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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
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
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
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
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
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
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.

4.61 out of 5 stars

Consumer Staples Sector

22nd out of 130 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
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
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.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
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
See More Headlines
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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 Sunday, March 24, 2024 at 3:05 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 earnings over the past few quarters, indicating a strong financial performance.
  • Recent insider activity, such as the purchase of shares by institutional investors like Teza Capital Management LLC and BRYN MAWR TRUST Co, can signal confidence in the company's future prospects.
  • The company's stock price has been relatively stable and has shown resilience during market fluctuations, providing a sense of security for investors.
  • Hershey's strong brand presence and market position in the confectionery industry offer stability and potential for long-term growth.
  • The company's strategic investments in product innovation and expansion into new markets demonstrate a commitment to staying competitive and driving future growth.

Cons

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

  • Despite its strong performance, Hershey faces intense competition in the confectionery sector, which could impact its market share and profitability.
  • Fluctuations in commodity prices, such as cocoa and sugar, can affect Hershey's production costs and margins, leading to potential financial challenges.
  • The company's heavy reliance on seasonal demand for its products may expose it to risks related to changing consumer preferences and economic conditions.
  • Global supply chain disruptions and inflationary pressures could impact Hershey's operational efficiency and profitability in the near term.
  • Regulatory changes, particularly related to food labeling and advertising, could pose compliance challenges and additional costs for Hershey in the future.

HSY Stock Analysis - Frequently Asked Questions

Should I buy or sell Hershey stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hershey in the last year. There are currently 1 sell rating, 14 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research 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 equities research analysts have issued 1-year target prices for Hershey's stock. Their HSY share price targets range from $180.00 to $310.00. On average, they expect the company's share 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 shares have 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 during 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 trading volume of 2,000,000 shares, the days-to-cover ratio is currently 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) issued its earnings results on Thursday, February, 8th. The company reported $2.02 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.07. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.72 billion. Hershey had a trailing twelve-month return on equity of 51.79% and a net margin of 16.67%. The company's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous 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 declared 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 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 2.85%. 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 issued an update on its FY24 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of $9.59 for the period, compared to the consensus EPS 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 number 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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