The Hershey Company (HSY)
| Market Cap | 38.35B |
| Revenue (ttm) | 11.16B |
| Net Income (ttm) | 1.86B |
| Shares Out | 203.95M |
| EPS (ttm) | 9.06 |
| PE Ratio | 20.77 |
| Forward PE | 19.40 |
| Dividend | $5.48 (2.91%) |
| Ex-Dividend Date | Feb 16, 2024 |
| Volume | 1,629,322 |
| Open | 185.89 |
| Previous Close | 187.08 |
| Day's Range | 184.92 - 188.89 |
| 52-Week Range | 178.82 - 276.88 |
| Beta | 0.33 |
| Analysts | Hold |
| Price Target | 218.22 (+15.99%) |
| Earnings Date | May 3, 2024 |
About HSY
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack item... [Read more]
Financial Performance
In 2023, HSY's revenue was $11.16 billion, an increase of 7.16% compared to the previous year's $10.42 billion. Earnings were $1.86 billion, an increase of 13.19%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for HSY stock is "Hold." The 12-month stock price forecast is $218.22, which is an increase of 15.99% from the latest price.
News
These are the factors driving cocoa prices to all-time highs
CNBC's Frank Holland discusses the factors fueling cocoa's price increases and which commodity appears to be next for a surge.
Rising Rates & Dividends: These are the dividend stocks you should own
Matt Powers, Powers Advisory Group President, joins CNBC's 'Halftime Report' to discuss his newest dividend stock buys.
Hershey to Webcast First-Quarter Conference Call
HERSHEY, Pa. , April 9, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) announced today that it will release its first-quarter sales and earnings results on Friday, May 3, 2024, and hold a confer...
MAI Capital's Grisanti offers 3 buys and a bail: Bristol Myers Squibb, Verizon, Hershey & Boeing
Chris Grisanti, MAI Capital Management chief equity strategist, joins 'The Exchange' to discuss how to trade Bristol Myers Squibb, Verizon, Hershey, and Boeing.
Mondelez, Hershey, Nestle stocks retreat as cocoa prices surge
Mondelez, Hershey, and Nestle stock prices have retreated as concerns about the cocoa market intensified. Nestle, the giant Swiss giant, retreated to CHF 95.55 on Thursday, 18% below its highest level...
Why an early Easter could cost retailers $1.6 billion this year
The National Retail Federation estimates that spending for the springtime holiday, which falls on March 31 this year, should total $22.4 billion, almost a 7% decline from last year's record-setting ma...
Hershey, Mondelez bet big on Easter as cocoa price crisis looms
Hershey , Mondelez and other confection-makers are employing promotions and pitching more non-chocolate Easter treats like cookies 'n' cream bunnies at a time when soaring cocoa prices threaten their ...
Could a looming chocolate crisis shake Easter after cocoa prices nearly doubled?
Easter is almost here, and record-high prices for cocoa shouldn't squash the celebratory mood for parents looking to fill their children's baskets with chocolate bunnies and candy-filled plastic eggs.
Sally Hansen® Partners With HERSHEY'S KISSES Brand for an Indulgent New Nail Collection Almost Good Enough to Eat
NEW YORK--(BUSINESS WIRE)--Hershey's press release for Sally Hansen.
With increased cocoa prices worldwide, should you short chocolate stocks?
Cocoa as a commodity has soared lately. The cocoa price rose by more than 150% in just over a year to an all-time high of $5,874 per ton on February 8th, only to smash its own record this week with a ...
Hershey Presents at 2024 CAGNY Conference; Reaffirms Earnings Outlook for 2024
HERSHEY, Pa. , Feb. 20, 2024 /PRNewswire/ -- In a presentation today at the 2024 Consumer Analyst Group of New York (CAGNY) conference, Michele G.
These six top stocks are making Valentine's Day shine, should you buy?
Love is in the air – at least, for certain picks on the stock market it is. America's National Retail Federation says that nearly $26 billion will be spent on Valentines Day this year in the U.S. alon...
Why chocolate lovers will pay more this Valentine's Day than they have in years
Cocoa prices have reached their highest levels on record, just in time for one of the biggest chocolate-buying holidays of the year: Valentine's Day.
Chocolate maker Hershey issues warning over record cocoa prices
US firm expects rising costs to hit profits and sales as consumers cut spending on treats
Hershey cuts jobs after soaring cocoa costs hurt candy sales
Hersey announced plans to implement a round of layoffs after reporting that inflation-ridden cocoa sent its candy prices higher and deterred consumers.
Hershey CEO: We are predicting 2 to 3% sales growth this year
Hershey CEO Michele Buck joins 'Squawk on the Street' to discuss Buck's insight into the consumer, the dynamic between higher prices and volume sacrifices, and snacking trends in North America.
Hershey's Kissed Off Cocoa Prices. The Surprise Was Sweet.
Hershey is highly exposed to soaring cocoa costs. The company generates over 90% of its revenue in the U.S.
Hershey reports Q4 earnings beat, but shares fall on weak outlook
Hershey Corp. HSY, -0.27% reported a fourth-quarter earnings beat before market open Thursday, although shares fell 3% in premarket trades, weighed down by weaker-than-expected sales and guidance. The...
Hershey looks to cut jobs as it projects a dour 2024
Hershey on Thursday disclosed it was cutting jobs and would incur up to $60 million in costs, after the chocolate maker projected its full-year sales and profit below estimates.
Hershey Raises Quarterly Dividends
HERSHEY, Pa. , Feb. 8, 2024 /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $1.370 on the Common Stock and $1.245 on the Class B Common...
Hershey Reports Fourth-Quarter and Full-Year 2023 Financial Results; Provides 2024 Outlook
HERSHEY, Pa. , Feb. 8, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the fourth quarter and full-year ended December 31, 2023.
Hershey Webcast Presentation at 2024 CAGNY Conference
HERSHEY, Pa. , Feb. 5, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) announced today that it will make a presentation at the 2024 Consumer Analyst Group of New York (CAGNY) conference in Boca R...
Hershey to Webcast Fourth-Quarter Conference Call
HERSHEY, Pa. , Jan. 5, 2024 /PRNewswire/ -- The Hershey Company (NYSE:HSY) announced today that it will release its fourth-quarter sales and earnings results on Thursday, February 8, 2024, and hold a ...
Ozempic and other weight-loss drugs' popularity set these stocks up for big gains
Investors have such high hopes for popular weight-loss medications like Wegovy and Ozempic, the wonder drugs have sent shock waves through the stock market.