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Hormel Foods (HRL)

(Delayed Data from NYSE)

$30.72 USD

30.72
2,872,406

-0.38 (-1.22%)

Updated Nov 6, 2024 04:00 PM ET

After-Market: $30.80 +0.08 (0.26%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value C Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 39% (99 out of 251)

Industry: Food - Meat Products

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Balance Sheet

Research for HRL

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Hormel Foods Corporation falls in the month of October.

All items in Millions except Per Share data.

10/31/2024 10/31/2023 10/31/2022 10/31/2021 10/31/2020
Assets          
Cash & Equivalents -99,999 753 998 635 1,732
Receivables NA 825 875 904 744
Notes Receivable NA 0 0 0 0
Inventories NA 1,680 1,716 1,369 1,073
Other Current Assets NA 39 48 40 31
Total Current Assets NA 3,297 3,637 2,948 3,579
Net Property & Equipment NA 2,166 2,141 2,109 1,898
Investments & Advances NA 725 271 299 308
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 6,686 6,729 6,751 3,689
Deposits & Other Assets NA 575 529 589 434
Total Assets NA 13,449 13,307 12,696 9,908
Liabilities & Shareholders Equity 10/31/2024 10/31/2023 10/31/2022 10/31/2021 10/31/2020
Notes Payable NA 0 0 0 0
Accounts Payable NA 771 817 793 645
Current Portion Long-Term Debt NA 951 9 9 259
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 139 172 193 193
Income Taxes Payable NA 15 33 24 22
Other Current Liabilities NA 436 443 397 385
Total Current Liabilities NA 2,312 1,473 1,416 1,504
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 498 475 278 219
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,359 3,291 3,315 1,045
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 541 528 709 710
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 5,710 5,767 5,718 3,478
Shareholders Equity 10/31/2024 10/31/2023 10/31/2022 10/31/2021 10/31/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 8 8 8 8
Capital Surplus NA 506 469 360 290
Retained Earnings NA 7,493 7,313 6,882 6,523
Other Equity NA -268 -251 -272 -390
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 7,739 7,540 6,978 6,430
Total Liabilities & Shareholder's Equity NA 13,449 13,307 12,696 9,908
Total Common Equity 0 7,739 7,540 6,978 6,430
Shares Outstanding 548.30 546.50 546.20 542.50 539.90
Book Value Per Share 0.00 14.16 13.80 12.86 11.91

Fiscal Year End for Hormel Foods Corporation falls in the month of October.

All items in Millions except Per Share data.

10/31/2024 7/31/2024 4/30/2024 1/31/2024 10/31/2023
Assets          
Cash & Equivalents -99,999 562 1,509 982 753
Receivables NA 727 732 751 825
Notes Receivable NA 0 0 0 0
Inventories NA 1,650 1,674 1,578 1,680
Other Current Assets NA 59 62 56 39
Total Current Assets NA 2,997 3,977 3,367 3,297
Net Property & Equipment NA 2,169 2,163 2,156 2,166
Investments & Advances NA 680 710 728 725
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 6,667 6,678 6,684 6,686
Deposits & Other Assets NA 600 608 578 575
Total Assets NA 13,114 14,135 13,513 13,449
Liabilities & Shareholders Equity 10/31/2024 7/31/2024 4/30/2024 1/31/2024 10/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 675 692 744 771
Current Portion Long-Term Debt NA 8 957 954 951
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 188 184 102 139
Income Taxes Payable NA 19 54 86 15
Other Current Liabilities NA 420 418 375 436
Total Current Liabilities NA 1,310 2,305 2,261 2,312
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 499 505 501 498
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,852 2,853 2,357 2,359
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 577 546 541
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 5,237 6,239 5,664 5,710
Shareholders Equity 10/31/2024 7/31/2024 4/30/2024 1/31/2024 10/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 8 8 8 8
Capital Surplus NA 561 549 530 506
Retained Earnings NA 7,613 7,591 7,557 7,493
Other Equity NA -304 -252 -246 -268
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 7,877 7,896 7,849 7,739
Total Liabilities & Shareholder's Equity NA 13,114 14,135 13,513 13,449
Total Common Equity 0 7,877 7,896 7,849 7,739
Shares Outstanding 548.30 548.30 548.30 547.60 546.50
Book Value Per Share 0.00 14.37 14.40 14.33 14.16