Shares of Hershey Company have moved -3.0% today, and are now trading at a price of $252.06. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 507,867 compared to the stock's average volume of 1,026,806.
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. Based in Hershey, United States the company has 18,075 full time employees and a market cap of $51,521,302,528. Hershey Company currently offers its equity investors a dividend that yields 1.5% per year.
The company is now trading -8.98% away from its average analyst target price of $276.94 per share. The 18 analysts following the stock have set target prices ranging from $250.0 to $310.0, and on average give Hershey Company a rating of hold.
Over the last year, HSY shares have gone up 18.7%, which represents a difference of 4.0% when compared to the S&P 500. The stock's 52 week high is $276.88 per share whereas its 52 week low is $211.49. With its gross margins declining a compounded average of -1.2% over the last 4 years, Hershey Company may not have a strong enough business to maintain this trend.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 10,419,294 | 5,920,509 | 43.18 | -4.32 |
| 2021-12-31 | 8,971,337 | 4,922,739 | 45.13 | -0.64 |
| 2020-12-31 | 8,149,719 | 4,448,450 | 45.42 | 0.13 |
| 2019-12-31 | 7,986,252 | 4,363,774 | 45.36 | n/a |
