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Hormel Foods Enters Oversold Territory

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October 02, 2009 |Comments: 0
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HRL

Hormel Foods Corp.’s (HRL) share price has entered into oversold territory with a stochastic value of 11.95. The Zacks #2 Rank (“Buy”) stock has topped the Zacks Consensus Estimate in each of the last 4 quarters with an average surprise of 12.36%, or 6 cents per share. Moreover, the Zacks Consensus Estimate on the company’s earnings for the year ending Oct 2009 has climbed 14 cents over the past 2 months to $2.43 per share.

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