Hershey Company (NYSE: HSY) is -2.27% lower on its value in year-to-date trading and has touched a low of $178.82 and a high of $211.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HSY stock was last observed hovering at around $181.98 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $182.20, the stock is -2.72% and -5.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 0.12% at the moment leaves the stock -5.62% off its SMA200. HSY registered -4.25% loss for a year compared to 6-month gain of -2.64%. The firm has a 50-day simple moving average (SMA 50) of $192.8186 and a 200-day simple moving average (SMA200) of $193.0588.
The stock witnessed a -4.61% loss in the last 1 month and extending the period to 3 months gives it a -5.85%, and is -0.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.33% over the week and 1.46% over the month.
Hershey Company (HSY) has around 20505 employees, a market worth around $36.86B and $11.01B in sales. Current P/E ratio is 20.23 and Fwd P/E is 19.78. Profit margin for the company is 16.76%. Distance from 52-week low is 1.89% and -14.02% from its 52-week high. The company has generated returns on investments over the last 12 months (23.64%).
The EPS is expected to shrink by -1.34% this year
1803.0 institutions hold shares in Hershey Company (HSY), with institutional investors hold 84.10% of the company’s shares. The shares outstanding are 149.78M, and float is at 147.18M with Short Float at 4.32%. Institutions hold 83.86% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.39 million shares valued at $3.56 billion. The investor’s holdings represent 9.4946 of the HSY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.82 million shares valued at $2.36 billion to account for 6.2773 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.64 million shares representing 3.2528 and valued at over $1.22 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.095 of the shares totaling 4.28 million with a market value of $786.49 million.
Hershey Company (HSY) Insider Activity
The most recent transaction is an insider sale by Voskuil Steven E, the company’s SVP, Chief Financial Officer. SEC filings show that Voskuil Steven E sold 1,000 shares of the company’s common stock on Oct 21 ’24 at a price of $185.47 per share for a total of $0.19 million. Following the sale, the insider now owns 31228.0 shares.
Still, SEC filings show that on Sep 19 ’24, Voskuil Steven E (SVP, Chief Financial Officer) disposed off 1,000 shares at an average price of $197.54 for $0.2 million. The insider now directly holds 32,228 shares of Hershey Company (HSY).
