Hershey Company (NYSE: HSY) is -3.73% lower on its value in year-to-date trading and has touched a low of $168.16 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 $177.82 in the last trading session, with the day’s gains setting it 1.66%.
Currently trading at $179.48, the stock is 1.97% and -1.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.99 million and changing 0.93% at the moment leaves the stock -5.98% off its SMA200. HSY registered -6.02% loss for a year compared to 6-month loss of -10.29%. The firm has a 50-day simple moving average (SMA 50) of $182.2792 and a 200-day simple moving average (SMA200) of $190.9481.
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The stock witnessed a 0.12% gain in the last 1 month and extending the period to 3 months gives it a -9.67%, and is 2.24% 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 2.12% over the week and 2.36% over the month.
Hershey Company (HSY) has around 20505 employees, a market worth around $36.32B and $10.97B in sales. Current P/E ratio is 20.67 and Fwd P/E is 21.87. Profit margin for the company is 16.17%. Distance from 52-week low is 6.73% and -15.31% from its 52-week high. The company has generated returns on investments over the last 12 months (23.01%).
with sales reaching $2.85B over the same period.The EPS is expected to shrink by -5.34% this year, but quarterly earnings will post -0.01% year-over-year. Quarterly sales are estimated to grow 7.21% in year-over-year returns.
Hershey Company (HSY) Top Institutional Holders
1829.0 institutions hold shares in Hershey Company (HSY), with institutional investors hold 88.06% of the company’s shares. The shares outstanding are 147.73M, and float is at 147.26M with Short Float at 5.38%. Institutions hold 87.84% 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
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Still, SEC filings show that on Nov 04 ’24, McCalman Jennifer (VP, Chief Accounting Officer) disposed off 278 shares at an average price of $179.28 for $49840.0. The insider now directly holds 2,960 shares of Hershey Company (HSY).
