Hormel Foods Corp. Stock
Hormel Foods Corp. Stock
Hormel Foods Corp. gained 0.670% compared to yesterday.
Hormel Foods Corp. is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
With a target price of 26 € there is a positive potential of 24.34% for Hormel Foods Corp. compared to the current price of 20.91 €.
Pros and Cons of Hormel Foods Corp. in the next few years
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Performance of Hormel Foods Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Hormel Foods Corp. | 0.670% | 4.498% | 11.490% | -32.679% | -31.240% | -53.554% | -46.494% |
| Archer-Daniels-Midland Co. | -0.290% | -3.209% | 3.450% | 2.581% | 4.560% | -41.476% | 21.525% |
| Kraft Heinz Co | -0.970% | -4.214% | -0.523% | -28.415% | -28.659% | -44.661% | -25.706% |
| Mccormick & Comp. | -0.220% | -6.534% | -3.308% | -26.381% | -25.900% | -32.203% | -29.804% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-05-20
In general, Hormel Foods Corporation (HRL) appears to have a solid financial standing, given its well-established presence in the Food & Tobacco industry. The company's total assets have grown consistently over the past two fiscal years, indicating an expansion in its business and stability. However, a deeper analysis of the financial statements is required to better understand the pros and cons of this company.
*Pros: *
Growing Total Assets: The total assets of Hormel Foods have increased from $9.9 billion in 2020 to $13.3 billion in 2022. This growth suggests that the company is expanding and possibly investing in new avenues that could improve its overall performance.
Comments
Hormel Foods (NYSE:HRL) had its price target raised by analysts at JPMorgan Chase & Co. from $27.00 to $28.00. They now have an "overweight" rating on the stock.
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Ratings data for HRL provided by MarketBeat
Hormel Foods (NYSE:HRL) had its price target lowered by analysts at JPMorgan Chase & Co. from $30.00 to $27.00. They now have an "overweight" rating on the stock.
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Ratings data for HRL provided by MarketBeat
Hormel Foods (NYSE:HRL) had its price target lowered by analysts at JPMorgan Chase & Co. from $34.00 to $30.00. They now have an "overweight" rating on the stock.
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Ratings data for HRL provided by MarketBeat