Hormel Foods Stock Buy Hold or Sell Recommendation
HRL Stock | USD 34.85 0.50 1.46% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Hormel Foods is 'Strong Hold'. Macroaxis provides Hormel Foods buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HRL positions. The advice algorithm takes into account all of Hormel Foods' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hormel Foods' buy or sell advice are summarized below:
Real Value 33.95 | Target Price 34.43 | Hype Value 34.95 | Market Value 34.85 | Naive Value 33.17 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hormel Foods given historical horizon and risk tolerance towards Hormel Foods. When Macroaxis issues a 'buy' or 'sell' recommendation for Hormel Foods, the advice is generated through an automated system that utilizes algorithms and statistical models.
Hormel |
Execute Hormel Foods Buy or Sell Advice
The Hormel recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hormel Foods. Macroaxis does not own or have any residual interests in Hormel Foods or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hormel Foods' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Hormel Foods Trading Alerts and Improvement Suggestions
Hormel Foods has a strong financial position based on the latest SEC filings | |
Over 89.0% of the company shares are owned by institutional investors | |
On 15th of February 2024 Hormel Foods paid $ 0.2825 per share dividend to its current shareholders | |
Latest headline from aol.com: Crunch time for Mower County Food Shelf March FoodShare donations |
Hormel Foods Returns Distribution Density
The distribution of Hormel Foods' historical returns is an attempt to chart the uncertainty of Hormel Foods' future price movements. The chart of the probability distribution of Hormel Foods daily returns describes the distribution of returns around its average expected value. We use Hormel Foods price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hormel Foods returns is essential to provide solid investment advice for Hormel Foods.
Mean Return | 0.18 | Value At Risk | -2.2 | Potential Upside | 1.86 | Standard Deviation | 2.21 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hormel Foods historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hormel Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hormel Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hormel Foods backward and forwards among themselves. Hormel Foods' institutional investor refers to the entity that pools money to purchase Hormel Foods' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Renaissance Technologies Corp | 2023-12-31 | 3.5 M | Northern Trust Corp | 2023-12-31 | 2.9 M | Stifel Financial Corp | 2023-12-31 | 2.7 M | First Trust Advisors L.p. | 2023-12-31 | 2.6 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.5 M | Gates Bill & Melinda Foundation | 2023-09-30 | 2.2 M | Legal & General Group Plc | 2023-12-31 | 2.1 M | Norges Bank | 2023-12-31 | 1.9 M | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 1.9 M | Vanguard Group Inc | 2023-12-31 | 34.8 M | Blackrock Inc | 2023-12-31 | 27.7 M |
Hormel Foods Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | (1.8M) | (145.2M) | (351.7M) | 35.7M | 32.1M | 33.7M | |
Change In Cash | 1.0B | (1.1B) | 368.6M | (245.6M) | (282.4M) | (268.3M) | |
Free Cash Flow | 760.5M | 771.7M | 857.3M | 777.6M | 894.3M | 939.0M | |
Depreciation | 205.8M | 228.4M | 262.8M | 253.3M | 291.3M | 305.9M | |
Other Non Cash Items | (11.6M) | (23.2M) | 41.8M | 70.5M | 63.5M | 66.6M | |
Dividends Paid | 487.4M | 523.1M | 557.8M | 592.9M | 681.9M | 716.0M | |
Capital Expenditures | 367.5M | 230.2M | 277.7M | 270.2M | 310.7M | 163.6M | |
Net Income | 908.4M | 909.1M | 1.0B | 792.9M | 911.9M | 477.9M | |
End Period Cash Flow | 1.7B | 613.5M | 982.1M | 736.5M | 847.0M | 889.4M | |
Investments | (2.6M) | (4.4M) | (258.0M) | (689.5M) | (620.6M) | (589.6M) | |
Change Receivables | (11.1M) | (119.5M) | (191.6M) | 28.4M | 25.5M | 26.8M | |
Change To Netincome | 42.9M | 30.2M | 244.0M | 125.7M | 144.6M | 151.8M | |
Net Borrowings | 992.4M | 2.3B | (8.7M) | (6.8M) | (7.9M) | (7.5M) |
Hormel Foods Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hormel Foods or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hormel Foods' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hormel stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | 0.67 | |
σ | Overall volatility | 2.30 | |
Ir | Information ratio | 0.02 |
Hormel Foods Volatility Alert
Hormel Foods has relatively low volatility with skewness of 4.03 and kurtosis of 28.27. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hormel Foods' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hormel Foods' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hormel Foods Implied Volatility
Hormel Foods' implied volatility exposes the market's sentiment of Hormel Foods stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hormel Foods' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hormel Foods stock will not fluctuate a lot when Hormel Foods' options are near their expiration.
Hormel Foods Fundamentals Vs Peers
Comparing Hormel Foods' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hormel Foods' direct or indirect competition across all of the common fundamentals between Hormel Foods and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hormel Foods or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hormel Foods' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hormel Foods by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Hormel Foods to competition |
Fundamentals | Hormel Foods | Peer Average |
Return On Equity | 0.1 | -0.31 |
Return On Asset | 0.0491 | -0.14 |
Profit Margin | 0.07 % | (1.27) % |
Operating Margin | 0.09 % | (5.51) % |
Current Valuation | 21.14 B | 16.62 B |
Shares Outstanding | 547.69 M | 571.82 M |
Shares Owned By Insiders | 0.21 % | 10.09 % |
Shares Owned By Institutions | 89.20 % | 39.21 % |
Number Of Shares Shorted | 9.98 M | 4.71 M |
Price To Earning | 27.15 X | 28.72 X |
Price To Book | 2.40 X | 9.51 X |
Price To Sales | 1.55 X | 11.42 X |
Revenue | 12.11 B | 9.43 B |
Gross Profit | 2 B | 27.38 B |
EBITDA | 1.37 B | 3.9 B |
Net Income | 792.92 M | 570.98 M |
Cash And Equivalents | 982.11 M | 2.7 B |
Cash Per Share | 1.59 X | 5.01 X |
Total Debt | 3.31 B | 5.32 B |
Debt To Equity | 0.45 % | 48.70 % |
Current Ratio | 2.40 X | 2.16 X |
Book Value Per Share | 14.32 X | 1.93 K |
Cash Flow From Operations | 1.05 B | 971.22 M |
Short Ratio | 2.49 X | 4.00 X |
Earnings Per Share | 1.45 X | 3.12 X |
Price To Earnings To Growth | 3.00 X | 4.89 X |
Target Price | 32.29 | |
Number Of Employees | 20 K | 18.84 K |
Beta | 0.27 | -0.15 |
Market Capitalization | 18.81 B | 19.03 B |
Total Asset | 13.45 B | 29.47 B |
Retained Earnings | 7.49 B | 9.33 B |
Working Capital | 985.47 M | 1.48 B |
Note: Acquisition by Steven White of 1587 shares of Hormel Foods subject to Rule 16b-3 [view details]
Hormel Foods Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hormel . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hormel Foods Buy or Sell Advice
When is the right time to buy or sell Hormel Foods? Buying financial instruments such as Hormel Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 3.3B | 3.3B | 3.8B | 4.0B | Total Assets | 13.3B | 13.4B | 15.5B | 16.2B |
Use Investing Ideas to Build Portfolios
In addition to having Hormel Foods in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Hormel Foods Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running Hormel Foods' price analysis, check to measure Hormel Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
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Is Hormel Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.004 | Dividend Share 1.108 | Earnings Share 1.45 | Revenue Per Share 22.203 | Quarterly Revenue Growth 0.009 |
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.