The Hershey Company [NYSE: HSY] traded at a high on 06/08/20, posting a 0.17 gain after which it closed the day’ session at $135.67. The results of the trading session contributed to over 1233060 shares changing hands. Over the past one week, the price volatility of The Hershey Company stands at 2.04% while the volatility over the past one month is 2.28%.
The market cap for HSY stock reached $27.80 billion, with 208.91 million shares outstanding and 146.98 million shares in the current float. Compared to the average trading volume of 1.50M shares, HSY reached a trading volume of 1233060 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about The Hershey Company [HSY]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HSY shares is $142.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HSY stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for The Hershey Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 24, 2020. The new note on the price target was released on April 23, 2020, representing the official price target for The Hershey Company stock. Previously, the target price had yet another raise to $146, while Morgan Stanley analysts kept a Equal-Weight rating on HSY stock. On March 25, 2020, analysts increased their price target for HSY shares from 134 to 138.
The Average True Range (ATR) for The Hershey Company is set at 3.02, with the Price to Sales ratio for HSY stock in the period of the last 12 months amounting to 3.47. The Price to Book ratio for the last quarter was 16.96, with the Price to Cash per share for the same quarter was set at 5.34. Price to Free Cash Flow for HSY in the course of the last twelve months was 38.46 with Quick ratio for the last quarter at 0.70.
How has HSY stock performed recently?
The Hershey Company [HSY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.56. With this latest performance, HSY shares gained by 3.94% in over the last four-week period, additionally sinking by -9.54% over the last 6 months – not to mention a drop of -1.70% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HSY stock in for the last two-week period is set at 52.81, with the RSI for the last a single of trading hit 56.89, and the three-weeks RSI is set at 51.10 for The Hershey Company [HSY]. The present Moving Average for the last 50 days of trading for this stock 135.74, while it was recorded at 135.19 for the last single week of trading, and 146.09 for the last 200 days.
The Hershey Company [HSY]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and The Hershey Company [HSY] shares currently have an operating margin of +21.09 and a Gross Margin at +44.91. The Hershey Company’s Net Margin is presently recorded at +14.40.
Return on Total Capital for HSY is now 27.86, given the latest momentum, and Return on Invested Capital for the company is 22.75. Return on Equity for this stock inclined to 73.28, with Return on Assets sitting at 14.51. When it comes to the capital structure of this company, The Hershey Company [HSY] has a Total Debt to Total Equity ratio set at 257.58. Additionally, HSY Total Debt to Total Capital is recorded at 72.03, with Total Debt to Total Assets ending up at 55.03. Long-Term Debt to Equity for the company is recorded at 213.60, with the Long-Term Debt to Total Capital now at 59.74.
Reflecting on the efficiency of the workforce at the company, The Hershey Company [HSY] managed to generate an average of $71,232 per employee. Receivables Turnover for the company is 13.74 with a Total Asset Turnover recorded at a value of 1.01.The Hershey Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.00.
Earnings analysis for The Hershey Company [HSY]
With the latest financial reports released by the company, The Hershey Company posted 1.31/share EPS, while the average EPS was predicted by analysts to be reported at 1.18/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 11.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HSY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Hershey Company go to 6.85%.
Insider trade positions for The Hershey Company [HSY]
There are presently around $15,062 million, or 77.50% of HSY stock, in the hands of institutional investors. The top three institutional holders of HSY stocks are: BLACKROCK INC. with ownership of 15,781,454, which is approximately -3.15% of the company’s market cap and around 0.30% of the total institutional ownership; VANGUARD GROUP INC, holding 12,820,683 shares of the stock with an approximate value of $1.74 billion in HSY stocks shares; and STATE STREET CORP, currently with $1.06 billion in HSY stock with ownership of nearly 0.919% of the company’s market capitalization.
Positions in The Hershey Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 366 institutional holders increased their position in The Hershey Company [NYSE:HSY] by around 7,165,353 shares. Additionally, 478 investors decreased positions by around 8,618,088 shares, while 197 investors held positions by with 95,424,296 shares. The mentioned changes placed institutional holdings at 111,207,737 shares, according to the latest SEC report filing. HSY stock had 83 new institutional investments in for a total of 1,058,764 shares, while 113 institutional investors sold positions of 934,354 shares during the same period.