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The Five Hottest Calls From The Q2 Earnings Season 
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
The ONLY Way to Play Markets Like These (Ad)pixel
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
The ONLY Way to Play Markets Like These (Ad)pixel
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
The ONLY Way to Play Markets Like These (Ad)pixel
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
The ONLY Way to Play Markets Like These (Ad)pixel
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
The ONLY Way to Play Markets Like These (Ad)pixel
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
The ONLY Way to Play Markets Like These (Ad)pixel

Hershey - HSY Stock Forecast, Price & News

$230.32
+4.56 (+2.02%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$225.06
$230.73
50-Day Range
$202.26
$229.78
52-Week Range
$167.80
$231.96
Volume
1.13 million shs
Average Volume
868,232 shs
Market Capitalization
$47.21 billion
P/E Ratio
29.30
Dividend Yield
1.60%
Price Target
$219.64

Hershey MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
4.6% Downside
$219.64 Price Target
Short Interest
Healthy
1.25% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
0.31mentions of Hershey in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$189.88 M Sold Last Quarter
Proj. Earnings Growth
9.02%
From $8.20 to $8.94 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Consumer Staples Sector

62nd out of 150 stocks

Sugar & Confectionery Products Industry

3rd out of 6 stocks

HSY stock logo

About Hershey (NYSE:HSY) Stock

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, meat snacks, bars and snack bites, mixes, popcorn, and protein bars. 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.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Hershey from $219.00 to $227.00 in a research note on Friday, July 29th. Royal Bank of Canada raised their price objective on shares of Hershey from $214.00 to $237.00 in a research note on Friday, April 29th. BMO Capital Markets raised their target price on shares of Hershey from $215.00 to $255.00 in a research note on Friday, April 29th. StockNews.com upgraded shares of Hershey from a "hold" rating to a "buy" rating in a research report on Saturday, May 7th. Finally, Mizuho boosted their target price on shares of Hershey from $200.00 to $210.00 in a research note on Friday, April 29th. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $219.64.

Hershey Price Performance

HSY Stock traded up $2.31 on Monday, reaching $228.07. 3,634 shares of the company's stock were exchanged, compared to its average volume of 1,058,870. The company has a quick ratio of 0.37, a current ratio of 0.74 and a debt-to-equity ratio of 1.16. The firm has a market cap of $46.75 billion, a PE ratio of 28.72, a P/E/G ratio of 3.59 and a beta of 0.34. Hershey has a twelve month low of $167.80 and a twelve month high of $231.96. The stock has a fifty day moving average of $218.15 and a 200-day moving average of $214.72.

Hershey (NYSE:HSY - Get Rating) last announced its earnings results on Thursday, July 28th. The company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.11. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.24 billion. Hershey had a return on equity of 60.62% and a net margin of 16.76%. The firm's revenue for the quarter was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.47 EPS. As a group, equities analysts predict that Hershey will post 8.2 EPS for the current fiscal year.

Hershey Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Friday, August 19th will be paid a $1.036 dividend. The ex-dividend date of this dividend is Thursday, August 18th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 1.82%. This is an increase from Hershey's previous quarterly dividend of $0.90. Hershey's dividend payout ratio is 45.80%.

Insider Activity

In related news, CEO Michele Buck sold 5,000 shares of Hershey stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $209.15, for a total value of $1,045,750.00. Following the transaction, the chief executive officer now directly owns 185,555 shares of the company's stock, valued at $38,808,828.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Hershey news, CEO Michele Buck sold 5,000 shares of the company's stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $209.15, for a total value of $1,045,750.00. Following the completion of the sale, the chief executive officer now directly owns 185,555 shares of the company's stock, valued at approximately $38,808,828.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jason Reiman sold 150 shares of the stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $209.15, for a total transaction of $31,372.50. Following the completion of the sale, the senior vice president now owns 16,317 shares in the company, valued at $3,412,700.55. The disclosure for this sale can be found here. Insiders sold 861,438 shares of company stock worth $189,878,552 in the last quarter. Corporate insiders own 0.34% of the company's stock.

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HSY Stock News Headlines

MarketBeat: Week in Review 7/25 – 7/29 (HSY)
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Sector rotation is a common market event based on the theory that economies move in cycles. Here are three stocks, one apiece, from sectors that institutions are rotating into.
Is Hershey Stock Due for a Halloween Horror Show?
Hershey warns of Halloween candy shortage
3 Reasons Why Hershey Stock Is A Buy
See More Headlines
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HSY Company Calendar

Ex-Dividend for 6/15 Dividend
5/19/2022
Dividend Payable
6/15/2022
Last Earnings
7/28/2022
Today
8/16/2022
Ex-Dividend for 9/15 Dividend
8/18/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Sugar & confectionery products
Sub-Industry
Packaged Foods & Meats
CUSIP
42786610
Employees
18,990
Year Founded
1909

Price Target and Rating

Average Stock Price Forecast
$219.64
High Stock Price Forecast
$255.00
Low Stock Price Forecast
$190.00
Forecasted Upside/Downside
-4.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
14 Analysts

Profitability

Net Income
$1.48 billion
Pretax Margin
20.00%

Debt

Sales & Book Value

Annual Sales
$8.97 billion
Cash Flow
$8.95 per share
Book Value
$13.38 per share

Miscellaneous

Free Float
204,286,000
Market Cap
$47.21 billion
Optionable
Optionable
Beta
0.34

Social Links















HSY Stock - Frequently Asked Questions

Should I buy or sell Hershey stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last twelve months. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HSY shares.
View HSY analyst ratings
or view top-rated stocks.

What is Hershey's stock price forecast for 2022?

14 analysts have issued 1-year target prices for Hershey's shares. Their HSY share price forecasts range from $190.00 to $255.00. On average, they anticipate the company's share price to reach $219.64 in the next year. This suggests that the stock has a possible downside of 4.6%.
View analysts price targets for HSY
or view top-rated stocks among Wall Street analysts.

How have HSY shares performed in 2022?

Hershey's stock was trading at $193.47 at the start of the year. Since then, HSY shares have increased by 19.0% and is now trading at $230.32.
View the best growth stocks for 2022 here
.

Are investors shorting Hershey?

Hershey saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,560,000 shares, a drop of 9.2% from the July 15th total of 2,820,000 shares. Based on an average daily volume of 1,070,000 shares, the days-to-cover ratio is presently 2.4 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, October 27th 2022.
View our HSY earnings forecast
.

How were Hershey's earnings last quarter?

The Hershey Company (NYSE:HSY) posted its quarterly earnings data on Thursday, July, 28th. The company reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.11. The business earned $2.37 billion during the quarter, compared to analyst estimates of $2.24 billion. Hershey had a trailing twelve-month return on equity of 60.62% and a net margin of 16.76%. The business's revenue was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.47 earnings per share.
Read the conference call transcript
.

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

Hershey declared a quarterly dividend on Thursday, July 28th. Stockholders of record on Friday, August 19th will be paid a dividend of $1.036 per share on Thursday, September 15th. This represents a $4.14 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Thursday, August 18th. This is an increase from the stock's previous quarterly dividend of $0.90.
Read our dividend analysis for HSY
.

Is Hershey a good dividend stock?

Hershey (NYSE:HSY) pays an annual dividend of $3.60 per share and currently has a dividend yield of 1.60%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 45.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HSY will have a dividend payout ratio of 40.27% 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 FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $8.05-$8.20 for the period, compared to the consensus EPS estimate of $8.05. The company issued revenue guidance of $10.05 billion-$10.23 billion, compared to the consensus revenue estimate of $9.99 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).

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 institutional and retail investors. Top institutional investors include State Street Corp (3.50%), Renaissance Technologies LLC (1.79%), Northern Trust Corp (0.88%), Nordea Investment Management AB (0.60%), California Public Employees Retirement System (0.52%) and UBS Asset Management Americas Inc. (0.47%). 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, Kevin R Walling, Kristen J Riggs, Michele Buck, Pamela M Arway, Pamela M Arway and West Mary E Stone.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Hershey's stock price today?

One share of HSY stock can currently be purchased for approximately $230.32.

How much money does Hershey make?

Hershey (NYSE:HSY) has a market capitalization of $47.21 billion and generates $8.97 billion in revenue each year. The company earns $1.48 billion in net income (profit) each year or $7.86 on an earnings per share basis.

How many employees does Hershey have?

The company employs 18,990 workers across the globe.

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, Brookside Foods Ltd, CSH Foods Inc., Dagoba Organic Chocolate, Grupo Lorena, Hershey (China) Investment Management Co. Ltd., Hershey (Shanghai) Foods Research and Development Co. Ltd., Hershey (Thailand) Co. Ltd., Hershey Asia Pacific Pte. Ltd., Hershey Canada Inc., Hershey Caribe Inc., Hershey Chocolate & Confectionery LLC, Hershey Chocolate of Virginia LLC, Hershey Commercial (Shanghai) Co. Ltd., 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 Singapore Pte. Ltd., 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, Krave Pure Foods Inc., LH Foods Co. Limited (50 % ownership), Lotte Shanghai Foods Co. Ltd. (50% ownership), Mauna Loa Macadamia Nut Corporation, Nutrine Confectionery Company Private Limited, ONE Brands LLC, Pirate Brands, 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, Tri-Us Inc., Van Houten (Singapore) Pte. Ltd., Visagis, and Y&S Candies.
Read More
When was Hershey founded?

Hershey was founded in 1909.

How can I contact Hershey?

Hershey's mailing address is 19 East Chocolate Avenue, Hershey PA, 17033. The official website for the company is www.thehersheycompany.com. The company can be reached via phone at (717) 534-4200, via email at investorrelations@hersheys.com, or via fax at 717-534-7873.

This page (NYSE:HSY) was last updated on 8/16/2022 by MarketBeat.com Staff

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