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NYSE:HSY

Hershey (HSY) Stock Price, News & Analysis

$186.21
-0.96 (-0.51%)
(As of 02/28/2024 ET)
Today's Range
$184.50
$187.87
50-Day Range
$181.02
$202.32
52-Week Range
$178.82
$276.88
Volume
1.32 million shs
Average Volume
1.81 million shs
Market Capitalization
$38.08 billion
P/E Ratio
20.58
Dividend Yield
2.94%
Price Target
$228.33

Hershey MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
22.6% Upside
$228.33 Price Target
Short Interest
Healthy
1.26% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
1.18mentions of Hershey in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$1.04 M Sold Last Quarter
Proj. Earnings Growth
5.63%
From $9.59 to $10.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.91 out of 5 stars

Consumer Staples Sector

2nd out of 138 stocks

Sugar & Confectionery Products Industry

1st out of 5 stocks


HSY stock logo

About Hershey Stock (NYSE:HSY)

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

HSY Stock Price History

HSY Stock News Headlines

3 wealth-compounding stocks to beat the market this decade
Because the Federal Reserve (the Fed) has announced potential interest rate cuts for this year, an expectation priced in for March is now being pushed as far back as May or June, according to the FedWatch tool at the CME Group Inc. NASDAQ: CME. A rising level of uncertainty may push the fundamentals of stocks to be the primary concern when selecting future investments.
3 wealth-compounding stocks to beat the market this decade (HSY)
Consider the following wealth-compounding stocks to invest in: Equity Residential, Hershey and Ulta Beauty. Learn more with MarketBeat.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
MarketBeat Week in Review – 2/12 - 2/16 (HSY)
Higher inflation readings dampened expectations for rate cuts, and a shortened trading week may get more volatile when many retail stocks report earnings
Hershey stock presents investors a sweet buy-the-dip opportunity
Hershey's stock is down as the company fights high cocoa prices and normalizing sales, but the core business is strong, making HSY stock a solid buy on the dip
S&P 500 rockets to new highs as earnings beat estimates (HSY)
The S&P 500 hits new highs as 10 of the 11 S&P sectors report positive Q4 earnings surprises. The tech and energy sectors are among the earnings leaders.
10 best sugar stocks to buy now (HSY)
No individual sugar-producing companies trade on major U.S. stock exchanges, so should you invest? Learn more about the best sugar stocks to buy on MarketBeat.
2 upgraded food stocks with super-sized gain potential
Food-related businesses have been the subject of several recent analyst upgrades, including these two stocks which have some of the best total return potential.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Cocoa markets up 150% YoY, Hershey stock pressured
Candy Brands You Should Never Buy
Hershey Full Year 2023 Earnings: EPS Misses Expectations
Decoding The Hershey Co (HSY): A Strategic SWOT Insight
CAGNY 2024
Top 3 Struggling Stocks to Avoid as Cocoa Prices Soar
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
11/16/2023
Dividend Payable
12/15/2023
Last Earnings
2/08/2024
Ex-Dividend for 3/15 Dividend
2/16/2024
Today
2/28/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sugar & confectionery products
Sub-Industry
Packaged Foods & Meats
CUSIP
42786610
Employees
20,505
Year Founded
1894

Price Target and Rating

Average Stock Price Target
$228.33
High Stock Price Target
$310.00
Low Stock Price Target
$180.00
Potential Upside/Downside
+23.0%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
20 Analysts

Profitability

Net Income
$1.86 billion
Pretax Margin
19.45%

Debt

Sales & Book Value

Annual Sales
$11.16 billion
Cash Flow
$11.51 per share
Book Value
$20.05 per share

Miscellaneous

Free Float
204,048,000
Market Cap
$37.98 billion
Optionable
Optionable
Beta
0.36

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HSY Stock Analysis - Frequently Asked Questions

Should I buy or sell Hershey stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 1 sell rating, 13 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HSY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSY, but not buy additional shares or sell existing shares.
View HSY analyst ratings
or view top-rated stocks.

What is Hershey's stock price target for 2024?

20 analysts have issued 12 month target prices for Hershey's shares. Their HSY share price targets range from $180.00 to $310.00. On average, they predict the company's share price to reach $228.33 in the next year. This suggests a possible upside of 22.6% from the stock's current price.
View analysts price targets for HSY
or view top-rated stocks among Wall Street analysts.

How have HSY shares performed in 2024?

Hershey's stock was trading at $186.44 at the beginning of 2024. Since then, HSY stock has decreased by 0.1% and is now trading at $186.21.
View the best growth stocks for 2024 here
.

Are investors shorting Hershey?

Hershey saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 2,580,000 shares, a decline of 7.5% from the January 31st total of 2,790,000 shares. Based on an average trading volume of 1,660,000 shares, the days-to-cover ratio is presently 1.6 days.
View Hershey's Short Interest
.

When is Hershey's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our HSY earnings forecast
.

How were Hershey's earnings last quarter?

The Hershey Company (NYSE:HSY) posted its quarterly earnings data on Thursday, February, 8th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.07. The business earned $2.66 billion during the quarter, compared to the consensus estimate of $2.72 billion. Hershey had a net margin of 16.67% and a trailing twelve-month return on equity of 51.79%. The business's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.02 earnings per share.
Read the conference call transcript
.

How often does Hershey pay dividends? What is the dividend yield for Hershey?

Hershey announced a quarterly dividend on Wednesday, February 7th. Investors of record on Tuesday, February 20th will be paid a dividend of $1.37 per share on Friday, March 15th. This represents a $5.48 annualized dividend and a dividend yield of 2.94%. The ex-dividend date is Friday, February 16th. This is a positive change from the stock's previous quarterly dividend of $1.19.
Read our dividend analysis for HSY
.

Is Hershey a good dividend stock?

Hershey (NYSE:HSY) pays an annual dividend of $5.48 per share and currently has a dividend yield of 2.91%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HSY will have a dividend payout ratio of 54.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HSY.

What guidance has Hershey issued on next quarter's earnings?

Hershey updated its FY24 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of $9.59 for the period, compared to the consensus estimate of $9.60. The company issued revenue guidance of $11.39-$11.50 billion, compared to the consensus revenue estimate of $11.48 billion.

What is Michele Buck's approval rating as Hershey's CEO?

208 employees have rated Hershey Chief Executive Officer Michele Buck on Glassdoor.com. Michele Buck has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Hershey own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hershey investors own include Johnson & Johnson (JNJ), Walt Disney (DIS), AT&T (T), NVIDIA (NVDA), Verizon Communications (VZ), Chevron (CVX), Procter & Gamble (PG), Coca-Cola (KO), Walmart (WMT) and Cisco Systems (CSCO).

Who are Hershey's major shareholders?

Hershey's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.42%), Nordea Investment Management AB (1.15%), Hershey Trust Co. (1.01%), Norges Bank (0.92%), Northern Trust Corp (0.86%) and Legal & General Group Plc (0.74%). Insiders that own company stock include Charles R Raup, Christopher M Scalia, Hershey Trust Co, Hershey Trust Co Trustee In Tr, James Turoff, Jason Reiman, Jennifer Mccalman, Kristen J Riggs, Michele Buck, Pamela M Arway, Pamela M Arway, Robert Malcolm, Rohit Grover and Steven E Voskuil.
View institutional ownership trends
.

How do I buy shares of Hershey?

Shares of HSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Hershey have any subsidiaries?
The following companies are subsidiares of Hershey: Allan Candy Company, Amplify Snack Brands Inc., Amplify Snack Brands2, Artisan Confections Company LLC, Brookside Foods Ltd, CSH Foods Inc., Dagoba Organic Chocolate, Dot's Pretzels, Dot's Pretzels LLC, Grupo Lorena, Hershey (China) Investment Management Co. Ltd., Hershey (Thailand) Co. Ltd., Hershey Asia Pacific Pte. Ltd., Hershey Canada Inc., Hershey Caribe Inc., Hershey Chocolate & Confectionery LLC, Hershey Chocolate Sales (Shanghai) Co. Ltd., Hershey Chocolate of Virginia LLC, Hershey India Private Limited, Hershey International LLC, Hershey Japan Co. Ltd., Hershey Malaysia Sdn. Bhd., Hershey Mexico S.A. de C.V., Hershey Netherlands B.V., Hershey Philippines Inc., Hershey Trading GmbH, Hershey UK Finance Limited, Hershey UK Holding Limited, Hershey do Brasil Ltda., Hersmex S. de R.L. de C.V., Joseph Schmidt Confections, Krave Pure Foods, Lily's Sweets, Lily's Sweets LLC, Mauna Loa Macadamia Nut Corporation, Nutrine Confectionery Company Private Limited, ONE Brands LLC, One Brands LLC, Pirate Brands, Pretzels Holdings LLC, Reese Candy Corporation, Regional Operating HQ, Ripple Brand Collective LLC, Scharffen Berger Chocolate Maker, Servicios de Hersmex S. de R.L. de C.V., Shanghai Golden Monkey, The Hershey Investment Company LLC, The Hershey Licensing Company, The Hershey Sales Company, The Hershey Sourcing Company, The Hershey Trading North America Company, Tri-Us Inc., Van Houten (Singapore) Pte. Ltd., Van Houten Singapore Pte.Ltd., Visagis, and Y&S Candies.
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This page (NYSE:HSY) was last updated on 2/28/2024 by MarketBeat.com Staff