Hormel Foods Corp (HRL) stock hits $29.42: Is it a good time to buy or wait for a dip?

Hormel Foods Corp [HRL] stock is trading at $29.42, down -2.39%. 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 HRL shares have gain 0.89% over the last week, with a monthly amount drifted -4.20%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Hormel Foods Corp [NYSE: HRL] stock has seen the most recent analyst activity on April 15, 2025, when BofA Securities upgraded its rating to a Neutral but kept the price target unchanged to $35 for it. Previously, Exane BNP Paribas started tracking the stock with Underperform rating on October 21, 2024, and set its price target to $28. Citigroup upgraded its rating to a Buy and increased its price target to $37 on August 13, 2024. JP Morgan upgraded its rating to a Neutral and raised its price target to $29 on May 31, 2024. Citigroup started tracking with a Neutral rating for this stock on February 01, 2024, and assigned it a price target of $31. In a note dated March 30, 2023, Argus downgraded an Hold rating on this stock.

Hormel Foods Corp [HRL] stock has fluctuated between $27.59 and $36.80 over the past year. Currently, Wall Street analysts expect the stock to reach $33 within the next 12 months. Hormel Foods Corp [NYSE: HRL] shares were valued at $29.42 at the most recent close of the market. An investor can expect a potential return of 12.17% based on the average HRL price forecast.

Analyzing the HRL fundamentals

Hormel Foods Corp [NYSE:HRL] reported sales of 11.91B for the trailing twelve months, which represents a drop of -0.27%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

For context, Hormel Foods Corp’s Current Ratio is 2.45. Further, the Quick Ratio stands at 1.31, while the Cash Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 2.01 and price to earnings (TTM) ratio is 21.36.

Transactions by insiders

Recent insider trading involved Murano Elsa A, Director, that happened on Mar 27 ’25 when 4500.0 shares were sold. Director, Murano Elsa A completed a deal on Mar 27 ’25 to buy 4500.0 shares. Meanwhile, GROUP VICE PRESIDENT LYKKEN STEVEN J bought 4904.0 shares on Dec 06 ’24.

Related Posts