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

  • '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.
    Inside 'The Bachelor' Nick Viall's Proposal: The Ring, Tears, Final Rose Drama

    Inside 'The Bachelor' Nick Viall's Proposal: The Ring, Tears, Final Rose Drama

    It's down to the wire and fans are excited for tonight's 3-hour special, which includes the " Women Tell All " segment. She and Viall go on a helicopter ride over the snowy fields of Finland, before playing darts at a pub with the locals.
    '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 ".
  • Microsoft launches less expensive flagship Surface Book without an Nvidia GPU

    Microsoft launches less expensive flagship Surface Book without an Nvidia GPU

    The Surface USB Hub Firmware Update (v1.0.519.0) which utilizes the power of the USB hub in the device and stability. The Intel Management Engine Interface (v11.6.0.1042) - focuses on improving system stability on startup.
    'Pokémon GO' AR Glasses: Niantic CEO Confirms Providing Support For 'Relevant Devices'

    'Pokémon GO' AR Glasses: Niantic CEO Confirms Providing Support For 'Relevant Devices'

    However, in the interview, Hanke noted that they could be extending support to some augmented reality-based devices on the market. A new Pokemon GO update is on the way as Niantic finally acknowledges a known problem with Pinap Berry Candy in the game.
    Pedestrian struck and killed in Pottstown hit-and-run

    Pedestrian struck and killed in Pottstown hit-and-run

    Purnell being struck, was present immediately afterward or has information as to the vehicle and/or driver which first struck Mr. Authorities say Purnell was hit by a dark-colored pickup truck while walking to his work shift at nearby Wendy's.
  • Stock Seesawing Amidst Rampant Activity: Northern Dynasty Minerals Ltd. (:NAK)

    Out of 1 brokerage recommendations, 0 gave a Strong Buy, 1 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.
    WCC basketball tournament 2017: Bracket, schedule, and scores

    WCC basketball tournament 2017: Bracket, schedule, and scores

    Gonzaga's run increased to 18-4 to open the half, culminating on two free throws by Zach Collins with 13:41 left in regulation. He walked to the bench on his own power but did not return. "It was a March grinder there to start", head coach Mark Few said.

    Americans, Calm Down: You Don't Need a Visa to Go to Europe

    The most popular countries for tourists from the United States were France, Germany, Italy, Spain, and the United Kingdom. This decision comes after the European Union tried to make the United States treat each of the countries equally.
  • Trevor Noah makes history, attracts record ratings on his show

    Trevor Noah makes history, attracts record ratings on his show

    During Monday night's episode ofThe Daily Show, Trevor Noah didn't pull any punches with his jokes directed towards Trump. The list of next generation leaders is made of 10 people and includes artists, athletes and entrepreneurs.
    Wii U vs Switch: How Does Zelda: Breath of the Wild Compare

    Wii U vs Switch: How Does Zelda: Breath of the Wild Compare

    Now again, Wii U and Switch use obvious cascades, making it easy to see the point any filtering kicks in as you walk forward. In terms of the overall visual assets, though, as Digital Foundry reports that the entire graphics pipeline is identical.

    Biogen Inc (BIIB) Receives Consensus Recommendation of "Buy" from Brokerages

    The stock now has a consensus rating of "Buy" and an average target price of $333.56. (NASDAQ:BIIB) opened at 277.24 on Wednesday. The company's shares were given away at $295.39 per share worth to an income of some $1,609,876 on account of PANGIA ROBERT W.

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.