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HRL

Hormel Foods Corp

HRL

31.51USD-0.34 (-1.07%)Delayed as of 08 Dec 2023, 11:49 am
Watchlist

Market Summary

USD31.51-0.34
Delayedas of 08 Dec 2023, 11:49 am
-1.07%

HRL Stock Price

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HRL RSI Chart

HRL Valuation

Market Cap

17.4B

Price/Earnings (Trailing)

21.93

Price/Sales (Trailing)

1.44

EV/EBITDA

12.44

Price/Free Cashflow

22.38

HRL Price/Sales (Trailing)

HRL Profitability

EBT Margin

9.23%

Return on Equity

11.38%

Return on Assets

6.54%

Free Cashflow Yield

4.47%

HRL Fundamentals

HRL Revenue

Revenue (TTM)

12.1B

Revenue Y/Y

-2.6%

Revenue Q/Q

7.92%

HRL Earnings

Earnings (TTM)

793.6M

Earnings Y/Y

-29.99%

Earnings Q/Q

20.44%

Price Action

52 Week Range

31.4847.73
(Low)(High)

Last 7 days

4.2%

Last 30 days

-2.2%

Last 90 days

-14.2%

Trailing 12 Months

-33.1%

How does HRL drawdown profile look like?

HRL Financial Health

Current Ratio

1.4

HRL Investor Care

Dividend Yield

3.45%

Dividend/Share (TTM)

1.1

Shares Dilution (1Y)

0.34%

Diluted EPS (TTM)

1.46

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
20106.6B6.7B6.8B7.2B
20096.7B6.6B6.6B6.5B
20080006.8B
Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for HRL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Oct 13, 2023
myers kevin l
sold
-160,855
30.9336
-5,200
senior vice president
Oct 13, 2023
myers kevin l
acquired
119,548
22.99
5,200
senior vice president
Oct 03, 2023
myers kevin l
acquired
-
-
2,653
senior vice president
Sep 30, 2023
bhojwani gary c
acquired
60,374
38.03
1,587
-
Sep 30, 2023
newlands william a
acquired
38,062
38.03
1,000
-
Sep 30, 2023
smith sally j
acquired
69,562
38.03
1,829
-
Sep 30, 2023
policinski christopher j.
acquired
56,437
38.03
1,484
-
Sep 30, 2023
white steven andrew
acquired
60,374
38.03
1,587
-

1–10 of 50

Which funds bought or sold HRL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
VisionPoint Advisory Group, LLC
added
73.19
8,128
20,877
 0.01%
Dec 06, 2023
CITIGROUP INC
reduced
-13.02
-3,947,120
18,282,300
 0.01%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
added
63.6
194,064
548,925
 0.15%
Dec 04, 2023
Trust Co
unchanged
-
-905
15,706
 -%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
reduced
-18.85
-73,284
241,719
 0.01%
Dec 01, 2023
Fortis Group Advisors, LLC
new
-
3,347
3,347
 -%
Nov 30, 2023
Neo Ivy Capital Management
new
-
1,118,000
1,118,000
 0.49%
Nov 30, 2023
Modera Wealth Management, LLC
unchanged
-
-14,800
257,007
 -%
Nov 27, 2023
BANQUE PICTET & CIE SA
sold off
-100
-418,730
-
 -%
Nov 24, 2023
DEUTSCHE BANK AG\
added
1.68
-1,446,100
36,051,500
 0.02%

1–10 of 42

Latest Funds Activity

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

Schedule 13G FIlings of Hormel Foods Corp

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

Recent SEC filings of Hormel Foods Corp

View All Filings
Date Filed Form Type Document
Dec 07, 2023
PRE 14A
PRE 14A
Dec 06, 2023
10-K
Annual Report
Nov 29, 2023
8-K
Current Report
Nov 28, 2023
144
Notice of Insider Sale Intent
Nov 28, 2023
144
Notice of Insider Sale Intent
Nov 17, 2023
8-K
Current Report
Oct 24, 2023
4/A
Insider Trading
Oct 24, 2023
4/A
Insider Trading
Oct 16, 2023
4
Insider Trading
Oct 06, 2023
144
Notice of Insider Sale Intent

HRL Fair Value

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Peers (Alternatives to Hormel Foods Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ADM
39.9B
96.9B
 2.36% -20.35%
10.12
0.41
 -1.83% -4.05%
BG
15.2B
61.3B
 -0.43% 9.75%
7.77
0.25
 -8.91% 30.43%
CPB
13.0B
9.3B
 7.44% -22.68%
16.34
1.4
 4.48% 0.25%
ACI
12.7B
-
 0.59% 2.70%
8.89
0.15
 4.54% -19.68%
MID-CAP
BRBR
7.2B
1.7B
 18.01% 113.37%
43.41
4.31
 21.53% 101.09%
FLO
4.6B
-
 -0.72% -24.96%
32.81
0.89
 7.18% -37.78%
FRPT
3.6B
717.3M
 11.21% 24.20%
-70.27
5.08
 31.52% 21.30%
CALM
2.5B
2.9B
 3.32% -14.13%
3.92
0.84
 39.64% 129.62%
CENT
2.4B
3.3B
 -0.07% 16.00%
18.83
0.71
 -0.85% -17.42%
SMALL-CAP
ANDE
1.8B
16.2B
 -0.06% 47.35%
29.76
0.11
 -1.31% -61.09%
BGS
805.9M
2.1B
 14.65% -14.54%
-18.12
0.38
 -0.20% -9.85%
BYND
586.6M
349.6M
 30.56% -41.67%
-2.35
1.68
 -20.48% 34.17%
ALCO
226.9M
39.8M
 15.54% 6.84%
123.64
5.69
 -56.66% -85.27%
AQB
14.5M
2.4M
 27.70% 525.72%
-0.58
6.13
 -23.63% -13.75%

Hormel Foods Corp News

Latest updates
Defense World • 08 Dec 2023 • 06:06 am • 10 hours ago
Hormel Foods Corp. (HRL) The Story Behind The Stats: Analyzing ...
Nasdaq • 07 Dec 2023 • 04:01 pm • 24 hours ago
HRL January 2024 Options Begin Trading
Yahoo Finance • 07 Dec 2023 • 06:30 am • 34 hours ago
Decoding Hormel Foods Corp (HRL): A Strategic SWOT Insight
InvestorsObserver • 04 Dec 2023 • 07:27 pm • 3 days ago
Is Hormel Foods Corp (HRL) Stock a Attractive Value?
MarketWatch • 29 Nov 2023 • 10:12 pm • 8 days ago
Tyson Foods Inc. Cl A stock underperforms Wednesday when compared to competitors
InvestorsObserver • 29 Nov 2023 • 08:14 pm • 8 days ago
Hormel Foods Corp Down 4.76% To $30.43 After Earnings
InvestorsObserver • 29 Nov 2023 • 07:17 pm • 8 days ago
Consumer Defensive Stocks on the Move Wednesday: BIG, HNST, SKIN, BYND, BIMI, BTOG, GROV, HRL
finanznachrichten.de • 29 Nov 2023 • 11:54 am • 9 days ago
Hormel Foods Corp Q4 Profit Decreases, misses estimates
Morningstar • 29 Nov 2023 • 11:20 am • 9 days ago
Hormel misses profit and sales expectations, but the stock gains ...
Yahoo Finance • 29 Nov 2023 • 08:00 am • 9 days ago
Hormel Foods Corp (HRL) Reports Fiscal 2023 Earnings with Strong ...
Investopedia • 29 Nov 2023 • 08:00 am • 9 days ago
Markets News, Nov. 29, 2023: Stock Rally Fizzles; Oil, Gold Rise ...
Advisor Perspectives • 28 Nov 2023 • 12:11 pm • 10 days ago
Food Stocks: Are They Good Investments? - F.A.S.T. Graphs ...
InvestorsObserver • 27 Nov 2023 • 08:29 pm • 10 days ago
Hormel Foods Corp (HRL) Stock: How Does it Score on Fundamental Metrics?
Nasdaq • 27 Nov 2023 • 08:00 am • 11 days ago
Validea Detailed Fundamental Analysis - HRL
Nasdaq • 22 Nov 2023 • 08:00 am • 16 days ago
January 2024 Options Now Available For Hormel Foods (HRL)

Financials for Hormel Foods Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue7.9%3,1982,9632,9782,9713,2833,0343,0973,0443,4552,8642,6072,4612,4202,3812,4222,3842,5022,2912,3452,3602,525
Gross Profit3.3%514498491496566506553539578423476450458422477468494433469488533
  S&GA Expenses-25.6%217291212222206222225226230226200196191181194196184180170194205
EBITDA Margin-100.0%-0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.13*0.14*0.14*0.14*0.14*0.14*0.14*0.15*0.15*0.15*0.14*0.14*
Interest Expenses-0.1%18.0018.0018.0018.0018.0016.0015.0015.0016.0012.008.008.008.006.003.004.003.003.006.006.006.00
Income Taxes11.7%50.0045.0062.0064.0077.0071.0060.0069.0070.0027.0065.0055.0044.0056.0059.0047.0068.0062.0035.0065.0060.00
Earnings Before Taxes18.4%246208279281357290322309352204293277279259286290324261318307322
EBT Margin-100.0%-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*0.12*0.12*
Net Income20.4%196163217218280219262240282177228222234203228243256199282241261
Net Income Margin-100.0%-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*0.10*0.11*
Free Cashflow-100.0%-23915516728212511533447123.00110165109242280130210141130148353
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.2%13,44913,42713,31613,28313,30713,14013,12212,82712,69612,3329,8899,9589,9089,6008,3958,2908,1097,9557,9368,1558,142
  Current Assets1.3%3,2973,2553,1633,1953,6373,4033,3743,0932,9482,6893,5143,6023,5793,4102,2492,3952,3612,2462,2512,1012,050
    Cash Equivalents10.1%7376695806009828508628246142911,4851,7521,7141,729606724673560639513459
  Inventory-3.3%1,6801,7381,7461,7301,7161,6791,5971,3861,3691,4271,2291,0871,0739821,0491,0571,0421,1091,031994964
  Net PPE-----------------1,6291,5161,4951,4841,513
  Goodwill-0.1%4,9284,9324,9304,9284,9264,9294,9364,9284,9294,9072,6142,6182,6132,6162,6832,4842,4822,4872,4872,7172,714
  Current Liabilities-0.4%2,3122,3211,3051,3731,4731,4201,4811,4151,4161,2511,1751,4171,5041,4271,3251,0231,1051,0731,0521,4361,139
    LT Debt, Current0.4%9519479.009.009.009.008.009.009.009.009.002592592592588.00---375-
    LT Debt, Non Current-0.1%2,3592,3603,2943,2933,2913,2943,2943,3093,3153,3161,0401,0431,0451,04757.00309250250250250625
Shareholder's Equity0.3%7,7397,7137,6927,6197,5357,3677,3457,1066,9786,7946,7066,5566,4306,2726,1666,0965,9265,8915,9025,7065,605
  Retained Earnings0.6%7,4937,4487,4357,3817,3137,1777,1016,9806,8826,7446,6996,6056,5236,4156,3376,2476,1285,9846,0045,8565,730
  Additional Paid-In Capital1.4%506499488477469459452378360354319299290277265231185170164130107
Accumulated Depreciation-----------------1,7261,6991,6781,6471,689
Shares Outstanding-100.0%-546546546545544544543541541540540538537537535535534535534531
Minority Interest-10.8%4.005.005.005.005.005.006.006.005.005.005.005.005.004.004.004.004.004.004.004.004.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations0.7%319,091,000317,002,000208,125,000203,629,000371,820,000186,046,000193,355,000383,756,000564,148,00076,527,000155,573,000205,686,000249,938,000329,796,000359,872,000188,418,000350,084,000207,319,000178,168,000187,425,000498,524,000
  Share Based Compensation-37.8%3,131,0005,034,00010,710,0005,202,0004,010,0004,565,00010,040,0006,328,0004,431,0004,479,0008,053,0007,781,0003,269,0003,724,0006,167,0009,298,0003,000,0003,193,0005,568,0007,946,0002,939,000
Cashflow From Investing-30.5%-101,055,000-77,421,000-59,599,000-451,469,000-86,210,000-46,016,000-76,131,000-49,680,000-95,519,000-3,443,064,000-47,955,000-39,301,000-150,276,000-82,905,000-362,631,000-60,504,000-134,788,000-69,886,000426,506,000-1,679,000-139,398,000
Cashflow From Financing-3.4%-149,087,000-144,238,000-165,169,000-141,570,000-142,221,000-140,462,000-79,982,000-124,019,000-143,385,0002,172,364,000-373,705,000-134,754,000-117,820,000872,723,000-110,816,000-77,915,000-100,294,000-215,478,000-481,573,000-128,899,000-165,639,000
  Dividend Payments0.3%150,372,000149,944,000150,599,000142,017,000141,916,000141,860,000141,154,000132,909,000132,908,000132,419,000132,271,000125,516,000125,373,000125,253,000124,501,000112,249,000112,082,000112,684,000112,162,000100,125,00099,592,000
  Buy Backs---------10,305,000-816,0008,837,000--12,360,000--106,624,00022,813,00044,809,0002,157,000

HRL Income Statement

2023-10-29
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 31, 2021
Income Statement [Abstract]   
Net Sales$ 12,110,010$ 12,458,806$ 11,386,189
Cost of Products Sold10,110,16910,294,1209,458,283
Gross Profit1,999,8412,164,6861,927,906
Selling, General, and Administrative942,167879,265853,071
Equity in Earnings of Affiliates42,75427,18547,763
Goodwill and Intangible Impairment28,38300
Operating Income1,072,0461,312,6071,122,599
Interest and Investment Income14,82828,01246,878
Interest Expense73,40262,51543,307
Earnings Before Income Taxes1,013,4721,278,1031,126,170
Provision for Income Taxes220,552277,877217,029
Net Earnings792,9201,000,226909,140
Less: Net Earnings (Loss) Attributable to Noncontrolling Interest(653)239301
Net Earnings Attributable to Hormel Foods Corporation$ 793,572$ 999,987$ 908,839
Net Earnings Per Share:   
Basic (in dollars per share)$ 1.45$ 1.84$ 1.68
Diluted (in dollars per share)$ 1.45$ 1.82$ 1.66
Weighted-average Shares Outstanding:   
Basic (in shares)546,421544,918541,114
Diluted (in shares)548,982549,566547,580

HRL Balance Sheet

2023-10-29
Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Oct. 29, 2023
Oct. 30, 2022
Assets  
Cash and Cash Equivalents$ 736,532$ 982,107
Short-term Marketable Securities16,66416,149
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,557 at October 29, 2023 and $3,507 at October 30, 2022)817,391867,593
Inventories1,680,4061,716,059
Taxes Receivable7,2427,177
Prepaid Expenses and Other Current Assets39,01448,041
Total Current Assets3,297,2493,637,125
Goodwill4,928,4644,925,829
Other Intangibles1,757,1711,803,027
Pension Assets204,697245,566
Investments in Affiliates725,121271,058
Other Assets370,252283,169
Property, Plant, and Equipment  
Land74,62674,303
Buildings1,458,3541,398,255
Equipment2,781,7302,636,660
Construction in Progress195,665216,246
Less: Allowance for Depreciation(2,344,557)(2,184,319)
Net Property, Plant, and Equipment2,165,8182,141,146
Total Assets13,448,77213,306,919
Liabilities and Shareholders’ Investment  
Accounts Payable771,397816,604
Accrued Expenses51,67958,801
Accrued Marketing Expenses87,452113,105
Employee-Related Expenses263,330279,072
Interest and Dividends Payable172,178163,963
Taxes Payable15,21232,925
Current Maturities of Long-term Debt950,5298,796
Total Current Liabilities2,311,7761,473,266
Long-term Debt Less Current Maturities2,358,7193,290,549
Pension and Post-retirement Benefits349,268385,832
Deferred Income Taxes498,106475,212
Other Long-term Liabilities191,917141,840
Shareholders’ Investment  
Preferred Stock, Par Value $0.01 a Share — Authorized 160,000,000 Shares; Issued — None00
Additional Paid-in Capital506,179469,468
Accumulated Other Comprehensive Loss(272,252)(255,561)
Retained Earnings7,492,9527,313,374
Hormel Foods Corporation Shareholders’ Investment7,734,8857,535,284
Noncontrolling Interest4,1004,936
Total Shareholders’ Investment7,738,9857,540,219
Total Liabilities and Shareholders’ Investment13,448,77213,306,919
Common Stock, Nonvoting  
Shareholders’ Investment  
Common Stock00
Common Stock  
Shareholders’ Investment  
Common Stock$ 8,007$ 8,002

About Hormel Foods Corp

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
 WEBSITEwww.hormelfoods.com
 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 Thu Dec 07 2023, market cap of Hormel Foods Corp is 17.41 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. 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 Thu Dec 07 2023, HRL's PE ratio (Price to Earnings) is 21.93 and Price to Sales (PS) ratio is 1.44. 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 0.051 (multiply by 100 for percentage) rate of return.