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Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
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Best Bear Market Funds: Top 3 Investment Options to Consider
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A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Best Bear Market Funds: Top 3 Investment Options to Consider
Low VIX? 3 High Beta Stocks To Boost Your Returns
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Best Bear Market Funds: Top 3 Investment Options to Consider
Low VIX? 3 High Beta Stocks To Boost Your Returns
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Best Bear Market Funds: Top 3 Investment Options to Consider
Low VIX? 3 High Beta Stocks To Boost Your Returns
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
NYSE:HSY

Hershey (HSY) Stock Price, News & Analysis

$193.71
+2.81 (+1.47%)
(As of 03/27/2024 ET)
Today's Range
$191.92
$194.50
50-Day Range
$184.00
$202.32
52-Week Range
$178.82
$276.88
Volume
1.45 million shs
Average Volume
2.63 million shs
Market Capitalization
$39.51 billion
P/E Ratio
21.40
Dividend Yield
2.83%
Price Target
$225.48

Hershey MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
16.4% Upside
$225.48 Price Target
Short Interest
Healthy
1.84% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.32
Upright™ Environmental Score
News Sentiment
0.24mentions of Hershey in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth
5.32%
From $9.59 to $10.10 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.44 out of 5 stars

Consumer Staples Sector

23rd out of 136 stocks

Sugar & Confectionery Products Industry

1st out of 5 stocks

HSY stock logo

About Hershey Stock (NYSE:HSY)

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. 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, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Dot's Homestyle Pretzels, 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 exports its products in approximately 80 countries worldwide. The Hershey Company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

HSY Stock Price History

HSY Stock News Headlines

Hershey Stock Decline: An Opportunity for Investors to Buy
Value stocks are backed by impeccable businesses expected to pump out profits at high margins. The company's quality is only the start of the equation because investors also need to justify the purchase at a good enough price.
Hershey Stock Decline: An Opportunity for Investors to Buy (HSY)
Hershey stock could quickly become a buy target, as it already is for Vanguard, now that it trades at a 50% discount to all-time highs with bulletproof returns
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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Rich cocoa prices hitting shoppers with bitter chocolate costs as Easter approaches
Sweet Easter baskets will likely come at a bitter cost this year for consumers as the price of cocoa climbs to record highs
3 wealth-compounding stocks to beat the market this decade (HSY)
Consider the following wealth-compounding stocks to invest in: Equity Residential, Hershey and Ulta Beauty. Learn more with MarketBeat.
3 wealth-compounding stocks to beat the market this decade
Because the Federal Reserve (the Fed) has announced potential interest rate cuts for this year, an expectation priced in for March is now being pushed as far back as May or June, according to the FedWatch tool at the CME Group Inc. NASDAQ: CME. A rising level of uncertainty may push the fundamentals of stocks to be the primary concern when selecting future investments.
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Validea Detailed Fundamental Analysis - HSY
Hershey (NYSE:HSY) Downgraded to "Neutral" at BNP Paribas
Check Out What Whales Are Doing With HSY
Hershey Company
Hershey: Priced For Growth It Can't Deliver
Hershey (NYSE:HSY) Rating Reiterated by Royal Bank of Canada
HSY Mar 2024 192.500 put
HSY Mar 2024 202.500 call
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/15 Dividend
2/16/2024
Dividend Payable
3/15/2024
Today
3/27/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sugar & confectionery products
Sub-Industry
Packaged Foods & Meats
CUSIP
42786610
Employees
20,505
Year Founded
1894

Price Target and Rating

Average Stock Price Target
$225.48
High Stock Price Target
$310.00
Low Stock Price Target
$180.00
Potential Upside/Downside
+16.4%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
20 Analysts

Profitability

Net Income
$1.86 billion
Pretax Margin
19.45%

Debt

Sales & Book Value

Annual Sales
$11.16 billion
Cash Flow
$11.78 per share
Book Value
$20.06 per share

Miscellaneous

Free Float
203,501,000
Market Cap
$39.51 billion
Optionable
Optionable
Beta
0.34

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Should I Buy Hershey Stock? HSY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Hershey was last updated on Wednesday, March 27, 2024 at 10:57 PM.

Pros

Here are some ways that investors could benefit from investing in The Hershey Company:

  • The Hershey Company has shown consistent growth in revenue and profits over the past few quarters, indicating a strong financial performance.
  • Recent acquisitions and strategic partnerships have expanded Hershey's product portfolio and market reach, potentially leading to increased market share and revenue.
  • With a current stock price of $198.54, Hershey's stock has shown stability and potential for capital appreciation.
  • Hershey's strong brand recognition and customer loyalty provide a competitive advantage in the confectionery industry, ensuring long-term sustainability.
  • The company's focus on innovation and product development keeps it relevant in the ever-changing consumer preferences, driving future growth.

Cons

Investors should be bearish about investing in The Hershey Company for these reasons:

  • The confectionery industry is highly competitive, with potential threats from new entrants and changing consumer trends that could impact Hershey's market position.
  • Fluctuations in commodity prices, especially cocoa, can affect Hershey's production costs and profit margins, leading to financial volatility.
  • Global economic uncertainties and currency fluctuations may impact Hershey's international operations and revenue streams.
  • Regulatory changes related to food labeling, ingredients, or advertising could pose challenges for Hershey's product development and marketing strategies.
  • Dependency on seasonal demand patterns for certain products may result in revenue fluctuations and inventory management challenges for Hershey.

HSY Stock Analysis - Frequently Asked Questions

Should I buy or sell Hershey stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last twelve months. There are currently 1 sell rating, 14 hold ratings and 5 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 target for 2024?

20 Wall Street analysts have issued twelve-month price objectives for Hershey's shares. Their HSY share price targets range from $180.00 to $310.00. On average, they predict the company's stock price to reach $225.48 in the next twelve months. This suggests a possible upside of 16.4% 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 2024?

Hershey's stock was trading at $186.44 at the beginning of 2024. Since then, HSY stock has increased by 3.9% and is now trading at $193.71.
View the best growth stocks for 2024 here
.

Are investors shorting Hershey?

Hershey saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,760,000 shares, an increase of 31.9% from the February 29th total of 2,850,000 shares. Based on an average daily volume of 2,000,000 shares, the short-interest ratio is presently 1.9 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 25th 2024.
View our HSY earnings forecast
.

How were Hershey's earnings last quarter?

The Hershey Company (NYSE:HSY) released its quarterly earnings results on Thursday, February, 8th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.07. The company had revenue of $2.66 billion for the quarter, compared to analysts' expectations of $2.72 billion. Hershey had a net margin of 16.67% and a trailing twelve-month return on equity of 51.79%. The company's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the business earned $2.02 EPS.
Read the conference call transcript
.

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

Hershey announced a quarterly dividend on Wednesday, February 7th. Stockholders of record on Tuesday, February 20th will be given a dividend of $1.37 per share on Friday, March 15th. This represents a $5.48 annualized dividend and a dividend yield of 2.83%. The ex-dividend date is Friday, February 16th. This is an increase from the stock's previous quarterly dividend of $1.19.
Read our dividend analysis for HSY
.

Is Hershey a good dividend stock?

Hershey (NYSE:HSY) pays an annual dividend of $5.48 per share and currently has a dividend yield of 2.87%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HSY will have a dividend payout ratio of 54.26% 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 FY24 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of $9.59 for the period, compared to the consensus estimate of $9.60. The company issued revenue guidance of $11.39-$11.50 billion, compared to the consensus revenue estimate of $11.48 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).

Who are Hershey's major shareholders?

Hershey's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.42%), Vanguard Group Inc. (7.44%), Nordea Investment Management AB (1.15%), Hershey Trust Co. (1.01%), Norges Bank (0.92%) and Northern Trust Corp (0.86%). 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, Rohit Grover and Steven E Voskuil.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:HSY) was last updated on 3/28/2024 by MarketBeat.com Staff

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