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HRL

46.84USD-0.35(-0.74%)Market Closed

Hormel Foods Corp

Market Summary

USD46.84-0.35Market Closed
-0.74%

HRL Stock Price

RSI Chart

Valuation

Market Cap

25.6B

Price/Earnings

25.53

Price/Sales

2.03

Price/Cashflow

19.27

MarketCap/EBT

20.1

Price/Sales

Profitability

EBT Margin

10.08%

Return on Equity

13.6%

Return on Assets

7.62%

Fundamentals

Revenue

Revenue (TTM)

12.6B

Revenue Y/Y

5.96%

Revenue Q/Q

-2.01%

Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

23.74%

Earnings Q/Q

-16.32%

Price Action

52 Week Range

41.3754.50
(Low)(High)

Last 7 days

-2.8%

Last 30 days

1.7%

Last 90 days

-0.2%

Trailing 12 Months

11.2%

Financial Health

Current Ratio

2.4

Debt/Equity

0.41

Debt/Cashflow

0.44

Investor Care

Dividend Yield

2.18%

Dividend/Share (TTM)

1.02

Shares Dilution (1Y)

0.83%

Diluted EPS (TTM)

1.83

Peers (Alternatives to Hormel Foods)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
84.6B
30.5B
6.44% 12.13%
21.89
2.83
7.40% -29.55%
48.4B
19.2B
7.99% 36.38%
16.69
2.53
4.74% 24.59%
26.1B
14.6B
4.59% 16.92%
17.55
1.79
3.89% 14.37%
25.6B
12.6B
1.69% 11.19%
25.53
2.03
22.01% 16.30%
17.6B
11.5B
4.39% 22.60%
19.8
1.52
3.14% -31.61%
12.3B
4.1B
0.97% 59.47%
61.16
3
11.66% -36.78%
MID-CAP
5.7B
17.4B
1.03% -10.72%
6.04
0.33
25.43% 16622.64%
5.4B
5.9B
7.99% -6.65%
7.71
0.86
-6.03% 353.87%
2.8B
545.4M
-12.74% -42.73%
-57.56
5.68
38.37% -177.46%
SMALL-CAP
988.1M
439.7M
-0.22% -79.39%
-2.97
2.13
-5.64% -199.38%
112.9M
262.3M
4.12% -1.55%
2.92
0.43
14.86% 20778.92%
99.1M
469.2M
-0.19% -22.45%
-6.33
0.21
17.93% 62.40%
90.7M
136.7M
10.46% 26.92%
-233.65
0.71
20.26% -96.88%
41.8M
60.0M
15.79% -36.84%
-4.14
0.72
513.44% -38.56%
6.6M
35.7M
-17.65% 182.83%
-0.56
0.18
26.85% -93.32%

Financials for Hormel Foods

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.4%12,63012,45911,96911,38610,352
Gross Profit4.0%2,1762,0942,0161,9281,808
  S&GA Expenses-0.5%903907883853813
  R&D Expenses-34
Earnings Before Taxes7.2%1,2731,1871,1581,1261,053
Net Income4.4%1,002960926909861
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.1%13,14013,12212,82712,69612,332
  Current Assets0.9%3,4033,3743,0932,9482,689
    Cash Equivalents-1.3%850862824614291
  Inventory5.1%1,6791,5971,3861,3691,427
  Goodwill-0.1%4,9294,9364,9284,9294,907
  Current Liabilities-4.1%1,4201,4811,4151,4161,251
  Long Term Debt3.4%3,0002,9003,2003,3003,367
    LT Debt, Current8.9%98999
    LT Debt, Non Current0.0%3,2943,2943,3093,3153,316
Shareholder's Equity0.4%7,3677,3397,1016,9736,788
  Retained Earnings1.1%7,1777,1016,9806,8826,744
  Additional Paid-In Capital1.6%459452378360354
Shares Outstanding0.4%545543542--
Minority Interest-9.3%56655
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations9.0%1,3271,2181,1801,002688
  Share Based Compensation0.3%2525232524
Cashflow From Investing92.7%-267.35-3,664.39-3,636.22-3,625.84-3,680.60
Cashflow From Financing-126.7%-487.851,8251,5311,5211,546
  Dividend Payments1.7%539531523516
  Buy Backs0%1010112010

Risks

What is the probability of a big loss on HRL?

2.7%


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.

Returns

Cumulative Returns on HRL

13.9%


10-Year Cumulative Returns

4.8%


7-Year Cumulative Returns

7.0%


5-Year Cumulative Returns

3.2%


3-Year Cumulative Returns

What are the long-term rolling returns for HRL?

FIve years rolling returns for Hormel Foods.

Which funds bought or sold HRL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
REDUCED
-6.54
-56,000
485,000
0.02%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-89
1,000
-%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-1,000
15,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,169,000
1,169,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
NEW
-
355,000
355,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.71
-1,114,000
22,418,000
0.04%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-1,000
11,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
700,000
700,000
-%
2022-11-18
National Pension Service
ADDED
0.4
-599,000
21,621,000
0.04%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-4,000
82,000
-%

1–10 of 46

Latest Funds Activity

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

Hormel Foods News

MarketWatch

Tyson Foods Inc. Cl A stock underperforms Tuesday when compared to competitors.9 hours ago

Yahoo Finance

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

22.61

-51.73%

29.60

-36.81%

35.95

-23.25%

49.93

6.60%

61.29

30.85%

Current Inflation

20.66

-55.89%

26.56

-43.30%

31.79

-32.13%

43.47

-7.19%

52.91

12.96%

Very High Inflation

18.28

-60.97%

22.92

-51.07%

26.91

-42.55%

36.04

-23.06%

43.36

-7.43%

Historical Hormel Foods Fair Value Estimates


Recent SEC filings of Hormel Foods

View All Filings
Date Filed Form Type Document
Nov 30, 2022
8-K
Current Report
Nov 07, 2022
3
Insider Trading
Nov 07, 2022
3
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Sep 13, 2022
4
Insider Trading

Latest Insider Trading transactions for HRL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-09
Myers Kevin L
ACQUIRED
114,950
22.99
5,000
SENIOR VICE PRESIDENT
2022-09-09
Myers Kevin L
SOLD
-236,000
47.2
-5,000
SENIOR VICE PRESIDENT
2022-08-26
CREWS TERRELL K
GIFTED
-
-
-6,000
-
2022-08-17
Snee James P
GIFTED
-
-
-7,870
CHAIRMAN, PRESIDENT AND CEO
2022-06-30
CREWS TERRELL K
GIFTED
-
-
-225
-
2022-06-23
Policinski Christopher J.
ACQUIRED
96,492
14.62
6,600
-
2022-06-23
Policinski Christopher J.
SOLD
-97,632.9
46.2715
-2,110
-
2022-06-07
Myers Kevin L
ACQUIRED
114,950
22.99
5,000
SENIOR VICE PRESIDENT
2022-06-07
Kuehneman Paul R
ACQUIRED
-
-
344
VICE PRESIDENT AND CONTROLLER
2022-06-07
Myers Kevin L
SOLD
-225,334
45.0667
-5,000
SENIOR VICE PRESIDENT

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

2022-07-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Jul. 31, 2022
Jul. 25, 2021
Jul. 31, 2022
Jul. 25, 2021
Income Statement [Abstract]    
Net Sales$ 3,034,414$ 2,863,670$ 9,175,331$ 7,931,438
Cost of Products Sold2,528,3642,440,3227,577,0626,581,613
Gross Profit506,049423,3481,598,2691,349,825
Selling, General and Administrative222,147226,284672,777622,630
Equity in Earnings of Affiliates7,13810,42019,95137,722
Operating Income291,040207,484945,443764,917
Interest and Investment Income14,4118,45720,07836,740
Interest Expense15,61511,70344,91327,718
Earnings Before Income Taxes289,836204,238920,608773,940
Provision for Income Taxes71,01027,164200,393146,549
Net Earnings218,826177,074720,215627,390
Less: Net Earnings (Loss) Attributable to Noncontrolling Interest(89)157112290
Net Earnings Attributable to Hormel Foods Corporation$ 218,915$ 176,917$ 720,103$ 627,101
Net Earnings Per Share    
Basic (in dollars per share)$ 0.40$ 0.33$ 1.32$ 1.16
Diluted (in dollars per share)$ 0.40$ 0.32$ 1.31$ 1.15
Weighted-average Shares Outstanding    
Basic (in shares)546,077541,746544,486540,618
Diluted (in shares)550,167548,072549,377547,684

HRL Balance Sheet

2022-07-31
CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Jul. 31, 2022
Oct. 31, 2021
Current Assets  
Cash and Cash Equivalents$ 850,344$ 613,530
Short-term Marketable Securities18,31421,162
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,500 at July 31, 2022, and $4,033 at October 31, 2021)802,850895,719
Inventories1,679,1791,369,198
Taxes Receivable7,7338,293
Prepaid Expenses and Other Current Assets45,06339,914
Total Current Assets3,403,4842,947,816
Goodwill4,929,3374,929,102
Other Intangibles1,808,2351,822,273
Pension Assets311,157289,096
Investments In and Receivables from Affiliates277,727299,019
Other Assets292,412299,907
Property, Plant and Equipment  
Land74,27472,133
Buildings1,392,5841,332,881
Equipment2,554,1462,415,063
Construction in Progress238,690316,455
Less: Allowance for Depreciation(2,141,628)(2,027,414)
Net Property, Plant and Equipment2,118,0672,109,117
Total Assets13,140,41812,696,329
Current Liabilities  
Accounts Payable and Accrued Expenses799,202844,502
Accrued Marketing Expenses131,495114,746
Employee Related Expenses248,551269,327
Interest and Dividends Payable167,534154,803
Taxes Payable64,31123,520
Current Maturities of Long-term Debt8,8078,756
Total Current Liabilities1,419,8991,415,654
Long-term Debt Less Current Maturities3,294,2873,315,147
Pension and Post-retirement Benefits551,458546,362
Other Long-term Liabilities153,773162,623
Deferred Income Taxes354,053278,183
Shareholders' Investment  
Preferred Stock00
Additional Paid-in Capital459,272360,336
Accumulated Other Comprehensive Loss(282,574)(277,269)
Retained Earnings7,176,9776,881,870
Hormel Foods Corporation Shareholders' Investment7,361,6766,972,883
Noncontrolling Interest5,2725,478
Total Shareholders' Investment7,366,9486,978,360
Total Liabilities and Shareholders' Investment13,140,41812,696,329
Common Stock Non-Voting  
Shareholders' Investment  
Common Stock00
Common Stock  
Shareholders' Investment  
Common Stock$ 8,001$ 7,946