Hormel Foods (HRL)
(Delayed Data from NYSE)
$31.35 USD
+0.24 (0.77%)
Updated Oct 4, 2024 04:00 PM ET
After-Market: $31.45 +0.10 (0.32%) 7:14 PM ET
4-Sell of 5 4
C Value C Growth F Momentum C VGM
Company Summary
Austin, MN-based Hormel Foods Corporation (HRL) is a leading manufacturer as well as marketer of various meat and food products in the U.S. and international markets. Earlier, the company used to operate through five segments, which were later consolidated into four.
At the beginning of fiscal 2023, the company unveiled a new operating model to better align its business structure and make it more easy-going, market-driven and consumer- and customer-focused.
As part of its GoFWD initiative, Hormel Foods transitioned to three operating units — Retail, Foodservice and International — and ...
Company Summary
Austin, MN-based Hormel Foods Corporation (HRL) is a leading manufacturer as well as marketer of various meat and food products in the U.S. and international markets. Earlier, the company used to operate through five segments, which were later consolidated into four.
At the beginning of fiscal 2023, the company unveiled a new operating model to better align its business structure and make it more easy-going, market-driven and consumer- and customer-focused.
As part of its GoFWD initiative, Hormel Foods transitioned to three operating units — Retail, Foodservice and International — and started operating under its new model on Oct 31, 2022.
Retail Segment (61.9% of total revenues in Q2 of fiscal 2024): The Retail segment is engaged in the processing, marketing and sale of food products primarily in the retail market. This segment also includes the results from the company’s MegaMex Foods, LLC joint venture.
Foodservice segment (32.3% of total revenues in Q2 of fiscal 2024): The Foodservice segment is primarily engaged in the processing, marketing and sale of food and nutritional products for foodservice, commercial customers and convenience stores.
The International segment (5.8% of total revenues in Q2 of fiscal 2024): The International segment is specialized in processing, marketing and selling company products internationally. This segment encompasses results from its international joint ventures and royalty arrangements.
General Information
Hormel Foods Corporation
1 HORMEL PL
AUSTIN, MN 55912
Phone: 507-437-5611
Fax: 507-437-5838
Web: http://www.hormelfoods.com
Email: ir@hormel.com
Industry | Food - Meat Products |
Sector | Consumer Staples |
Fiscal Year End | October |
Last Reported Quarter | 7/31/2024 |
Exp Earnings Date | 12/4/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.43 |
Current Year EPS Consensus Estimate | 1.58 |
Estimated Long-Term EPS Growth Rate | 6.40 |
Exp Earnings Date | 12/4/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 31.11 |
52 Week High | 38.27 |
52 Week Low | 28.51 |
Beta | 0.25 |
20 Day Moving Average | 2,371,151.75 |
Target Price Consensus | 32.17 |
4 Week | -3.11 |
12 Week | 0.78 |
YTD | -3.11 |
4 Week | -6.45 |
12 Week | -1.26 |
YTD | -18.92 |
Shares Outstanding (millions) | 548.36 |
Market Capitalization (millions) | 17,059.59 |
Short Ratio | NA |
Last Split Date | 2/10/2016 |
Dividend Yield | 3.63% |
Annual Dividend | $1.13 |
Payout Ratio | 0.72 |
Change in Payout Ratio | 0.11 |
Last Dividend Payout / Amount | 7/15/2024 / $0.28 |
Fundamental Ratios
P/E (F1) | 19.72 |
Trailing 12 Months | 19.69 |
PEG Ratio | 3.08 |
vs. Previous Year | -7.50% |
vs. Previous Quarter | -2.63% |
vs. Previous Year | -2.19% |
vs. Previous Quarter | 0.38% |
Price/Book | 2.17 |
Price/Cash Flow | 14.60 |
Price / Sales | 1.42 |
7/31/24 | 11.03 |
4/30/24 | 11.31 |
1/31/24 | 11.51 |
7/31/24 | 6.38 |
4/30/24 | 6.47 |
1/31/24 | 6.64 |
7/31/24 | 2.29 |
4/30/24 | 1.73 |
1/31/24 | 1.49 |
7/31/24 | 1.03 |
4/30/24 | 1.00 |
1/31/24 | 0.79 |
7/31/24 | 7.22 |
4/30/24 | 7.32 |
1/31/24 | 7.35 |
7/31/24 | 6.52 |
4/30/24 | 6.37 |
1/31/24 | 6.55 |
7/31/24 | 8.36 |
4/30/24 | 8.16 |
1/31/24 | 8.39 |
7/31/24 | 14.36 |
4/30/24 | 14.40 |
1/31/24 | 14.33 |
7/31/24 | 6.06 |
4/30/24 | 6.01 |
1/31/24 | 6.01 |
7/31/24 | 0.36 |
4/30/24 | 0.36 |
1/31/24 | 0.30 |
7/31/24 | 26.58 |
4/30/24 | 26.54 |
1/31/24 | 23.10 |