Hershey(HSY)
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Is This Beloved High-Yield Dividend Stock a Buy?
The Motley Fool· 2024-10-24 11:30
With over a 3% dividend yield, is this stock's future looking sweet, or sour?In this video, Travis and Jason cover Hershey's (HSY -0.81%) business strategy, management quality, and financial health. Perfect for seasoned investors looking to glean new insights! All in under 12 minutes.*Stock prices used were the prices of Oct. 2, 2024. The video was published on Oct. 24, 2024. ...
Hershey: Sweeter Than Mondelez This Halloween
Seeking Alpha· 2024-10-23 12:17
As Halloween approaches and candy takes over entire aisles in grocery stores, it’s the perfect time to assess two giants of the snack world: Hershey (NYSE: HSY ) and Mondelez International (NASDAQ: MDLZ ). With iconic brands like Reese’s and KitJoseph Jones, professor at The University of Southern Mississippi, has over fifteen years of experience studying the market. He focuses on portfolio construction from a dividend growth investor's perspective. The insights expressed in his research are solely his own; ...
2 Magnificent Dividend Stocks Down 33% and 39% to Buy Right Now While Their Dividend Yields Are Near Once-in-a-Decade Highs
The Motley Fool· 2024-10-20 08:21
These steady food and snacking businesses are available at a deep discount and look like magnificent holdings to buy and hold for decades.One of my favorite pairings when looking for passive income on the stock market is to find companies with safe, steady operations with dividend yields that are near 10-year highs. While finding this combination isn't exactly common, chocolatier The Hershey Company (HSY 0.97%) and quick-service food franchisor MTY Food Group (MTYF.F -1.21%) currently meet these requirement ...
Hershey Signs Groundbreaking Long-Term Agreement with Cocoa Cooperatives Aimed at Improving Farmer Income and Farm Resiliency
Prnewswire· 2024-10-15 13:17
Five-year agreement builds on significant company investments in improving the well-being of cocoa farming communitiesHERSHEY, Pa., Oct. 15, 2024 /PRNewswire/ -- Hershey announced a five-year agreement with nine cocoa-producing cooperatives in Côte d'Ivoire. The move is part of its "Cocoa For Good" strategy, a 10-year, $500 million investment by the company to address the complex challenges facing cocoa farmers. The agreement aims to build lasting relationships with farmers that enable a more resilient supp ...
Hershey to Webcast Third-Quarter Conference Call
Prnewswire· 2024-10-10 13:00
HERSHEY, Pa., Oct. 10, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) announced today that it will release its third-quarter sales and earnings results on Thursday, November 7, 2024, and hold a conference call with analysts at 8:30 a.m. ET on that date. The company will host the conference call via a live webcast on the Hershey corporate website. Please click here and navigate to "CALENDAR OF EVENTS" for webcast details.If you are unable to click on the link above, please copy and paste the URL below ...
Hershey (HSY) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2024-10-08 23:20
In the latest market close, Hershey (HSY) reached $187.58, with a +0.03% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.97%. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.45%.The chocolate bar and candy maker's stock has dropped by 7.73% in the past month, falling short of the Consumer Staples sector's loss of 3.52% and the S&P 500's gain of 5.41%.The upcoming earnings release of Hershey will be o ...
Is HSY Stock's 3.4X P/S Still Worth It? Time to Buy, Sell or Hold?
ZACKS· 2024-10-04 15:16
The Hershey Company (HSY) is currently trading at a forward 12-month price-to-sales (P/S) ratio of 3.35, significantly higher than the industry average of 2.17. This disparity suggests that investors have historically had high expectations for the company's future earnings growth. However, HSY’s recent stock performance casts doubt on whether these lofty expectations are sustainable. Hershey’s Value Score of C adds to these concerns.Shares of Hershey have dipped 1.4% in the past six months compared with the ...
Hershey Declines 10% From 52-Week High: Will the Stock Rebound?
ZACKS· 2024-09-27 16:10
The Hershey Company (HSY) has faced challenges over the last six months, experiencing a stock price decline of 0.7%. This stands in contrast with the broader industry which experienced a slight decline of 1%, while the S&P 500 index showed a notable gain of 8.2%.Image Source: Zacks Investment ResearchClosing at $190.52 yesterday, the stock declined 10.1% from its 52-week high of $211.92. Also, the stock has fallen below critical technical thresholds, including its 50-day and 200-day moving averages. This mo ...
Hershey Hit with Analyst Downgrade As Chocolate Segment Melts
Investopedia· 2024-09-26 21:55
Key TakeawaysJefferies analysts downgraded Hershey to underperform and lowered their price target.The firm said chocolate is trailing other snacks in volume growth and is being bought less frequently despite being the largest category in dollar sales.Inflation of cocoa prices is causing chocolate producers to face much higher costs. Shares of Hershey Co. (HSY) was dropped to underperform by Jefferies analysts, calling chocolate “amongst the most concerning” segments of the US snack sector in a note Thursday ...
1 Dividend Growth Stock Down 25% to Buy Right Now
The Motley Fool· 2024-09-24 00:00
Bad news has brought Hershey stock down, but that's an opportunity for long-term investors willing to go against the grain.Confectionery giant Hershey (HSY -0.15%) is known for candy coating things, but there's really no way to make a 25% stock drop more palatable. Investors are clearly worried that the company has big problems that will be hard to fix. In some ways that's true, but it doesn't mean that Hershey can't solve the issues it faces. Here's a look at Hershey's situation and why this dividend growt ...