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After finishing at $200.81 in the prior trading day, Hershey Company (NYSE: HSY) closed at $199.28, down -0.76%. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 0.78 million shares were traded. HSY stock price reached its highest trading level at $202.285 during the session, while it also had its lowest trading level at $199.105.
Ratios:
Our goal is to gain a better understanding of HSY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 86.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 0.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on August 27, 2024, Downgraded its rating to Sell and sets its target price to $182 from $195 previously.
On August 12, 2024, Goldman started tracking the stock assigning a Sell rating and target price of $185.Goldman initiated its Sell rating on August 12, 2024, with a $185 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 06 ’24 when Buck Michele sold 27,203 shares for $200.40 per share. The transaction valued at 5,451,558 led to the insider holds 164,474 shares of the business.
Buck Michele bought 27,203 shares of HSY for $5,451,557 on Sep 06 ’24. On Sep 05 ’24, another insider, Buck Michele, who serves as the Chairman, President and CEO of the company, sold 900 shares for $199.24 each. As a result, the insider received 179,320 and left with 164,474 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HSY now has a Market Capitalization of 40621432832 and an Enterprise Value of 45606825984. As of this moment, Hershey’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.13, and their Forward P/E ratio for the next fiscal year is 21.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 18.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.66 while its Price-to-Book (P/B) ratio in mrq is 10.05. Its current Enterprise Value per Revenue stands at 4.141 whereas that against EBITDA is 15.107.
Stock Price History:
Over the past 52 weeks, HSY has reached a high of $213.72, while it has fallen to a 52-week low of $178.82. The 50-Day Moving Average of the stock is 2.06%, while the 200-Day Moving Average is calculated to be 3.43%.
Shares Statistics:
The stock has traded on average 1.53M shares per day over the past 3-months and 974630 shares per day over the last 10 days, according to various share statistics. A total of 149.78M shares are outstanding, with a floating share count of 147.19M. Insiders hold about 27.23% of the company’s shares, while institutions hold 59.09% stake in the company. Shares short for HSY as of 1724976000 were 6008729 with a Short Ratio of 3.93, compared to 1722384000 on 5568081. Therefore, it implies a Short% of Shares Outstanding of 6008729 and a Short% of Float of 4.61.
Dividends & Splits
In the trailing 12 months, HSY’s forward annual dividend rate was 5.124, compared to 5.30 this year. Against a Trailing Annual Dividend Yield of 0.025516659The stock’s 5-year Average Dividend Yield is 2.01.
