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.

HRL was given price targets by several analysts. The most optimistic price target was 50, implying a possible profit of 46.41 percent. The lowest price target was 32, implying a possible loss of -6.3 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 2.7 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.3 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

HRL has an estimated earnings growth rate of 0.53 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of HRL is 39.28.

HRL has a 52-week high of 40.00 and a 52-week low of 32.26. Today's price is 5.86 percent above the 52-week low, and 14.63 percent below the high. HRL has a P/E 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 will post this quarters earnings in days, on 0000-00-00.