Hershey Company (NYSE: HSY) is -4.02% lower on its value in year-to-date trading and has touched a low of $171.67 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 $184.45 in the last trading session, with the day’s loss setting it -5.51%.
Currently trading at $178.94, the stock is -0.71% and -4.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.25 million and changing -2.99% at the moment leaves the stock -6.87% off its SMA200. HSY registered -9.55% loss for a year compared to 6-month loss of -14.04%. The firm has a 50-day simple moving average (SMA 50) of $187.8928 and a 200-day simple moving average (SMA200) of $192.14755.
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The stock witnessed a -3.18% gain in the last 1 month and extending the period to 3 months gives it a -7.52%, and is 3.52% up 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 2.86% over the week and 1.95% over the month.
Hershey Company (HSY) has around 20505 employees, a market worth around $36.21B and $10.97B in sales. Current P/E ratio is 20.61 and Fwd P/E is 21.55. Profit margin for the company is 16.17%. Distance from 52-week low is 4.23% and -15.56% from its 52-week high. The company has generated returns on investments over the last 12 months (23.01%).
The EPS is expected to shrink by -5.07% this year
1829.0 institutions hold shares in Hershey Company (HSY), with institutional investors hold 89.54% of the company’s shares. The shares outstanding are 149.78M, and float is at 147.19M with Short Float at 4.36%. Institutions hold 89.32% 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 McCalman Jennifer, the company’s VP, Chief Accounting Officer. SEC filings show that McCalman Jennifer sold 278 shares of the company’s common stock on Nov 04 ’24 at a price of $179.28 per share for a total of $49840.0. Following the sale, the insider now owns 2960.0 shares.
Still, SEC filings show that on Oct 21 ’24, Voskuil Steven E (SVP, Chief Financial Officer) disposed off 1,000 shares at an average price of $185.47 for $0.19 million. The insider now directly holds 31,228 shares of Hershey Company (HSY).
