Alert: New Earnings Report (8/1/24)-The Hershey Co (NYSE: HSY).

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The Hershey Co (NYSE: HSY) has reported E.P.S. of $0.89 for its second fiscal quarter (ending June 30) versus $1.99 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $9.04 compared to $8.73 a year ago.

Recent Price Action

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The Hershey Co (NYSE: HSY) stock increased 1.1% on 8/1/24. The shares closed at $199.62. Moreover, trading volume in this advance was unusually high at 167% of normal. The stock has performed in line with the market over the last nine months and has risen 3.9% during the last week.

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). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hershey has a slightly negative Appreciation Score of 32 and a poor Power Rating of 28, with the Lowest Value Trend Rating the result.

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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