Hormel Foods Corporation (HRL)
Hormel Foods Statistics
Share Statistics
Hormel Foods has 549.91M shares outstanding. The number of shares has increased by 0.24% in one year.
| Shares Outstanding | 549.91M |
| Shares Change (YoY) | 0.24% |
| Shares Change (QoQ) | 0.12% |
| Owned by Institutions (%) | 41.97% |
| Shares Floating | 290.08M |
| Failed to Deliver (FTD) Shares | 35 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 9.33M, so 1.7% of the outstanding shares have been sold short.
| Short Interest | 9.33M |
| Short % of Shares Out | 1.7% |
| Short % of Float | 3.21% |
| Short Ratio (days to cover) | 4.29 |
Valuation Ratios
The PE ratio is 21.07 and the forward PE ratio is 16.89. Hormel Foods's PEG ratio is 15.27.
| PE Ratio | 21.07 |
| Forward PE | 16.89 |
| PS Ratio | 1.42 |
| Forward PS | 1.3 |
| PB Ratio | 2.12 |
| P/FCF Ratio | 16.79 |
| PEG Ratio | 15.27 |
Enterprise Valuation
Hormel Foods Corporation has an Enterprise Value (EV) of 20.09B.
| EV / Earnings | 24.96 |
| EV / Sales | 1.69 |
| EV / EBITDA | 14.81 |
| EV / EBIT | 18.81 |
| EV / FCF | 19.89 |
Financial Position
The company has a current ratio of 2.32, with a Debt / Equity ratio of 0.36.
| Current Ratio | 2.32 |
| Quick Ratio | 1.19 |
| Debt / Equity | 0.36 |
| Total Debt / Capitalization | 26.34 |
| Cash Flow / Debt | 0.44 |
| Interest Coverage | 13.2 |
Financial Efficiency
Return on equity (ROE) is 0.1% and return on capital (ROIC) is 7.64%.
| Return on Equity (ROE) | 0.1% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 7.64% |
| Revenue Per Employee | $596,039.85 |
| Profits Per Employee | $40,251.9 |
| Employee Count | 20,000 |
| Asset Turnover | 0.89 |
| Inventory Turnover | 6.28 |
Taxes
| Income Tax | 230.8M |
| Effective Tax Rate | 0.22 |
Stock Price Statistics
The stock price has increased by -13.16% in the last 52 weeks. The beta is 0.21, so Hormel Foods's price volatility has been higher than the market average.
| Beta | 0.21 |
| 52-Week Price Change | -13.16% |
| 50-Day Moving Average | 29.53 |
| 200-Day Moving Average | 30.93 |
| Relative Strength Index (RSI) | 57.21 |
| Average Volume (20 Days) | 3.53M |
Income Statement
In the last 12 months, Hormel Foods had revenue of 11.92B and earned 805.04M in profits. Earnings per share was 1.47.
| Revenue | 11.92B |
| Gross Profit | 2.02B |
| Operating Income | 1.07B |
| Net Income | 805.04M |
| EBITDA | 1.36B |
| EBIT | 1.07B |
| Earnings Per Share (EPS) | 1.47 |
Balance Sheet
The company has 741.88M in cash and 2.86B in debt, giving a net cash position of -2.12B.
| Cash & Cash Equivalents | 741.88M |
| Total Debt | 2.86B |
| Net Cash | -2.12B |
| Retained Earnings | 7.68B |
| Total Assets | 13.4B |
| Working Capital | 1.93B |
Cash Flow
In the last 12 months, operating cash flow was 1.27B and capital expenditures -256.44M, giving a free cash flow of 1.01B.
| Operating Cash Flow | 1.27B |
| Capital Expenditures | -256.44M |
| Free Cash Flow | 1.01B |
| FCF Per Share | 1.84 |
Margins
Gross margin is 16.96%, with operating and profit margins of 8.96% and 6.75%.
| Gross Margin | 16.96% |
| Operating Margin | 8.96% |
| Pretax Margin | 8.69% |
| Profit Margin | 6.75% |
| EBITDA Margin | 11.38% |
| EBIT Margin | 8.96% |
| FCF Margin | 8.48% |
Dividends & Yields
HRL pays an annual dividend of $1.42, which amounts to a dividend yield of 3.76%.
| Dividend Per Share | $1.42 |
| Dividend Yield | 3.76% |
| Dividend Growth (YoY) | 2.65% |
| Payout Ratio | 102.9% |
| Earnings Yield | 4.85% |
| FCF Yield | 6.06% |
Analyst Forecast
The average price target for HRL is $33, which is 8.9% higher than the current price. The consensus rating is "Hold".
| Price Target | $33 |
| Price Target Difference | 8.9% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Stock Splits
The last stock split was on Feb 10, 2016. It was a forward split with a ratio of 2:1.
| Last Split Date | Feb 10, 2016 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 3.89 |
| Piotroski F-Score | 5 |