Hormel Foods Stock Today
| HRL Stock | USD 30.34 0.12 0.40% |
Performance0 of 100
| Odds Of DistressLess than 5
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Hormel Foods is selling for 30.34 as of the 21st of November 2024. This is a 0.40% increase since the beginning of the trading day. The stock's lowest day price was 29.67. Hormel Foods has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Note, on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Hormel Foods's common stock.
Business Domain Food, Beverage & Tobacco | IPO Date 2nd of January 1990 | Category Consumer Defensive | Classification Consumer Staples |
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota. The company has 548.36 M outstanding shares of which 7.11 M shares are currently shorted by investors with about 3.68 days to cover. More on Hormel Foods
Moving against Hormel Stock
Hormel Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Vice President Treasurer | Gary Jamison | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Hansa Resources Ltd, Hornigold REIT SA, HRL Holdings Ltd] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Packaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NYSE Composite, SP 500 Index, Food Products, Corona Opportunity, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsHormel Foods can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hormel Foods' financial leverage. It provides some insight into what part of Hormel Foods' total assets is financed by creditors.
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Hormel Foods (HRL) is traded on New York Stock Exchange in USA. It is located in 1 Hormel Place, Austin, MN, United States, 55912-3680 and employs 20,000 people. Hormel Foods is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 16.57 B. Hormel Foods runs under Food Products sector within Consumer Staples industry. The entity has 548.36 M outstanding shares of which 7.11 M shares are currently shorted by investors with about 3.68 days to cover.
Hormel Foods has about 982.11 M in cash with 1.05 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59.
Check Hormel Foods Probability Of Bankruptcy
Ownership AllocationHormel Foods has a total of 548.36 Million outstanding shares. The majority of Hormel Foods outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hormel Foods to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hormel Foods. Please pay attention to any change in the institutional holdings of Hormel Foods as this could imply that something significant has changed or is about to change at the company. Please note that on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Hormel Foods's common stock.
Check Hormel Ownership Details
Hormel Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 3.1 M | |
| Stifel Financial Corp | 2024-06-30 | 3.1 M | |
| Millennium Management Llc | 2024-06-30 | 3.1 M | |
| Northern Trust Corp | 2024-09-30 | 2.7 M | |
| Gates Bill & Melinda Foundation | 2024-09-30 | 2.2 M | |
| Legal & General Group Plc | 2024-06-30 | 2.2 M | |
| First Trust Advisors L.p. | 2024-06-30 | 2.2 M | |
| Goldman Sachs Group Inc | 2024-06-30 | 2.1 M | |
| Ubs Asset Mgmt Americas Inc | 2024-09-30 | 2 M | |
| Vanguard Group Inc | 2024-09-30 | 37 M | |
| Blackrock Inc | 2024-06-30 | 25.5 M |
Hormel Foods Historical Income Statement
Hormel Stock Against Markets
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.