Hormel Foods Corp (NYSE: HRL). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Recent meaningful positive changes in fundamentals have benefitted Hormel Foods Corp (NYSE: HRL): the consensus estimate for October, 2025 increased significantly, and the consensus estimate for October, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HRL is expected to continue to be an important Value Builder.
Hormel Foods has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Hormel Foods has a poor Appreciation Score of 28 and a poor Power Rating of 24, and the Lowest Value Trend Rating results.
Recent Price Action
Hormel Foods Corp (NYSE: HRL) stock rose slightly by 0.1% on 3/28/24. The stock closed at $34.89. However, trading volume in this advance was unusually low at 66% of normal. Relative to the market the stock has been weak over the last nine months but has risen 1.1% during the last week.
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