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Hormel Foods Corp Stock Research

HRL

38.47USD+0.23(+0.60%)Market Closed

Market Summary

USD38.47+0.23
Market Closed
0.60%

HRL Stock Price

HRL RSI Chart

HRL Valuation

Market Cap

21.0B

Price/Earnings (Trailing)

21.49

Price/Sales (Trailing)

1.7

EV/EBITDA

13.29

Price/Free Cashflow

30.52

HRL Price/Sales (Trailing)

HRL Profitability

EBT Margin

10.10%

Return on Equity

12.84%

Return on Assets

7.36%

Free Cashflow Yield

3.28%

HRL Fundamentals

HRL Revenue

Revenue (TTM)

12.4B

Revenue Y/Y

-2.41%

Revenue Q/Q

-9.52%

HRL Earnings

Earnings (TTM)

978.1M

Earnings Y/Y

-9.12%

Earnings Q/Q

-22.21%

Price Action

52 Week Range

37.8251.40
(Low)(High)

Last 7 days

-2.2%

Last 30 days

-3.4%

Last 90 days

-14.7%

Trailing 12 Months

-19.7%

HRL Financial Health

Current Ratio

2.33

Debt/Equity

0.35

Debt/Cashflow

0.35

HRL Investor Care

Dividend Yield

2.74%

Dividend/Share (TTM)

1.06

Shares Dilution (1Y)

0.68%

Diluted EPS (TTM)

1.79

Peers (Alternatives to Hormel Foods)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
105.5B
32.9B
3.87% 21.70%
26.76
3.21
12.49% -5.98%
47.8B
20.0B
-4.21% 22.91%
16.42
2.47
7.14% 21.75%
23.1B
15.7B
-1.15% -2.35%
24.02
1.51
10.00% -45.78%
21.0B
12.4B
-3.44% -19.67%
21.49
1.7
3.48% 5.62%
19.2B
12.2B
-7.07% 7.63%
33.31
1.63
7.46% -38.13%
15.8B
4.8B
-0.73% 67.36%
29.07
3.28
21.64% 131.27%
MID-CAP
5.4B
17.4B
5.35% -31.00%
11.39
0.31
10.47% 122.83%
5.0B
6.1B
-4.70% 4.80%
5.78
0.83
18.23% 1243.59%
3.0B
630.7M
-6.91% -5.65%
-45.27
4.79
35.85% -83.58%
SMALL-CAP
664.0M
401.7M
-20.14% -60.45%
-2.04
1.65
-13.79% -27.19%
113.5M
263.4M
-1.65% 2.59%
2.48
0.43
5.45% 786.05%
105.4M
145.4M
1.67% 15.53%
39.78
0.72
17.44% 138.65%
39.3M
-
17.94% -22.14%
-1.52
0.88
18.50% -164.64%
36.9M
501.3M
-34.63% -62.09%
-1.02
0.07
11.63% -128.21%
4.9M
41.6M
-25.16% 16.75%
-0.63
0.12
33.68% 12.19%

Financials for Hormel Foods

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue-0.6%12,38512,45912,63012,45911,969
Gross Profit-2.0%2,1222,1652,1762,0942,016
  S&GA Expenses-0.4%875879903907883
EBITDA-1.5%1,5301,5541,5461,4951,447
EBITDA Margin-1.0%0.12*0.12*0.12*0.12*0.12*
Earnings Before Taxes-2.2%1,2501,2781,2731,1871,158
EBT Margin-1.6%0.10*0.10*0.10*0.10*0.10*
Interest Expenses5.9%66.0063.0061.0057.0050.00
Net Income-2.2%9781,0001,002960926
Net Income Margin-1.6%0.08*0.08*0.08*0.08*0.08*
Free Cahsflow-19.6%6898561,045943938
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-0.2%13,28313,30713,14013,12212,827
  Current Assets-12.1%3,1953,6373,4033,3743,093
    Cash Equivalents-38.9%600982850862824
  Inventory0.8%1,7301,7161,6791,5971,386
  Goodwill0.0%4,9284,9264,9294,9364,928
  Current Liabilities-6.8%1,3731,4731,4201,4811,415
  Long Term Debt-10.0%2,7003,0002,9003,200-
    LT Debt, Current1.5%9.009.009.008.009.00
    LT Debt, Non Current0.1%3,2933,2913,2943,2943,309
Shareholder's Equity1.0%7,6147,5357,3627,3457,106
  Retained Earnings0.9%7,3817,3137,1777,1016,980
  Additional Paid-In Capital1.7%477469459452378
Shares Outstanding0.1%546546545543-
Minority Interest3.1%5.005.005.006.006.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-15.9%9551,1351,3271,2181,180
  Share Based Compensation-4.5%24.0025.0025.0025.0023.00
Cashflow From Investing-155.7%-659-258-267-3,664-3,636
Cashflow From Financing-3.6%-504-486-4871,8251,531
  Dividend Payments1.6%567558549539531
  Buy Backs-100.0%0.0010.0010.0011.00-

Risks for HRL

What is the probability of a big loss on HRL?

7.7%


Probability that Hormel Foods stock will be more than 20% underwater in next one year

0%


Probability that Hormel Foods stock will be more than 30% underwater in next one year.

0%


Probability that Hormel Foods stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HRL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Hormel Foods was unfortunately bought at previous high price.

Drawdowns

Returns for HRL

Cumulative Returns on HRL

8.3%


10-Year Cumulative Returns

3.4%


7-Year Cumulative Returns

3.3%


5-Year Cumulative Returns

-3.9%


3-Year Cumulative Returns

What are the long-term rolling returns for HRL?

FIve years rolling returns for Hormel Foods.

Annualized Returns

Which funds bought or sold HRL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-24
Old North State Trust, LLC
reduced
-0.55
-11,000
72,000
0.05%
2023-05-23
Toroso Investments, LLC
added
153
361,000
658,000
0.01%
2023-05-22
AMERIPRISE FINANCIAL INC
added
7.99
-331,980
5,615,020
-%
2023-05-22
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
unchanged
-
-70,308
494,512
0.20%
2023-05-19
Coppell Advisory Solutions LLC
sold off
-100
-4,031
-
-%
2023-05-18
SkyView Investment Advisors, LLC
new
-
1,000
1,000
-%
2023-05-18
JPMORGAN CHASE & CO
added
37.79
6,470,020
37,824,000
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-2.33
-4,436,000
26,189,000
0.04%
2023-05-18
Guardian Wealth Advisors, LLC
reduced
-0.2
-63,429
438,860
0.34%
2023-05-17
Thrivent Financial for Lutherans
added
1.77
-340,000
2,559,000
0.01%

1–10 of 42

Latest Funds Activity

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

Hormel Foods News

AOL
Workers are feeling grim about their retirement prospects, study finds.
AOL,
12 hours ago
Zacks Investment Research

Schedule 13G FIlings of Hormel Foods

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 16, 2021
state street corp
4.83%
26,069,570
SC 13G/A
Feb 10, 2021
vanguard group inc
6.10%
32,910,894
SC 13G/A
Jan 29, 2021
blackrock inc.
5.4%
29,090,942
SC 13G/A

HRL Fair Value

Hormel Foods fair value in different scenarios

The table shows the Fair Value estimates for Hormel Foods for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

19.81

-48.51%

23.78

-38.19%

30.71

-20.17%

46.33

20.43%

68.08

76.97%
Current Inflation

18.23

-52.61%

21.60

-43.85%

27.42

-28.72%

40.44

5.12%

58.65

52.46%
Very High Inflation

16.26

-57.73%

18.95

-50.74%

23.51

-38.89%

33.65

-12.53%

47.90

24.51%

Historical Hormel Foods Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Hormel Foods

View All Filings
Date Filed Form Type Document
Apr 24, 2023
11-K
Employee Benefit Details
Apr 24, 2023
11-K
Employee Benefit Details
Apr 24, 2023
11-K
Employee Benefit Details
Apr 24, 2023
11-K
Employee Benefit Details
Apr 05, 2023
4
Insider Trading
Apr 04, 2023
4
Insider Trading
Apr 04, 2023
4
Insider Trading
Apr 04, 2023
4
Insider Trading
Apr 04, 2023
4
Insider Trading
Apr 04, 2023
4
Insider Trading

Latest Insider Trading transactions for HRL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-04-03
Murano Elsa A
sold
-243,000
40.5
-6,000
-
2023-03-31
SMITH SALLY J
acquired
69,562
39.88
1,744
-
2023-03-31
Newlands William A
acquired
38,062
39.88
954
-
2023-03-31
White Steven Andrew
acquired
60,375
39.88
1,513
-
2023-03-31
Prado Becerra Jose Luis
acquired
55,124
39.88
1,382
-
2023-03-31
Policinski Christopher J.
acquired
56,437
39.88
1,415
-
2023-03-31
Bhojwani Gary C
acquired
60,375
39.88
1,513
-
2023-03-27
Young Ray G
acquired
160,011
38.97
4,106
-
2023-03-27
Zechmeister Michael Paul
acquired
160,011
38.97
4,106
-
2023-03-27
Prado Becerra Jose Luis
sold
-202,872
39.0139
-5,200
-

1–10 of 50

James P. Snee
20000
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.

HRL Income Statement

2023-01-29
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 29, 2023
Jan. 30, 2022
Income Statement [Abstract]  
Net Sales$ 2,970,992$ 3,044,358
Cost of Products Sold2,475,0432,505,610
Gross Profit495,949538,749
Selling, General, and Administrative222,056225,972
Equity in Earnings of Affiliates15,5596,898
Operating Income289,452319,675
Interest and Investment Income10,0963,869
Interest Expense18,34714,640
Earnings Before Income Taxes281,201308,904
Provision for Income Taxes63,55169,194
Net Earnings217,651239,710
Less: Net Earnings (Loss) Attributable to Noncontrolling Interest(69)139
Net Earnings Attributable to Hormel Foods Corporation$ 217,719$ 239,571
Net Earnings Per Share  
Basic (in dollars per share)$ 0.40$ 0.44
Diluted (in dollars per share)$ 0.40$ 0.44
Weighted-average Shares Outstanding  
Basic (in shares)546,384542,680
Diluted (in shares)550,031547,928

HRL Balance Sheet

2023-01-29
CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Jan. 29, 2023
Oct. 30, 2022
Assets  
Cash and Cash Equivalents$ 599,789$ 982,107
Short-term Marketable Securities17,79216,149
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,481 at January 29, 2023, and $3,507 at October 30, 2022)787,213867,593
Inventories1,730,0861,716,059
Taxes Receivable7,1457,177
Prepaid Expenses40,06331,481
Other Current Assets13,21816,559
Total Current Assets3,195,3063,637,125
Goodwill4,927,9234,925,829
Other Intangibles1,798,7321,803,027
Pension Assets242,358245,566
Investments In and Receivables from Affiliates701,629271,058
Other Assets292,697283,169
Property, Plant, and Equipment  
Land73,95274,303
Buildings1,405,8611,398,255
Equipment2,641,5812,636,660
Construction in Progress226,908216,246
Less: Allowance for Depreciation(2,223,900)(2,184,319)
Net Property, Plant, and Equipment2,124,4022,141,146
Total Assets13,283,04713,306,919
Liabilities and Shareholders' Investment  
Accounts Payable and Accrued Expenses764,525875,405
Accrued Marketing Expenses133,240113,105
Employee Related Expenses213,540279,072
Interest and Dividends Payable158,376163,963
Taxes Payable94,77532,925
Current Maturities of Long-term Debt8,9298,796
Total Current Liabilities1,373,3851,473,266
Long-term Debt Less Current Maturities3,292,5593,290,549
Pension and Post-retirement Benefits389,423385,832
Deferred Income Taxes471,457475,212
Other Long-term Liabilities137,230141,840
Shareholders' Investment  
Preferred Stock00
Additional Paid-in Capital477,470469,468
Accumulated Other Comprehensive Loss(252,261)(255,561)
Retained Earnings7,380,6897,313,374
Hormel Foods Corporation Shareholders' Investment7,613,9047,535,284
Noncontrolling Interest5,0894,936
Total Shareholders' Investment7,618,9937,540,219
Total Liabilities and Shareholders' Investment13,283,04713,306,919
Common Stock Non-Voting  
Shareholders' Investment  
Common Stock00
Common Stock  
Shareholders' Investment  
Common Stock$ 8,006$ 8,002