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 a possible profit of 46.41 percent. The minimum price target given was 32, implying a possible loss of -6.3 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 2.7 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of HRL's earnings is estimated by analysts to be 0.53 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. HRL has a PEG ratio of 39.28.

In the last 52-weeks, HRL has achieved a high of 40.00 and a low of 32.26. Today's price is 5.86 percent above the 52-week low, and 14.63 percent lower than its 52-week 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 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.