Hershey Company [HSY] stock is trading at $191.29, up 0.07%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HSY shares have gain 1.25% over the last week, with a monthly amount glided 5.10%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hershey Company [NYSE: HSY] stock has seen the most recent analyst activity on July 17, 2024, when Citigroup reiterated its Neutral rating and also revised its price target to $188 from $204. Previously, Edward Jones downgraded its rating to Hold on April 19, 2024. On March 26, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $208 on the stock. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $183 on February 12, 2024. Citigroup initiated its recommendation with a Neutral and recommended $213 as its price target on February 01, 2024. Bernstein upgraded its rating to Outperform for this stock on January 29, 2024, but kept the price target unchanged to $235. In a note dated December 15, 2023, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $250 to $200.
Hershey Company [HSY] stock has fluctuated between $178.82 and $248.93 over the past year. Currently, Wall Street analysts expect the stock to reach $221.58 within the next 12 months. Hershey Company [NYSE: HSY] shares were valued at $191.29 at the most recent close of the market. An investor can expect a potential return of 15.83% based on the average HSY price forecast.
Analyzing the HSY fundamentals
Hershey Company [NYSE:HSY] reported sales of 11.43B for the trailing twelve months, which represents a growth of 8.87%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.52 and Total Capital is 0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 189.75 points at the first support level, and at 188.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 192.33, and for the 2nd resistance point, it is at 193.36.
Ratios To Look Out For
For context, Hershey Company’s Current Ratio is 0.97. Further, the Quick Ratio stands at 0.64, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 3.38, the price to book ratio is 9.42 and price to earnings (TTM) ratio is 18.95.
Transactions by insiders
Recent insider trading involved Voskuil Steven E, SVP, Chief Financial Officer, that happened on Jun 24 ’24 when 1500.0 shares were sold. SVP, Chief Financial Officer, Voskuil Steven E completed a deal on May 23 ’24 to sell 1500.0 shares. Meanwhile, President, U.S. Confection Raup Charles R sold 2065.0 shares on May 20 ’24.
