Hormel Foods (NYSE:HRL) Releases FY 2025 Earnings Guidance

Key Points

• Hormel Foods updated its FY 2025 earnings guidance, projecting EPS between 1.430-1.450, significantly lower than the consensus estimate of 1.600.
• The company also issued Q4 2025 EPS guidance of 0.380-0.400 and noted that it had a market cap of $15.96 billion.
• Recent analyst ratings have varied, with BNP Paribas upgrading the stock from "strong sell" to "hold", while others have set target prices ranging from $30.00 to $35.00.

Hormel Foods (NYSE:HRL - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.430-1.450 for the period, compared to the consensus estimate of 1.600. The company issued revenue guidance of -, compared to the consensus revenue estimate of $12.1 billion. Hormel Foods also updated its Q4 2025 guidance to 0.380-0.400 EPS.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HRL. The Goldman Sachs Group reduced their target price on shares of Hormel Foods from $35.00 to $31.00 and set a "buy" rating for the company in a report on Friday. BNP Paribas Exane raised shares of Hormel Foods from an "underperform" rating to a "neutral" rating and set a $30.00 price objective for the company in a report on Tuesday, May 27th. JPMorgan Chase & Co. cut their price objective on shares of Hormel Foods from $34.00 to $30.00 and set an "overweight" rating for the company in a report on Friday. Stephens reissued an "equal weight" rating and issued a $31.00 price objective on shares of Hormel Foods in a report on Thursday, May 22nd. Finally, Barclays reissued an "overweight" rating and issued a $34.00 price objective (down previously from $36.00) on shares of Hormel Foods in a report on Friday. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Hormel Foods currently has a consensus rating of "Moderate Buy" and an average target price of $30.88.

Hormel Foods Price Performance

Shares of NYSE:HRL traded down $0.35 during midday trading on Tuesday, hitting $25.09. The stock had a trading volume of 2,316,951 shares, compared to its average volume of 3,258,736. The company's 50-day moving average price is $29.12 and its 200-day moving average price is $29.62. The company has a market capitalization of $13.80 billion, a P/E ratio of 18.32, a price-to-earnings-growth ratio of 5.67 and a beta of 0.31. The company has a quick ratio of 1.12, a current ratio of 2.47 and a debt-to-equity ratio of 0.35. Hormel Foods has a fifty-two week low of $23.71 and a fifty-two week high of $33.80.

Hormel Foods (NYSE:HRL - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.06). The firm had revenue of $3.03 billion during the quarter, compared to analyst estimates of $2.98 billion. Hormel Foods had a net margin of 6.26% and a return on equity of 10.06%. Hormel Foods's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.37 earnings per share. Hormel Foods has set its Q4 2025 guidance at 0.380-0.400 EPS. FY 2025 guidance at 1.430-1.450 EPS. As a group, equities research analysts predict that Hormel Foods will post 1.65 EPS for the current fiscal year.

Hedge Funds Weigh In On Hormel Foods

A number of institutional investors have recently added to or reduced their stakes in the stock. CANADA LIFE ASSURANCE Co increased its position in Hormel Foods by 6.1% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 296,289 shares of the company's stock worth $8,968,000 after purchasing an additional 17,090 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Hormel Foods by 226.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 25,216 shares of the company's stock valued at $763,000 after acquiring an additional 17,493 shares during the period. MUFG Securities EMEA plc acquired a new position in Hormel Foods in the 2nd quarter valued at approximately $26,000. Captrust Financial Advisors increased its position in Hormel Foods by 45.4% in the 2nd quarter. Captrust Financial Advisors now owns 45,797 shares of the company's stock valued at $1,385,000 after acquiring an additional 14,290 shares during the period. Finally, Voleon Capital Management LP acquired a new position in Hormel Foods in the 2nd quarter valued at approximately $1,771,000. 40.99% of the stock is currently owned by institutional investors and hedge funds.

Hormel Foods Company Profile

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others.