Hormel Foods Statistics
Total Valuation
Hormel Foods has a market cap or net worth of $17.05 billion. The enterprise value is $19.36 billion.
| Market Cap | 17.05B |
| Enterprise Value | 19.36B |
Important Dates
The next estimated earnings date is Wednesday, November 27, 2024, before market open.
| Earnings Date | Nov 27, 2024 |
| Ex-Dividend Date | Oct 15, 2024 |
Share Statistics
Hormel Foods has 548.36 million shares outstanding. The number of shares has decreased by -0.17% in one year.
| Shares Outstanding | 548.36M |
| Shares Change (YoY) | -0.17% |
| Shares Change (QoQ) | +0.11% |
| Owned by Insiders (%) | 0.29% |
| Owned by Institutions (%) | 41.68% |
| Float | 290.00M |
Valuation Ratios
The trailing PE ratio is 21.80 and the forward PE ratio is 18.90. Hormel Foods's PEG ratio is 3.37.
| PE Ratio | 21.80 |
| Forward PE | 18.90 |
| PS Ratio | 1.42 |
| Forward PS | 1.39 |
| PB Ratio | 2.17 |
| P/FCF Ratio | 18.88 |
| PEG Ratio | 3.37 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.30, with an EV/FCF ratio of 21.44.
| EV / Earnings | 24.79 |
| EV / Sales | 1.62 |
| EV / EBITDA | 14.30 |
| EV / EBIT | 17.65 |
| EV / FCF | 21.44 |
Financial Position
The company has a current ratio of 2.29, with a Debt / Equity ratio of 0.36.
| Current Ratio | 2.29 |
| Quick Ratio | 0.98 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 1.51 |
| Debt / FCF | 3.17 |
| Interest Coverage | 13.74 |
Financial Efficiency
Return on equity (ROE) is 10.01% and return on invested capital (ROIC) is 6.30%.
| Return on Equity (ROE) | 10.01% |
| Return on Assets (ROA) | 5.16% |
| Return on Capital (ROIC) | 6.30% |
| Revenue Per Employee | $599,039 |
| Profits Per Employee | $39,039 |
| Employee Count | 20,000 |
| Asset Turnover | 0.90 |
| Inventory Turnover | 5.88 |
Taxes
In the past 12 months, Hormel Foods has paid $221.06 million in taxes.
| Income Tax | 221.06M |
| Effective Tax Rate | 22.08% |
Stock Price Statistics
The stock price has increased by +0.48% 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 | +0.48% |
| 50-Day Moving Average | 31.78 |
| 200-Day Moving Average | 32.33 |
| Relative Strength Index (RSI) | 45.15 |
| Average Volume (20 Days) | 1,826,322 |
Short Selling Information
The latest short interest is 8.35 million, so 1.52% of the outstanding shares have been sold short.
| Short Interest | 8.35M |
| Short Previous Month | 7.91M |
| Short % of Shares Out | 1.52% |
| Short % of Float | 2.88% |
| Short Ratio (days to cover) | 3.01 |
Income Statement
In the last 12 months, Hormel Foods had revenue of $11.98 billion and earned $780.78 million in profits. Earnings per share was $1.43.
| Revenue | 11.98B |
| Gross Profit | 2.02B |
| Operating Income | 1.10B |
| Pretax Income | 983.88M |
| Net Income | 780.78M |
| EBITDA | 1.35B |
| EBIT | 1.10B |
| Earnings Per Share (EPS) | $1.43 |
Balance Sheet
The company has $561.93 million in cash and $2.86 billion in debt, giving a net cash position of -$2.30 billion or -$4.19 per share.
| Cash & Cash Equivalents | 561.93M |
| Total Debt | 2.86B |
| Net Cash | -2.30B |
| Net Cash Per Share | -$4.19 |
| Equity (Book Value) | 7.88B |
| Book Value Per Share | 14.35 |
| Working Capital | 1.69B |
Cash Flow
In the last 12 months, operating cash flow was $1.18 billion and capital expenditures -$274.34 million, giving a free cash flow of $902.87 million.
| Operating Cash Flow | 1.18B |
| Capital Expenditures | -274.34M |
| Free Cash Flow | 902.87M |
| FCF Per Share | $1.65 |
Margins
Gross margin is 16.86%, with operating and profit margins of 9.15% and 6.52%.
| Gross Margin | 16.86% |
| Operating Margin | 9.15% |
| Pretax Margin | 8.36% |
| Profit Margin | 6.52% |
| EBITDA Margin | 11.30% |
| EBIT Margin | 9.15% |
| FCF Margin | 8.22% |
Dividends & Yields
This stock pays an annual dividend of $1.13, which amounts to a dividend yield of 3.64%.
| Dividend Per Share | $1.13 |
| Dividend Yield | 3.64% |
| Dividend Growth (YoY) | 2.73% |
| Years of Dividend Growth | 58 |
| Payout Ratio | 79.24% |
| Buyback Yield | 0.17% |
| Shareholder Yield | 3.80% |
| Earnings Yield | 4.58% |
| FCF Yield | 5.30% |
Analyst Forecast
The average price target for Hormel Foods is $32.67, which is 5.08% higher than the current price. The consensus rating is "Hold".
| Price Target | $32.67 |
| Price Target Difference | 5.08% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
| 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 4.27 and a Piotroski F-Score of 6.
| Altman Z-Score | 4.27 |
| Piotroski F-Score | 6 |