Analyst's Proposition on Hormel Foods Corporation (HRL), Southern Copper Corporation (SCCO)

The stock has a quick ratio of 1.60 and a current ratio of 2.60.

According to Zacks, "Over the one month, Hormel Foods' shares have outperformed the Zacks Categorized Food-Meat Products industry". The average revenue estimate for the year ending October 2017 is $9.22B by 11 analysts. While, increased revenues and lower input costs would likely widen profitability going forward. "Over the last 60 days, Zacks Consensus Estimate for the stock has moved north for both fiscal 2017 and 2018".

HRL has been the subject of a number of other research reports.

Piper Jaffray began new coverage on Hormel Foods Corporation giving the company a "overweight" rating. Over the same time span, the stock marked US$55.94 as its best level and the lowest price reached was US$40.28.

09/15/2016 - Oppenheimer began new coverage on Hormel Foods Corporation giving the company a " rating. Its last month's stock price volatility remained 1.3% which for the week approaches 1.31.

Hormel Foods Corporation (NYSE:HRL) last ended at $34.85, sending the company's market cap near $18.43B.

12/01/2016 - KeyBanc began new coverage on Hormel Foods Corporation giving the company a " rating. SCCO right now sits at consensus rating of 3.20 while 2 analysts have advocated the shares as "BUY", 1 calls it an "OUTPERFORM" and 6 suggest "HOLD". Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $0.39 while the top line estimate is $0.41, a key information to consider for Day Trading and investing in stocks. Latest closing price was -3.79% below its 50-day moving average and -4.02% below its 200-day moving average.

Hormel Foods Corporation's P/E ratio now stands at 21.09, while the P/S ratio is at 1.92 and the potential growth rate of earnings per share this year is at 29.40%. Hormel Foods Corp has a 52-week low of $33.18 and a 52-week high of $44.73.

Hormel Foods Corporation's short ratio is now at 10.81 and the float short is at 9.75%. Its revenue totaled $2.28 billion down -13.3% from the previous quarter.

Nielsen Holdings plc (NYSE:NLSN)'s earnings per share has been growing at a 53.6 percent rate over the past 5 year when average revenue increase was noted as 3.4 percent. Huntington National Bank raised its stake in shares of Hormel Foods Corporation by 17.1% in the third quarter.

09/16/2016 - Hormel Foods Corporation was upgraded to " by analysts at Edward Jones.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 15th. It has a Payout Ratio of 0.41 and the change in Dividend payout ratio is 0.04. FSB ADV purchased a new stake in shares of Hormel Foods Corporation during the fourth quarter valued at about $163,000. The analysts' present consensus range is $0.41-$0.48 for EPS. The ex-dividend date is Thursday, January 12th.

11/25/2015 - Hormel Foods Corporation was upgraded to " by analysts at Stephens.

In other news, insider James M. Splinter sold 34,262 shares of the company's stock in a transaction on Monday, December 5th.

Following U.S. election volatility some analysts have updated their recommended target prices on shares of Hormel Foods Corporation (NYSE:HRL). The current value of the RSI is 36.27 that is neither bought nor sold range. Huntington National Bank now owns 4,100 shares of the company's stock valued at $156,000 after buying an additional 600 shares during the last quarter. The disclosure for this sale can be found here. The company's institutional ownership is monitored at 92.9 percent. The latest exchange of 1.77 Million shares is below its average trading activity of 2.43 Million shares.

04/05/2016 - Hormel Foods Corporation was downgraded to " by analysts at BB&T Capital Markets. That came on revenues of $2.3B for that period. Hormel Foods Corporation has a 52-week low of 33.18 and a 52-week high of 44.73. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Mizuho Asset Management Co. Van ECK Associates Corp increased its stake in shares of Hormel Foods Corp by 9.4% in the fourth quarter. Ltd. now owns 3,380 shares of the company's stock worth $124,000 after buying an additional 2,504 shares during the period.

10/19/2015 - Buckingham Research began new coverage on Hormel Foods Corporation giving the company a "neutral" rating.

Recommended News

  • Future Trunks Arc Included; Expansion To

    Future Trunks Arc Included; Expansion To

    Until then, all speculations about the game's next chapter should be taken with a grain of salt. There are lots going on behind the scenes of Dragon Ball Xenoverse 2.
    SSC CGL exam 2017: Notification to release on March 11

    SSC CGL exam 2017: Notification to release on March 11

    Candidates must take printout of their admit cards as they wont be allowed to sit for the examination without the admit card. SSC CGL tier III will carry descriptive type questions, for which candidates will be given one hour to answer.
    'The Vampire Diaries' Season 8 Finale: Bonnie, Stefan Dies; Elena, Damon Reunite

    'The Vampire Diaries' Season 8 Finale: Bonnie, Stefan Dies; Elena, Damon Reunite

    As Wesley said that someone would die in the finale, the same was claimed by Entertainment Weekly . The final episode of the last season of the highly popular show is called " I Was Feeling Epic ".
  • Indiana Jones 5 is a go; Gets an official release date

    Disney have announced that a fifth Indiana Jones film is definitely happening and will be coming to cinemas on 19 July, 2019. That's the Lucasfilm/Disney way and so far, it's been pretty good to Star Wars .
    'The Real Housewives of New York' Season 9 Premieres April 5th

    'The Real Housewives of New York' Season 9 Premieres April 5th

    Naturally, that means more drama with Bethenny, who meets Tom for the first time in the teaser. The new season will also follow Luann as she plans her wedding to Tom D'Agostino.
    Alabama's OJ Howard's stock on the rise after NFL Combine Performance

    Alabama's OJ Howard's stock on the rise after NFL Combine Performance

    This much is certain: Howard is a physical specimen at 6-foot-6, 250 pounds, and he's one of the top playmakers in the draft. Howard also turned in a 121-inch broad jump, which was seventh-best among tight ends, and a 30-inch vertical jump.
  • Grey's Anatomy 'Civil War' Spoilers: Meredith forced to choose between Alex & Riggs!

    Grey's Anatomy 'Civil War' Spoilers: Meredith forced to choose between Alex & Riggs!

    This week, season 13 of Gray's Anatomy will be back with episode 15, which we are particularly looking forward to discovering. Spoilers tease that while major conflicts are expected to be seen in the hospital, Meredith may at last find her dream man.
    Here's What Casey Anthony's Parents Think of Her Interview

    Here's What Casey Anthony's Parents Think of Her Interview

    WESH 2's Bob Kealing spoke with a lead detective on the case and looks into some of the questions the interview left unanswered. As People points out, Anthony has had a "tumultuous" relationship with her parents for many years.
    Who Was Eliminated On The Bachelor 2017 Last Night? Final 3 Women

    Who Was Eliminated On The Bachelor 2017 Last Night? Final 3 Women

    She explained how hard it was to leave the other children behind when she got the chance to be adopted by an American couple. Still, Nolan admits that some of what she said on the show was the problem: "It's a little rough to watch [the season]".
  • Bob Evans posts 3Q profit

    After a recent look, shares have been seen 28.90% from the 200-day moving average, and 4.70% from the 50-day moving average. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock.
    Trump could be impeached for falsely accusing Obama, says Harvard professor

    Trump could be impeached for falsely accusing Obama, says Harvard professor

    This is McCarthyism!" "Is it legal for a sitting President to be "wire tapping" a race for president prior to an election? This is Nixon/Watergate.
    Tommy Page dies aged 46

    Tommy Page dies aged 46

    Multiple media reports are confirming that singer/music industry veteran TOMMY PAGE has passed away at his home in PENNSYLVANIA. The song was written by Page, along with Jordan Knight and Danny Wood of Page's tourmates New Kids on the Block.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.