Hershey Company (NYSE:HSY) Price Target and Market Performance Analysis

Core Viewpoint - Hershey Company is projected to have a potential upside of 18.81% from its current trading price, reflecting confidence in its market position and future growth [1]. Financial Performance - Hershey has a strong history of exceeding earnings estimates, with an average earnings surprise of 19.53% over the last two quarters [2]. - In the most recent quarter, Hershey reported earnings of $1.3 per share, surpassing the Zacks Consensus Estimate of $1.09 per share, resulting in a 19.27% surprise [2]. - In the preceding quarter, Hershey achieved earnings of $1.21 per share against an expectation of $1.01 per share, marking a 19.80% surprise [3]. - This consistent trend of outperforming expectations has led to upward revisions in earnings estimates for Hershey [3]. Stock Performance - Currently, Hershey's stock is priced at $179.28, with a slight decrease of 0.39% today [4]. - The stock has experienced a trading range over the past year, reaching a high of $199 and a low of $140.13, indicating volatility [4]. - Hershey's market capitalization is approximately $36.35 billion, with a trading volume of 1,761,745 shares, reflecting strong market presence and investor interest [5].