Hershey (HSY) closed at $192.10 in the latest trading session, marking a +1.14% move from the prior day. The stock outpaced the S&P 500's daily loss of 2.32%. Meanwhile, the Dow experienced a drop of 1.25%, and the technology-dominated Nasdaq saw a decrease of 3.64%.Shares of the chocolate bar and candy maker witnessed a gain of 2.16% over the previous month, beating the performance of the Consumer Staples sector with its gain of 1% and the S&P 500's gain of 1.79%.Analysts and investors alike will be keepin ...

Investing ledged Warren Buffett (Trades, Portfolio) has said, “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”The Hershey Co. (HSY, Financial) is a wonderful company that I believe is trading at a fair price. While Buffett is not a shareholder, Berkshire Hathaway (BRK.A, Financial)(BRK.B, Financial) controls See's Candies, which is engaged in a similar business. Berkshire has previously been rumored to be interested in acquiring Hershey, but such a trans ...

The latest trading session saw Hershey (HSY) ending at $191.29, denoting a +0.07% adjustment from its last day's close. This change lagged the S&P 500's 1.08% gain on the day. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%.Shares of the chocolate bar and candy maker have appreciated by 4.98% over the course of the past month, outperforming the Consumer Staples sector's gain of 1.82% and the S&P 500's gain of 0.43%.The investment community will be closely monitoring the perf ...

Company Overview - Hershey (HSY) closed at $189.97, reflecting a +0.56% change from the previous session, which is lower than the S&P 500's gain of 0.64% [1] - Over the past month, Hershey's shares increased by 3.21%, outperforming the Consumer Staples sector's gain of 0.85% but lagging behind the S&P 500's gain of 3.82% [1] Upcoming Financial Results - Hershey is set to announce its earnings on August 1, 2024, with an expected EPS of $1.44, indicating a 28.36% decline year-over-year [1] - The consensus estimate for quarterly revenue is $2.31 billion, down 7.09% from the same period last year [1] Annual Forecast - The Zacks Consensus Estimates predict earnings of $9.59 per share and revenue of $11.44 billion for the entire year, showing no change in earnings and a +2.43% increase in revenue compared to the previous year [2] Analyst Estimates and Market Sentiment - Changes in analyst estimates for Hershey are crucial as they reflect short-term business trends, with upward revisions indicating positive sentiment towards the company's operations [2] - The Zacks Rank system, which includes estimate changes, currently ranks Hershey at 4 (Sell) [3] Valuation Metrics - Hershey has a Forward P/E ratio of 19.7, which is slightly lower than the industry average of 19.92, suggesting it is trading at a discount [3] - The company has a PEG ratio of 4.23, compared to the industry average PEG ratio of 3.33, indicating a higher expected earnings growth trajectory relative to its price [3] Industry Context - The Food - Confectionery industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 226, placing it in the bottom 11% of all industries [4] - The strength of industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [4]

Several stellar dividend stocks are trading at low prices you rarely see.Consumers are the heartbeat of the U.S. economy; their spending accounts for over 68% of America's economic output. Following all that money can lead you to some remarkable long-term investment ideas, and they're often brands you know and love.These companies have years of growth and dividends on their resume, but have slipped due to fears that consumer spending is fading. High inflation is taking a toll on consumers, who are tightenin ...

As market volatility persists in 2024 with the presidential election on the horizon, investors look towards more stable investments. Consumer staples stocks are a reliable choice for those seeking to navigate these turbulent times. These stocks represent companies that produce and sell essential goods and services, such as food, beverages, household products and personal care items. This makes investing in the sector extremely attractive, as companies can generate consistent revenue and cash flows. Moreover ...

Newly formed team to service U.S. CMG, salty and protein business units HERSHEY, Pa., July 11, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) has selected a newly created team, MiltonONE, from Publicis, as the agency of record for the company's U.S. candy, mint, gum (CMG), salty and protein business units. This completes a comprehensive review of all media and solidifies the opportunity to centralize integrated media responsibilities. The review did not include media for Hershey's international market ...

The Hershey Company (HSY) maintains a robust lineup of established brands through prudent acquisitions. As a leading snacks company, it actively invests in its brands and capabilities to foster growth. Management is effectively executing strategic pricing strategies. However, HSY encounters challenges posed by the current high-cost environment.Let’s delve deeper.Gains From BuyoutsHershey is undertaking buyouts to augment portfolio strength and boost revenues. In April 2023, the company signed an agreement t ...

Company Performance - Hershey's stock closed at $185.68, reflecting a +1.6% increase compared to the previous day, outperforming the S&P 500's gain of 1.02% [1] - Over the last month, Hershey's shares decreased by 4.12%, underperforming the Consumer Staples sector's loss of 2.18% and the S&P 500's gain of 4.44% [1] - The upcoming earnings report on August 1, 2024, is projected to show earnings per share (EPS) of $1.45, a 27.86% decrease from the same quarter last year, with net sales expected to be $2.31 billion, down 7.09% year-over-year [1] Analyst Estimates - The full-year Zacks Consensus Estimates for Hershey are earnings of $9.59 per share and revenue of $11.44 billion, indicating year-over-year changes of 0% and +2.43%, respectively [2] - Recent modifications to analyst estimates are crucial as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [2] Valuation Metrics - Hershey currently has a Forward P/E ratio of 19.05, which is a discount compared to the industry average Forward P/E of 19.4 [3] - The company has a PEG ratio of 4.09, compared to the Food - Confectionery industry's average PEG ratio of 3.23 [3] Industry Context - The Food - Confectionery industry is part of the Consumer Staples sector and currently holds a Zacks Industry Rank of 229, placing it within the bottom 10% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]

mphillips007 Hershey Co. (NYSE:HSY) is an American multinational confectionery and snack food company. Founded in 1894, it is now a $37 billion (by market cap) confectionary principal that employs nearly 20,000 people. The company reports results across three segments: North America Confectionery, 82% of FY 2023 sales; North America Salty Snacks, 10%; and International, 8%. To put Hershey’s size and dominance into perspective, the company controls approximately 100 different brands. These brands include ...