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Hershey Company (NYSE: HSY) closed the day trading at $196.66 down -1.97% from the previous closing price of $200.61. In other words, the price has decreased by -$1.97 from its previous closing price. On the day, 1.14 million shares were traded. HSY stock price reached its highest trading level at $201.405 during the session, while it also had its lowest trading level at $196.31.
Ratios:
For a better understanding of HSY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 85.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.74. 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 12 ’24 when McCalman Jennifer sold 538 shares for $199.17 per share. The transaction valued at 107,153 led to the insider holds 3,238 shares of the business.
McCalman Jennifer bought 538 shares of HSY for $107,153 on Aug 12 ’24. On Jul 23 ’24, another insider, Voskuil Steven E, who serves as the SVP, Chief Financial Officer of the company, sold 1,500 shares for $190.83 each. As a result, the insider received 286,245 and left with 34,228 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 39781957632 and an Enterprise Value of 45875867648. As of this moment, Hershey’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.83, and their Forward P/E ratio for the next fiscal year is 20.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 16.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.61 while its Price-to-Book (P/B) ratio in mrq is 9.92. Its current Enterprise Value per Revenue stands at 4.165 whereas that against EBITDA is 15.196.
Stock Price History:
Over the past 52 weeks, HSY has reached a high of $224.10, while it has fallen to a 52-week low of $178.82. The 50-Day Moving Average of the stock is 2.98%, while the 200-Day Moving Average is calculated to be 2.46%.
Shares Statistics:
Over the past 3-months, HSY traded about 1.63M shares per day on average, while over the past 10 days, HSY traded about 1623340 shares per day. A total of 149.78M shares are outstanding, with a floating share count of 147.20M. Insiders hold about 27.23% of the company’s shares, while institutions hold 59.87% stake in the company. Shares short for HSY as of 1722384000 were 5568081 with a Short Ratio of 3.42, 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
HSY’s forward annual dividend rate is 5.12, up from 5.124 a year ago. Against a Trailing Annual Dividend Yield of 0.025542097The stock’s 5-year Average Dividend Yield is 1.99.
