At the last check on Friday, The Hershey Company’s (NYSE:HSY) stock was up $0.68, moving up 0.31 percent to $223.21. The average number of shares traded per day over the past five days has been 1,102,356 shares. 2 times new highs have been achieved over the past 5 days, with a -$3.94 fall in that time frame. In the last twenty days, the average volume was 1,192,139, while in the previous 50 days, it was 1,077,498.
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Since last month, HSY stock retreated -1.54%. Shares of the company fell to $215.76 on 05/02/22, the lowest level in the past month. A 52-week high of $231.60 was reached on 04/21/22 after having rallying from a 52-week low of $167.10. Since the beginning of this year, HSY’s stock price has risen by 15.02% or $28.64, and marked a new high 26 times. However, the stock has declined by -3.62% since its 52-week high.
The Hershey Company (HSY) last reported insider trading activity 4 days ago on May 09. Buck Michele, the Chairman, President and CEO of the company, disposed of 5,000 shares for $224.75 on May 09. It resulted in a $1,123,750 divestment by the insider. Reiman Jason sold 150 shares at an average price of $224.75 on May 09. The insider now owns 16,467 shares following the transaction. On Apr 12, VP, Chief Accounting Officer McCalman Jennifer sold 95 shares at $223.80 apiece. The transaction was valued at $21,261.
Right now, The Hershey Company (HSY) has a P/E ratio of about 28.58. The stock’s beta is 0.35. Besides these, the trailing price-to-sales (P/S) ratio of 4.85, the price-to-book (PB) ratio of 11.18, and the price-to-cash flow ratio of 50.18 may also be considered.
The latest dividend of $0.9010 per share was paid out, remained unchanged from last year’s $0.9010. On Thursday July 29 2021, a $0.0970 dividend increase was announced.
In the three months ended March 30, The Hershey Company’s quick ratio stood at 0.60, while its current ratio was 1.00, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.40, and the total debt-to-equity ratio was 1.70. On the profitability front, the trailing twelve-month gross margin is 45.50% percent. In the year ended March 30, operating margins totaled 22.40%. Based on annual data, HSY earned $4.05 billion in gross profit and brought in $8.97 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 20.70%. Return on equity (ROE) for the past 12 months was 61.70%.
In The Hershey Company’s quarter-end financial report for March 30, it reported total debt of $4.09 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HSY’s revenue rose 13.89% to $2.33 billion during the quarter, while net income inched up to $2.67 billion. While analysts expected The Hershey Company to report $2.1 quarterly earnings, the actual figure was $2.53 per share, beating the consensus estimate by 20.50%. During the quarter, the company generated $812.03 million in EBITDA. The liabilities of The Hershey Company were 7.73 billion at the end of its most recent quarter ended March 30, and its total debt was $5.31 billion. The value of shareholders’ equity is $205.6 million.
This quick technical analysis looks at The Hershey Company’s (HSY) price momentum. With a historical volatility rate of 17.30%, the RSI 9-day stood at 47.00% on 12 May.
With respect to its five-day moving average, the current The Hershey Company price is down by -1.74% percent or -$3.94. At present, HSY shares trade -1.71% below its 20-day simple moving average and +18.28% percent above its 100-day simple moving average. However, the stock is currently trading approximately +6.71% above its SMA50 and +24.42% above its SMA200.
Stochastic coefficient K was 53.57% and Stochastic coefficient D was 53.08%, while ATR was 4.56. Given the Stochastic reading of 47.21% for the 14-day period, the RSI (14) reading has been calculated as 50.11%. As of today, the MACD Oscillator reading stands at -0.34, while the 14-day reading stands at -0.09.
UBS launched its rating on The Hershey Company (NYSE: HSY) to a Neutral in a note to investors on March 30, 2022. The Hershey Company (HSY) has been rated Overweight by analysts. According to 1 brokerage firm, HSY is a sell, and 12 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate The Hershey Company stock as buy, with 8 recommending it as overweight.
With a median target price of $235.00, the current consensus forecast for the stock is $203.00 – $255.00. Based on these forecasts, analysts predict The Hershey Company (HSY) will achieve an average price target of $230.00.