NYSE:HSYHershey Stock Price, Forecast & News

Hershey's stock was trading at $148.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HSY shares have decreased by 9.8% and is now trading at $134.22. View which stocks have been most impacted by Coronavirus.

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.

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

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

Hershey announced a quarterly dividend on Thursday, April 23rd. Investors 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 2.30%. The ex-dividend date is Thursday, May 21st. View Hershey's dividend history.

20 analysts have issued 1 year target prices for Hershey's shares. Their forecasts range from $125.00 to $170.00. On average, they anticipate Hershey's share price to reach $143.06 in the next year. This suggests a possible upside of 6.6% from the stock's current price. View analysts' price targets for Hershey.

Media stories about HSY stock have been trending very negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hershey earned a news impact score of -3.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutHershey.

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

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.

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).

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

Hershey's stock is owned by a variety of retail and institutional investors. Top institutional investors 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.

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.

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.

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.

One share of HSY stock can currently be purchased for approximately $134.22.

Hershey has a market capitalization of $27.92 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.

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

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