Hershey Company (NYSE: HSY) is -7.87% lower on its value in year-to-date trading and has touched a low of $166.69 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 $170.18 in the last trading session, with the day’s gains setting it 1.58%.
Currently trading at $171.76, the stock is -2.80% and -3.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 0.93% at the moment leaves the stock -9.42% off its SMA200. HSY registered -6.61% loss for a year compared to 6-month loss of -6.57%. The firm has a 50-day simple moving average (SMA 50) of $177.6072 and a 200-day simple moving average (SMA200) of $189.6229.
The stock witnessed a -0.88% gain in the last 1 month and extending the period to 3 months gives it a -11.17%, and is 1.67% 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 1.83% over the week and 3.64% over the month.
Hershey Company (HSY) has around 20505 employees, a market worth around $35.08B and $10.97B in sales. Current P/E ratio is 19.79 and Fwd P/E is 21.19. Profit margin for the company is 16.17%. Distance from 52-week low is 3.04% and -18.95% 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 -5.59% this year, but quarterly earnings will post -0.02% year-over-year. Quarterly sales are estimated to grow 7.15% in year-over-year returns.
Hershey Company (HSY) Top Institutional Holders
1832.0 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 147.25M with Short Float at 5.06%. 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
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).
