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Hormel Foods (HRL)

(Delayed Data from NYSE)

$31.51 USD

31.51
1,845,111

+0.33 (1.06%)

Updated Jul 24, 2024 04:00 PM ET

After-Market: $31.50 -0.01 (-0.03%) 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

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 D Growth F Momentum D 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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 9% (23 out of 250)

Industry: Food - Meat Products

Better trading starts here.

Zacks News

Hormel (HRL) Upgraded to Buy: Here's Why

Hormel (HRL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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4 Meat Food Stocks Poised for Growth on Solid Industry Trends

Companies in the Zacks Food - Meat Products industry are thriving on burgeoning demand for protein-packed products. Efforts to expand capacity and product portfolio are working well for Tyson Foods (TSN), Hormel Foods (HRL), Pilgrim's Pride (PPC) and Beyond Meat (BYND).

Foodservice Demand Aids Hormel Foods (HRL), High Costs Ail

Hormel Foods (HRL) is capitalizing on the increasing demand for Foodservice products. However, rising selling, general and administrative (SG&A) expenses are a deterrent.

Hormel Foods (HRL) Q2 Earnings Top Estimates, Volumes Down

Hormel Foods' (HRL) second-quarter fiscal 2024 results reflect strength in its Foodservice business and improvement in the International unit. However, sales and volumes decline year over year.

Compared to Estimates, Hormel (HRL) Q2 Earnings: A Look at Key Metrics

Although the revenue and EPS for Hormel (HRL) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Hormel Foods (HRL) Q2 Earnings Beat Estimates

Hormel (HRL) delivered earnings and revenue surprises of 8.57% and 3.35%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

Hormel Foods (HRL) Gears Up for Q2 Earnings: Is a Beat Likely?

Hormel Foods' (HRL) second-quarter results are likely to reflect gains from strategic priorities and strength in the Foodservice business, while advertising costs are expected to escalate.

Countdown to Hormel (HRL) Q2 Earnings: Wall Street Forecasts for Key Metrics

Get a deeper insight into the potential performance of Hormel (HRL) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

How to Boost Your Portfolio with Top Consumer Staples Stocks Set to Beat Earnings

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Hormel Foods (HRL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Hormel (HRL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Investors Need to Take Advantage of These 2 Consumer Staples Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Campbell Soup (CPB) Gains on Robust Strategies Amid High Costs

Campbell Soup's (CPB) supply-chain initiatives, effective marketing, innovations and disciplined promotional activities have been driving growth amid a volatile operating landscape.

Lifeway Foods (LWAY) Q1 Earnings Miss, Sales Beat Estimates

Lifeway Foods (LWAY) Q1 results reflect robust sales, driven by strategic sales and marketing investments amid macro challenges.

Pilgrim's Pride (PPC) Up More Than 40% in 6 Months: Here's How

Pilgrim's Pride's (PPC) engagement in key customers, brand building and operational enhancements position it well amid cost-related hurdles.

General Mills (GIS) Up More Than 10% in 3 Months: Here's Why

General Mills' (GIS) brand power, effective pricing strategies and dedicated focus on its Accelerate strategy aid amid challenges like cost inflation and volatile consumer spending.

B&G Foods (BGS) Q1 Earnings & Sales Lag Estimates, Volumes Soft

B&G Foods' (BGS) first-quarter results demonstrate consistent margins amid the challenges posed by foodservice trends and heightened promotional spending.

Nu Skin (NUS) Q1 Earnings Beat, Revenues Hurt by Currency Woes

Nu Skin's (NUS) first-quarter 2024 results reflect challenges related to volatile currency movements, while cost-management efforts work well.

Beyond Meat (BYND) Reports Q1 Loss, Lags Revenue Estimates

Beyond Meat (BYND) delivered earnings and revenue surprises of -5.88% and 2.68%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Is Hormel Foods (HRL) Stock Outpacing Its Consumer Staples Peers This Year?

Here is how Hormel Foods (HRL) and Tyson Foods (TSN) have performed compared to their sector so far this year.

Inter Parfums (IPAR) Q1 Earnings Miss, Sales Up on Solid Brands

Inter Parfums' (IPAR) first-quarter 2024 results reflect the resilience of the fragrance market and the strength of major brands. However, challenges in European-based operations are a downside.

Tyson Foods (TSN) Q2 Earnings Top Estimates Despite Lower Sales

Tyson Foods' (TSN) second-quarter fiscal 2024 results reflect gains from the company's diverse protein portfolio. Management pulls up the adjusted operating income guidance for fiscal 2024.

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Take the Zacks Approach to Beat the Markets: Navios Maritime, Coinbase Global, Virtu Financial in Focus

Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.

Pilgrim's Pride Corporation (PPC) Hit a 52 Week High, Can the Run Continue?

Pilgrim's Pride (PPC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Is Freshpet (FRPT) Stock Outpacing Its Consumer Staples Peers This Year?

Here is how Freshpet (FRPT) and Hormel Foods (HRL) have performed compared to their sector so far this year.

Zacks Industry Outlook Highlights Tyson Foods, Hormel Foods and Pilgrim's Pride

Tyson Foods, Hormel Foods and Pilgrim's Pride are part of the Zacks Industry Outlook article.