Free Trial

Hershey (HSY) Stock Price, News & Analysis

$193.53
+0.86 (+0.45%)
(As of 07/26/2024 ET)
Today's Range
$192.19
$194.10
50-Day Range
$181.97
$208.09
52-Week Range
$178.82
$238.09
Volume
1.50 million shs
Average Volume
1.85 million shs
Market Capitalization
$39.14 billion
P/E Ratio
19.18
Dividend Yield
2.83%
Price Target
$204.89

Hershey MarketRank™ Stock Analysis

Analyst Rating
Hold
2.16 Rating Score
Upside/​Downside
5.9% Upside
$204.89 Price Target
Short Interest
Healthy
2.33% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
0.47mentions of Hershey in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$867,450 Sold Last Quarter
Proj. Earnings Growth
-1.36%
From $9.58 to $9.45 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.

3.96 out of 5 stars

Consumer Staples Sector

48th out of 136 stocks

Sugar & Confectionery Products Industry

1st out of 3 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; protein bars; 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, 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 exports its products in approximately 80 countries worldwide. The Hershey Company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

HSY Stock Price History

HSY Stock News Headlines

Factory of Pepsi Corporation in Samara, Russia. PepsiCo Inc. is an American multinational food, snack and beverage corporation
3 Stocks to Secure Your Portfolio in a High VIX Market
Three stocks come to help investor portfolios as the VIX is on the rise with uncertainty as to whether the market will successfully carry out its new rotation.
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
A Paqui One Chip Challenge chip is displayed in Boston, Friday, Sept
Lawsuit filed in case of teen who died after eating spicy chip as part of online challenge
A lawsuit has been filed in the case of a Massachusetts teen who died after participating in a spicy tortilla chip challenge on social media
HSY Jul 2024 185.000 put
Does Hershey (NYSE:HSY) Deserve A Spot On Your Watchlist?
Hershey Co. stock rises Thursday, outperforms market
Hershey (NYSE:HSY) Price Target Cut to $192.00
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
Hershey (HSY) Set to Announce Quarterly Earnings on Thursday
Hershey (NYSE:HSY) Price Target Cut to $188.00
See More Headlines
Receive HSY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Hershey and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/03/2024
Ex-Dividend for 6/14 Dividend
5/16/2024
Dividend Payable
6/14/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
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
$204.89
High Stock Price Target
$248.00
Low Stock Price Target
$179.00
Potential Upside/Downside
+5.9%
Consensus Rating
Hold
Rating Score (0-4)
2.16
Research Coverage
19 Analysts

Profitability

Net Income
$1.86 billion
Pretax Margin
20.99%

Debt

Sales & Book Value

Annual Sales
$11.16 billion
Cash Flow
$11.79 per share
Book Value
$20.06 per share

Miscellaneous

Free Float
201,541,000
Market Cap
$39.14 billion
Optionable
Optionable
Beta
0.36

Social Links

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for August 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Should I Buy Hershey Stock? HSY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Hershey Company:

  • The Hershey Company has consistently beaten earnings estimates, indicating strong financial performance and potential for growth.
  • With a dividend yield of 2.98%, Hershey offers investors a steady income stream through dividends.
  • Strong return on equity of 50.15% showcases the company's efficient use of shareholder equity to generate profits.
  • Low debt-to-equity ratio of 0.92 indicates a healthy financial structure and lower risk for investors.
  • The stock's current price is below its 50-day and 200-day moving averages, potentially presenting a buying opportunity for investors.

Cons

Investors should be bearish about investing in The Hershey Company for these reasons:

  • Analysts have issued a neutral rating on the stock, suggesting limited upside potential in the near term.
  • The P/E/G ratio of 4.09 indicates that the stock may be overvalued relative to its earnings growth potential.
  • Recent insider selling activities could signal lack of confidence in the company's future performance.
  • Market capitalization of $37.18 billion may limit significant short-term stock price appreciation.
  • With a consensus target price of $209.67, the stock may already be fairly valued, leaving little room for substantial gains.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Hershey pros and cons to contact@marketbeat.com.

HSY Stock Analysis - Frequently Asked Questions

How have HSY shares performed this year?

Hershey's stock was trading at $186.44 at the beginning of 2024. Since then, HSY stock has increased by 3.8% and is now trading at $193.53.
View the best growth stocks for 2024 here
.

How were Hershey's earnings last quarter?

The Hershey Company (NYSE:HSY) posted its earnings results on Friday, May, 3rd. The company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.33. The company's quarterly revenue was up 8.9% compared to the same quarter last year.
Read the conference call transcript
.

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.

Does Hershey have any subsidiaries?

Hershey subsidiaries include Dot's Pretzels, Lily's Sweets, One Brands LLC, Pirate Brands, Amplify Snack Brands2, Ripple Brand Collective LLC, Krave Pure Foods, and more.

Who are Hershey's major shareholders?

Hershey's top institutional investors include Bank of New York Mellon Corp (0.58%), Confluence Investment Management LLC (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.19%) and Boston Trust Walden Corp (0.14%). Insiders that own company stock include Hershey Trust Co Trustee In Tr, Michele Buck, Hershey Trust Co, Steven E Voskuil, Rohit Grover, Jason Reiman, Pamela M Arway, Charles R Raup, Robert Malcolm, Christopher M Scalia, Kristen J Riggs, Jennifer Mccalman and James Turoff.
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.

What other stocks do shareholders of Hershey own?

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

This page (NYSE:HSY) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners