Stock Surge: Hershey Company (HSY) Closes at 172.85, Marking a -2.25 Increase/Decrease

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In the latest session, Hershey Company (NYSE: HSY) closed at $172.85 down -2.25% from its previous closing price of $176.82. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 3.33 million shares were traded. HSY stock price reached its highest trading level at $178.79 during the session, while it also had its lowest trading level at $171.68.

Ratios:

For a deeper understanding of Hershey Company’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 74.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.26. 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 this company, Redburn Atlantic on October 22, 2024, initiated with a Sell rating and assigned the stock a target price of $165.

On October 07, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $226 to $209.

Bernstein Downgraded its Outperform to Mkt Perform on October 07, 2024, whereas the target price for the stock was revised from $230 to $205.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 04 ’24 when McCalman Jennifer sold 278 shares for $179.28 per share. The transaction valued at 49,840 led to the insider holds 2,960 shares of the business.

McCalman Jennifer bought 278 shares of HSY for $49,840 on Nov 04 ’24. On Oct 21 ’24, another insider, Voskuil Steven E, who serves as the SVP, Chief Financial Officer of the company, sold 1,000 shares for $185.47 each. As a result, the insider received 185,470 and left with 31,228 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 35768541184 and an Enterprise Value of 41063444480. As of this moment, Hershey’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.19, and their Forward P/E ratio for the next fiscal year is 19.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.17 while its Price-to-Book (P/B) ratio in mrq is 8.72. Its current Enterprise Value per Revenue stands at 3.728 whereas that against EBITDA is 13.602.

Stock Price History:

Over the past 52 weeks, HSY has reached a high of $211.92, while it has fallen to a 52-week low of $176.62. The 50-Day Moving Average of the stock is -8.78%, while the 200-Day Moving Average is calculated to be -10.19%.

Shares Statistics:

For the past three months, HSY has traded an average of 1.23M shares per day and 1468970 over the past ten days. A total of 149.78M shares are outstanding, with a floating share count of 147.19M. Insiders hold about 27.24% of the company’s shares, while institutions hold 59.77% stake in the company. Shares short for HSY as of 1728950400 were 6196441 with a Short Ratio of 5.02, compared to 1726185600 on 5916607. Therefore, it implies a Short% of Shares Outstanding of 6196441 and a Short% of Float of 4.75.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.04.

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