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NYSE:HSY

Hershey - HSY Stock Forecast, Price & News

$250.60
+2.74 (+1.11%)
(As of 03/27/2023 03:15 PM ET)
Add
Compare
Today's Range
$248.68
$251.13
50-Day Range
$214.52
$247.86
52-Week Range
$201.42
$251.13
Volume
759,279 shs
Average Volume
1.08 million shs
Market Capitalization
$51.13 billion
P/E Ratio
31.48
Dividend Yield
1.65%
Price Target
$248.07

Hershey MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
0.5% Downside
$248.07 Price Target
Short Interest
Healthy
1.49% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
0.34mentions of Hershey in the last 14 days
Based on 42 Articles This Week
Insider Trading
Selling Shares
$11.92 M Sold Last Quarter
Proj. Earnings Growth
7.58%
From $9.37 to $10.08 Per Share

Overall MarketRank

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

2.25 out of 5 stars

Consumer Staples Sector

66th out of 136 stocks

Sugar & Confectionery Products Industry

3rd out of 4 stocks


HSY stock logo

About Hershey (NYSE:HSY) Stock

The Hershey Co. engages in the manufacture and marketing of chocolate, sweets, mints and confectionery products. The firm operates through the following geographical segments: North America and International and Other. The North America is responsible for the traditional chocolate and non-chocolate confectionery market position of the company, as well as its grocery and snacks market positions, in the United States and Canada. The International and Other segment includes the combination of all other operating segments, including those geographic regions where the company operates outside of North America. Its brands include Hershey's, Reese's, and Kisses. The company was founded by Milton S. Hershey in 1894 and is headquartered in Hershey, PA.

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HSY Stock News Headlines

Diversify Your Income with These 2 High-Yielding Dividend ETFs (HSY)
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Hershey (NYSE:HSY) Given New $235.00 Price Target at Mizuho
Hershey (NYSE:HSY) Releases FY23 Earnings Guidance
Modern Day Options Trading For Beginners!
These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. pixel
Hershey (NYSE:HSY) Price Target Raised to $260.00
Potential TikTok ban sends advertisers scrambling
Hershey (NYSE:HSY) Stock Rating Lowered by StockNews.com
See More Headlines
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HSY Company Calendar

Last Earnings
2/02/2023
Ex-Dividend for 3/15 Dividend
2/16/2023
Dividend Payable
3/15/2023
Today
3/27/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Sugar & confectionery products
Sub-Industry
Packaged Foods & Meats
CUSIP
42786610
Employees
19,865
Year Founded
1894

Price Target and Rating

Average Stock Price Forecast
$248.07
High Stock Price Forecast
$277.00
Low Stock Price Forecast
$230.00
Forecasted Upside/Downside
+0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
14 Analysts

Profitability

Net Income
$1.64 billion
Pretax Margin
18.40%

Debt

Sales & Book Value

Annual Sales
$10.42 billion
Cash Flow
$10.44 per share
Book Value
$16.10 per share

Miscellaneous

Free Float
203,342,000
Market Cap
$50.57 billion
Optionable
Optionable
Beta
0.31

Social Links


Key Executives

  • Michele G. BuckMichele G. Buck
    Chairman, President & Chief Executive Officer
  • Steven E. VoskuilSteven E. Voskuil
    Chief Financial Officer & Senior Vice President
  • Jason R. ReimanJason R. Reiman
    Chief Supply Chain Officer & Senior VP
  • Christopher M. ScaliaChristopher M. Scalia
    Chief Human Resources Officer & Senior VP
  • Kristen RiggsKristen Riggs
    Chief Growth Officer & Senior Vice President













HSY Stock - Frequently Asked Questions

Should I buy or sell Hershey stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HSY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSY, but not buy additional shares or sell existing shares.
View HSY analyst ratings
or view top-rated stocks.

What is Hershey's stock price forecast for 2023?

14 Wall Street research analysts have issued 12 month target prices for Hershey's shares. Their HSY share price forecasts range from $230.00 to $277.00. On average, they predict the company's stock price to reach $248.07 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price.
View analysts price targets for HSY
or view top-rated stocks among Wall Street analysts.

How have HSY shares performed in 2023?

Hershey's stock was trading at $231.57 at the beginning of 2023. Since then, HSY stock has increased by 7.0% and is now trading at $247.86.
View the best growth stocks for 2023 here
.

Are investors shorting Hershey?

Hershey saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 2,630,000 shares, an increase of 22.3% from the January 31st total of 2,150,000 shares. Based on an average trading volume of 984,400 shares, the days-to-cover ratio is presently 2.7 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, April 27th 2023.
View our HSY earnings forecast
.

How were Hershey's earnings last quarter?

The Hershey Company (NYSE:HSY) announced its quarterly earnings results on Thursday, February, 2nd. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.25. The business had revenue of $2.65 billion for the quarter, compared to analysts' expectations of $2.58 billion. Hershey had a trailing twelve-month return on equity of 57.76% and a net margin of 15.79%. Hershey's revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.69 earnings per share.
Read the conference call transcript
.

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

Hershey announced a quarterly dividend on Thursday, February 2nd. Investors of record on Friday, February 17th will be given a dividend of $1.036 per share on Wednesday, March 15th. This represents a $4.14 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Thursday, February 16th.
Read our dividend analysis for HSY
.

Is Hershey a good dividend stock?

Hershey (NYSE:HSY) pays an annual dividend of $4.14 per share and currently has a dividend yield of 1.67%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HSY will have a dividend payout ratio of 41.07% 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 FY23 earnings guidance on Wednesday, March, 22nd. The company provided EPS guidance of $9.29-$9.46 for the period, compared to the consensus estimate of $9.40. The company issued revenue guidance of $11.04-$11.25 billion, compared to the consensus revenue estimate of $11.17 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 many different retail and institutional investors. Top institutional investors include Geode Capital Management LLC (1.56%), Renaissance Technologies LLC (1.30%), Morgan Stanley (1.29%), Norges Bank (0.87%), Bank of America Corp DE (0.85%) and American Century Companies Inc. (0.77%). 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, Kristen J Riggs, Michele Buck, Pamela M Arway, Pamela M Arway, Robert Malcolm and Rohit Grover.
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 $247.86.

How much money does Hershey make?

Hershey (NYSE:HSY) has a market capitalization of $50.57 billion and generates $10.42 billion in revenue each year. The company earns $1.64 billion in net income (profit) each year or $7.96 on an earnings per share basis.

How many employees does Hershey have?

The company employs 19,865 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 LLC, Brookside Foods Ltd, CSH Foods Inc., Dagoba Organic Chocolate, Dot's Pretzels, Dot's Pretzels LLC, Grupo Lorena, Hershey (China) Investment Management Co. Ltd., Hershey (Thailand) Co. Ltd., Hershey Asia Pacific Pte. Ltd., Hershey Canada Inc., Hershey Caribe Inc., Hershey Chocolate & Confectionery LLC, Hershey Chocolate Sales (Shanghai) Co. Ltd., Hershey Chocolate of Virginia LLC, 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 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, Lily's Sweets, Lily's Sweets LLC, Mauna Loa Macadamia Nut Corporation, Nutrine Confectionery Company Private Limited, ONE Brands LLC, One Brands LLC, Pirate Brands, Pretzels Holdings LLC, 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, The Hershey Investment Company LLC, The Hershey Licensing Company, The Hershey Sales Company, The Hershey Sourcing Company, The Hershey Trading North America Company, Tri-Us Inc., Van Houten (Singapore) Pte. Ltd., Van Houten Singapore Pte.Ltd., Visagis, and Y&S Candies.
Read More
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 3/27/2023 by MarketBeat.com Staff