In the case of The Hershey Company (NYSE: HSY), what’s next?

The closing price of The Hershey Company (NYSE: HSY) was $242.00 for the day, up 0.59% from the previous closing price of $240.57. In other words, the price has increased by $+1.43 from its previous closing price. On the day, 845334 shares were traded. HSY stock price reached its highest trading level at $242.16 during the session, while it also had its lowest trading level at $239.60.

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Our analysis of HSY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 106.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.96. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 1.45 whereas as Long-Term Debt/Eq ratio is at 1.01.

Upgrades & Downgrades

UBS Upgraded its Neutral to Buy on December 08, 2022, whereas the target price for the stock was revised from $244 to $269.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 09 when Reiman Jason sold 150 shares for $240.35 per share. The transaction valued at 36,052 led to the insider holds 16,934 shares of the business.

Reiman Jason sold 322 shares of HSY for $77,124 on Feb 28. The SVP Chief Supply Chain Officer now owns 17,084 shares after completing the transaction at $239.52 per share. On Feb 28, another insider, McCalman Jennifer, who serves as the VP, Chief Accounting Officer of the company, sold 70 shares for $238.56 each. As a result, the insider received 16,699 and left with 2,603 shares of the company.

Valuation Measures:

As of this moment, The’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.64, and their Forward P/E ratio for the next fiscal year is 24.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.76 while its Price-to-Book (P/B) ratio in mrq is 15.06.

Stock Price History:

Over the past 52 weeks, HSY has reached a high of $244.38, while it has fallen to a 52-week low of $201.42. The 50-Day Moving Average of the stock is 231.58, while the 200-Day Moving Average is calculated to be 226.54.

Shares Statistics:

HSY traded an average of 976.06K shares per day over the past three months and 851.36k shares per day over the past ten days. A total of 205.29M shares are outstanding, with a floating share count of 146.48M. Insiders hold about 0.40% of the company’s shares, while institutions hold 79.10% stake in the company. Shares short for HSY as of Jan 30, 2023 were 2.15M with a Short Ratio of 2.76M, compared to 2.35M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.05% and a Short% of Float of 1.47%.

Dividends & Splits

With its trailing 12-month dividend rate of 3.18, HSY has a forward annual dividend rate of 4.14. Against a Trailing Annual Dividend Yield of 1.32%, it implies a Forward Annual Dividend Yield of 1.76%. The stock’s 5-year Average Dividend Yield is 2.10. The current Payout Ratio is 48.40% for HSY, which recently paid a dividend on Mar 14, 2023 with an ex-dividend date of Feb 15, 2023. Stock splits for the company last occurred on Jun 15, 2004 when the company split stock in a 2:1 ratio.

Earnings Estimates

The firm’s stock currently is rated by 19 analysts. On average, analysts expect EPS of $2.68 for the current quarter, with a high estimate of $2.85 and a low estimate of $2.5, while EPS last year was $2.53. The consensus estimate for the next quarter is $2.02, with high estimates of $2.2 and low estimates of $1.89.

Analysts are recommending an EPS of between $9.51 and $8.39 for the fiscal current year, implying an average EPS of $9.32. EPS for the following year is $10, with 19 analysts recommending between $10.37 and $8.95.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 15 analysts. It ranges from a high estimate of $2.95B to a low estimate of $2.83B. As of the current estimate, The Hershey Company’s year-ago sales were $2.67B, an estimated increase of 8.30% from the year-ago figure. For the next quarter, 15 analysts are estimating revenue of $2.55B, an increase of 7.60% less than the figure of $8.30% in the same quarter last year. There is a high estimate of $2.62B for the next quarter, whereas the lowest estimate is $2.46B.

A total of 17 analysts have provided revenue estimates for HSY’s current fiscal year. The highest revenue estimate was $11.38B, while the lowest revenue estimate was $11.07B, resulting in an average revenue estimate of $11.2B. In the same quarter a year ago, actual revenue was $10.42B, up 7.50% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $11.62B in the next fiscal year. The high estimate is $11.87B and the low estimate is $11.37B. The average revenue growth estimate for next year is up 3.70% from the average revenue estimate for this year.