The stock of Hormel Foods Corp (NYSE:HRL) last traded at $30.51, down -3.27% from the previous session.
HRL stock price is now 0.91% away from the 50-day moving average and 0.14% away from the 200-day moving average. The market capitalization of the company currently stands at $16.78B.
With the price target of $35, Goldman recently initiated with Buy rating for Hormel Foods Corp (NYSE: HRL). On May 27, 2025, BNP Paribas Exane Upgraded its previous ‘Underperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $30, while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, Murano Elsa A, Director sold 4,500 shares of the company’s stock on Mar 27 ’25. The stock was sold for $136,800 at an average price of $30.40. Upon completion of the transaction, the Director now directly owns 95,488 shares in the company, valued at $2.91 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 27 ’25, Director Murano Elsa A bought 4,500 shares of the business’s stock. A total of $136,800 was incurred on buying the stock at an average price of $30.40. A total of 47.26% of the company’s stock is owned by insiders.
During the past 12 months, Hormel Foods Corp has had a low of $27.59 and a high of $33.80. As of last week, the company has a debt-to-equity ratio of 0.36, a current ratio of 2.47, and a quick ratio of 1.17. According to the stock market information, the enterprise value for the company is $18802880512, which is based on a 22.44 price-to-earnings ratio, a 2.59 price-to-earnings-growth ratio, and a beta of 0.31. The fifty day moving average price for HRL is $30.2352 and a two-hundred day moving average price translates $30.4676 for the stock.
The latest earnings results from Hormel Foods Corp (NYSE: HRL) was released for 2025-04-27. The net profit margin was 6.27% and return on equity was 9.39% for HRL. The company reported revenue of $2.9 billion for the quarter, compared to $2.89 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.4 percent.