Hershey Company (NYSE: HSY) is -8.89% lower on its value in year-to-date trading and has touched a low of $140.13 and a high of $208.03 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 $171.29 in the last trading session, with the day’s gains setting it 5.46%.
Currently trading at $176.75, the stock is 4.27% and 6.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.33 million and changing 3.19% at the moment leaves the stock 4.29% off its SMA200. HSY registered 4.37% gain for a year compared to 6-month gain of 14.76%. The firm has a 50-day simple moving average (SMA 50) of $165.651 and a 200-day simple moving average (SMA200) of $169.5612.
The stock witnessed a 4.14% loss in the last 1 month and extending the period to 3 months gives it a 6.10%, and is 7.18% 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 2.63% over the week and 2.53% over the month.
Hershey Company (HSY) has around 18540 employees, a market worth around $35.81B and $10.75B in sales. Current P/E ratio is 21.80 and Fwd P/E is 28.19. Profit margin for the company is 15.32%. Distance from 52-week low is 26.13% and -15.04% from its 52-week high. The company has generated returns on investments over the last 12 months (16.19%).
The EPS is expected to shrink by -37.00% this year.
Hershey Company (HSY) Top Institutional Holders
1768.0 institutions hold shares in Hershey Company (HSY), with institutional investors hold 121.59% of the company’s shares. The shares outstanding are 147.98M, and float is at 147.28M with Short Float at 6.69%. Institutions hold 121.15% 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 9.5751% 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 6.3304 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.64 million shares representing 3.2803% and valued at over $1.22 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.1127 of the shares totaling 4.28 million with a market value of $786.49 million.
Hershey Company (HSY) Insider Activity
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