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Consumer Defensive - Packaged Foods - NYSE - US
$ 29.21
-3.95 %
$ 16 B
Market Cap
20.43
P/E
1. INTRINSIC VALUE

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products.[ Read More ]

The intrinsic value of one HRL stock under the base case scenario is HIDDEN Compared to the current market price of 29.2 USD, Hormel Foods Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HRL

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FINANCIALS
12.1 B REVENUE
-2.80%
1.07 B OPERATING INCOME
-18.33%
793 M NET INCOME
-20.73%
1.05 B OPERATING CASH FLOW
-7.68%
-690 M INVESTING CASH FLOW
-167.23%
-600 M FINANCING CASH FLOW
-23.30%
2.9 B REVENUE
0.38%
237 M OPERATING INCOME
-4.64%
177 M NET INCOME
-6.64%
218 M OPERATING CASH FLOW
-7.69%
-64.2 M INVESTING CASH FLOW
-10.03%
-1.1 B FINANCING CASH FLOW
-316.16%
Balance Sheet Decomposition Hormel Foods Corporation
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Current Assets 3.3 B
Cash & Short-Term Investments 753 M
Receivables 825 M
Other Current Assets 1.72 B
Non-Current Assets 10.2 B
Long-Term Investments 725 M
PP&E 2.3 B
Other Non-Current Assets 7.13 B
Current Liabilities 2.31 B
Accounts Payable 771 M
Short-Term Debt 942 M
Other Current Liabilities 598 M
Non-Current Liabilities 3.4 B
Long-Term Debt 2.47 B
Other Non-Current Liabilities 930 M
EFFICIENCY
Earnings Waterfall Hormel Foods Corporation
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Revenue 12.1 B
Cost Of Revenue 10.1 B
Gross Profit 2 B
Operating Expenses 928 M
Operating Income 1.07 B
Other Expenses 279 M
Net Income 793 M
RATIOS
16.51% GROSS MARGIN
16.51%
8.85% OPERATING MARGIN
8.85%
6.55% NET MARGIN
6.55%
10.26% ROE
10.26%
5.90% ROA
5.90%
7.62% ROIC
7.62%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Hormel Foods Corporation
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Net Income 793 M
Depreciation & Amortization 253 M
Capital Expenditures -270 M
Stock-Based Compensation 24.1 M
Change in Working Capital -125 M
Others 1.55 M
Free Cash Flow 778 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Hormel Foods Corporation
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Wall Street analysts predict an average 1-year price target for HRL of $31.8 , with forecasts ranging from a low of $28 to a high of $37 .
HRL Lowest Price Target Wall Street Target
28 USD -4.14%
HRL Average Price Target Wall Street Target
31.8 USD 8.87%
HRL Highest Price Target Wall Street Target
37 USD 26.67%
4. DIVIDEND ANALYSIS
0.89% DIVIDEND YIELD
0.282 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Hormel Foods Corporation
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Sold
0-3 MONTHS
2.29 M USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
2.06 M USD 4
9-12 MONTHS
886 K USD 4
Bought
0 USD 0
0-3 MONTHS
25 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Aug 15, 2023
Bought 4.39 K USD
Kuehneman Paul R
VICE PRESIDENT AND CONTROLLER
+ 108
40.66 USD
1 month ago
Sep 27, 2024
Sell 313 K USD
LYKKEN STEVEN J
GROUP VICE PRESIDENT
- 9800
31.907 USD
1 month ago
Sep 18, 2024
Sell 327 K USD
Myers Kevin L
SENIOR VICE PRESIDENT
- 10000
32.7 USD
2 months ago
Sep 13, 2024
Sell 1.65 M USD
Brady Deanna T
EXECUTIVE VICE PRESIDENT
- 51600
31.955 USD
4 months ago
Jun 27, 2024
Bought 25 K USD
Losness-Larson Katherine M
SENIOR VICE PRESIDENT
+ 830
30.12 USD
7 months ago
Apr 02, 2024
Sell 151 K USD
Murano Elsa A
Director
- 4300
35.132 USD
7 months ago
Apr 02, 2024
Sell 490 K USD
Ourada Mark J
GROUP VICE PRESIDENT
- 13800
35.5 USD
7 months ago
Mar 28, 2024
Sell 350 K USD
Myers Kevin L
SENIOR VICE PRESIDENT
- 10000
34.95 USD
7 months ago
Mar 28, 2024
Sell 539 K USD
Coffey Mark A
GROUP VICE PRESIDENT
- 15400
35.0036 USD
8 months ago
Mar 08, 2024
Sell 526 K USD
Coffey Mark A
GROUP VICE PRESIDENT
- 15400
34.1798 USD
10 months ago
Dec 27, 2023
Sell 258 K USD
NESTEGARD SUSAN K
Director
- 8105
31.78 USD
10 months ago
Dec 21, 2023
Sell 185 K USD
Myers Kevin L
SENIOR VICE PRESIDENT
- 5892
31.4701 USD
10 months ago
Dec 19, 2023
Sell 158 K USD
Brady Deanna T
EXECUTIVE VICE PRESIDENT
- 5024
31.4827 USD
11 months ago
Dec 13, 2023
Sell 285 K USD
Murano Elsa A
Director
- 9000
31.7 USD
1 year ago
Oct 13, 2023
Sell 161 K USD
Myers Kevin L
SENIOR VICE PRESIDENT
- 5200
30.9336 USD
1 year ago
Sep 06, 2023
Bought 54.2 K USD
Lilly Pierre M
SVP & CHIEF COMPLIANCE OFFICER
+ 1453.772
37.25 USD
1 year ago
Jun 13, 2023
Sell 377 K USD
Ourada Mark J
GROUP VICE PRESIDENT
- 9200
41 USD
1 year ago
Jun 08, 2023
Sell 211 K USD
Myers Kevin L
SENIOR VICE PRESIDENT
- 5200
40.513 USD
1 year ago
Jun 08, 2023
Sell 1.27 M USD
Coffey Mark A
GROUP VICE PRESIDENT
- 31400
40.5 USD
1 year ago
Apr 03, 2023
Sell 243 K USD
Murano Elsa A
Director
- 6000
40.5 USD
1 year ago
Mar 27, 2023
Sell 203 K USD
Prado Becerra Jose Luis
Director
- 5200
39.0139 USD
1 year ago
Dec 14, 2022
Sell 73.9 K USD
Connor Patrick J
director: GROUP VICE PRESIDENT
- 1577
46.8801 USD
1 year ago
Dec 08, 2022
Sell 1.49 M USD
Snee James P
director: CHAIRMAN, PRESIDENT AND CEO
- 31283
47.657 USD
2 years ago
Sep 09, 2022
Sell 236 K USD
Myers Kevin L
SENIOR VICE PRESIDENT
- 5000
47.2 USD
2 years ago
Jun 23, 2022
Sell 97.6 K USD
Policinski Christopher J.
director:
- 2110
46.2715 USD
2 years ago
Jun 07, 2022
Sell 225 K USD
Myers Kevin L
director: SENIOR VICE PRESIDENT
- 5000
45.0667 USD
2 years ago
May 02, 2022
Sell 49.7 K USD
Neufeldt Swen
director: GROUP VICE PRESIDENT
- 959.552
51.82 USD
2 years ago
Mar 31, 2022
Sell 258 K USD
Murano Elsa A
director:
- 5000
51.565 USD
2 years ago
Mar 23, 2022
Sell 803 K USD
LYKKEN STEVEN J
director: GROUP VICE PRESIDENT
- 16000
50.1752 USD
2 years ago
Mar 04, 2022
Sell 780 K USD
Marconi Luis G
Group Vice President
- 15000
52.0215 USD
2 years ago
Mar 04, 2022
Sell 369 K USD
NESTEGARD SUSAN K
director:
- 7183
51.4314 USD
2 years ago
Mar 04, 2022
Sell 626 K USD
Coffey Mark A
Group Vice President
- 12500
50.07 USD
2 years ago
Mar 04, 2022
Sell 755 K USD
Neufeldt Swen
Group Vice President
- 14686
51.4415 USD
2 years ago
Mar 04, 2022
Sell 1.18 M USD
Connor Patrick J
Group Vice President
- 22800
51.6346 USD
2 years ago
Dec 17, 2021
Sell 693 K USD
HAYNES JANA L
Vice President and Controller
- 14100
49.14 USD
3 years ago
Jul 01, 2021
Sell 58.1 K USD
LYKKEN STEVEN J
Group Vice President
- 1220
47.6103 USD
3 years ago
Jul 01, 2021
Sell 1.02 M USD
LYKKEN STEVEN J
Group Vice President
- 21380
47.6107 USD
3 years ago
Jun 11, 2021
Sell 799 K USD
NESTEGARD SUSAN K
Director
- 16470
48.5147 USD
3 years ago
Jun 03, 2021
Sell 307 K USD
Neufeldt Swen
Group Vice President
- 6200
49.5013 USD
3 years ago
Jun 02, 2021
Sell 392 K USD
Jamison Gary
Vice President and Treasurer
- 8000
49 USD
3 years ago
May 28, 2021
Sell 1.93 M USD
SHEEHAN JAMES N
Executive V.P. & CFO
- 39600
48.8013 USD
3 years ago
May 28, 2021
Sell 328 K USD
Marconi Luis G
Group Vice President
- 6725
48.74 USD
3 years ago
May 28, 2021
Sell 613 K USD
Coffey Mark A
Senior Vice President
- 12500
49.007 USD
3 years ago
May 27, 2021
Sell 1.21 M USD
Coffey Mark A
Senior Vice President
- 25000
48.4916 USD
3 years ago
Apr 06, 2021
Sell 288 K USD
Murano Elsa A
Director
- 6000
48.0601 USD
3 years ago
Mar 16, 2021
Sell 154 K USD
Jamison Gary
Vice President and Treasurer
- 3194.866
48.23 USD
3 years ago
Mar 16, 2021
Sell 149 K USD
Jamison Gary
Vice President and Treasurer
- 3082.801
48.23 USD
3 years ago
Mar 05, 2021
Sell 4.14 M USD
Leitch Glenn R
Executive Vice President
- 87000
47.6327 USD
3 years ago
Mar 02, 2021
Bought 11.2 K USD
Marco Lori J
Senior VP & General Counsel
+ 239.015
46.84 USD
3 years ago
Feb 26, 2021
Sell 1.52 M USD
SHEEHAN JAMES N
Executive V.P. & CFO
- 32400
46.9429 USD
3 years ago
Feb 25, 2021
Sell 6.61 M USD
Leitch Glenn R
Executive Vice President
- 140000
47.2231 USD
3 years ago
Dec 02, 2020
Bought 231 K USD
LYKKEN STEVEN J
Senior Vice President
+ 4908.517
46.97 USD
3 years ago
Dec 02, 2020
Bought 92.3 K USD
LYKKEN STEVEN J
Senior Vice President
+ 1964.284
46.97 USD
4 years ago
Nov 09, 2020
Bought 9.57 K USD
Neufeldt Swen
Group Vice President
+ 193.328
49.49 USD
4 years ago
Oct 05, 2020
Sell 260 K USD
Neufeldt Swen
Group Vice President
- 5271
49.2993 USD
4 years ago
Aug 25, 2020
Sell 422 K USD
Marconi Luis G
Group Vice President
- 8275
51 USD
4 years ago
Sep 09, 2020
Sell 2.68 M USD
Brady Deanna T
Executive Vice President
- 52600
50.8557 USD
4 years ago
Sep 04, 2020
Sell 11.4 K USD
Connor Patrick J
Group Vice President
- 222.527
51.1147 USD
4 years ago
Sep 03, 2020
Sell 620 K USD
CREWS TERRELL K
Director
- 11950
51.8645 USD
4 years ago
Sep 02, 2020
Sell 1.15 M USD
Marco Lori J
Senior VP & General Counsel
- 22386
51.4 USD
4 years ago
Sep 03, 2020
Sell 2.14 M USD
Marco Lori J
Senior VP & General Counsel
- 41714
51.4079 USD
4 years ago
Sep 01, 2020
Sell 353 K USD
Jamison Gary
Vice President and Treasurer
- 6966.69
50.69 USD
4 years ago
Jun 22, 2020
Sell 2.51 M USD
Leitch Glenn R
Executive Vice President
- 51796
48.459 USD
4 years ago
Jun 19, 2020
Sell 259 K USD
Murano Elsa A
Director
- 5300
48.8094 USD
4 years ago
Jun 10, 2020
Sell 166 K USD
NESTEGARD SUSAN K
Director
- 3445
48.2117 USD
4 years ago
Jun 08, 2020
Sell 1.9 M USD
SPLINTER JAMES M
Group Vice President
- 40000
47.5321 USD
4 years ago
Jun 08, 2020
Sell 3.72 M USD
Marco Lori J
Senior VP & General Counsel
- 77400
48.0997 USD
4 years ago
Jun 08, 2020
Sell 1.53 M USD
Marco Lori J
Senior VP & General Counsel
- 31700
48.1102 USD
4 years ago
Apr 08, 2020
Sell 493 K USD
Marco Lori J
Senior VP & General Counsel
- 10373
47.5 USD
4 years ago
Apr 08, 2020
Sell 503 K USD
LYKKEN STEVEN J
Senior Vice President
- 10557
47.6428 USD
4 years ago
Apr 06, 2020
Sell 896 K USD
HAYNES JANA L
Vice President and Controller
- 18550
48.2855 USD
4 years ago
Apr 03, 2020
Sell 669 K USD
DAY THOMAS R
Executive Vice President
- 13787
48.5 USD
4 years ago
Apr 03, 2020
Sell 980 K USD
SPLINTER JAMES M
Group Vice President
- 20000
49.0004 USD
7. News
1 Dividend Growth Stock Down 45% to Buy Right Now 1 Dividend Growth Stock Down 45% to Buy Right Now fool.com - 21 hours ago
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sustainable companies offer dividends exceeding their share prices, signalling potential buy opportunities for investors. Analysts estimate net gains of 17.47% to 69.69% for the top ten sustainable companies by November 2025, based on target prices and dividends. seekingalpha.com - 2 days ago
Hormel Foods Announces 2024 Class of Hormel Heroes Scholarship Recipients Two students with military backgrounds awarded $10,000 scholarships to pursue careers in culinary arts, foodservice management AUSTIN, Minn. , Nov. 11, 2024 /PRNewswire/ -- Hormel Foods Corporation, a Fortune 500 global branded food company, is today announcing the recipients of this year's $10,000 Hormel Heroes Scholarships. prnewswire.com - 5 days ago
Hormel Foods Corporation to Hold Fourth Quarter Earnings Conference Call AUSTIN, Minn. , Nov. 8, 2024  /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; John Ghingo, executive vice president, Retail; and Nathan Annis vice president, corporate development; to discuss the Company's fourth quarter financial results, full-year financial results, and transform and modernize initiative. prnewswire.com - 1 week ago
Hormel Foods Named a Best for Vets Employer for 12th Year in a Row AUSTIN, Minn. , Nov. 7, 2024 /PRNewswire/ -- Hormel Foods Corporation, a Fortune 500 global branded food company, today announced it has been named on Military Times' 2024 Best for Vets employer list for the 12th consecutive year. prnewswire.com - 1 week ago
Why the Worst-Performing S&P 500 Dividend Stocks Could Explode Higher in 2025 24/7 Wall St. Insights The market is pricing in two 25-basis-point rate cuts for the rest of 2024. 247wallst.com - 1 week ago
4 Safe Dividend Kings Will Deliver Big Passive Income Regardless of the Election Results 24/7 Wall St. Insights This election could be one of the closest in our history. 247wallst.com - 2 weeks ago
My Best Dividend Aristocrats For November 2024 The ProShares S&P 500 Dividend Aristocrats ETF went on a great run during Q3, gaining 11.6% during the quarter. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 39 months of tracking these strategies, all 3 strategies are generating a CAGR superior to NOBL while also offering a higher dividend yield. seekingalpha.com - 2 weeks ago
Hormel Foods Recognized for Having One of the Nation's Top Internship Programs AUSTIN, Minn. , Oct. 24, 2024 /PRNewswire/ -- Hormel Foods Corporation, a Fortune 500 global branded food company, announced today that it was once again recognized by Vault as having one of the top 150 internship programs in the country. prnewswire.com - 3 weeks ago
The Smartest Dividend Stocks to Buy With $1,000 Right Now If you are looking for dividend deals, these three reliable passive income stocks have you covered if you can think like a contrarian. fool.com - 3 weeks ago
Makers of the JENNIE-O® Brand to open 1-800-TURKEYS Nov. 1 for the 17th Consecutive Year Consumers can call, live chat on jennieo.com/hotline/ or text "TURKEY" to 73876 for advice on all thing's turkey WILLMAR, Minn. , Oct. 17, 2024 /PRNewswire/ -- The makers of the JENNIE-O turkey brand, a category leader and one of the top turkey brands in the United States, announced today that the 1-800-TURKEYS hotline will be live for a 17th consecutive year, starting Nov. 1, for consumers seeking support with their holiday meal planning through to day-of preparations. prnewswire.com - 1 month ago
Buy 7 Sustainable Dividend Dogs From Barron's October 100 Barron's seventh-annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: shareholders, employees, customers, community, and the planet. Home-products company Clorox sits atop for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. Per 10/10/24 data from YCharts, the top 10 of 78 dividend-paying sustainable companies ranged from 3.87%-14.6% by annual yield and ranged from 20.3%-71.56% by broker-estimated target-price upsides. seekingalpha.com - 1 month ago
8. Profile Summary

Hormel Foods Corporation HRL

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COUNTRY US
INDUSTRY Packaged Foods
MARKET CAP $ 16 B
Dividend Yield 0.89%
Description Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Contact 1 Hormel Place, Austin, MN, 55912-3680 https://www.hormelfoods.com
IPO Date March 17, 1980
Employees 20000
Officers Mr. Nathan P. Annis Vice President of Corporate Development Mr. James P. Snee Chairman, President & Chief Executive Officer Mr. Pierre M. Lilly Senior Vice President & Chief Compliance Officer Mr. Kevin L. Myers Ph.D. Senior Vice President of Research & Development and Quality Control Ms. Colleen R. Batcheler Senior Vice President of External Affairs & General Counsel Ms. Katie Clark Senior Vice President & Chief Communications Officer Ms. Katherine M. Losness Larson Senior Vice President of Human Resources Mr. D. Scott Aakre Group Vice President & Chief Marketing Officer of Hormel Foods Retail Business Mr. Swen Neufeldt Group Vice President & President of Hormel Foods International Ms. Lisa Selk Senior Vice President of Brand Fuel