Hormel Foods Corp. Stock
Hormel Foods Corp. Stock
We can see a decrease in the price for Hormel Foods Corp.. Compared to yesterday it has lost -€0.420 (-1.290%).
Currently there is a rather negative sentiment for Hormel Foods Corp. with 0 Buy predictions and 5 Sell predictions..
This results in a negative potential of -22.5% based on a current price of 32.26 € and a target price of 25 € for the stock.
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. | -1.290% | -1.030% | 2.093% | -12.597% | 12.884% | -17.516% | -8.395% |
| J.M. Smucker Corp. | -1.090% | -1.036% | -2.865% | -26.811% | -7.564% | -6.453% | -4.455% |
| Campbell Soup Co. | -0.720% | -0.525% | 4.354% | -15.484% | 7.198% | 2.457% | 22.431% |
| Mccormick & Comp. | -0.140% | -0.961% | 0.632% | -13.178% | 13.910% | -7.005% | 2.575% |
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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 Co. (NYSE: HRL) had its price target raised by analysts at JPMorgan Chase & Co. from $27.00 to $28.00. They now have an "underweight" rating on the stock.
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Ratings data for HRL provided by MarketBeat
Hormel Foods Co. (NYSE: HRL) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $26.00 to $28.00. They now have a "sell" rating on the stock.
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Ratings data for HRL provided by MarketBeat
Hormel Foods Co. (NYSE: HRL) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $29.00 to $26.00. They now have a "sell" rating on the stock.
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Ratings data for HRL provided by MarketBeat