2.30 billion or -$4.20 per share.
| Cash & Cash Equivalents | 1.51B |
| Total Debt | 3.81B |
| Net Cash | -2.30B |
| Net Cash Per Share | -$4.20 |
| Equity (Book Value) | 7.89B |
| Book Value Per Share | 14.38 |
| Working Capital | 1.67B |
Cash Flow
In the last 12 months, operating cash flow was $1.28 billion and capital expenditures -$286.12 million, giving a free cash flow of $990.10 million.
| Operating Cash Flow | 1.28B |
| Capital Expenditures | -286.12M |
| Free Cash Flow | 990.10M |
| FCF Per Share | $1.81 |
Margins
Gross margin is 16.81%, with operating and profit margins of 8.15% and 6.37%.
| Gross Margin | 16.81% |
| Operating Margin | 8.15% |
| Pretax Margin | 8.17% |
| Profit Margin | 6.37% |
| EBITDA Margin | 11.18% |
| EBIT Margin | 8.80% |
| FCF Margin | 8.22% |
Dividends & Yields
This stock pays an annual dividend of $1.13, which amounts to a dividend yield of 3.70%.
| Dividend Per Share | $1.13 |
| Dividend Yield | 3.70% |
| Dividend Growth (YoY) | 3.46% |
| Years of Dividend Growth | 58 |
| Payout Ratio | 80.71% |
| Buyback Yield | 0.06% |
| Shareholder Yield | 3.76% |
| Earnings Yield | 4.58% |
| FCF Yield | 5.91% |
Analyst Forecast
The average price target for Hormel Foods is $32.20, which is 5.40% higher than the current price. The consensus rating is "Hold".
| Price Target | $32.20 |
| Price Target Difference | 5.40% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 2.82% |
| EPS Growth Forecast (5Y) | 9.50% |
Stock Splits
The last stock split was on February 10, 2016. It was a forward split with a ratio of 2:1.
| Last Split Date | Feb 10, 2016 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Hormel Foods has an Altman Z-Score of 3.6 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.6 |
| Piotroski F-Score | 6 |