Analyst Ratings for Hormel Foods Corp. (HRL)

Updated: 2017-07-29

Hormel Foods Corp. (NYSE:HRL) was awarded an average rating of Overweight from investment analysts following the stock. HRL had previously received a consensus rating of Overweight a month ago.

4 analysts declared HRL a buy, 0 issued an overweight rating, 9 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for HRL by the analysts covering the stock. The most optimistic price target was 50, implying a possible profit of 46.41 percent. The minimum price target given was 32, implying a possible loss of -6.3 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.7 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.3 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of HRL's earnings is estimated by analysts to be 0.53 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. HRL has a PEG ratio of 39.28.

In the trailing 52-weeks, HRL hit 40.00 at the highest peak, while it's lowest trading point was 32.26. Currently the stock is 5.86 percent higher than its low, and below the high by 14.63 percent. HRL has a price/earnings ratio of 20.82. Investors typically compare the P/E ratio to a company's peers in the industry. The HRL value stock report compares HRL to some of its peers using value stock charts. The stock has a market capitalization of $18.15 billion. HRL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.