Hormel Foods Statistics
Total Valuation
Hormel Foods has a market cap or net worth of $18.83 billion. The enterprise value is $21.16 billion.
| Market Cap | 18.83B |
| Enterprise Value | 21.16B |
Important Dates
The next estimated earnings date is Thursday, May 30, 2024, before market open.
| Earnings Date | May 30, 2024 |
| Ex-Dividend Date | Apr 12, 2024 |
Share Statistics
Hormel Foods has 547.69 million shares outstanding. The number of shares has decreased by -0.38% in one year.
| Shares Outstanding | 547.69M |
| Shares Change (YoY) | -0.38% |
| Shares Change (QoQ) | -0.06% |
| Owned by Insiders (%) | 0.22% |
| Owned by Institutions (%) | 89.24% |
| Float | 289.00M |
Valuation Ratios
The trailing PE ratio is 23.55 and the forward PE ratio is 22.57. Hormel Foods's PEG ratio is 2.96.
| PE Ratio | 23.55 |
| Forward PE | 22.57 |
| PS Ratio | 1.55 |
| Forward PS | 1.53 |
| PB Ratio | 2.40 |
| P/FCF Ratio | 19.45 |
| PEG Ratio | 2.96 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.38, with an EV/FCF ratio of 21.86.
| EV / Earnings | 26.62 |
| EV / Sales | 1.74 |
| EV / EBITDA | 15.38 |
| EV / EBIT | 19.38 |
| EV / FCF | 21.86 |
Financial Position
The company has a current ratio of 1.49, with a Debt / Equity ratio of 0.42.
| Current Ratio | 1.49 |
| Quick Ratio | 0.77 |
| Debt / Equity | 0.42 |
| Debt / EBITDA | 2.41 |
| Debt / FCF | 3.42 |
| Interest Coverage | 14.88 |
Financial Efficiency
Return on equity (ROE) is 10.30% and return on invested capital (ROIC) is 7.16%.
| Return on Equity (ROE) | 10.30% |
| Return on Assets (ROA) | 5.90% |
| Return on Capital (ROIC) | 7.16% |
| Revenue Per Employee | $606,796 |
| Profits Per Employee | $39,736 |
| Employee Count | 20,000 |
| Asset Turnover | 0.90 |
| Inventory Turnover | 6.12 |
Taxes
In the past 12 months, Hormel Foods has paid $223.82 million in taxes.
| Income Tax | 223.82M |
| Effective Tax Rate | 21.97% |
Stock Price Statistics
The stock price has decreased by -13.51% in the last 52 weeks. The beta is 0.28, so Hormel Foods's price volatility has been lower than the market average.
| Beta (1Y) | 0.28 |
| 52-Week Price Change | -13.51% |
| 50-Day Moving Average | 33.01 |
| 200-Day Moving Average | 34.64 |
| Relative Strength Index (RSI) | 52.49 |
| Average Volume (30 Days) | 3,290,753 |
Short Selling Information
The latest short interest is 10.14 million, so 1.85% of the outstanding shares have been sold short.
| Short Interest | 10.14M |
| Short Previous Month | 9.98M |
| Short % of Shares Out | 1.85% |
| Short % of Float | 3.51% |
| Short Ratio (days to cover) | 2.82 |
Income Statement
In the last 12 months, Hormel Foods had revenue of $12.14 billion and earned $794.72 million in profits. Earnings per share was $1.46.
| Revenue | 12.14B |
| Gross Profit | 2.01B |
| Operating Income | 1.02B |
| Pretax Income | 1.02B |
| Net Income | 794.72M |
| EBITDA | 1.38B |
| EBIT | 1.09B |
| Earnings Per Share (EPS) | $1.46 |
Balance Sheet
The company has $981.92 million in cash and $3.31 billion in debt, giving a net cash position of -$2.33 billion or -$4.25 per share.
| Cash & Cash Equivalents | 981.92M |
| Total Debt | 3.31B |
| Net Cash | -2.33B |
| Net Cash Per Share | -$4.25 |
| Equity / Book Value | 7.84B |
| Book Value Per Share | 14.32 |
| Working Capital | 1.11B |
Cash Flow
In the last 12 months, operating cash flow was $1.25 billion and capital expenditures -$280.06 million, giving a free cash flow of $968.14 million.
| Operating Cash Flow | 1.25B |
| Capital Expenditures | -280.06M |
| Free Cash Flow | 968.14M |
| FCF Per Share | $1.77 |
Margins
Gross margin is 16.58%, with operating and profit margins of 8.44% and 6.55%.
| Gross Margin | 16.58% |
| Operating Margin | 8.44% |
| Pretax Margin | 8.39% |
| Profit Margin | 6.55% |
| EBITDA Margin | 11.34% |
| EBIT Margin | 9.00% |
| FCF Margin | 7.98% |
Dividends & Yields
This stock pays an annual dividend of $1.13, which amounts to a dividend yield of 3.29%.
| Dividend Per Share | $1.13 |
| Dividend Yield | 3.29% |
| Dividend Growth (YoY) | 4.21% |
| Years of Dividend Growth | 58 |
| Payout Ratio | 77.40% |
| Buyback Yield | 0.38% |
| Shareholder Yield | 3.67% |
| Earnings Yield | 4.22% |
| FCF Yield | 5.14% |
Analyst Forecast
The average price target for Hormel Foods is $31.00, which is -9.83% lower than the current price. The consensus rating is "Sell".
| Price Target | $31.00 |
| Price Target Difference | -9.83% |
| Analyst Consensus | Sell |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 2.73% |
| EPS Growth Forecast (5Y) | 11.13% |
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 4.04 and a Piotroski F-Score of 5.
| Altman Z-Score | 4.04 |
| Piotroski F-Score | 5 |