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After finishing at $193.49 in the prior trading day, Hershey Company (NYSE: HSY) closed at $197.17, up 1.90%. In other words, the price has increased by $1.90 from its previous closing price. On the day, 1.08 million shares were traded. HSY stock price reached its highest trading level at $197.384 during the session, while it also had its lowest trading level at $193.75.
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 85.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.82. 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.
On August 12, 2024, Goldman started tracking the stock assigning a Sell rating and target price of $185.
Citigroup reiterated its Neutral rating for the stock on July 17, 2024, while the target price for the stock was revised from $204 to $188.
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 Aug 19 ’24 when Voskuil Steven E bought 1,000 shares for $193.87 per share.
Raup Charles R bought 2,065 shares of HSY for $400,342 on Aug 19 ’24. On Aug 12 ’24, another insider, McCalman Jennifer, who serves as the VP, Chief Accounting Officer of the company, sold 538 shares for $199.17 each. As a result, the insider received 107,153 and left with 3,238 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 39140610048 and an Enterprise Value of 45179998208. As of this moment, Hershey’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.89, and their Forward P/E ratio for the next fiscal year is 20.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 17.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.62 while its Price-to-Book (P/B) ratio in mrq is 9.95. Its current Enterprise Value per Revenue stands at 4.102 whereas that against EBITDA is 14.966.
Stock Price History:
Over the past 52 weeks, HSY has reached a high of $221.27, while it has fallen to a 52-week low of $178.82. The 50-Day Moving Average of the stock is 3.34%, while the 200-Day Moving Average is calculated to be 2.67%.
Shares Statistics:
The stock has traded on average 1.64M shares per day over the past 3-months and 1406610 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 146.81M. Insiders hold about 27.43% of the company’s shares, while institutions hold 59.91% stake in the company. Shares short for HSY as of 1722384000 were 5568081 with a Short Ratio of 3.40, compared to 1719532800 on 3893180. Therefore, it implies a Short% of Shares Outstanding of 5568081 and a Short% of Float of 4.2700000000000005.
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 0.026481988The stock’s 5-year Average Dividend Yield is 1.99.
