Hormel Foods Net Worth
Hormel Foods Net Worth Breakdown | HRL |
Hormel Foods Net Worth Analysis
Hormel Foods' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Hormel Foods' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Hormel Foods' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Hormel Foods' net worth analysis. One common approach is to calculate Hormel Foods' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Hormel Foods' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Hormel Foods' net worth. This approach calculates the present value of Hormel Foods' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Hormel Foods' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Hormel Foods' net worth. This involves comparing Hormel Foods' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Hormel Foods' net worth relative to its peers.
Enterprise Value |
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To determine if Hormel Foods is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hormel Foods' net worth research are outlined below:
Hormel Foods generated a negative expected return over the last 90 days | |
Over 88.0% of the company shares are owned by institutional investors | |
Latest headline from simplywall.st: Life Foods Third Quarter 2025 Earnings EPS JP36.02 |
Hormel Foods Quarterly Good Will |
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Hormel Foods uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Hormel Foods. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hormel Foods' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
7th of March 2024 Upcoming Quarterly Report | View | |
6th of June 2024 Next Financial Report | View | |
31st of January 2024 Next Fiscal Quarter End | View | |
4th of December 2024 Next Fiscal Year End | View | |
31st of October 2023 Last Quarter Report | View | |
31st of October 2023 Last Financial Announcement | View |
Hormel Foods Target Price Consensus
Hormel target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Hormel Foods' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
12 | Hold |
Most Hormel analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Hormel stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Hormel Foods, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHormel Foods Target Price Projection
Hormel Foods' current and average target prices are 29.93 and 32.03, respectively. The current price of Hormel Foods is the price at which Hormel Foods is currently trading. On the other hand, Hormel Foods' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Hormel Foods Market Quote on 18th of January 2025
Target Price
Analyst Consensus On Hormel Foods Target Price
Know Hormel Foods' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hormel Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hormel Foods backward and forwards among themselves. Hormel Foods' institutional investor refers to the entity that pools money to purchase Hormel Foods' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Norges Bank | 2024-06-30 | 3.1 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 3.1 M | Goldman Sachs Group Inc | 2.7 M | Northern Trust Corp | 2024-09-30 | 2.7 M | Holocene Advisors, Lp | 2024-09-30 | 2.2 M | Gates Bill & Melinda Foundation | 2024-09-30 | 2.2 M | First Trust Advisors L.p. | 2024-09-30 | 2.2 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 2 M | Legal & General Group Plc | 2024-09-30 | 1.9 M | Vanguard Group Inc | 2024-09-30 | 37 M | Blackrock Inc | 2024-09-30 | 25.7 M |
Follow Hormel Foods' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 16.41 B.Market Cap |
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Project Hormel Foods' profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.15 | 0.10 | |
Return On Capital Employed | 0.10 | 0.20 | |
Return On Assets | 0.07 | 0.07 | |
Return On Equity | 0.13 | 0.12 |
When accessing Hormel Foods' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Hormel Foods' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hormel Foods' profitability and make more informed investment decisions.
Evaluate Hormel Foods' management efficiency
Hormel Foods has Return on Asset of 0.0516 % which means that on every $100 spent on assets, it made $0.0516 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1001 %, implying that it generated $0.1001 on every 100 dollars invested. Hormel Foods' management efficiency ratios could be used to measure how well Hormel Foods manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.20 this year, although the value of Return On Tangible Assets will most likely fall to 0.1. At this time, Hormel Foods' Intangible Assets are quite stable compared to the past year. Net Tangible Assets is expected to rise to about 1.3 B this year, although the value of Deferred Long Term Asset Charges will most likely fall to about 21.4 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 12.91 | 13.55 | |
Tangible Book Value Per Share | 0.43 | 0.41 | |
Enterprise Value Over EBITDA | 18.56 | 19.49 | |
Price Book Value Ratio | 3.33 | 2.29 | |
Enterprise Value Multiple | 18.56 | 19.49 | |
Price Fair Value | 3.33 | 2.29 | |
Enterprise Value | 2.2 B | 1.3 B |
The strategic initiatives led by Hormel Foods' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 1.5387 | Revenue | Quarterly Revenue Growth (0.02) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hormel Foods insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hormel Foods' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hormel Foods insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Schoneman Debbra L. over three months ago Insider Trading | ||
Losness-larson Katherine M over six months ago Acquisition by Losness-larson Katherine M of 830 shares of Hormel Foods at 30.12 subject to Rule 16b-3 | ||
Jacinth Smiley over six months ago Disposition of 6822 shares by Jacinth Smiley of Hormel Foods at 30.98 subject to Rule 16b-3 | ||
Mark Coffey over six months ago Disposition of 15400 shares by Mark Coffey of Hormel Foods at 26.38 subject to Rule 16b-3 | ||
Steven White over a year ago Acquisition by Steven White of 1587 shares of Hormel Foods subject to Rule 16b-3 | ||
Steven White over a year ago Bona fide gift to Steven White of 6783 shares of Hormel Foods subject to Section 16 |
Hormel Foods Corporate Filings
8K | 14th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
18th of December 2024 Other Reports | ViewVerify | |
F4 | 12th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
11th of December 2024 Other Reports | ViewVerify |
Hormel Foods Earnings Estimation Breakdown
The calculation of Hormel Foods' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Hormel Foods is estimated to be 0.3924 with the future projection ranging from a low of 0.37 to a high of 0.42. Please be aware that this consensus of annual earnings estimates for Hormel Foods is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.37 Lowest | Expected EPS | 0.42 Highest |
Hormel Foods Earnings Projection Consensus
Suppose the current estimates of Hormel Foods' value are higher than the current market price of the Hormel Foods stock. In this case, investors may conclude that Hormel Foods is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Hormel Foods' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of January 2025 | Current EPS (TTM) | |
12 | 95.0% | 0.42 | 0.3924 | 1.47 |
Hormel Foods Earnings History
Earnings estimate consensus by Hormel Foods analysts from Wall Street is used by the market to judge Hormel Foods' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Hormel Foods' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Hormel Foods Quarterly Gross Profit |
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Hormel Foods Earnings per Share Projection vs Actual
Actual Earning per Share of Hormel Foods refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Hormel Foods predict the company's earnings will be in the future. The higher the earnings per share of Hormel Foods, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Hormel Foods Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Hormel Foods, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Hormel Foods should always be considered in relation to other companies to make a more educated investment decision.Hormel Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Hormel Foods' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2024-11-27 | 2024-10-31 | 0.4249 | 0.42 | -0.0049 | 1 | ||
2024-09-04 | 2024-07-31 | 0.36 | 0.37 | 0.01 | 2 | ||
2024-05-30 | 2024-04-30 | 0.36 | 0.38 | 0.02 | 5 | ||
2024-02-29 | 2024-01-31 | 0.33 | 0.41 | 0.08 | 24 | ||
2023-11-29 | 2023-10-31 | 0.44 | 0.42 | -0.02 | 4 | ||
2023-08-31 | 2023-07-31 | 0.41 | 0.4 | -0.01 | 2 | ||
2023-06-01 | 2023-04-30 | 0.4 | 0.4 | 0.0 | 0 | ||
2023-03-02 | 2023-01-31 | 0.45 | 0.4 | -0.05 | 11 | ||
2022-11-30 | 2022-10-31 | 0.5 | 0.51 | 0.01 | 2 | ||
2022-09-01 | 2022-07-31 | 0.41 | 0.4 | -0.01 | 2 | ||
2022-06-02 | 2022-04-30 | 0.47 | 0.48 | 0.01 | 2 | ||
2022-03-01 | 2022-01-31 | 0.44 | 0.44 | 0.0 | 0 | ||
2021-12-09 | 2021-10-31 | 0.5 | 0.51 | 0.01 | 2 | ||
2021-09-02 | 2021-07-31 | 0.39 | 0.39 | 0.0 | 0 | ||
2021-05-20 | 2021-04-30 | 0.41 | 0.42 | 0.01 | 2 | ||
2021-02-18 | 2021-01-31 | 0.41 | 0.41 | 0.0 | 0 | ||
2020-11-24 | 2020-10-31 | 0.44 | 0.43 | -0.01 | 2 | ||
2020-08-25 | 2020-07-31 | 0.34 | 0.37 | 0.03 | 8 | ||
2020-05-21 | 2020-04-30 | 0.43 | 0.42 | -0.01 | 2 | ||
2020-02-20 | 2020-01-31 | 0.46 | 0.45 | -0.01 | 2 | ||
2019-11-26 | 2019-10-31 | 0.46 | 0.47 | 0.01 | 2 | ||
2019-08-22 | 2019-07-31 | 0.36 | 0.37 | 0.01 | 2 | ||
2019-05-23 | 2019-04-30 | 0.45 | 0.46 | 0.01 | 2 | ||
2019-02-21 | 2019-01-31 | 0.44 | 0.44 | 0.0 | 0 | ||
2018-11-20 | 2018-10-31 | 0.49 | 0.51 | 0.02 | 4 | ||
2018-08-23 | 2018-07-31 | 0.39 | 0.39 | 0.0 | 0 | ||
2018-05-24 | 2018-04-30 | 0.45 | 0.44 | -0.01 | 2 | ||
2018-02-22 | 2018-01-31 | 0.44 | 0.44 | 0.0 | 0 | ||
2017-11-21 | 2017-10-31 | 0.4 | 0.41 | 0.01 | 2 | ||
2017-08-24 | 2017-07-31 | 0.37 | 0.34 | -0.03 | 8 | ||
2017-05-25 | 2017-04-30 | 0.4 | 0.39 | -0.01 | 2 | ||
2017-02-23 | 2017-01-31 | 0.45 | 0.44 | -0.01 | 2 | ||
2016-11-22 | 2016-10-31 | 0.46 | 0.45 | -0.01 | 2 | ||
2016-08-18 | 2016-07-31 | 0.35 | 0.36 | 0.01 | 2 | ||
2016-05-18 | 2016-04-30 | 0.39 | 0.4 | 0.01 | 2 | ||
2016-02-16 | 2016-01-31 | 0.37 | 0.43 | 0.06 | 16 | ||
2015-11-24 | 2015-10-31 | 0.35 | 0.37 | 0.02 | 5 | ||
2015-08-19 | 2015-07-31 | 0.27 | 0.28 | 0.01 | 3 | ||
2015-05-20 | 2015-04-30 | 0.31 | 0.34 | 0.03 | 9 | ||
2015-02-19 | 2015-01-31 | 0.32 | 0.35 | 0.03 | 9 | ||
2014-11-25 | 2014-10-31 | 0.32 | 0.32 | 0.0 | 0 | ||
2014-08-21 | 2014-07-31 | 0.24 | 0.26 | 0.02 | 8 | ||
2014-05-21 | 2014-04-30 | 0.28 | 0.26 | -0.02 | 7 | ||
2014-02-20 | 2014-01-31 | 0.29 | 0.28 | -0.01 | 3 | ||
2013-11-26 | 2013-10-31 | 0.27 | 0.29 | 0.02 | 7 | ||
2013-08-22 | 2013-07-31 | 0.22 | 0.21 | -0.01 | 4 | ||
2013-05-23 | 2013-04-30 | 0.24 | 0.25 | 0.01 | 4 | ||
2013-02-21 | 2013-01-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2012-11-20 | 2012-10-31 | 0.25 | 0.25 | 0.0 | 0 | ||
2012-08-23 | 2012-07-31 | 0.21 | 0.21 | 0.0 | 0 | ||
2012-05-23 | 2012-04-30 | 0.21 | 0.24 | 0.03 | 14 | ||
2012-02-23 | 2012-01-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2011-11-22 | 2011-10-31 | 0.21 | 0.22 | 0.01 | 4 | ||
2011-08-25 | 2011-07-31 | 0.17 | 0.18 | 0.01 | 5 | ||
2011-05-25 | 2011-04-30 | 0.2 | 0.2 | 0.0 | 0 | ||
2011-02-22 | 2011-01-31 | 0.22 | 0.28 | 0.06 | 27 | ||
2010-11-23 | 2010-10-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2010-08-20 | 2010-07-31 | 0.15 | 0.16 | 0.01 | 6 | ||
2010-05-19 | 2010-04-30 | 0.15 | 0.17 | 0.02 | 13 | ||
2010-02-18 | 2010-01-31 | 0.17 | 0.21 | 0.04 | 23 | ||
2009-11-24 | 2009-10-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2009-08-20 | 2009-07-31 | 0.13 | 0.14 | 0.01 | 7 | ||
2009-05-21 | 2009-04-30 | 0.12 | 0.15 | 0.03 | 25 | ||
2009-02-19 | 2009-01-31 | 0.13 | 0.15 | 0.02 | 15 | ||
2008-11-25 | 2008-10-31 | 0.12 | 0.13 | 0.01 | 8 | ||
2008-08-21 | 2008-07-31 | 0.1 | 0.1 | 0.0 | 0 | ||
2008-05-22 | 2008-04-30 | 0.14 | 0.14 | 0.0 | 0 | ||
2008-02-15 | 2008-01-31 | 0.15 | 0.16 | 0.01 | 6 | ||
2007-11-20 | 2007-10-31 | 0.16 | 0.18 | 0.02 | 12 | ||
2007-08-23 | 2007-07-31 | 0.1 | 0.1 | 0.0 | 0 | ||
2007-05-24 | 2007-04-30 | 0.13 | 0.12 | -0.01 | 7 | ||
2007-02-16 | 2007-01-31 | 0.14 | 0.14 | 0.0 | 0 | ||
2006-11-22 | 2006-10-31 | 0.16 | 0.16 | 0.0 | 0 | ||
2006-08-24 | 2006-07-31 | 0.11 | 0.11 | 0.0 | 0 | ||
2006-05-25 | 2006-04-30 | 0.11 | 0.12 | 0.01 | 9 | ||
2006-02-27 | 2006-01-31 | 0.12 | 0.13 | 0.01 | 8 | ||
2005-11-23 | 2005-10-31 | 0.14 | 0.15 | 0.01 | 7 | ||
2005-08-25 | 2005-07-31 | 0.09 | 0.09 | 0.0 | 0 | ||
2005-05-26 | 2005-04-30 | 0.1 | 0.1 | 0.0 | 0 | ||
2005-02-22 | 2005-01-31 | 0.11 | 0.12 | 0.01 | 9 | ||
2004-11-24 | 2004-10-31 | 0.12 | 0.13 | 0.01 | 8 | ||
2004-08-19 | 2004-07-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2004-05-20 | 2004-04-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2004-02-19 | 2004-01-31 | 0.09 | 0.09 | 0.0 | 0 | ||
2003-11-26 | 2003-10-31 | 0.12 | 0.13 | 0.01 | 8 | ||
2003-08-21 | 2003-07-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2003-05-22 | 2003-04-30 | 0.06 | 0.06 | 0.0 | 0 | ||
2003-02-20 | 2003-01-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2002-11-27 | 2002-10-31 | 0.12 | 0.12 | 0.0 | 0 | ||
2002-08-15 | 2002-07-31 | 0.07 | 0.07 | 0.0 | 0 | ||
2002-05-16 | 2002-04-30 | 0.06 | 0.06 | 0.0 | 0 | ||
2002-02-14 | 2002-01-31 | 0.09 | 0.09 | 0.0 | 0 | ||
2001-11-21 | 2001-10-31 | 0.12 | 0.12 | 0.0 | 0 | ||
2001-08-16 | 2001-07-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2001-05-17 | 2001-04-30 | 0.07 | 0.07 | 0.0 | 0 | ||
2001-02-15 | 2001-01-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2000-11-22 | 2000-10-31 | 0.11 | 0.11 | 0.0 | 0 | ||
2000-08-17 | 2000-07-31 | 0.06 | 0.05 | -0.01 | 16 | ||
2000-05-18 | 2000-04-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2000-02-17 | 2000-01-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1999-11-23 | 1999-10-31 | 0.09 | 0.1 | 0.01 | 11 | ||
1999-08-19 | 1999-07-31 | 0.05 | 0.05 | 0.0 | 0 | ||
1999-05-20 | 1999-04-30 | 0.05 | 0.05 | 0.0 | 0 | ||
1999-02-18 | 1999-01-31 | 0.06 | 0.07 | 0.01 | 16 | ||
1998-11-25 | 1998-10-31 | 0.08 | 0.08 | 0.0 | 0 | ||
1998-08-13 | 1998-07-31 | 0.04 | 0.04 | 0.0 | 0 | ||
1998-05-14 | 1998-04-30 | 0.04 | 0.04 | 0.0 | 0 | ||
1998-02-12 | 1998-01-31 | 0.04 | 0.05 | 0.01 | 25 | ||
1997-11-26 | 1997-10-31 | 0.07 | 0.07 | 0.0 | 0 | ||
1997-08-14 | 1997-07-31 | 0.03 | 0.03 | 0.0 | 0 | ||
1997-05-15 | 1997-04-30 | 0.04 | 0.04 | 0.0 | 0 | ||
1997-02-13 | 1997-01-31 | 0.03 | 0.03 | 0.0 | 0 | ||
1996-11-27 | 1996-10-31 | 0.04 | 0.06 | 0.02 | 50 | ||
1996-08-15 | 1996-07-31 | 0.01 | 0.01 | 0.0 | 0 | ||
1996-05-16 | 1996-04-30 | 0.04 | 0.04 | 0.0 | 0 | ||
1996-02-14 | 1996-01-31 | 0.04 | 0.03 | -0.01 | 25 | ||
1995-11-21 | 1995-10-31 | 0.06 | 0.06 | 0.0 | 0 |
Hormel Foods Corporate Directors
Terrel Crews | Independent Director | Profile | |
Christopher Policinski | Lead Independent Director | Profile | |
Sally Smith | Independent Director | Profile | |
Gary Bhojwani | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hormel Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 | Earnings Share 1.47 | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
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.