Currently, Hershey Company [HSY] is trading at $193.65, up 10.85%. An important factor to consider is whether the stock is rising or falling in short-term value. The HSY shares have gain 8.90% over the last week, with a monthly amount glided 12.03%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hershey Company [NYSE: HSY] stock has seen the most recent analyst activity on October 22, 2024, when Redburn Atlantic initiated its Sell rating and assigned the stock a price target of $165. Previously, UBS downgraded its rating to Neutral on October 07, 2024, and dropped its price target to $209. On October 07, 2024, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $205 on the stock. Jefferies downgraded its rating to a Underperform and decreased its price target to $163 on September 26, 2024. Citigroup downgraded its rating to a Sell and reduced its price target to $182 on August 27, 2024. Argus downgraded its rating to Hold for this stock on August 14, 2024. In a note dated August 12, 2024, Goldman initiated an Sell rating and provided a target price of $185 on this stock.
This stock has fluctuated between a low of $168.16 and a high of $211.92 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $174.5 within the next 12 months. Hershey Company [NYSE: HSY] shares were valued at $193.65 at the most recent close of the market. An investor can expect a potential drop of -9.89% based on the average HSY price forecast.
Analyzing the HSY fundamentals
Trailing Twelve Months sales for Hershey Company [NYSE:HSY] were 10.97B which represents -1.40% decline. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.43 and Total Capital is 0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.26.
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 175.50 points at the first support level, and at 157.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 209.92, and for the 2nd resistance point, it is at 226.18.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hershey Company [NYSE:HSY] is 0.85. On the other hand, the Quick Ratio is 0.54, and the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 3.58, the price to book ratio is 9.32 and price to earnings (TTM) ratio is 22.31.
Transactions by insiders
Recent insider trading involved Voskuil Steven E, SVP, Chief Financial Officer, that happened on Dec 03 ’24 when 1000.0 shares were sold. Officer, Voskuil Steven E completed a deal on Dec 03 ’24 to buy 1000.0 shares. Meanwhile, Officer Raup Charles R bought 1000.0 shares on Nov 18 ’24.
