What Hormel Foods (HRL) Investors Need to Know Today

After moving -1.2% during today's evening session, Hormel Foods is now trading at a price of $32.02 per share. On average, analysts give it a target price of $38.17.

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 Investors Should Consider This:

  • Hormel Foods has moved -28.0% over the last year.

  • The company has a price to earnings growth (PEG) ratio of 4.45. A number between 0 and 1 could mean that the market is undervaluing Hormel Foods's estimated growth potential

  • Its Price to Book (P/B) ratio is 2.27

  • Hormel Foods currently returns an annual dividend yield of 3.3%.

Understanding Hormel Foods's Operating Margins

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2022-12-06 12,458,806 -879,265 10 11.11
2021-12-10 11,386,189 -853,071 9 -18.18
2020-12-04 9,608,462 -761,315 11 -8.33
2019-12-06 9,497,317 -727,584 12 0.0
2018-12-07 9,545,700 -841,205 12 -14.29
2017-12-20 9,167,519 -762,104 14

Over the last 6 years, Hormel Foods's operating margins have averaged 11.3%, which is comparable to the Food industry average of 11.77%. The firm's margins exhibit a relatively stable growth trend of -5.0%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.