NYSE:HSYHershey Stock Price, Forecast & News

$135.68

-0.30 (-0.22 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$133.86

Now: $135.68▼

$136.94

50-Day Range

$128.03

MA: $135.93▼

$146.46

52-Week Range

$109.88

Now: $135.68▼

$162.20

Volume2.91 million shs

Average Volume1.23 million shs

Market Capitalization$28.22 billion

P/E Ratio25.65

Dividend Yield2.27%

Beta0.17

The Hershey Company, together with its subsidiaries, manufactures and sells confectionery products. The company operates through two segments, North America; and International and Other. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products comprising mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items, including spreads, meat snacks, bars and snack bites, mixes, popcorn and protein bars, and cookies. 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, Lancaster, Payday, Rolo, Twizzlers, Whoppers, York, Scharffen Berger, Dagoba, Ice Breakers, Breathsavers, and Bubble Yum brands, as well as under the Krave, Popwell, SkinnyPop, Pirate's Boot, Oatmega, Paqui, Pelon Pelo Rico, IO-IO, Nutrine, Maha Lacto, Jumpin, Sofit, and Tyrrells 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 Hershey Company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Hershey has received a consensus rating of Hold. The company's average rating score is 2.05, and is based on 3 buy ratings, 15 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $143.06, Hershey has a potential upside of 5.4% from its current price of $135.68.
Amount of Analyst Coverage
Hershey has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Hershey has received 547 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Hershey has received 839 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Hershey has received 60.53% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Hershey and other stocks. Vote “Outperform” if you believe HSY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HSY will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
Hershey is a leading dividend payer. It pays a dividend yield of 2.27%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Hershey has been increasing its dividend for 10 years.
Dividend Coverage
The dividend payout ratio of Hershey is 53.46 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Hershey will have a dividend payout ratio of 50.49 % next year. This indicates that Hershey will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hershey insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $493,657.00 in company stock.
Percentage Held by Insiders
Only 29.39% of the stock of Hershey is held by insiders.
Percentage Held by Institutions
52.54% of the stock of Hershey is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Hershey are expected to grow by 6.43% in the coming year, from $5.75 to $6.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hershey is 25.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hershey is 25.65, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 30.54.
Price to Earnings Growth Ratio
Hershey has a PEG Ratio of 3.09. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Hershey has a P/B Ratio of 16.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.26 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Sugar & confectionery products

Sub-IndustryPackaged Foods & Meats

SectorConsumer Staples

Current SymbolNYSE:HSY

Previous Symbol

CUSIP42786610

CIK47111

Webwww.thehersheycompany.com

Phone717-534-4200

Debt

Debt-to-Equity Ratio2.06

Current Ratio0.99

Quick Ratio0.70

Price-To-Earnings

Trailing P/E Ratio25.65

Forward P/E Ratio23.60

P/E Growth3.09

Sales & Book Value

Annual Sales$7.99 billion

Price / Sales3.53

Cash Flow$7.75 per share

Price / Cash Flow17.50

Book Value$8.05 per share

Price / Book16.85

Profitability

EPS (Most Recent Fiscal Year)$5.78

Net Income$1.15 billion

Net Margins13.94%

Return on Equity71.52%

Return on Assets14.77%

Miscellaneous

Employees16,140

Outstanding Shares208,010,000

Market Cap$28.22 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Hershey (NYSE:HSY) Frequently Asked Questions

How has Hershey's stock been impacted by COVID-19 (Coronavirus)?

Hershey's stock was trading at $148.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HSY shares have decreased by 8.8% and is now trading at $135.68. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Hershey?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 2 sell ratings, 15 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Hershey.

When is Hershey's next earnings date?

Hershey is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Hershey.

How were Hershey's earnings last quarter?

Hershey Co (NYSE:HSY) posted its quarterly earnings data on Thursday, April, 23rd. The company reported $1.63 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.71 by $0.08. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.09 billion. Hershey had a net margin of 13.94% and a return on equity of 71.52%. Hershey's quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.59 EPS. View Hershey's earnings history.

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

Hershey declared a quarterly dividend on Thursday, April 23rd. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.773 per share on Monday, June 15th. This represents a $3.09 annualized dividend and a yield of 2.28%. The ex-dividend date is Thursday, May 21st. View Hershey's dividend history.

What price target have analysts set for HSY?

20 equities research analysts have issued 1-year price targets for Hershey's stock. Their forecasts range from $125.00 to $170.00. On average, they expect Hershey's stock price to reach $143.06 in the next year. This suggests a possible upside of 5.4% from the stock's current price. View analysts' price targets for Hershey.

Has Hershey been receiving favorable news coverage?

News headlines about HSY stock have been trending very negative recently, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Hershey earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the near future. View the latest news aboutHershey.

Are investors shorting Hershey?

Hershey saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,020,000 shares, a decrease of 14.2% from the April 30th total of 3,520,000 shares. Based on an average daily trading volume, of 1,370,000 shares, the short-interest ratio is currently 2.2 days. Currently, 2.1% of the shares of the company are sold short. View Hershey's Current Options Chain.

Who are some of Hershey's key competitors?

Some companies that are related to Hershey include Mondelez International (MDLZ), General Mills (GIS), Hormel Foods (HRL), MCCORMICK & CO /SH (MKC), Tyson Foods (TSN), Kellogg (K), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Lancaster Colony (LANC), Seaboard (SEB) and Hain Celestial Group (HAIN). View all competitors.

What other stocks do shareholders of Hershey own?

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

Who are Hershey's key executives?

Hershey's management team includes the following people:

Ms. Michele Gross Buck, Pres, CEO & Director (Age 57)
Mr. Terence L. O'Day, Sr. VP and Chief Product Supply & Technology Officer (Age 69)
Mr. Todd W. Tillemans, Pres of US (Age 57)
Mr. Steven E. Voskuil, Sr. VP & CFO (Age 51)
Mr. Javier H. Idrovo, Chief Accounting Officer (Age 51)

What is Hershey's stock symbol?

Hershey trades on the New York Stock Exchange (NYSE) under the ticker symbol "HSY."

Who are Hershey's major shareholders?

Hershey's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.52%), State Street Corp (3.75%), Geode Capital Management LLC (1.39%), Janus Henderson Group PLC (1.06%), Invesco Ltd. (0.84%) and Bank of New York Mellon Corp (0.81%). Company insiders that own Hershey stock include Anthony J Palmer, Damien Atkins, Hershey Trust Co, Hershey Trust Co Trustee In Tr, Jason Reiman, Javier H Idrovo, Kevin R Walling, Michele Buck, Pamela M Arway, Patricia A Little, Steven E Voskuil, Terence L O'day, Todd W Tillemans and West Mary E Stone. View institutional ownership trends for Hershey.

Which major investors are selling Hershey stock?

HSY stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., BlackRock Inc., Wells Fargo & Company MN, First Trust Advisors LP, Janus Henderson Group PLC, Nuveen Asset Management LLC, and Alberta Investment Management Corp. Company insiders that have sold Hershey company stock in the last year include Hershey Trust Co, Hershey Trust Co Trustee In Tr, Jason Reiman, Kevin R Walling, Michele Buck, Pamela M Arway, Terence L O'day, and West Mary E Stone. View insider buying and selling activity for Hershey.

Which major investors are buying Hershey stock?

HSY stock was acquired by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Unigestion Holding SA, AJO LP, AQR Capital Management LLC, Swiss National Bank, Sumitomo Mitsui Trust Holdings Inc., Advisory Research Inc., and Hexavest Inc.. Company insiders that have bought Hershey stock in the last two years include Damien Atkins, Steven E Voskuil, and Todd W Tillemans. View insider buying and selling activity for Hershey.

How do I buy shares of Hershey?

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

What is Hershey's stock price today?

One share of HSY stock can currently be purchased for approximately $135.68.

How big of a company is Hershey?

Hershey has a market capitalization of $28.22 billion and generates $7.99 billion in revenue each year. The company earns $1.15 billion in net income (profit) each year or $5.78 on an earnings per share basis. Hershey employs 16,140 workers across the globe.

What is Hershey's official website?

The official website for Hershey is www.thehersheycompany.com.

How can I contact Hershey?

Hershey's mailing address is 19 East Chocolate Avenue, Hershey PA, 17033. The company can be reached via phone at 717-534-4200.

This page was last updated on 5/30/2020 by MarketBeat.com Staff