Hershey Company (NYSE: HSY) is -6.30% 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 $174.50 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $174.70, the stock is -0.67% and -3.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.33 million and changing 0.11% at the moment leaves the stock -8.36% off its SMA200. HSY registered -7.66% loss for a year compared to 6-month loss of -10.89%. The firm has a 50-day simple moving average (SMA 50) of $181.0102 and a 200-day simple moving average (SMA200) of $190.62704.
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The stock witnessed a -1.20% gain in the last 1 month and extending the period to 3 months gives it a -14.05%, and is -0.81% 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 3.24% over the week and 2.60% over the month.
Hershey Company (HSY) has around 20505 employees, a market worth around $35.39B and $10.97B in sales. Current P/E ratio is 20.12 and Fwd P/E is 21.44. Profit margin for the company is 16.17%. Distance from 52-week low is 3.89% and -17.56% 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 -5.57% 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
1830.0 institutions hold shares in Hershey Company (HSY), with institutional investors hold 88.07% of the company’s shares. The shares outstanding are 147.73M, and float is at 147.29M with Short Float at 5.38%. Institutions hold 87.86% 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 Dec 03 ’24 at a price of $180.00 per share for a total of $0.18 million. Following the sale, the insider now owns 30228.0 shares.
Still, SEC filings show that on Nov 18 ’24, Raup Charles R (Officer) Proposed Sale 1,000 shares at an average price of $170.95 for $0.17 million. The insider now directly holds shares of Hershey Company (HSY).
