Hormel Foods Corporation (HRL)
undefined
undefined%
At close: undefined
32.94
-0.11%
After-hours Dec 13, 2024, 07:00 PM EST

Hormel Foods Corporation Statistics

Share Statistics

Hormel Foods Corporation has 549.01M shares outstanding. The number of shares has increased by 0.28% in one year.

Shares Outstanding 549.01M
Shares Change (YoY) n/a
Shares Change (QoQ) 0.01%
Owned by Institutions (%) n/a
Shares Floating 290.88M
Failed to Deliver (FTD) Shares 516
FTD / Avg. Volume 0.02%

Short Selling Information

The latest short interest is 7.11M, so 1.3% of the outstanding shares have been sold short.

Short Interest 7.11M
Short % of Shares Out 1.3%
Short % of Float 2.45%
Short Ratio (days to cover) 3.68

Valuation Ratios

The PE ratio is 21.07 and the forward PE ratio is 17.98. Hormel Foods Corporation's PEG ratio is 1.15.

PE Ratio 21.07
Forward PE 17.98
PS Ratio 1.42
Forward PS 1.5
PB Ratio 1.48
P/FCF Ratio 16.79
PEG Ratio 1.15
Financial Ratio History

Enterprise Valuation

Hormel Foods Corporation has an Enterprise Value (EV) of 20.09B.

EV / Earnings 24.96
EV / Sales 1.69
EV / EBITDA 14.62
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 0.25.

Current Ratio 2.32
Quick Ratio 1.19
Debt / Equity 0.25
Total Debt / Capitalization 19.98
Cash Flow / Debt 0.44
Interest Coverage 13.2

Financial Efficiency

Return on equity (ROE) is 0.07% and return on capital (ROIC) is 5.8%.

Return on Equity (ROE) 0.07%
Return on Assets (ROA) 0.06%
Return on Capital (ROIC) 5.8%
Revenue Per Employee 596.04K
Profits Per Employee 40.25K
Employee Count 20.00K
Asset Turnover 0.89
Inventory Turnover 6.28

Taxes

Income Tax 230.80M
Effective Tax Rate 0.22

Stock Price Statistics

The stock price has increased by 6.11% in the last 52 weeks. The beta is 0.25, so Hormel Foods Corporation's price volatility has been higher than the market average.

Beta 0.25
52-Week Price Change 6.11%
50-Day Moving Average 31.21
200-Day Moving Average 32.47
Relative Strength Index (RSI) 63.36
Average Volume (20 Days) 2.33M

Income Statement

In the last 12 months, Hormel Foods Corporation 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 1.37B
EBIT 1.07B
Earnings Per Share (EPS) 1.47
Full Income Statement

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 13.43B
Working Capital 1.85B
Full Balance Sheet

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
Full Cash Flow Statement

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 11.53%
EBIT Margin 8.96%
FCF Margin 8.48%

Dividends & Yields

HRL pays an annual dividend of $1.16, which amounts to a dividend yield of 3.51%.

Dividend Per Share $1.16
Dividend Yield 3.51%
Dividend Growth (YoY) 5.45%
Payout Ratio 78.91%
Earnings Yield 4.46%
FCF Yield 5.58%
Dividend Details

Analyst Forecast

The average price target for HRL is $32, which is -3% lower than the current price. The consensus rating is "Hold".

Price Target $32
Price Target Difference -3%
Analyst Consensus Hold
Analyst Count 6
Stock Forecasts

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 4.13
Piotroski F-Score 7