The Hershey Co (NYSE: HSY) has reported earnings for its third fiscal quarter (ending September 30) of $2.20 versus $2.53 for the same period a year ago — a decline of -13%. E.P.S. were $8.72 for the latest four quarters through September 30 versus $9.32 for the same period a year ago — a decline of -6%.
Recent Price Action
On 11/7/24, The Hershey Co (NYSE: HSY) stock declined by -2.2%, closing at $172.85. Moreover, this decline was accompanied by exceptionally high trading volume at 260% of normal. The stock has performed in line with the market over the last nine months and has declined -2.6% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Hershey has a slightly negative Power Rating of 36 and a slightly negative Appreciation Score of 34, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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