NYSE:HSY

The Hershey Stock Forecast, Price & News

$171.60

+4.00 (+2.39 %)

(As of 05/13/2021 12:00 AM ET)

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Today's Range

$167.10

▼

$172.54

50-Day Range

$157.04

▼

$170.31

52-Week Range

$125.50

▼

$172.54

Volume1.46 million shs

Average Volume993,544 shs

Market Capitalization$35.52 billion

P/E Ratio30.11

Dividend Yield1.92%

Beta0.31

30 days | 90 days | 365 days | Advanced Chart

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About The Hershey

The Hershey Company, together with its subsidiaries, manufactures and sells confectionery products and pantry items. The company operates in 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, Ice Breakers, Breathsavers, Bubble Yum, SkinnyPop, Pirate's Booty, Oatmega, Paqui, 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.

Sweet Results From The Hershey Company Drive Shares To New Highs (HSY)
April 29, 2021 | marketbeat.com

Sweet Results From The Hershey Company Drive Shares To New Highs
April 29, 2021 | marketbeat.com

Increases to The Hershey Company's (NYSE:HSY) CEO Compensation Might Cool off for now
May 12, 2021 | nasdaq.com

The Hershey (NYSE:HSY) Sets New 12-Month High at $172.01
May 11, 2021 | americanbankingnews.com

Hershey Is Expecting a Strong Year in 2021
May 10, 2021 | baystreet.ca

The Hershey (NYSE:HSY) Updates FY 2021 Earnings Guidance
May 6, 2021 | americanbankingnews.com

Hershey Voluntarily Recalls Hershey's Chocolate Shell Topping Due to Undeclared Almonds
May 5, 2021 | finance.yahoo.com

The Hershey (NYSE:HSY) Reaches New 1-Year High at $168.05
May 5, 2021 | americanbankingnews.com

The Hershey (NYSE:HSY) Price Target Raised to $187.00 at Citigroup
May 3, 2021 | americanbankingnews.com

Does Hershey (NYSE:HSY) Deserve A Spot On Your Watchlist?
May 2, 2021 | finance.yahoo.com

See More Headlines

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

Employees15,200

Year Founded1909

Sales & Book Value

Annual Sales$7.99 billion

Price / Sales4.45

Cash Flow$8.89 per share

Price / Cash Flow19.30

Book Value$8.36 per share

Price / Book20.53

Profitability

EPS (Most Recent Fiscal Year)$5.78

Net Income$1.15 billion

Net Margins14.87%

Return on Equity70.30%

Return on Assets14.48%

Debt

Debt-to-Equity Ratio1.98

Current Ratio1.44

Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio30.11

Forward P/E Ratio27.54

P/E Growth2.98

Miscellaneous

Outstanding Shares206,996,000

Market Cap$35.52 billion

Next Earnings Date7/22/2021 (Estimated)

OptionableOptionable

Social Links

MarketRank^™

Overall MarketRank^™

1.74 out of 5 stars

Consumer Staples Sector

52nd out of 301 stocks

Sugar & Confectionery Products Industry

3rd out of 6 stocks

1.3 Analyst's Opinion

Consensus Rating
The Hershey has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 9 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $166.57, The Hershey has a forecasted downside of 2.9% from its current price of $171.60.
Amount of Analyst Coverage
The Hershey has only been the subject of 4 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
The Hershey has received 563 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The Hershey has received 860 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The Hershey has received 60.44% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The 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.

3.3 Dividend Strength

Dividend Yield
The Hershey pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
The Hershey has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of The Hershey is 55.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, The Hershey will have a dividend payout ratio of 49.01% next year. This indicates that The Hershey will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The 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 $2,914,171.00 in company stock.
Percentage Held by Insiders
Only 29.39% of the stock of The Hershey is held by insiders.
Percentage Held by Institutions
52.12% of the stock of The 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 The Hershey are expected to grow by 5.46% in the coming year, from $6.23 to $6.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Hershey is 30.11, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Hershey is 30.11, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 44.05.
Price to Earnings Growth Ratio
The Hershey has a PEG Ratio of 2.98. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The Hershey has a P/B Ratio of 20.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

The Hershey (NYSE:HSY) Frequently Asked Questions

Is The Hershey a buy right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Hershey in the last twelve months. There are currently 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" The Hershey stock.
View analyst ratings for The Hershey or view top-rated stocks.

What stocks does MarketBeat like better than The Hershey?

Wall Street analysts have given The Hershey a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Hershey wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is The Hershey's next earnings date?

The Hershey is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for The Hershey.

How were The Hershey's earnings last quarter?

The Hershey Company (NYSE:HSY) issued its earnings results on Thursday, April, 29th. The company reported $1.92 EPS for the quarter, beating the Zacks' consensus estimate of $1.80 by $0.12. The business earned $2.30 billion during the quarter, compared to analyst estimates of $2.12 billion. The Hershey had a net margin of 14.87% and a trailing twelve-month return on equity of 70.30%. The company's quarterly revenue was up 12.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.63 EPS.
View The Hershey's earnings history.

How has The Hershey's stock price been impacted by COVID-19?

The Hershey's stock was trading at $148.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HSY shares have increased by 15.3% and is now trading at $171.60.
View which stocks have been most impacted by COVID-19.

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

The Hershey declared a quarterly dividend on Thursday, April 29th. Investors of record on Friday, May 21st will be paid a dividend of $0.804 per share on Tuesday, June 15th. This represents a $3.22 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Thursday, May 20th.
View The Hershey's dividend history.

Is The Hershey a good dividend stock?

The Hershey pays an annual dividend of $3.22 per share and currently has a dividend yield of 1.92%. The Hershey has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of The Hershey is 55.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Hershey will have a dividend payout ratio of 49.01% next year. This indicates that The Hershey will be able to sustain or increase its dividend.
View The Hershey's dividend history.

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

The Hershey issued an update on its FY 2021 earnings guidance on Thursday, May, 6th. The company provided EPS guidance of 6.790-6.920 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.750. The company issued revenue guidance of $8.48 billion-$8.64 billion, compared to the consensus revenue estimate of $8.40 billion.

What price target have analysts set for HSY?

15 equities research analysts have issued 12 month target prices for The Hershey's shares. Their forecasts range from $140.00 to $187.00. On average, they anticipate The Hershey's stock price to reach $166.57 in the next twelve months. This suggests that the stock has a possible downside of 2.9%.
View analysts' price targets for The Hershey or view top-rated stocks among Wall Street analysts.

Who are The Hershey's key executives?

The Hershey's management team includes the following people:

Ms. Michele Gross Buck, Chairman, Pres & CEO (Age 59, Pay $4.13M)
Mr. Steven E. Voskuil, Sr. VP & CFO (Age 53, Pay $1.91M) (LinkedIn Profile)
Mr. Jason R. Reiman, Sr. VP & Chief Supply Chain Officer (Age 49, Pay $1.15M) (LinkedIn Profile)
Mr. Charles R. Raup, Pres of U.S. (Age 53, Pay $1.29M) (LinkedIn Profile)
Ms. Jennifer L. McCalman, VP & Chief Accounting Officer (Age 43)
Ms. Melissa Poole, VP of Investor Relations & Corp. Fin.
Mr. James Turoff, VP, Assistant Sec. & Acting Gen. Counsel
Mr. Christopher M Scalia, Sr. VP & Chief HR Officer (Age 45) (LinkedIn Profile)
Mr. Rohit Grover, Pres of International (LinkedIn Profile)
Ms. Kristen J. Riggs, Sr. VP & Chief Growth Officer (Age 42) (LinkedIn Profile)

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

208 employees have rated The Hershey CEO Michele Buck on Glassdoor.com. Michele Buck has an approval rating of 89% among The Hershey's employees.

Who are some of The Hershey's key competitors?

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

What other stocks do shareholders of The Hershey own?

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

What is The Hershey's stock symbol?

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

Who are The Hershey's major shareholders?

The Hershey's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.28%), Renaissance Technologies LLC (1.62%), Geode Capital Management LLC (1.37%), Victory Capital Management Inc. (1.14%), Northern Trust Corp (0.92%) and Champlain Investment Partners LLC (0.81%). Company insiders that own The Hershey stock include Anthony J Palmer, Christopher M Scalia, Damien Atkins, Hershey Trust Co, Hershey Trust Co Trustee In Tr, Jason Reiman, Kevin R Walling, Michele Buck, Pamela M Arway, Steven E Voskuil, Terence L O'day, Todd W Tillemans and West Mary E Stone.
View institutional ownership trends for The Hershey.

Which major investors are selling The Hershey stock?

HSY stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Conning Inc., NN Investment Partners Holdings N.V., Shell Asset Management Co., Robeco Institutional Asset Management B.V., Boston Financial Mangement LLC, Citigroup Inc., and Franklin Resources Inc.. Company insiders that have sold The Hershey company stock in the last year include Christopher M Scalia, Michele Buck, and Pamela M Arway.
View insider buying and selling activity for The Hershey or view top insider-selling stocks.

Which major investors are buying The Hershey stock?

HSY stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Acadian Asset Management LLC, Federated Hermes Inc., JPMorgan Chase & Co., Los Angeles Capital Management LLC, Raymond James Trust N.A., DekaBank Deutsche Girozentrale, and Assenagon Asset Management S.A.. Company insiders that have bought The Hershey stock in the last two years include Damien Atkins, Steven E Voskuil, and Todd W Tillemans.
View insider buying and selling activity for The Hershey or or view top insider-buying stocks.

How do I buy shares of The Hershey?

Shares of HSY 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 The Hershey's stock price today?

One share of HSY stock can currently be purchased for approximately $171.60.

How much money does The Hershey make?

The Hershey has a market capitalization of $35.52 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.

How many employees does The Hershey have?

The Hershey employs 15,200 workers across the globe.

Does The Hershey have any subsidiaries?

The following companies are subsidiares of The 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.

When was The Hershey founded?

The Hershey was founded in 1909.

What is The Hershey's official website?

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

Where are The Hershey's headquarters?

The Hershey is headquartered at 19 East Chocolate Avenue, Hershey PA, 17033.

How can I contact The Hershey?

The 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 5/13/2021 by MarketBeat.com Staff

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