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.

Many analysts weighed in on price targets for HRL. The most optimistic analyst gave a price target of 50, implying a possible profit of 46.41 percent. The most pessimistic price target was 32, implying potential capital losses of -6.3 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.3 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.