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Hormel Foods Corporation (HRL) is a leading packaged foods business with stocks listed in the US. It opened the day at US$48.77 after a previous close of US$48.67. During the day the price has varied from a low of USD48.33 to a high of USD48.95. The latest price was USD48.78 (25 minute delay). Hormel Foods Corporation is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Hormel Foods Corporation
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Hormel Foods Corporation. Find the share by name or ticker symbol: HRL. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Hormel Foods Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$49.43, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Hormel Foods Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Hormel Foods Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Hormel Foods Corporation key stats
- Compare share trading platforms
- Is Hormel Foods Corporation stock a buy or sell?
- Hormel Foods Corporation performance over time
- Can I short Hormel Foods Corporation shares?
- Is Hormel Foods Corporation suitable for ethical investing?
- Are Hormel Foods Corporation shares over-valued?
- Hormel Foods Corporation's financials
- How volatile are Hormel Foods Corporation shares?
- Does Hormel Foods Corporation pay a dividend?
- Have Hormel Foods Corporation shares ever split?
- Other common questions
Hormel Foods Corporation share priceUse our graph to track the performance of HRL stocks over time.
Hormel Foods Corporation shares at a glance
|52-week range||US$43.2246 - US$52.1713|
|50-day moving average||US$47.6566|
|200-day moving average||US$47.3603|
|Dividend yield||US$0.955 (1.98%)|
|Earnings per share (TTM)||US$1.62|
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Is it a good time to buy Hormel Foods Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Hormel Foods Corporation price performance over time
|1 month (2021-05-12)||4.05%|
|3 months (2021-03-12)||0.70%|
|6 months (2020-12-11)||3.35%|
|1 year (2020-06-12)||4.52%|
|2 years (2019-06-12)||17.40%|
|3 years (2018-06-12)||34.16%|
|5 years (2016-06-10)||40.33%|
Is Hormel Foods Corporation under- or over-valued?
Valuing Hormel Foods Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hormel Foods Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Hormel Foods Corporation's P/E ratio
Hormel Foods Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, Hormel Foods Corporation shares trade at around 30x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Hormel Foods Corporation's PEG ratio
Hormel Foods Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.4097. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Hormel Foods Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Hormel Foods Corporation's EBITDA
Hormel Foods Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.3 billion.
The EBITDA is a measure of a Hormel Foods Corporation's overall financial performance and is widely used to measure a its profitability.
Hormel Foods Corporation financials
|Revenue TTM||US$9.9 billion|
|Operating margin TTM||11.53%|
|Gross profit TTM||US$1.9 billion|
|Return on assets TTM||7.78%|
|Return on equity TTM||13.8%|
|Market capitalisation||US$26.4 billion|
TTM: trailing 12 months
Shorting Hormel Foods Corporation shares
There are currently 16.1 million Hormel Foods Corporation shares held short by investors – that's known as Hormel Foods Corporation's "short interest". This figure is 4.1% down from 16.8 million last month.
There are a few different ways that this level of interest in shorting Hormel Foods Corporation shares can be evaluated.
Hormel Foods Corporation's "short interest ratio" (SIR)
Hormel Foods Corporation's "short interest ratio" (SIR) is the quantity of Hormel Foods Corporation shares currently shorted divided by the average quantity of Hormel Foods Corporation shares traded daily (recently around 2.4 million). Hormel Foods Corporation's SIR currently stands at 6.63. In other words for every 100,000 Hormel Foods Corporation shares traded daily on the market, roughly 6630 shares are currently held short.
However Hormel Foods Corporation's short interest can also be evaluated against the total number of Hormel Foods Corporation shares, or, against the total number of tradable Hormel Foods Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hormel Foods Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Hormel Foods Corporation shares in existence, roughly 30 shares are currently held short) or 0.0571% of the tradable shares (for every 100,000 tradable Hormel Foods Corporation shares, roughly 57 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Hormel Foods Corporation.
Find out more about how you can short Hormel Foods Corporation stock.
Hormel Foods Corporation's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Hormel Foods Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Hormel Foods Corporation's total ESG risk score
Total ESG risk: 27
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Hormel Foods Corporation's overall score of 27 (as at 12/31/2018) is pretty good – landing it in it in the 39th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Hormel Foods Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Hormel Foods Corporation's environmental score
Environmental score: 12.54/100
Hormel Foods Corporation's environmental score of 12.54 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Hormel Foods Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Hormel Foods Corporation's social score
Social score: 12.16/100
Hormel Foods Corporation's social score of 12.16 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Hormel Foods Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Hormel Foods Corporation's governance score
Governance score: 5.29/100
Hormel Foods Corporation's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Hormel Foods Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Hormel Foods Corporation's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Hormel Foods Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Hormel Foods Corporation has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||27|
|Total ESG percentile||38.84|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
|Level of controversy||2|
Hormel Foods Corporation share dividends
Dividend payout ratio: 59.36% of net profits
Recently Hormel Foods Corporation has paid out, on average, around 59.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.03% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Hormel Foods Corporation shareholders could enjoy a 2.03% return on their shares, in the form of dividend payments. In Hormel Foods Corporation's case, that would currently equate to about $0.955 per share.
Hormel Foods Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Hormel Foods Corporation's most recent dividend payout was on 15 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 8 July 2021 (the "ex-dividend date").
Have Hormel Foods Corporation's shares ever split?
Hormel Foods Corporation's shares were split on a 2:1 basis on 9 February 2016. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Hormel Foods Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Hormel Foods Corporation shares which in turn could have impacted Hormel Foods Corporation's share price.
Hormel Foods Corporation share price volatility
Over the last 12 months, Hormel Foods Corporation's shares have ranged in value from as little as US$43.2246 up to US$52.1713. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Hormel Foods Corporation's is -0.0761. This would suggest that Hormel Foods Corporation's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Hormel Foods Corporation has bucked the trend.
Hormel Foods Corporation overview
Hormel Foods Corporation produces and markets various meat and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It offers various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products, such as canned luncheon meats, peanut butters, chilies, shelf-stable microwaveable meals, hashes, stews, meat spreads, flour and corn tortillas, salsas, tortilla chips, and other products. The company also provides turkey products; nutritional food products and supplements; dessert and drink mixes; and industrial gelatin products. It sells its products under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, etc. brand names through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
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