Back to top
more

Hormel Foods (HRL)

(Delayed Data from NYSE)

$36.09 USD

36.09
2,087,946

+0.49 (1.38%)

Updated May 16, 2024 03:59 PM ET

After-Market: $36.09 0.00 (0.00%) 7:16 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 9% (23 out of 250)

Industry: Food - Meat Products

Better trading starts here.

Zacks News

Hormel Foods (HRL) Misses Q3 Earnings and Revenue Estimates

Hormel (HRL) delivered earnings and revenue surprises of -2.44% and 4.65%, respectively, for the quarter ended July 2023. Do the numbers hold clues to what lies ahead for the stock?

What's in the Cards for Hormel Foods (HRL) in Q3 Earnings?

Hormel Foods' (HRL) third-quarter results are likely to reflect gains from strategic initiatives like Go Forward and One Supply Chain.

Coty (COTY) Q4 Earnings Lag Estimates

Coty (COTY) delivered earnings and revenue surprises of -50% and 2.32%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Guess? (GES) to Report Q2 Earnings: What's in the Offing?

Guess?'s (GES) second-quarter performance will likely reflect the adverse impact of reduced customer traffic and conversions. Supply chain disruptions are a major challenge.

Hormel Foods (HRL) Gains From Capacity Expansions Amid Risks

Hormel Foods (HRL) is poised to gain from its solid presence across end markets, strategic investments and acquisitions. Softness in retail bacon and foodservice businesses remains concerning.

Is a Beat in Store for Ulta Beauty (ULTA) in Q2 Earnings?

Ulta Beauty's (ULTA) second-quarter results are likely to reflect gains from the strong skincare category and omnichannel strength amid high SG&A costs.

Is a Beat in Store for Kohl's Corporation (KSS) in Q2 Earnings?

Kohl's Corporation's (KSS) second-quarter results are likely to reflect elevated SG&A costs and a soft gross margin. Omnichannel efforts remain an upside.

Coty Gears Up for Q4 Earnings: What's in the Offing?

Coty's (COTY) fourth-quarter fiscal 2023 earnings are likely to reflect gains from saving efforts and pricing actions amid the inflationary environment.

What to Expect From The Estee Lauder Companies (EL) Q4 Earnings?

The Estee Lauder Companies' (EL) fourth-quarter results are likely to reflect the impacts of soft recovery in Asia travel retail. However, prudent pricing and enhanced product distribution bode well.

Kellogg (K) Poised on Brand Portfolio Strength & Buyouts

Kellogg (K) is dedicated to augmenting its portfolio by adding more products under existing brands, innovation and marketing initiatives.

Is a Beat in Store for The TJX Companies (TJX) in Q2 Earnings?

The TJX Companies' (TJX) second-quarter results are likely to reflect gains from the company's off-price model, strategic store locations, impressive brands and fashion products.

Zacks Industry Outlook Highlights Hormel Foods, Tyson Foods and Beyond Meat

Hormel Foods, Tyson Foods and Beyond Meat have been highlighted in this Industry Outlook article.

Vrishali Bagree headshot

Protein Demand Grows: Keep an Eye on These 3 Meat Food Stocks

The Zacks Food - Meat Products industry players like Hormel Foods (HRL), Tyson Foods (TSN) and Beyond Meat (BYND) capitalize on the rising demand for protein-rich food through constant expansion and innovative efforts amid cost inflation.

What Must You Know Ahead of Hanesbrands' (HBI) Q2 Earnings?

Hanesbrands' (HBI) second-quarter results are likely to reflect the impacts of an overall inflationary environment on consumer spending as well as commodity costs.

Inter Parfums (IPAR) Queued for Q2 Earnings: Things to Note

Inter Parfums' (IPAR) second-quarter 2023 performance will likely reflect gains from the company's brand strength across U.S. and European operations.

What Must You Know Ahead of Flowers Foods' (FLO) Q2 Earnings?

Flowers Foods' (FLO) second-quarter results are likely to reflect gains from core priorities like innovation and brand building amid escalated costs.

Tyson Foods (TSN) Q3 Earnings and Revenues Miss Estimates

Tyson (TSN) delivered earnings and revenue surprises of -55.88% and 4.62%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Beyond Meat (BYND) Q2 Earnings Upcoming: Key Factors to Note

Amid macroeconomic concerns, Beyond Meat (BYND) introduces innovations, expanded distribution, and made progress in its operations. The impacts of these are likely to get reflected in its Q2 results.

What Must You Know Ahead of Tyson Foods' (TSN) Q3 Earnings?

Tyson Foods' (TSN) third-quarter results are likely to reflect gains from the rising demand for protein amid escalated input costs.

Is a Beat in Store for Kellogg (K) in Q2 Earnings Release?

Kellogg's (K) second-quarter results are likely to reflect gains from revenue growth management efforts amid elevated costs.

Capacity Expansions Fuel Hormel Foods (HRL), High Costs Ail

Hormel Foods (HRL) intends to strengthen its business on the back of strategic acquisitions. The company is on track with stabilizing margin pressures amid cost inflation.

Hormel Foods (HRL) Exhibits Solid Prospects Despite Risks

Hormel Foods (HRL) is poised to benefit from its business strength, strategic investments and acquisitions. However, supply-chain inefficiencies remain concerning.

How to Find Strong Consumer Staples Stocks Slated for Positive Earnings Surprises

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Abhinab Dasgupta headshot

Beat the Market the Zacks Way: Uber, VirTra, Oracle in Focus

Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.

Hormel Foods (HRL) Q2 Earnings Top Estimates, Sales Drop Y/Y

Hormel Foods' (HRL) second-quarter fiscal 2023 results reflect weakness in the Retail and International segments. Improved profits in the Foodservice unit are an upside.