NYSE - Delayed Quote • USD
Hormel Foods Corporation (HRL)
At close: April 18 at 4:00 PM EDT
After hours: April 18 at 7:16 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Apr 2024) | Next Qtr. (Jul 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 8 | 7 | 9 | 9 |
| Avg. Estimate | 0.36 | 0.38 | 1.58 | 1.68 |
| Low Estimate | 0.34 | 0.37 | 1.55 | 1.64 |
| High Estimate | 0.37 | 0.4 | 1.64 | 1.7 |
| Year Ago EPS | 0.4 | 0.4 | 1.61 | 1.58 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Apr 2024) | Next Qtr. (Jul 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 7 | 7 | 9 | 9 |
| Avg. Estimate | 2.97B | 3.01B | 12.28B | 12.52B |
| Low Estimate | 2.94B | 2.98B | 12.18B | 12.36B |
| High Estimate | 3.01B | 3.06B | 12.39B | 12.78B |
| Year Ago Sales | -- | -- | 12.11B | 12.28B |
| Sales Growth (year/est) | -- | -- | 1.40% | 1.90% |
Earnings History
| CURRENCY IN USD | 4/30/2023 | 7/31/2023 | 10/31/2023 | 1/31/2024 |
|---|---|---|---|---|
| EPS Est. | 0.4 | 0.41 | 0.44 | 0.33 |
| EPS Actual | 0.4 | 0.4 | 0.42 | 0.41 |
| Difference | 0 | -0.01 | -0.02 | 0.08 |
| Surprise % | 0.00% | -2.40% | -4.50% | 24.20% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Apr 2024) | Next Qtr. (Jul 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.36 | 0.38 | 1.58 | 1.68 |
| 7 Days Ago | 0.36 | 0.39 | 1.59 | 1.68 |
| 30 Days Ago | 0.36 | 0.39 | 1.59 | 1.68 |
| 60 Days Ago | 0.37 | 0.38 | 1.54 | 1.67 |
| 90 Days Ago | 0.37 | 0.39 | 1.54 | 1.67 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Apr 2024) | Next Qtr. (Jul 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | -- | -- |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 1 | -- | 1 | 1 |
Growth Estimates
| CURRENCY IN USD | HRL | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -10.00% | -- | -- | 0.80% |
| Next Qtr. | -5.00% | -- | -- | 9.60% |
| Current Year | -1.90% | -- | -- | 4.50% |
| Next Year | 6.30% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 6.60% | -- | -- | 11.09% |
| Past 5 Years (per annum) | -0.41% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | JP Morgan: Underweight to Underweight | 3/1/2024 |
| Maintains | Barclays: Equal-Weight to Equal-Weight | 3/1/2024 |
| Maintains | Goldman Sachs: Sell to Sell | 3/1/2024 |
| Initiated | Citigroup: Neutral | 2/1/2024 |
| Maintains | Piper Sandler: Neutral to Neutral | 1/12/2024 |
| Maintains | Goldman Sachs: Sell to Sell | 11/30/2023 |
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