The Hershey Co (NYSE: HSY) has reported E.P.S. of $3.90 for its first fiscal quarter (ending March 31) versus $2.87 for the same period a year ago — an increase of 36%. Relative to the consensus estimate of $2.89, this was a premium of $1.01. For the latest four quarters through March 31, E.P.S. were $10.13 compared to $8.29 a year ago — an increase of 22%.
Recent Price Action
The Hershey Co (NYSE: HSY) stock closed at $197.92 on 5/3/24 after an increase of 1.0%. Moreover, this advance was accompanied by unusually high trading volume at 160% of normal. The stock has risen 5.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HSY is expected to continue to be a major Value Builder.
Hershey 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 consistent signals. Hershey has a slightly negative Appreciation Score of 31 and a poor Power Rating of 20, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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