Hershey Company (NYSE: HSY) is -9.23% lower on its value in year-to-date trading and has touched a low of $147.60 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 $150.71 in the last trading session, with the day’s gains setting it 3.01%.
Currently trading at $153.72, the stock is -3.95% and -9.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.31 million and changing 2.00% at the moment leaves the stock -17.48% off its SMA200. HSY registered -18.80% loss for a year compared to 6-month loss of -20.22%. The firm has a 50-day simple moving average (SMA 50) of $170.4116 and a 200-day simple moving average (SMA200) of $186.4874.
The stock witnessed a -9.04% gain in the last 1 month and extending the period to 3 months gives it a -15.53%, and is 0.56% 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 2.13% over the week and 2.26% over the month.
Hershey Company (HSY) has around 20505 employees, a market worth around $31.11B and $10.97B in sales. Current P/E ratio is 17.71 and Fwd P/E is 20.47. Profit margin for the company is 16.17%. Distance from 52-week low is 4.15% and -27.46% from its 52-week high. The company has generated returns on investments over the last 12 months (23.01%).
with sales reaching $2.84B over the same period.The EPS is expected to shrink by -5.61% this year, but quarterly earnings will post -0.04% year-over-year. Quarterly sales are estimated to grow 6.98% in year-over-year returns.
Hershey Company (HSY) Top Institutional Holders
1788.0 institutions hold shares in Hershey Company (HSY), with institutional investors hold 88.08% of the company’s shares. The shares outstanding are 147.73M, and float is at 147.25M with Short Float at 4.72%. 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
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Hershey Company disclosed in a document filed with the SEC on Dec 03 ’24 that Voskuil Steven E (SVP, Chief Financial Officer) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Dec 03 ’24 and was made at $180.00 per share for $0.18 million. Following the transaction, the insider now directly holds 30228.0 shares of the HSY stock.
Still, SEC filings show that on Dec 03 ’24, Voskuil Steven E (Officer) Proposed Sale 1,000 shares at an average price of $180.00 for $0.18 million. The insider now directly holds shares of Hershey Company (HSY).
