Fundamentals for Hormel Foods Corporation
Revenues for HRL are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the compa...
Business Operations:
Sector: Consumer DefensiveIndustry: Packaged Foods
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products, including resh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole, and other items that require refrigeration; and shelf-stable products, such as canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, and other items that do not require refrigeration. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands 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.
Revenue projections:
Financial Ratios:
| currentRatio | 1.882000 |
|---|---|
| forwardPE | 12.885532 |
| debtToEquity | 36.326000 |
| earningsGrowth | -0.672000 |
| revenueGrowth | -0.024000 |
| grossMargins | 0.157410 |
| operatingMargins | 0.086150 |
| trailingEps | 0.620000 |
| forwardEps | 1.571530 |
Hormel Foods Corporation's current ratio, being 1.882, means the company is well-positioned to meet its short-term debt obligations. This reflects Hormel Foods Corporation's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
HRL's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
HRL's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure.
Hormel Foods Corporation's negative gross and operating margins suggest that the company is struggling to cover its production and operating costs, leading to losses. This reflects a weakened financial state and potential difficulties in sustaining profitability.
Price projections:
Insider Transactions:
2 separate sales of Hormel Foods Corporation shares were executed, with the market price hovering at 24.125.No sell transactions were carried out during the period under review.With more buys than sells around HRL's current price, there seems to be increased confidence among investors. This shift may indicate a favorable outlook, as the buying behavior suggests optimism for the stock's future growth or resilience.
Recommendation changes over time:
The analysts' recent buy bias for Hormel Foods Corporation indicates strong confidence in the stock's future performance. This could encourage more investors to view Hormel Foods Corporation as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
