Hormel Foods Corporation (HRL) Consensus EPS Forecasts


Hormel Foods Corporation (HRL) Consensus EPS Forecasts

They issued an "underweight" rating and a $26.00 target price for the company. Nomura Holdings Inc. now owns 115,356 shares of the company's stock valued at $3,934,000 after acquiring an additional 34,289 shares during the period. Target Corp now has $39.95 billion valuation. The stock decreased 1.11% or $0.39 during the last trading session, reaching $34.81. About 57,108 shares traded. Synergy Pharmaceuticals Inc. (NASDAQ:SGYP) has risen 24.44% since January 11, 2017 and is uptrending. It has underperformed by 18.23% the S&P500. Hormel Foods's dividend payout ratio is presently 43.31%. HRL's SI was 32.83M shares in January as released by FINRA. Its down 0.12% from 17.40 million shares previously.

Analyst research firms are expressing bullish stance on Hormel Foods Corporation (NYSE:HRL)'s near-term growth potential. The SI to Bhp Billiton Limited's float is 0.65%. Another trade for 35,704 shares valued at $1.10 million was sold by SHEEHAN JAMES N. MORRISON JOHN L sold $789,445 worth of stock. Rhumbline Advisers has 0.04% invested in Hormel Foods Corporation (NYSE:HRL). It has underperformed by 103.30% the S&P500.

PulteGroup, Inc. (PHM) exchanged hands at an unexpectedly high level of 4.89 million shares over the course of the day.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 28.10%, and looking further price to next year's EPS is 19.02%. It also upped Goldman Sachs Group Inc (NYSE:GS) stake by 8,920 shares and now owns 20,505 shares.

Westwood Holdings Group Inc, which manages about $12.59B US Long portfolio, decreased its stake in Alliant Energy Corp (NYSE:LNT) by 206,108 shares to 1.20M shares, valued at $49.68M in 2017Q3, according to the filing. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company's stock. Plains All American Pipeline LP had 97 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with "Hold" on Tuesday, January 9. The stock has "Hold" rating by Jefferies on Friday, October 27. On Thursday, November 19 the stock rating was maintained by UBS with "Neutral". Stephens maintained the shares of HRL in report on Friday, June 16 with "Overweight" rating. The rating was maintained by BMO Capital Markets on Wednesday, November 23 with "Outperform".

Hormel Foods Corporation produces and markets various meat and food products worldwide. The total dollar value of all 531.04 million outstanding shares is 18.79 billion. It has a 22.54 P/E ratio. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. Hormel Foods Corporation (NYSE:HRL) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Therefore 33% are positive. Morgan Stanley started coverage on shares of Hormel Foods in a research note on Friday, November 3rd. The rating was initiated by Piper Jaffray on Monday, January 9 with "Overweight". The firm has "Hold" rating by BB&T Capital given on Wednesday, September 9. The firm has "Buy" rating by BMO Capital Markets given on Wednesday, September 27. The firm has "Neutral" rating by Credit Suisse given on Wednesday, November 25.


Since August 30, 2017, it had 0 buys, and 8 insider sales for $6.49 million activity. About 52,591 shares traded. As a percentage of HRL's recent stock price of $36.00, this dividend works out to approximately 0.52%, so look for shares of Hormel Foods Corp.to trade 0.52% lower - all else being equal - when HRL shares open for trading on 1/11/18. Shares for $3.17 million were sold by Kremin Donald H on Monday, September 11.

Investors sentiment decreased to 0.92 in 2017 Q3. Its up 0.41, from 1.49 in 2017Q2. It is negative, as 40 investors sold HRL shares while 161 reduced holdings.

BLACKROCK INC. raised its stake in INSYS Therapeutics, Inc. 147.06 million shares or 7.33% less from 158.68 million shares in 2017Q2 were reported. Carret Asset Mgmt Llc, New York-based fund reported 71,874 shares. This is a positive change from Hormel Foods's previous quarterly dividend of $0.17. United Automobile Association holds 101,755 shares. Shareholders of record on Tuesday, January 16th will be paid a dividend of $0.1875 per share.

Hormel Foods Corporation (NYSE:HRL) current P/S is an unimpressive 2.1. Sigma Planning stated it has 0.02% in Hormel Foods Corporation (NYSE:HRL). Investors use this ratio to decide what multiple of earnings a share is worth. Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,658 shares. $468,453 worth of Hormel Foods Corporation (NYSE:HRL) was sold by BINDER STEVEN G. Signature Financial Management Inc reported 105,102 shares.

Several other institutional investors have also sold shares of the company.

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