gsheldon/iStock Editorial via Getty Images I recently saw the new Willy Wonka movie and I wished that as I was watching it I could enjoy a delicious bar of chocolate, and then it hit me...what if I could not only enjoy a great piece of chocolate but also enjoy the wonders of owning one of the most recognizable chocolate brands in the world? In the LTM, Hershey's (NYSE:HSY) stock has fallen approximately -14.60% while the consumer staples sector (XLP) has risen almost by 3.70% in the same time frame. Data by ...

We are just days from Super Bowl 58. More than 50 advertisers will be in this year’s big game, with a 30-second commercial costing approximately $7 million. Super Bowl stocks don’t spend this money if management isn’t convinced the payback will be greater than the investment. Over the years, sports and non-sports fans have sat down to watch the big game, many just to see the commercials. Ironically, the ads have become so popular that some get released before Super Bowl Sunday. Thank goodness for that. I li ...

The Hershey Company (HSY) is likely to register top-line growth when it reports fourth-quarter 2023 earnings on Feb 8. The Zacks Consensus Estimate for revenues is pegged at $2.7 billion, suggesting an increase of 2.8% from the prior-year quarter’s reported figure.The consensus mark for quarterly earnings has decreased around 1% in the past 30 days to $1.95 per share, which indicates a decline of 3.5% from the year-ago quarter’s reported figure. HSY has a trailing four-quarter earnings surprise of 9%, on av ...

Wall Street analysts forecast that Hershey (HSY) will report quarterly earnings of $1.95 per share in its upcoming release, pointing to a year-over-year decline of 3.5%. It is anticipated that revenues will amount to $2.73 billion, exhibiting an increase of 2.8% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ...

The market expects Hershey (HSY) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 8, 2024, might help the stock move higher if these key numbers are be ...

Retail stocks did particularly well during the COVID-19 pandemic as fiscal stimulus contributed to higher consumer savings rates. Increased spending artificially boosted demand as stay-at-home orders persisted. Fast forward a few years later and the economic landscape looks much different. The economy is now recovering from a prolonged period of inflation and higher interest rates. This has affected consumer spending patterns, with a majority going toward food, shelter and transportation. However, the Feder ...

In the latest market close, Hershey (HSY) reached $192.79, with a +1.36% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.76%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 1.12%.The chocolate bar and candy maker's shares have seen an increase of 2.02% over the last month, not keeping up with the Consumer Staples sector's gain of 4.52% and the S&P 500's gain of 2.5%.Market participants will be closely following the financial r ...

Not every stock rose last year. Consider these four -- Nike (NKE 1.97%), MarketAxess (MKTX 1.15%), Paycom Software (PAYC 0.53%), and The Hershey Company (HSY 0.45%) -- which fell between 10% and 42% in 2023. That stands in stark contrast to the S&P 500 index's 23% rise. Despite these worrying drops, nothing changed dramatically for the worse regarding any of the four dividend growers' operations. This disconnect between declining share prices and each company's leadership position in its niche may create op ...

Scott OlsonA list of defensive consumer staple names have been getting cheaper over the last 12 months. Among my favorites is The Hershey Company (NYSE:HSY), which may have the smartest combination of operating business undervaluation, future growth prospects, and high to rising dividend yield. If you believe a U.S. recession and bear market are next for Wall Street in 2024, this defensive pick could be a great idea, especially on minor weakness. Now, I don't expect spectacular returns from this leading ...

memoriesarecaptured The Hershey Company (NYSE:HSY) is well known in the U.S. and beyond. The stock is no different, being a main staple in portfolios for many years. Even with the recent stock drops, the fundamentals of the company still resemble a strong portfolio of candy that people love. Hershey’s free cash flow has remained strong even with a decline in customer discretionary spending. With such an established market, it is surprising to see such strong growth still present within Hershey’s financi ...