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Hershey (HSY) Registers a Bigger Fall Than the Market: Important Facts to Note
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Hershey (HSY - Free Report) closed at $188.71 in the latest trading session, marking a -1.43% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.64%. Meanwhile, the Dow experienced a drop of 0.59%, and the technology-dominated Nasdaq saw a decrease of 0.59%.
The chocolate bar and candy maker's stock has dropped by 11.02% in the past month, falling short of the Consumer Staples sector's gain of 2.08% and the S&P 500's gain of 9.33%.
Market participants will be closely following the financial results of Hershey in its upcoming release. The company plans to announce its earnings on April 30, 2026. The company's upcoming EPS is projected at $2.06, signifying a 1.44% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $3.02 billion, up 7.63% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $8.37 per share and revenue of $12.25 billion. These totals would mark changes of +32.65% and +4.78%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Hershey. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.11% higher within the past month. Hershey is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Hershey is presently being traded at a Forward P/E ratio of 22.87. For comparison, its industry has an average Forward P/E of 15.25, which means Hershey is trading at a premium to the group.
Investors should also note that HSY has a PEG ratio of 1.16 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Food - Confectionery industry had an average PEG ratio of 1.16 as trading concluded yesterday.
The Food - Confectionery industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 217, which puts it in the bottom 12% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Hershey (HSY) Registers a Bigger Fall Than the Market: Important Facts to Note
Hershey (HSY - Free Report) closed at $188.71 in the latest trading session, marking a -1.43% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.64%. Meanwhile, the Dow experienced a drop of 0.59%, and the technology-dominated Nasdaq saw a decrease of 0.59%.
The chocolate bar and candy maker's stock has dropped by 11.02% in the past month, falling short of the Consumer Staples sector's gain of 2.08% and the S&P 500's gain of 9.33%.
Market participants will be closely following the financial results of Hershey in its upcoming release. The company plans to announce its earnings on April 30, 2026. The company's upcoming EPS is projected at $2.06, signifying a 1.44% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $3.02 billion, up 7.63% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $8.37 per share and revenue of $12.25 billion. These totals would mark changes of +32.65% and +4.78%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Hershey. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.11% higher within the past month. Hershey is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Hershey is presently being traded at a Forward P/E ratio of 22.87. For comparison, its industry has an average Forward P/E of 15.25, which means Hershey is trading at a premium to the group.
Investors should also note that HSY has a PEG ratio of 1.16 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Food - Confectionery industry had an average PEG ratio of 1.16 as trading concluded yesterday.
The Food - Confectionery industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 217, which puts it in the bottom 12% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.