Hormel Foods Corp: (NYSE: HRL)
$41.26
-1.14 (-2.69%)
Volume 1,285,545
May 23 04:04 PM ET
Zacks Rank: 2-Buy 
| #2 |
Overview Quote
Stock Activity
| Day Low - High | 41.19 - 41.99 |
| 52wk Low - High | 27.28 - 43.17 |
| Previous Close | 42.40 |
| Avg. Volume | 786,322 |
| Industry | FOOD-MEAT PRODS |
| Market Cap | 11.23 B |
| Div - Yield | 0.68 - 1.60 |
| Beta | 0.52 |
| PE (Forward) | 21.32 |
| Current Year Est. | 1.99 |
| Quarterly Earnings ESP |
NA |
Premium research
Zacks Rank
|
 2 |
Zacks Recommendation
|
Neutral |
Zacks Industry Rank
|
18 out of 265 |
Equity Research Report
|
PREMIUM |
( = Change in last 30 days)
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Key Earnings Data
| PE (Forward) | 21.32 |
| PEG Ratio | 2.37 |
| Current Year Est. | 1.99 |
| Current Quarter Estimate | 0.49 |
| Most Accurate Estimate | NA |
| Earnings ESP |
NA |
| Next Earnings Report Date | 05-23-2013 |
| EPS Last Year | 1.86 |
| Expected Earnings Growth | 9.00% |
Company Description
Hormel Foods Corporation is a multinational manufacturer and marketer of consumer-branded meat and food products, many of which are among the best known and trusted in the food industry. Products manufactured by the corporation include hams, bacon, sausages, franks, canned luncheon meats, stews, chilies, hash, meat spreads, shelf-stable microwaveable entrees, salsas and frozen processed foods. These selections are sold to retail, foodservice and wholesale operations under many well-established trademarks some include BLACK LABEL, CHI-CHI'S, DINTY MOORE, & HORMEL.
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Earnings Estimates
| Current Qtr (04/2013) |
Next Qtr (07/2013) |
Current Year (10/2013) |
Next Year (10/2014) |
|
|---|---|---|---|---|
| Average Estimate | 0.49 | 0.46 | 1.99 | 2.26 |
| Number of Estimates | 5 | 5 | 7 | 6 |
| Low Estimate | 0.47 | 0.45 | 1.95 | 2.12 |
| High Estimate | 0.51 | 0.48 | 2.09 | NA |
| Year Ago EPS | 0.48 | 0.41 | 1.86 | 1.99 |
| EPS Growth | 1.25% | 13.17% | 6.91% | 13.57% |
Industry Analysis
| Name | Symbol | Previous Close | Zacks Rank | Zacks Recommendation |
|---|---|---|---|---|
| HORMEL FOODS CP | HRL | 42.40 | |
|
| PILGRIMS PRIDE | PPC | 11.78 | |
|
| SANDERSON FARMS | SAFM | 66.08 | |
|
| HILLSHIRE BRAND | HSH | 35.48 | |
|
| TYSON FOODS A | TSN | 25.31 | |
|
| ZHONGPIN INC | HOGS | 12.96 | |
|
| SMITHFIELD FOOD | SFD | 25.52 | |
|
Sector:Consumer Staples>> Industry:FOOD-MEAT PRODS
COMPARE TICKER vs. Its Peers
Zacks Commentary
Hormel's Earnings Rise Y/Y, Maintains Guid.
May 23, 2013
Will Hormel Miss Earnings in 2Q13?
May 21, 2013
Bull of the Day: Sanderson Farms (SAFM)
May, 16 2013 00:00
Tyson Foods Focuses on Innovation
May 15, 2013
New Environmental Goals for Hormel
May 15, 2013
Unilever's 1Q Sales Soar, Ups Dividend
Apr 26, 2013
Smithfield Stays Neutral
Apr 19, 2013
Tyson Settles Clean Air Charges
Apr 08, 2013
Financials
| EPS TTM | 1.86 |
| Sales | 8,231 |
| Net Income | 501 |
| Price/Earnings | 22.80 |
| Price/Book | 3.81 |
| Price/Cash Flow | 17.99 |
| Price/Sales | 1.35 |
News
A Peek Into The Market Before The Trading Starts - Benzinga
May 23, 2013
Earnings Scheduled For May 23, 2013 - Benzinga
May 23, 2013
Hormel Earnings Gobbled Up By Poor Jennie-O Results - Investors Business Daily
May 23, 2013
Hormel Foods Declares Quarterly Dividend - Close-Up Media
May 23, 2013
Hormel Foods Donates Three Semitrailers of Product for Tornado Relief Efforts in Oklahoma - Businesswire
May 23, 2013
Hormel Foods Makes a Move: Down 2.0% - Financial News Network Online - Market Movers
May 23, 2013
Stocks To Watch For May 23, 2013 - Benzinga
May 23, 2013
UPDATE: DA Davidson Raises PT on Hormel Foods Following Consistent Growth - Benzinga
May 23, 2013
Broker Recommendations
| Current ABR | 2.89 |
| ABR (Last Week) | 2.89 |
| # of recs in ABR | 9 |
| Average Target Price | 38.43 |
| Industry Rank by ABR | 18 out of 265 |
| Rank in Industry | 3 out of 7 |
