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In the latest session, Hershey Company (NYSE: HSY) closed at $193.34 down -0.92% from its previous closing price of $195.14. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 1.08 million shares were traded. HSY stock price reached its highest trading level at $194.845 during the session, while it also had its lowest trading level at $193.18.
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 83.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.26. 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 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:
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 Sep 19 ’24 when Voskuil Steven E sold 1,000 shares for $197.54 per share. The transaction valued at 197,540 led to the insider holds 32,228 shares of the business.
Voskuil Steven E bought 1,000 shares of HSY for $197,540 on Sep 19 ’24. On Sep 06 ’24, another insider, Buck Michele, who serves as the Chairman, President and CEO of the company, sold 27,203 shares for $200.40 each. As a result, the insider received 5,451,558 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 39110361088 and an Enterprise Value of 44405235712. As of this moment, Hershey’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.47, and their Forward P/E ratio for the next fiscal year is 20.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 18.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.55 while its Price-to-Book (P/B) ratio in mrq is 9.75. Its current Enterprise Value per Revenue stands at 4.032 whereas that against EBITDA is 14.709.
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 $178.82. The 50-Day Moving Average of the stock is -1.53%, while the 200-Day Moving Average is calculated to be 0.24%.
Shares Statistics:
For the past three months, HSY has traded an average of 1.49M shares per day and 1100480 over the past ten days. A total of 149.78M shares are outstanding, with a floating share count of 147.19M. Insiders hold about 27.23% of the company’s shares, while institutions hold 59.13% stake in the company. Shares short for HSY as of 1724976000 were 6008729 with a Short Ratio of 4.04, 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
According to the company, the forward annual dividend rate for HSY is 5.30, from 5.124 in the trailing year. Against a Trailing Annual Dividend Yield of 0.026258072The stock’s 5-year Average Dividend Yield is 2.01.
