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HRL

HRL - Hormel Foods Corp Stock Price, Fair Value and News

30.89USD+0.15 (+0.49%)Market Closed as of 18 Jun 2024, 09:43 am ET

Market Summary

HRL
USD30.89+0.15
Market Closedas of 18 Jun 2024, 09:43 am
0.49%

HRL Stock Price

View Fullscreen

HRL RSI Chart

HRL Valuation

Market Cap

16.8B

Price/Earnings (Trailing)

21.95

Price/Sales (Trailing)

1.4

EV/EBITDA

14.09

Price/Free Cashflow

17.01

HRL Price/Sales (Trailing)

HRL Profitability

EBT Margin

8.16%

Return on Equity

9.72%

Return on Assets

5.42%

Free Cashflow Yield

5.88%

HRL Fundamentals

HRL Revenue

Revenue (TTM)

12.0B

Rev. Growth (Yr)

-3.03%

Rev. Growth (Qtr)

-3.66%

HRL Earnings

Earnings (TTM)

766.8M

Earnings Growth (Yr)

-12.87%

Earnings Growth (Qtr)

-13.52%

Breaking Down HRL Revenue

52 Week Range

30.6641.35
(Low)(High)

Last 7 days

0.5%

Last 30 days

-15.3%

Last 90 days

-10.8%

Trailing 12 Months

-25.5%

How does HRL drawdown profile look like?

HRL Financial Health

Current Ratio

1.73

Debt/Equity

0.36

Debt/Cashflow

0.45

HRL Investor Care

Dividend Yield

3.63%

Dividend/Share (TTM)

1.12

Shares Dilution (1Y)

0.19%

Diluted EPS (TTM)

1.4

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202412.1B12.0B00
202312.4B12.3B12.2B12.1B
202212.0B12.5B12.6B12.5B
20219.7B9.9B10.4B11.4B
20209.5B9.6B9.7B9.6B
20199.6B9.6B9.5B9.5B
20189.2B9.4B9.5B9.5B
20179.5B9.4B9.3B9.2B
20169.2B9.2B9.3B9.5B
20159.5B9.5B9.4B9.3B
20148.9B9.0B9.1B9.3B
20138.3B8.4B8.6B8.8B
20128.0B8.1B8.2B8.2B
20117.4B7.7B7.9B7.9B
20106.7B6.9B7.0B7.2B
2009006.6B6.5B
20080006.8B
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Tracking the Latest Insider Buys and Sells of Hormel Foods Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 11, 2024
clark mary katherine
acquired
-
-
6,118
svp & chief communications off
Jun 11, 2024
batcheler colleen
acquired
-
-
12,562
svp, external affiars & gc
Jun 01, 2024
smiley jacinth c
sold (taxes)
-211,346
30.98
-6,822
executive vp & cfo
Apr 02, 2024
ourada mark j
sold
-489,900
35.5
-13,800
group vice president
Apr 02, 2024
ourada mark j
acquired
364,044
26.38
13,800
group vice president
Apr 02, 2024
murano elsa a
sold
-151,068
35.132
-4,300
-
Mar 31, 2024
policinski christopher j.
acquired
56,437
34.89
1,617
-
Mar 31, 2024
newlands william a
acquired
38,062
34.89
1,090
-
Mar 31, 2024
white steven andrew
acquired
60,375
34.89
1,730
-
Mar 31, 2024
bhojwani gary c
acquired
60,375
34.89
1,730
-

1–10 of 50

Which funds bought or sold HRL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 13, 2024
KEYNOTE FINANCIAL SERVICES LLC
new
-
446,766
446,766
0.38%
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
688
23,332
26,350
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
reduced
-17.32
-321,000
2,418,000
-%
May 29, 2024
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
unchanged
-
32,804
411,702
0.15%
May 29, 2024
Pathway Financial Advisers, LLC
new
-
158,212
158,212
0.06%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-4.8
27,000
822,000
0.01%
May 24, 2024
Cetera Investment Advisers
added
233
7,399,090
10,214,800
0.02%
May 22, 2024
BURNEY CO/
reduced
-7.54
991
213,945
0.01%
May 21, 2024
LRI Investments, LLC
new
-
14,773
14,773
-%
May 21, 2024
Sanibel Captiva Trust Company, Inc.
added
13.5
82,552
436,404
0.01%

1–10 of 40

Are Funds Buying or Selling HRL?

Are funds buying HRL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HRL
No. of Funds

Unveiling Hormel Foods Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 07, 2024
blackrock inc.
4.96%
27,196,327
SC 13G/A
Feb 13, 2024
vanguard group inc
6.36%
34,806,061
SC 13G/A
Jan 31, 2024
blackrock inc.
5.1%
27,721,216
SC 13G/A
Feb 09, 2023
vanguard group inc
6.49%
35,456,214
SC 13G/A
Feb 01, 2023
blackrock inc.
5.3%
29,202,867
SC 13G/A
Jan 31, 2023
state street corp
4.80%
26,203,621
SC 13G/A
Jan 24, 2023
hormel foundation
46.95%
256,433,116
SC 13G/A
Feb 14, 2022
state street corp
5.43%
29,458,291
SC 13G/A
Feb 10, 2022
vanguard group inc
6.07%
32,953,376
SC 13G/A
Feb 01, 2022
blackrock inc.
5.3%
28,688,282
SC 13G/A

Recent SEC filings of Hormel Foods Corp

View All Filings
Date Filed Form Type Document
Jun 13, 2024
3
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 13, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
May 30, 2024
10-Q
Quarterly Report
May 30, 2024
8-K
Current Report
May 23, 2024
11-K
Employee Benefit Details
May 23, 2024
11-K
Employee Benefit Details
May 23, 2024
11-K
Employee Benefit Details
May 23, 2024
11-K
Employee Benefit Details

Peers (Alternatives to Hormel Foods Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
29.8B
91.7B
-2.35% -20.28%
9.78
0.32
-10.07% -31.73%
15.0B
61.3B
-0.13% 6.77%
7.7
0.25
-8.91% 30.43%
13.7B
12.1B
-6.64% -17.18%
14.41
1.13
-0.78% 18.26%
13.4B
9.4B
-3.31% -3.23%
18.14
1.42
1.46% -5.86%
11.6B
79.2B
-2.72% -6.13%
8.94
0.15
2.05% -14.37%
MID-CAP
7.1B
1.8B
-4.93% 51.78%
37.18
3.86
23.06% 29.48%
6.3B
823.2M
2.45% 103.08%
642.68
7.63
30.53% 114.65%
4.8B
5.1B
-7.36% -9.11%
38.02
0.93
4.66% -41.11%
2.9B
2.4B
0.88% 22.99%
10.38
1.2
-22.17% -63.60%
2.5B
3.3B
-17.38% 25.18%
16.8
0.75
1.49% 31.18%
SMALL-CAP
1.7B
13.6B
-5.11% 8.65%
13.69
0.12
-21.14% 9.65%
659.3M
2.0B
-11.17% -37.85%
-6
0.33
-5.45% -247.51%
421.1M
326.7M
-9.74% -49.53%
-1.26
1.29
-18.66% -2.70%
189.8M
98.6M
-8.36% -1.30%
4.76
1.93
210.58% 236.17%
6.6M
2.6M
-6.59% 325.00%
-0.2
2.58
-0.77% -36.97%

Hormel Foods Corp News

Latest updates
Yahoo New Zealand News16 Jun 202402:00 am
MarketWatch14 Jun 202409:14 pm
MarketWatch13 Jun 202409:14 pm
PR Newswire20 May 202407:00 am

Hormel Foods Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue-3.7%2,8872,9973,1982,9632,9782,9713,2833,0343,0973,0443,4552,8642,6072,4612,4202,3812,4222,3842,5022,2912,345
Gross Profit-1.0%504509514498491496566506553539578423476450458422477468494433469
  S&GA Expenses10.9%267240217291212222206222225226230226200196191181194196184180170
EBITDA Margin-1.5%0.11*0.11*0.11*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.13*0.13*0.13*0.14*0.14*0.14*0.14*0.15*0.14*0.14*
Interest Expenses18.3%22.0018.0018.0018.0018.0018.0018.0016.0015.0015.0016.0012.008.008.008.006.003.004.003.003.006.00
Income Taxes-17.8%55.0067.0050.0045.0062.0064.0077.0071.0060.0069.0070.0027.0065.0055.0044.0056.0059.0047.0068.0062.0035.00
Earnings Before Taxes-14.5%244286246208279281357290322309352204293277279259286290324261318
EBT Margin-2.7%0.08*0.08*0.08*0.09*0.10*0.10*0.10*0.10*0.10*0.10*0.10*0.10*0.11*0.11*0.12*0.12*0.12*0.13*0.13*0.13*0.13*
Net Income-13.5%189219196163217218280219262240282177228222234203228243256199282
Net Income Margin-2.8%0.06*0.07*0.07*0.07*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.09*0.09*0.09*0.10*0.10*0.10*0.10*0.10*0.10*
Free Cashflow-50.6%17635721723915516728212511533447123.00110165109242280130210141130
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets4.6%14,13513,51313,44913,42713,31613,28313,30713,14013,12212,82712,69612,3329,8899,9589,9089,6008,3958,2908,1097,9557,936
  Current Assets18.1%3,9773,3673,2973,2553,1633,1953,6373,4033,3743,0932,9482,6893,5143,6023,5793,4102,2492,3952,3612,2462,251
    Cash Equivalents54.3%1,4869637376695806009828508628246142911,4851,7521,7141,729606724673560639
  Inventory6.0%1,6741,5781,6801,7381,7461,7301,7161,6791,5971,3861,3691,4271,2291,0871,0739821,0491,0571,0421,1091,031
  Net PPE-------------------1,6291,5161,495
  Goodwill0.0%4,9294,9314,9284,9324,9304,9284,9264,9294,9364,9284,9294,9072,6142,6182,6132,6162,6832,4842,4822,4872,487
  Current Liabilities1.9%2,3052,2612,3122,3211,3051,3731,4731,4201,4811,4151,4161,2511,1751,4171,5041,4271,3251,0231,1051,0731,052
  Long Term Debt21.0%2,8532,3572,3592,3603,2943,2933,2913,2943,2943,3093,3153,3161,0401,0431,0451,04757.00309250250250
    LT Debt, Current0.3%9579549519479.009.009.009.008.009.009.009.009.002592592592588.00---
    LT Debt, Non Current21.0%2,8532,3572,3592,3603,2943,2933,2913,2943,2943,3093,3153,3161,0401,0431,0451,04757.00309250250250
Shareholder's Equity0.5%7,8867,8497,7357,7137,6927,6197,5407,3677,3457,1066,9786,7946,7066,5566,4306,2726,1666,0965,9265,8915,902
  Retained Earnings0.4%7,5917,5577,4937,4487,4357,3817,3137,1777,1016,9806,8826,7446,6996,6056,5236,4156,3376,2476,1285,9846,004
  Additional Paid-In Capital3.7%549530506499488477469459452378360354319299290277265231185170164
Accumulated Depreciation-------------------1,7261,6991,678
Shares Outstanding0.1%547547546546546546545544544543541542540540538537537535535535535
Minority Interest134.8%10.004.004.005.005.005.005.005.006.006.005.005.005.005.005.004.004.004.004.004.004.00
Float-----11,661---15,096---13,101---13,086---11,073
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Cashflow From Operations-41.5%236,147403,980319,091317,002208,125203,629371,820186,046193,355383,756564,14876,527155,573205,686249,938329,796359,872188,418350,084207,319178,168
  Share Based Compensation137.6%10,5614,4443,1315,03410,7105,2024,0104,56510,0406,3284,4314,4798,0537,7813,2693,7246,1679,2983,0003,1935,568
Cashflow From Investing-34.1%-64,562-48,154-101,055-77,421-59,599-451,469-86,210-46,016-76,131-49,680-95,519-3,443,064-47,955-39,301-150,276-82,905-362,631-60,504-134,788-69,886426,506
Cashflow From Financing365.8%354,437-133,365-149,087-144,238-165,169-141,570-142,221-140,462-79,982-124,019-143,3852,172,364-373,705-134,754-117,820872,723-110,816-77,915-100,294-215,478-481,573
  Dividend Payments3.0%154,741150,294150,372149,944150,599142,017141,916141,860141,154132,909132,908132,419132,271125,516125,373125,253124,501112,249112,082112,684112,162
  Buy Backs-----------10,305-8168,837--12,360--106,62422,813
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HRL Income Statement

2024-04-28
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Apr. 28, 2024
Apr. 30, 2023
Income Statement [Abstract]    
Net Sales$ 2,887,352$ 2,977,639$ 5,884,263$ 5,948,632
Cost of Products Sold2,383,5462,486,2204,871,7234,961,263
Gross Profit503,806491,4191,012,539987,369
Selling, General, and Administrative266,668212,492507,054434,548
Equity in Earnings of Affiliates15,18216,87031,27332,429
Operating Income252,320295,798536,758585,250
Interest and Investment Income13,4971,36532,93211,461
Interest Expense21,67918,32340,00536,670
Earnings Before Income Taxes244,139278,839529,685560,041
Provision for Income Taxes54,93161,624121,749125,175
Net Earnings189,207217,215407,936434,866
Less: Net Earnings (Loss) Attributable to Noncontrolling Interest(70)(24)(204)(92)
Net Earnings Attributable to Hormel Foods Corporation$ 189,278$ 217,239$ 408,140$ 434,958
Net Earnings Per Share    
Basic (in dollars per share)$ 0.35$ 0.40$ 0.75$ 0.80
Diluted (in dollars per share)$ 0.34$ 0.40$ 0.74$ 0.79
Weighted-average Shares Outstanding    
Basic (in shares)547,868546,424547,444546,404
Diluted (in shares)548,685549,013548,303549,522

HRL Balance Sheet

2024-04-28
CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Apr. 28, 2024
Oct. 29, 2023
Assets  
Cash and Cash Equivalents$ 1,486,368$ 736,532
Short-term Marketable Securities23,07416,664
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,691 at April 28, 2024, and $3,557 at October 29, 2023)731,984817,391
Inventories1,673,5001,680,406
Prepaid Expenses and Other Current Assets61,59246,256
Total Current Assets3,976,5193,297,249
Goodwill4,929,0344,928,464
Other Intangibles1,748,7781,757,171
Pension Assets195,530204,697
Investments in Affiliates710,029725,121
Other Assets412,359370,252
Property, Plant, and Equipment  
Land74,76074,626
Buildings1,469,5201,458,354
Equipment2,801,3332,781,730
Construction in Progress241,749195,665
Less: Allowance for Depreciation(2,424,237)(2,344,557)
Net Property, Plant, and Equipment2,163,1242,165,818
Total Assets14,135,37313,448,772
Liabilities and Shareholders’ Investment  
Accounts Payable691,498771,397
Accrued Expenses66,23551,679
Accrued Marketing Expenses117,73187,452
Employee-related Expenses238,709263,330
Interest and Dividends Payable179,773172,178
Taxes Payable53,57315,212
Current Maturities of Long-term Debt957,292950,529
Total Current Liabilities2,304,8112,311,776
Long-term Debt Less Current Maturities2,852,6042,358,719
Pension and Post-retirement Benefits356,048349,268
Deferred Income Taxes504,907498,106
Other Long-term Liabilities220,551191,917
Shareholders’ Investment  
Preferred Stock00
Additional Paid-in Capital549,130506,179
Accumulated Other Comprehensive Loss(262,325)(272,252)
Retained Earnings7,591,1577,492,952
Hormel Foods Corporation Shareholders’ Investment7,885,9907,734,885
Noncontrolling Interest10,4624,100
Total Shareholders’ Investment7,896,4527,738,985
Total Liabilities and Shareholders’ Investment14,135,37313,448,772
Common Stock, Nonvoting  
Shareholders’ Investment  
Common Stock00
Common Stock  
Shareholders’ Investment  
Common Stock$ 8,028$ 8,007
HRL
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, 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 provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, 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.
 CEO
 WEBSITEhormelfoods.com
 INDUSTRYPackaged Foods
 EMPLOYEES20000

Hormel Foods Corp Frequently Asked Questions


What is the ticker symbol for Hormel Foods Corp? What does HRL stand for in stocks?

HRL is the stock ticker symbol of Hormel Foods Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Hormel Foods Corp (HRL)?

As of Mon Jun 17 2024, market cap of Hormel Foods Corp is 16.83 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HRL stock?

You can check HRL's fair value in chart for subscribers.

What is the fair value of HRL stock?

You can check HRL's fair value in chart for subscribers. The fair value of Hormel Foods Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Hormel Foods Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HRL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Hormel Foods Corp a good stock to buy?

The fair value guage provides a quick view whether HRL is over valued or under valued. Whether Hormel Foods Corp is cheap or expensive depends on the assumptions which impact Hormel Foods Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HRL.

What is Hormel Foods Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Jun 17 2024, HRL's PE ratio (Price to Earnings) is 21.95 and Price to Sales (PS) ratio is 1.4. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HRL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Hormel Foods Corp's stock?

In the past 10 years, Hormel Foods Corp has provided 0.038 (multiply by 100 for percentage) rate of return.