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Hershey (HSY) Beats Stock Market Upswing: What Investors Need to Know
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In the latest close session, Hershey (HSY - Free Report) was up +2.7% at $168.68. The stock exceeded the S&P 500, which registered a gain of 0.33% for the day. Meanwhile, the Dow gained 1.08%, and the Nasdaq, a tech-heavy index, added 0.08%.
The chocolate bar and candy maker's stock has dropped by 3.83% in the past month, falling short of the Consumer Staples sector's gain of 0.3% and the S&P 500's gain of 1.41%.
Analysts and investors alike will be keeping a close eye on the performance of Hershey in its upcoming earnings disclosure. The company's earnings report is set to go public on October 29, 2026. On that day, Hershey is projected to report earnings of $2.11 per share, which would represent year-over-year growth of 62.31%. In the meantime, our current consensus estimate forecasts the revenue to be $3.25 billion, indicating a 2.3% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.49 per share and a revenue of $12.29 billion, representing changes of +34.55% and +5.12%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Hershey. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Hershey is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Hershey's current valuation metrics, including its Forward P/E ratio of 19.35. This denotes a premium relative to the industry average Forward P/E of 18.91.
Meanwhile, HSY's PEG ratio is currently 1.3. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Food - Confectionery industry currently had an average PEG ratio of 1.3 as of yesterday's close.
The Food - Confectionery industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 195, this industry ranks in the bottom 21% of all industries, numbering over 250.
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.
To follow HSY in the coming trading sessions, be sure to utilize Zacks.com.
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Hershey (HSY) Beats Stock Market Upswing: What Investors Need to Know
In the latest close session, Hershey (HSY - Free Report) was up +2.7% at $168.68. The stock exceeded the S&P 500, which registered a gain of 0.33% for the day. Meanwhile, the Dow gained 1.08%, and the Nasdaq, a tech-heavy index, added 0.08%.
The chocolate bar and candy maker's stock has dropped by 3.83% in the past month, falling short of the Consumer Staples sector's gain of 0.3% and the S&P 500's gain of 1.41%.
Analysts and investors alike will be keeping a close eye on the performance of Hershey in its upcoming earnings disclosure. The company's earnings report is set to go public on October 29, 2026. On that day, Hershey is projected to report earnings of $2.11 per share, which would represent year-over-year growth of 62.31%. In the meantime, our current consensus estimate forecasts the revenue to be $3.25 billion, indicating a 2.3% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.49 per share and a revenue of $12.29 billion, representing changes of +34.55% and +5.12%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Hershey. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Hershey is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Hershey's current valuation metrics, including its Forward P/E ratio of 19.35. This denotes a premium relative to the industry average Forward P/E of 18.91.
Meanwhile, HSY's PEG ratio is currently 1.3. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Food - Confectionery industry currently had an average PEG ratio of 1.3 as of yesterday's close.
The Food - Confectionery industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 195, this industry ranks in the bottom 21% of all industries, numbering over 250.
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.
To follow HSY in the coming trading sessions, be sure to utilize Zacks.com.