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Hershey (HSY) Stock Dips While Market Gains: Key Facts
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In the latest trading session, Hershey (HSY - Free Report) closed at $167.00, marking a -2.24% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.41% for the day. On the other hand, the Dow registered a loss of 0.07%, and the technology-centric Nasdaq increased by 1.11%.
The chocolate bar and candy maker's stock has climbed by 0.61% in the past month, falling short of the Consumer Staples sector's gain of 3.59% and the S&P 500's gain of 1.46%.
The upcoming earnings release of Hershey will be of great interest to investors. The company's earnings report is expected on October 29, 2026. The company is predicted to post an EPS of $2.12, indicating a 63.08% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $3.25 billion, indicating a 2.29% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $8.47 per share and a revenue of $12.28 billion, indicating changes of +34.23% and +5.01%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Hershey. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.17% lower within the past month. As of now, Hershey holds a Zacks Rank of #3 (Hold).
With respect to valuation, Hershey is currently being traded at a Forward P/E ratio of 20.16. This signifies a premium in comparison to the average Forward P/E of 19.28 for its industry.
It is also worth noting that HSY currently has a PEG ratio of 1.43. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Food - Confectionery industry held an average PEG ratio of 1.35.
The Food - Confectionery industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 216, putting it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained 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) Stock Dips While Market Gains: Key Facts
In the latest trading session, Hershey (HSY - Free Report) closed at $167.00, marking a -2.24% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.41% for the day. On the other hand, the Dow registered a loss of 0.07%, and the technology-centric Nasdaq increased by 1.11%.
The chocolate bar and candy maker's stock has climbed by 0.61% in the past month, falling short of the Consumer Staples sector's gain of 3.59% and the S&P 500's gain of 1.46%.
The upcoming earnings release of Hershey will be of great interest to investors. The company's earnings report is expected on October 29, 2026. The company is predicted to post an EPS of $2.12, indicating a 63.08% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $3.25 billion, indicating a 2.29% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $8.47 per share and a revenue of $12.28 billion, indicating changes of +34.23% and +5.01%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Hershey. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.17% lower within the past month. As of now, Hershey holds a Zacks Rank of #3 (Hold).
With respect to valuation, Hershey is currently being traded at a Forward P/E ratio of 20.16. This signifies a premium in comparison to the average Forward P/E of 19.28 for its industry.
It is also worth noting that HSY currently has a PEG ratio of 1.43. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Food - Confectionery industry held an average PEG ratio of 1.35.
The Food - Confectionery industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 216, putting it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained 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.