Hormel Foods Stock Shares Outstanding
HRL Stock | USD 30.50 0.28 0.93% |
Hormel Foods fundamentals help investors to digest information that contributes to Hormel Foods' financial success or failures. It also enables traders to predict the movement of Hormel Stock. The fundamental analysis module provides a way to measure Hormel Foods' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hormel Foods stock.
The value of Common Stock Shares Outstanding is expected to slide to about 457.6 M. Hormel | Shares Outstanding |
Hormel Foods Company Shares Outstanding Analysis
Hormel Foods' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Hormel Foods Shares Outstanding | 548.36 M |
Most of Hormel Foods' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hormel Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hormel Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Hormel Foods is extremely important. It helps to project a fair market value of Hormel Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Hormel Foods' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hormel Foods' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hormel Foods' interrelated accounts and indicators.
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Hormel Shares Outstanding Historical Pattern
Today, most investors in Hormel Foods Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hormel Foods' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hormel Foods shares outstanding as a starting point in their analysis.
Hormel Foods Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Hormel Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Hormel Foods has 548.36 M of shares currently outstending. This is 31.7% higher than that of the Food Products sector and 111.58% higher than that of the Consumer Staples industry. The shares outstanding for all United States stocks is 4.1% higher than that of the company.
Hormel Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hormel Foods' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hormel Foods could also be used in its relative valuation, which is a method of valuing Hormel Foods by comparing valuation metrics of similar companies.Hormel Foods is currently under evaluation in shares outstanding category among its peers.
Hormel Foods ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hormel Foods' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hormel Foods' managers, analysts, and investors.Environmental | Governance | Social |
Hormel Fundamentals
Return On Equity | 0.1 | ||||
Return On Asset | 0.0516 | ||||
Profit Margin | 0.07 % | ||||
Operating Margin | 0.09 % | ||||
Current Valuation | 18.6 B | ||||
Shares Outstanding | 548.36 M | ||||
Shares Owned By Insiders | 0.22 % | ||||
Shares Owned By Institutions | 87.97 % | ||||
Number Of Shares Shorted | 7.11 M | ||||
Price To Earning | 27.15 X | ||||
Price To Book | 2.07 X | ||||
Price To Sales | 1.38 X | ||||
Revenue | 12.11 B | ||||
Gross Profit | 2 B | ||||
EBITDA | 1.31 B | ||||
Net Income | 792.92 M | ||||
Cash And Equivalents | 982.11 M | ||||
Cash Per Share | 1.59 X | ||||
Total Debt | 3.31 B | ||||
Debt To Equity | 0.45 % | ||||
Current Ratio | 2.40 X | ||||
Book Value Per Share | 14.35 X | ||||
Cash Flow From Operations | 1.05 B | ||||
Short Ratio | 3.68 X | ||||
Earnings Per Share | 1.43 X | ||||
Price To Earnings To Growth | 2.50 X | ||||
Target Price | 31.85 | ||||
Number Of Employees | 20 K | ||||
Beta | 0.25 | ||||
Market Capitalization | 16.57 B | ||||
Total Asset | 13.45 B | ||||
Retained Earnings | 7.49 B | ||||
Working Capital | 985.47 M | ||||
Current Asset | 2.03 B | ||||
Current Liabilities | 1.05 B | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 1.97 % | ||||
Net Asset | 13.45 B | ||||
Last Dividend Paid | 1.12 |
About Hormel Foods Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hormel Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hormel Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hormel Foods based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.075 | Dividend Share 1.123 | Earnings Share 1.43 | Revenue Per Share 21.882 | Quarterly Revenue Growth (0.02) |
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.