Buy This Now For Growth And Dividend Growth – Hormel Foods Corporation (HRL)

NAKASONE ROBERT, Director, subtracted 4,695 shares of Hormel Foods Corporation (HRL) from its portfolio at the rate of $41.00 per share valuing $192,495 on Jun 05. The insider left behind 73,762 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Hormel Foods Corporation (HRL) was $41.75. Currently, the 1st Resistance Point for this stock is $41.96, with a 2nd Resistance Point sitting at $42.18. Meanwhile, this company’s stock has a 1st Support Level at $41.52 and a 2nd Support Level at $41.29. Hormel Foods Corporation (HRL) stock has gained $0.26, or 0.63%, in the past five days. In the last full month, these shares have gained $2.17, or 5.48%. In the past three months, this stock’s price has fallen by -$1.04, or -2.43%. This year-to-date, Hormel Foods Corporation (HRL) shares have lost -$0.93, or -2.18%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Hormel Foods Corporation (HRL) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”

With 535,676 K shares outstanding, this company currently has a market capitalization of $22,257,338K. Hormel Foods Corporation (HRL) generates $9,546 M in annual sales, amounting to annual net income of $1,012 M. This stock has generated a 1-Year Total Return of 15.62%, a 3-Year Total Return of 19.70%, and a 5-year Total Return of 67.81%. This stock’s 5-Year Dividend Growth is 120.59%, with its most recent dividend valued at $0.210 per share on 04/12/19. Its Annual Dividend Yield is 2.01%, and its Annual Dividend Rate is 0.84.

In the most recently-reported fiscal quarter, which ended in Apr-19, Hormel Foods Corporation (HRL) reported earnings of $0.46 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.45 per share, representing a 0.01 difference and 2.77% surprise. In the previous quarter ending in Jan-19, the reported earnings of $0.44 represented a 0 difference from the consensus estimate calling for $0.44 per share, which was a 0.54% surprise.

For the current fiscal quarter, which is set to end in 07/2019, the average earnings estimate is $0.36 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was $0.39 and the low estimate was $0.33. In the year-ago quarter, Hormel Foods Corporation (HRL) generated per-share earnings of $0.39. If the analysts are correct about the current quarter’s earnings, the growth will be -7.69% .

Turning our focus now to insider trading activity, there have been 13 purchases (290,995 shares in total) and 15 sale (313,705 shares in total) in the last 3 months. In the last 6 months, there have been 30 insider buys amounting to 392,374 shares and 19 insider sales amounting to 395,836 shares. In the past full year, 60 insider purchases were made (involving 931,177 shares) and 50 insider sell-offs equivalent to 901,144 shares.

Moving onto liquidity, Hormel Foods Corporation (HRL) has a Current Ratio of 1.80, a Quick Ratio of 0.95 and a Cash Ratio of 0.40. Looking at this company’s capital structure, its Total Debt to Total Equity is 11.16, its Total Debt to Total Capital is 10.04, and its Total Debt to Total Assets is now 7.49. Looking even further ahead into the future, its Long-Term Debt to Equity is 11.16 and its Long-Term Debt to Total Capital is 10.04.