Hormel Foods Corp
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What to Expect from Tyson Foods’ Q2 Results
On April 29, Piper Sandler lowered its target price for Tyson Foods stock to $66 from $100. Bernstein lowered its target price to $65 from $88.
Beyond Meat Rose 11%: Will the Momentum Continue?
Soon, plant-based meat might find its way into your favorite McDonald’s (MCD) burgers. Beyond Meat (BYND) rose 11.5% on Thursday.
Kellogg and Hormel Foods Chase Beyond Meat’s Success
Looking to replicate Beyond Meat’s astounding growth, Kellogg (K) introduced “Incogmeato” on Wednesday, which is a plant-based meat alternative.
Which Consumer Stocks Caught Investors’ Attention Last Week?
This year has been better for the consumer discretionary sector than the consumer staples sector and the S&P 500.
Hormel Foods’ Bottom-Line Performance Was Marred by Costs
In the trailing 12 quarters, Hormel Foods (HRL) has beaten EPS estimates five times and matched or missed estimates in the remaining quarters.
What Are Analysts Saying for Hormel Foods as We Near End of 2018?
The majority of analysts maintain a “hold” rating for Hormel Foods (HRL).
Why Hormel Foods Stock Has Surged 18.6% in 2018
Hormel Foods (HRL) has delivered year-to-date stock gains of 18.6% as of December 17.
What’s Driving Hormel Foods Stock in 2018?
On November 20, Hormel Foods (HRL) stock fell 0.9% after the company announced its fourth-quarter results.
What’s Backing the Uptrend in Hormel Foods Stock?
Hormel Foods (HRL) is another company in the consumer staples industry that has outperformed the broader markets so far this year.
Five Consumer Staples Stocks to Be Thankful For—Even This Year
So far, 2018 has been a difficult year for the consumer staples industry—even tougher than last year.
Hormel Foods: Reviewing the Stock’s 2018 Performance
As of November 14, Hormel Foods’ (HRL) stock price is up 23.2% year-to-date to $44.84.
Wall Street’s View of Hormel Foods before Q4 2018 Earnings
As of November 14, of the 12 analysts covering Hormel Foods’ (HRL) stock, 17% recommend a “buy” while 67% recommend a “hold” and the remaining 16% recommend a “sell.”
Hormel Foods’ Q4 2018 Earnings: What to Expect
Wall Street’s consensus estimates for Hormel Foods’ (HRL) adjusted EPS in the fourth quarter of fiscal 2018 stand at $0.49, representing 18.7% growth year-over-year.
Why Hormel Foods’ Q4 2018 Sales Could Grow 3%
Hormel Foods (HRL) is slated to report its results for the fourth quarter of 2018 on November 20. Here’s what you need to know.
How Does Hormel Foods’ Bottom Line Look?
In the last three quarters, Hormel Foods (HRL) has met consensus expectations twice and missed the consensus estimate in the remaining quarter.
Hormel Foods’ Capital Allocation Plans Are Impressive
Hormel Foods’ (HRL) current dividend yield is 1.9% based on the closing price of $39.66 as of September 19.
A Look at Hormel Foods’ Year-to-Date Stock Returns
Hormel Foods (HRL) has delivered year-to-date stock returns of ~9.0% as of September 19.
Hormel Foods’ Fiscal Q3 Sales Miss Estimates, Rise Year-over-Year
Hormel’s Refrigerated, Jennie-O Turkey Store, and International segments saw sales growth of 10.1%, 7.9%, and 11.1%, respectively, in Q3.
Hormel Foods: Analysts Remain on the Sidelines
Most of the analysts providing recommendations on Hormel Foods (HRL) have maintained a “hold” rating on the stock ahead of the Q3 2018 results.
Hormel Foods’ Dividend Yield and PE Multiple
Hormel Foods’ (HRL) quarterly dividend payout stands at ~$0.19 per share. The company increased its dividend 10% in November 2017.
Analyzing Hormel Foods’ Stock Performance in 2018
As of August 16, Hormel Foods’ (HRL) stock price has risen ~4% on a YTD basis. The stock price could accelerate more after the third-quarter results.
How Hormel Foods Stock Has Performed This Year
Hormel Foods (HRL) stock has been subdued this year, rising just 3.1% as of July 12.
Hormel Foods’ Capital Allocation Plans
Hormel Foods (HRL) has an extensive stock repurchase plan in place, in addition to paying dividends.
Why Most Analysts Recommend ‘Hold’ for Hormel Foods
Most (58%) of the 12 analysts covering Hormel Foods (HRL) on July 12 recommended “hold,” and the rest recommended “buy.”
Mexico Is Hitting Republicans in Their Weak Spot
Mexico hit the American economy where it hurts the most with tariffs on American products like pork, steel, apples, potatoes, cheese, and bourbon.
Hormel Foods Stock Down 0.6% on Fiscal Second-Quarter Results
Hormel Foods Corporation announced its fiscal second-quarter results today. Its sales of $2.33 billion missed the analyst consensus estimate of $2.36 billion.
What Are Analysts Recommending for Hormel Foods Stock?
Most analysts who are providing recommendations on Hormel Foods (HRL) have maintained “hold” ratings on the stock.
Assessing Hormel Foods from a Valuation Perspective
On April 6, 2018, Hormel Foods (HRL) was trading at a 12-month forward PE (price-to-earnings ratio) of 18.6x.
What’s Wrong with Hormel Foods’ Jennie-O Turkey Segment?
Hormel Foods’ (HRL) Jennie-O Turkey Store segment continued to see trouble in fiscal 1Q18.
Hormel Foods Considers Deli Business a Lucrative Growth Option
Hormel Foods (HRL) is looking for growth in a challenging food and beverage environment, and it’s expecting the deli business to be a growth driver.
Hormel Foods’ Road Map for Future Growth
Hormel Foods (HRL) has established a road map to boost its financial performance in a challenging food and beverage environment.
Why Hormel Foods’ Stock Price Has Fallen 4% in 2018
Hormel Foods (HRL) has seen its stock price fall 4% on a YTD (year-to-date) basis as of April 6, 2018.
What Analysts Recommend for Tyson Foods
Of the 18 analysts covering Tyson Foods, 67.0% recommend a “buy” on its stock.
China’s Tariff Increase Weighs on Tyson Foods Stock
Tyson Foods (TSN) stock fell 6.3% on Monday, April 2, 2018, as China imposed higher import tariffs on 128 US commodities including frozen pork.
How Tyson Foods Compares with Its Peers in Valuation
As of December 22, 2017, Tyson Foods (TSN) stock was trading at a 12-month forward PE (price-to-earnings) multiple of 13.9x, which could seem attractive to investors.
Tyson Foods: Analysts Are Recommending a ‘Buy’
Most of the analysts rating Tyson Foods (TSN) are maintaining a favorable outlook on the stock.
Tyson Foods: Analysts Raised Target Price after Fiscal 4Q17
After Tyson Foods (TSN) announced its fiscal 4Q17 results on November 13, 2017, several analysts raised their target prices for the stock.
What Analysts Suggest for TSN Stock
Most of the analysts providing recommendations on Tyson Foods (TSN) maintained a positive stance on the stock.
Could Tyson Stock Rise on Fiscal 4Q17 Earnings?
Tyson Foods (TSN) is set to announce its fiscal 4Q17 results next week. Analysts expect the company’s sales to improve on a YoY (year-over-year) basis.
Why Union Pacific’s Agricultural Product Revenues Slid in 3Q17
Union Pacific’s (UNP) Agricultural Products segment saw revenues of $914.0 million, down 2% YoY.
Hormel Foods Continues to Disappoint
Hormel Foods (HRL) continues to disappoint investors with its sales and earnings results.
These 9 Food Stocks Could Underperform the S&P 500 in 2017
Packaged food manufacturer stocks have disappointed investors so far this year. The recovery in prices remains distant, and challenging market conditions are likely to restrict the upside to these stocks.
Key Consumer Sector Insights for August 21–25, 2017
Most of the stocks in the consumer discretionary sector rose last week, which caused the S&P 500 Consumer Discretionary Index to rise 0.39%.
Wall Street Recommendations for TSN Stock after Q3
The majority of analysts providing recommendations on Tyson Foods’ (TSN) stock maintain a positive outlook after the fiscal 3Q17 earnings results.
Tyson Foods Beats Q3 Earnings Estimates, Stock Jumps
Tyson Foods (TSN) posted strong fiscal 3Q17 results, and the company’s stock rose 5.7 %. Tyson Foods’ fiscal 3Q17 top- and bottom-line results beat analysts’ estimates.
Why Analysts Expect Tyson Foods’ 3Q17 Earnings to Fall
In fiscal 3Q17, analysts expect Tyson Foods to post adjusted earnings per share of $1.18, a year-over-year decline of 2.5%.
Could TSN Stock Gain Momentum from Its Fiscal 3Q17 Results?
Tyson Foods (TSN) stock took a beating following its sluggish fiscal 2Q17 results. TSN plans to report its fiscal 3Q17 sales and earnings results on August 7.
What Analysts Recommend for Tyson Foods’ Stock
Most of analysts covering Tyson Foods (TSN) remain positive on the stock, given the company’s strong start to the current fiscal year.
J.M. Smucker Company Declares Dividend of $0.75 per Share
J.M. Smucker (SJM) reported fiscal 2Q17 net sales of $1.9 billion, a year-over-year fall of 7.9% compared to net sales of $2.1 billion in fiscal 2Q16.
Hormel Foods Made a Change in Its Management Team
Hormel Foods (HRL) has a market cap of $19.2 billion. It rose 2.3% to close at $36.35 per share on January 17, 2017.
Piper Jaffray Rated Hormel Foods as ‘Overweight’
Hormel Foods (HRL) has a market cap of $18.7 billion. It fell 2.1% and closed at $35.58 per share on January 9, 2017.
Lululemon Athletica Revised Its Guidance for 4Q16
Lululemon Athletica (LULU) has a market cap of $9.4 billion. It fell 0.12% and closed at $68.19 per share on January 9, 2017.
What Happened to Pilgrim’s Pride?
Pilgrim’s Pride fell 2.3% to close at $19.16 per share on January 6, 2017. The stock’s weekly, monthly, and YTD price movements were 0.31%, 7.0%, and 0.90%.
What’s the Latest News on Hormel Foods?
In fiscal 2016, Hormel Foods (HRL) reported net sales of $9.5 billion, a rise of 2.8% year-over-year.
Morgan Stanley Upgrades Energizer Holdings to ‘Overweight’
Energizer Holdings (ENR) reported fiscal 4Q16 net sales of $432.4 million, a rise of 8.3% compared to net sales of $399.1 million in fiscal 4Q15.
Hormel Foods International Names Gadsden Asia-Pacific President
Hormel Foods (HRL) rose 2.0% to close at $35.31 per share during the third week of December 2016.
Wells Fargo Downgrades BorgWarner to ‘Market Perform’
BorgWarner (BWA) fell 0.03% to close at $39.73 per share during the third week of December 2016.
Tyson Foods Elects New Board of Directors
Tyson Foods (TSN) has a market cap of $22.4 billion. It rose 0.06% to close at $62.44 per share on December 16, 2016.
Bank of America Merrill Lynch Rated SJM Stock as ‘Neutral’
J.M. Smucker (SJM) has a market cap of $14.7 billion. The stock rose 0.59% to close at $126.75 per share on December 6, 2016.
Tyson Foods Forms a New Venture Capital Fund to Focus on Growth
In fiscal 2016, Tyson Foods (TSN) reported sales of $36.9 billion, a fall of 10.9% year-over-year.
KeyBanc Capital Markets Rated Tyson Foods as ‘Overweight’
Tyson Foods (TSN) reported fiscal 4Q16 sales of $9.2 billion, a 12.8% fall compared to its sales of $10.5 billion in fiscal 4Q15.
Canaccord Genuity Downgrades Lululemon Athletica to ‘Sell’
On September 1, 2016, Lululemon Athletica (LULU) reported 2Q16 net revenues of $514.5 million, a rise of 13.6% from net revenues of $453 million it reported in 2Q15.
KeyBanc Capital Markets Rated Hormel Foods as ‘Sector Weight’
Hormel Foods (HRL) declared a quarterly dividend of $0.17 per share on its common stock. The dividend will be paid on February 15, 2017, to shareholders of record at the close of business on January 17, 2017.
Verifone Systems Is Expanding Its Presence in Europe
Verifone Systems (PAY) rose 1.6% to close at $17.75 per share during the fourth week of November 2016.
How Did Tyson Foods Perform in Fiscal 4Q16?
Tyson Foods (TSN) has a market cap of $21.0 billion. It fell 14.5% to close at $57.60 per share on November 21, 2016.
Constellation Brands Announces New Share Repurchase Program
Constellation Brands (STZ) has a market cap of $31.5 billion. It rose 1.4% to close at $157.4 per share on November 21, 2016.
How Did J.M. Smucker Perform in Fiscal 2Q17?
J.M. Smucker fell 3.9% to close at $124.85 per share on November 17. Its weekly, monthly, and YTD price movements were -2.1%, -5.5%, and 3.4%, respectively.
The J.M. Smucker Company Declares Dividend of $0.75 Per Share
Price movement The J.M. Smucker Company (SJM) has a market cap of $15.1 billion. It rose 0.18% to close at $130.01 per share on October 21, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -2.6%, -5.7%, and 7.0%, respectively, on the same day. SJM is trading 2.8% below its 20-day moving […]
Why Did Tyson Foods Rise on October 11?
Tyson Foods (TSN) has a market cap of $28.8 billion. It rose by 1.3% to close at $71.38 per share on October 11, 2016.
Why CLSA Upgraded Tyson Foods to a ‘Buy’
On October 10, 2016, CLSA upgraded Tyson Foods’s rating to a “buy” from “neutral” and also set the stock’s price target at $86.00 per share.
Nicole Glenn Has a New Gig at Hormel Foods’s Subsidiary Applegate
Hormel Foods (HRL) declared a quarterly dividend of $0.15 per share on its common stock.
MKM Partners Upgrades Mattel to a ‘Buy’
Mattel’s (MAT) cash and cash equivalents and inventories rose 5.8% and 4.5%, respectively, between 2Q15 and 2Q16.
Why Did Tyson Foods Settle for $1.6 Million?
Tyson Foods (TSN) declared a quarterly dividend of $0.15 per share on its Class A common stock and $0.14 per share on its Class B common stock.
Tyson Fresh Meats Announces Its Plans for Expansion
Price movement Tyson Foods (TSN) has a market cap of $27.5 billion. It fell 1.6% to close at $74.83 per share on September 29, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -2.5%, -0.80%, and 41.2%, respectively, on the same day. TSN is trading 0.10% below its 20-day moving average, 0.70% […]
Why Did Tyson Foods Recall Its Chicken Nuggets?
Tyson Foods (TSN) has a market cap of $27.8 billion. It fell 0.21% to close at $75.72 per share on September 27, 2016.
Hormel Foods Declares a Dividend of $0.145 per Share
Hormel Foods Corporation (HRL) has a market cap of $19.8 billion. It fell 1.4% to close at $37.33 per share on September 26.
Oppenheimer Has Rated Hormel Foods ‘Perform’
Hormel Foods (HRL) has a market cap of $19.4 billion. It fell 0.85% to close at $36.37 per share on September 16, 2016.
Avon Products Elects Jose Armario to Its Board of Directors
Avon Products (AVP) fell 6.7% to close at $5.44 per share during the first week of September 2016.
Tyson Foods Reaffirms Its 2016 Projections
Tyson Foods (TSN) has a market cap of $27.1 billion. It fell by 0.77% to close at $74.70 per share on September 8, 2016.
Société Générale Rated Ingredion as a ‘Hold’
Ingredion (INGR) has a market cap of $10.1 billion. It rose by 0.51% to close at $139.64 per share on September 7, 2016.
Polaris Defense Appoints John M. Olson as Vice President
Polaris Industries (PII) has a market cap of $5.5 billion. It fell by 0.50% to close at $83.52 per share on September 6, 2016.
Analyzing Hormel Foods’ Valuation after 3Q16
Hormel is trading at a PE ratio of 22.9x as of August 22. Analysts expect its adjusted EPS to rise by 23% and its revenue to increase by 2% in fiscal 2016.
How Much Has Hormel Returned to Shareholders in Fiscal 2016?
Along with its 3Q16 results, Hormel Foods (HRL) also announced the 352nd consecutive quarterly dividend at the annual rate of $0.58 per share.
Why Did Hormel Foods Increase Its Fiscal 2016 Guidance?
Hormel Foods (HRL) increased its fiscal 2016 EPS (earnings per share) guidance to $1.60–$1.64. The earlier EPS guidance range was $1.56–$1.60.
How Much Did Hormel Foods’ Margins Rise in Fiscal 3Q16?
Hormel Foods reported an operating profit of $275 million in fiscal 3Q16—an increase of 19% compared to fiscal 3Q15. Its operating margin rose to 11.9%.
Which Segments Drove Hormel Foods’ Fiscal 3Q16 Earnings?
Hormel Foods (HRL) operates through five segments. The Refrigerated Foods segment accounted for 45% of its total segmental operating profit in fiscal 3Q16.
Did Hormel Foods’ Stock Benefit from Its Fiscal 3Q16 Results?
Hormel rose another 7% on August 22 and closed at $39.51. Hormel has risen 11% since the company’s last earnings report on May 18.
BMO Capital Markets Upgrades Hormel Foods to ‘Outperform’
Hormel Foods (HRL) has a market cap of $20.1 billion. Its stock rose by 4.4% to close at $38.66 per share on August 19, 2016.
Wall Street Analysts’ Recommendations for Sanderson Farms
Stephens gave Sanderson Farm the highest target price of $108, respectively. This represents a 16% rise from the closing price of $93.17 on August 18.
Will Sanderson Farms’ Fiscal 3Q16 Earnings Exceed Estimates?
Analysts expect Sanderson Farms’ adjusted EPS to be $2.25 in fiscal 3Q16—compared to 3Q15 EPS of $2.27. It represents a slight fall of 1%.
What Impacted Sanderson Farms’ Results Last Quarter?
Sanderson Farms (SAFM) delivered a drop in YoY (year-over-year) net sales in the second quarter as well. Net sales fell 3% to $692 million.
Why Has Sanderson Farms’ Stock Gained in 2016?
Sanderson Farms will release its fiscal 3Q16 earnings on August 25 after the Market opens. So far, it showed tremendous growth in its stock price in 2016.
Why Was Tyson Foods Fined?
Tyson Foods (TSN) has a market cap of $27.0 billion. It fell by 1.1% to close at $74.25 per share on August 16, 2016.
What Do Wall Street Analysts Recommend for Hormel Foods?
Survey results show that 9% of analysts rate Hormel a “buy,” ~82% rate it a “hold,” and 9% rate it a “’sell.” The average broker target price is $39.75.
What Could Benefit Hormel Foods’ Revenue in Fiscal 3Q16?
Analysts expect revenue of $2.2 billion for Hormel Foods (HRL) in fiscal 3Q16—3% higher than revenue of $2.19 billion in fiscal 3Q15.
Why Did Tyson Foods Fire Some of Its Workers?
Tyson Foods (TSN) has a market cap of $27.6 billion. It fell by 0.09% to close at $74.57 per share on August 11, 2016.
How Much Has Tyson Foods Returned to Shareholders in Fiscal 2016?
Tyson Foods bought back 6.6 million shares in fiscal 3Q16 and has bought back another 5.4 million shares so far in fiscal 4Q16.
How Is Tyson Foods Improving Its Chicken Operating Margin?
In fiscal 3Q16, Tyson Foods’ Chicken segment reported an operating margin of 13.9% with an improved product mix.
How Is Tyson Foods Positioning Itself through Innovation?
Tyson’s Core 9 product lines are the primary drivers of sales and profitability within its packaged retail offerings. These include brands such as Tyson, Hillshire Farm, Jimmy Dean, Ball Park, Wright, and Aidells.
BMO Capital Increases Tyson Foods’ Price Target to $77 per Share
Tyson Foods (TSN) has a market cap of $27.6 billion. It rose by 0.54% to close at $74.47 per share on August 9, 2016.