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.

A number of analysts gave price targets for HRL. The highest price target was 50, implying potential capital gains of 46.41 percent. The most pessimistic price target was 32, implying potential capital losses 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 2.7 percent. 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.

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, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of HRL to grow at a rate of 0.53 percent. Another measure frequently examined by investors is the 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. Wall Street investors typically prefer a PEG ratio to be smaller than 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 14.63 percent below the high. 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 market cap of HRL is $18.15 billion. HRL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.