Hershey (HSY) Registers a Bigger Fall Than the Market: Important Facts to Note

Core Viewpoint - Hershey's stock performance has shown resilience in the past month, outperforming the Consumer Staples sector and the S&P 500, despite a recent decline in trading [1] Financial Performance - The upcoming earnings report for Hershey is projected to show an EPS of $1.06, reflecting a significant year-over-year decline of 54.70% [2] - Revenue is expected to reach $3.11 billion, indicating a 4.1% increase compared to the same quarter last year [2] - Full-year earnings estimates suggest earnings of $5.92 per share and revenue of $11.51 billion, representing year-over-year changes of -36.82% and +2.78%, respectively [3] Analyst Estimates - Recent changes in analyst estimates for Hershey indicate evolving short-term business trends, with positive revisions seen as a favorable sign for the business outlook [3] - The Zacks Consensus EPS estimate has decreased by 0.16% over the last 30 days, and Hershey currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Hershey's Forward P/E ratio stands at 32.67, which is higher than the industry average Forward P/E of 22.88 [6] - The company has a PEG ratio of 4.67, compared to the Food - Confectionery industry's average PEG ratio of 3.5 [6] Industry Context - The Food - Confectionery industry is part of the Consumer Staples sector and currently holds a Zacks Industry Rank of 103, placing it in the top 42% of over 250 industries [7] - Research indicates that industries in the top 50% of the Zacks Industry Rank outperform those in the bottom half by a factor of 2 to 1 [7]