Hormel Foods Corporation (HRL)
NYSE: HRL · IEX Real-Time Price · USD
30.97
+0.10 (0.32%)
Jul 12, 2024, 4:00 PM EDT - Market closed

Hormel Foods Statistics

Total Valuation

Hormel Foods has a market cap or net worth of $16.98 billion. The enterprise value is $19.28 billion.

Market Cap 16.98B
Enterprise Value 19.28B

Important Dates

The next estimated earnings date is Thursday, August 29, 2024, before market open.

Earnings Date Aug 29, 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 (%) 88.52%
Float 289.59M

Valuation Ratios

The trailing PE ratio is 22.12 and the forward PE ratio is 19.46. Hormel Foods's PEG ratio is 2.96.

PE Ratio 22.12
Forward PE 19.46
PS Ratio 1.41
Forward PS 1.37
PB Ratio 2.15
P/FCF Ratio 17.15
PEG Ratio 2.96
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.31, with an EV/FCF ratio of 19.47.

EV / Earnings 25.15
EV / Sales 1.60
EV / EBITDA 14.31
EV / EBIT 18.18
EV / FCF 19.47

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 -20.89% in the last 52 weeks. The beta is 0.24, so Hormel Foods's price volatility has been lower than the market average.

Beta (5Y) 0.24
52-Week Price Change -20.89%
50-Day Moving Average 32.51
200-Day Moving Average 32.74
Relative Strength Index (RSI) 49.27
Average Volume (20 Days) 2,185,902

Short Selling Information

The latest short interest is 9.55 million, so 1.74% of the outstanding shares have been sold short.

Short Interest 9.55M
Short Previous Month 8.46M
Short % of Shares Out 1.74%
Short % of Float 3.30%
Short Ratio (days to cover) 3.15

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 3.65%.

Dividend Per Share $1.13
Dividend Yield 3.65%
Dividend Growth (YoY) 3.46%
Years of Dividend Growth 58
Payout Ratio 80.71%
Buyback Yield 0.06%
Shareholder Yield 3.71%
Earnings Yield 4.52%
FCF Yield 5.83%
Dividend Details

Analyst Forecast

The average price target for Hormel Foods is $32.20, which is 3.97% higher than the current price. The consensus rating is "Hold".

Price Target $32.20
Price Target Difference 3.97%
Analyst Consensus Hold
Analyst Count 5
Revenue Growth Forecast (5Y) 2.82%
EPS Growth Forecast (5Y) 9.50%
Stock Forecasts

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 3.63 and a Piotroski F-Score of 6.

Altman Z-Score 3.63
Piotroski F-Score 6