Hormel Foods Corp
Hormel’s Specialty Food Segment Performed Well in 3Q15
Hormel Foods Corporation, based in Austin, Minnesota, is a multinational manufacturer and marketer of consumer-branded food and meat products.
What Contributed to Hormel Foods’ 3Q15 Segment Performance?
Refrigerated Foods constituted 48% of Hormel Food’s net sales and 41% of its total segment operating profit in 3Q15.
Could Wheat Prices Rise Due to Weak Export Demand?
Weak export and domestic demand sentiment among high supply and availability might keep the pressure on wheat prices.
Analysts Expect Positive Revenue Growth in Fiscal 2Q16
The revenue estimate for Farmer Brothers in fiscal 2Q16 isn’t as high. However, it’s still positive. Analysts predict revenue of $145.3 million for fiscal 2Q16
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.
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.
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.
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.
What Could Hamper Tyson Foods’ Revenue in 3Q16?
Tyson Foods is expected to report lower revenue in 3Q16. The export markets will likely be challenged moderately in 2016. This could hamper its revenue.
Protein Prices Drag Down April’s Food Price Index
Trends in protein prices affect the financial results for Tyson Foods, which produces about one in five pounds of chicken, beef, and pork in the United States.
Cal-Maine Foods’ Revenue and Income Improved in Fiscal 1Q16
Cal-Maine has a market cap of $2.3 billion. It reported net sales of $609.9 million for fiscal 1Q16 compared to net sales of $356.9 million for fiscal 1Q15.
A Close Look at B&G Foods’ Operating Margins in Fiscal 4Q15
B&G Foods (BGS) reported that operating margin for fiscal 4Q15 rose to 14.2% compared to 12.7% in 4Q14. Operating margin for fiscal 2015 was 17.8% compared to 13.6% in 2014.
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.
J.M. Smucker to Report Its Fiscal 2Q16 Results
On November 19, J.M. Smucker will report its earnings for 2Q16. The company’s shares reacted positively to its 1Q16 results. It had a strong performance.
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.
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 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.
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 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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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 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.
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.
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.
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.
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.
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.
Did Kellogg’s Earnings Beat Estimates in Fiscal 2Q16?
In fiscal 2Q16, Kellogg Company (K) reported EPS (earnings per share) of $0.91, in line with analysts’ estimates.
A Look at Tyson Foods’ Performance in Fiscal 3Q16
Tyson Foods (TSN) has a market cap of $27.4 billion. Its stock rose by 0.58% to close at $74.07 per share on August 8, 2016.
Kraft Heinz: Why Did Its 2Q16 Earnings Rise 39%?
Kraft Heinz’s adjusted EPS for fiscal 2Q16 was $0.85—an increase of 39% compared to $0.61 in fiscal 2Q15. The is due to 17% growth in the adjusted EBITDA.
What Analysts Recommend for Pilgrim’s Pride after 2Q16 Results
As of July 28, 2016, Pilgrim’s Pride (PPC) was trading at $23.74. In this part of the series, we’ll see what analysts recommend for the company after its 2Q16 earnings release.
Pilgrim’s Pride in 2Q16: How Much Did Earnings Decline?
Pilgrim’s Pride’s earnings were hit hard again in the second quarter. They fell far below analysts’ expectations, missing estimates by 11%.
Cal-Maine Foods Valuation: Did It Change after Its 4Q16 Results?
Cal-Maine Foods’ valuation increased after its fiscal 4Q16 earnings results. Cal-Maine is trading at a lower forward PE ratio compared to Hormel.
How Did Cal-Maine Foods Stock React to Its Fiscal 4Q16 Results?
Cal-Maine Foods reported its fiscal 4Q16 results on July 18. There wasn’t impact on the stock price even though the company reported a loss for the quarter.
How Did Cal-Maine’s Specialty Egg Business Perform in 4Q16?
Cal-Maine Foods (CALM) is strategizing to pursue additional opportunities to market and sell specialty eggs due to changing consumer demand trends.
J.M. Smucker Declares Quarterly Dividend of $0.75 Per Share
The J.M. Smucker Company (SJM) has a market cap of $17.7 billion. It rose by 0.54% to close at $152.68 per share on July 13, 2016.
Analyzing Cal-Maine Foods’ Variable Dividend Policy
Cal-Maine has a variable dividend policy in place. It has a dividend yield of 5.8% as of June 28. Management raised the dividend at a CAGR of 15.3% over five years.
What Are Wall Street Analysts Recommending for Cal-Maine Foods?
On June 16, BB&T Capital Markets upgraded Cal-Maine to “hold” from “underweight.” It doesn’t have a target price for the stock.
Cal-Maine Plans to Increase Its Value-Added Specialty Egg Business
Cal-Maine Foods (CALM) plans to grow its specialty egg business by meeting consumer demand in the rapidly growing segment.
How Does Cal-Maine Plan to Benefit from Its Growth Strategy?
Cal-Maine is known for identifying and completing strategic acquisitions. Identifying and pursuing acquisition opportunities is part of its growth strategy.
Why Did Cal-Maine Shares Fall 23% in the Last 3 Months?
Cal-Maine Foods (CALM) saw declining growth in its shares in the last three months. The company’s shares are trading close to its 52-week low.
Tyson Foods Has Appointed Tom Hayes as President
Tyson Foods (TSN) has a market cap of $22.5 billion. It fell by 1.1% to close at $59.93 per share on June 13, 2016.
What Does Tyson Foods’ Current Valuation Tell Us?
After downgrading Tyson Foods (TSN) stock to “market perform” from “outperform,” BMO Capital Markets acknowledged some hesitancy regarding its downgrade.
BMO Capital Downgrades Tyson Foods to ‘Market Perform’
Tyson Foods (TSN) has a market cap of $22.6 billion. It fell by 3.7% to close at $60.88 per share on June 6, 2016.
Hormel Foods Declared Quarterly Dividend of 14.5 Cents per Share
Hormel Foods (HRL) has a market cap of $18.7 billion. It fell by 0.20% to close at $34.80 per share on May 24, 2016.
Kraft Heinz: Why Did Its 1Q16 Earnings Rise 38%?
Kraft Heinz reported fiscal 1Q16 net earnings of $1.1 billion—compared to net earnings of $617 million in 1Q15. The adjusted EPS for fiscal 1Q16 was $0.73.
Why Did Pilgrim’s Pride Fall ~6% on May 6?
Pilgrim’s Pride (PPC) has a market cap of $6.2 billion. It fell by 5.9% to close at $24.76 per share on May 6, 2016.
What Impacted Meat Producers’ Revenue in the Recent Quarter?
Pilgrim’s Pride’s revenue fell 7%. Its US operations were the source of nearly 84% of the company’s total revenue. It represented a YoY fall of 11.7%.
Sanderson Farms Revenue Beat Estimates: Why a 9.2% Fall in Sales?
Sanderson Farms (SAFM) delivered a decline in YoY net sales yet again in fiscal 1Q16. Net sales were $605.2 million, a fall of 9.2% compared to fiscal 1Q15.
Credit Agricole Downgrades Hormel Foods to ‘Underperform’
Hormel Foods Corporation (HRL) has a market cap of $22.7 billion. HRL fell by 3.6% to close at $42.89 per share as of February 18, 2016.
Campbell Soup Announced Positive Preliminary Fiscal 2Q16
Campbell Soup (CPB) will be reporting its fiscal 2Q16 financial results on February 25, 2016, before the Market opens. On February 16, 2016, the company announced positive preliminary results.
Tyson Foods Fell Due to Live Cattle Futures Contracts
Tyson Foods lost $70 million in the fourth quarter of 2015 due to high volatility in live futures contracts. Live futures fell 9% to a two-year low in the second half of 2015 with high-frequency traders.
Three Black Crow Pattern in Wheat Prices
March wheat futures were below the key support of $4.70 per bushel on December 23, 2015. The sharp downward price movements continued.
Wheat’s Sharp Downward Movement Continued for the Second Day
Wheat futures contracts for March delivery were trading near the crucial support of $4.70 per bushel on December 22, 2015.
Cal-Maine Delivered Positive Earnings Growth in Fiscal 2Q16
Cal-Maine showed a high positive YoY growth of 49% in fiscal 2Q16. Net earnings for fiscal 2Q16 were $109 million, up from $36 million in fiscal 2Q15.
Wheat Prices Trade above 20-Day Moving Average
Wheat futures contracts for March expiry were trading above the key support level of 485 cents per bushel on December 18, 2015.
Wheat Prices Continue to Sharpen Due to Downward Movement
March wheat futures contracts were trading near the key support level of $4.85 per bushel on December 17. The downward price movement sharpened.
Acquisitions and Update on the Joint Venture with Rose Acre Farms
Cal-Maine Foods has a track record of completing many acquisitions in past years. In fiscal 4Q15, It entered into a joint venture with Rose Acre Farms.
Wheat Prices Could Test the Key Resistance
December wheat prices were trading above the key support level of $4.85 per bushel on December 14. The firm resistance could restrict the price movement.
Wheat Prices Breached the Key Resistance Level
December wheat futures prices were above the key resistance level of $4.75 per bushel on December 9, 2015. Wheat prices rose the sharpest in the last four days.
Wheat Prices Traded below the Key Moving Averages
December wheat futures prices were trading above the crucial support level of $4.70 per bushel on December 7. The prices were below the key moving averages.
Hormel Foods’ Fiscal 4Q15: Why Did Margins Improve?
Hormel Foods (HRL) reported a non-GAAP (generally accepted accounting principles) operating profit of $292 million in fiscal 4Q15.