Q2 2018 EPS Estimates for Hormel Foods Corp Increased by Analyst (HRL)
07 Décembre, 2017, 01:01 | Auteur: Auguste Feret
Hormel Foods Corp (NYSE:HRL) Director Robert Nakasone sold 3,184 shares of the stock in a transaction on Monday, December 4th. The company had a trading volume of 3,424,300 shares, compared to its average volume of 2,410,223. Principal Financial Group Inc. boosted its position in Hormel Foods by 264.7% during the third quarter.
A number of other institutional investors have also recently added to or reduced their stakes in HRL. Zacks Investment Research upgraded Hormel Foods from a "hold" rating to a "buy" rating and set a $39.00 target price on the stock in a report on Thursday, November 23rd. Cadence Capital Management LLC increased its position in shares of Hormel Foods by 1.0% in the second quarter. Autus Asset Management LLC raised its stake in shares of Hormel Foods Corp by 68.6% in the third quarter. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of Hormel Foods by 0.4% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,766 shares of the company's stock worth $163,000 after purchasing an additional 19 shares during the period. Finally, BidaskClub upgraded Hormel Foods from a "sell" rating to a "hold" rating in a report on Wednesday, August 2nd.
Several equities research analysts have recently weighed in on the company. The Street has a 1/2/1990 target price on the shares for the next 12-18 months. The company now has a consensus rating of "Hold" and an average price target of $35.50. Credit Suisse Group dropped coverage on Hormel Foods in a report on Saturday, August 26th. The stock has an average rating of "Hold" and an average target price of $40.50.
The consensus analysts recommendation at this point stands at 2686.91 on this stock.
In other news, insider Donald H. Kremin sold 100,000 shares of the stock in a transaction that occurred on Monday, September 11th.
Obama to address mayors' meeting on climate change
Chicago Chief Sustainability Officer Chris Wheat says the idea is to "fill the void" the Trump administration has left. Chicago officials are billing the two-day North American Climate Summit Chicago as the first of its kind in the city.
In order to tell which way a stock is trending, the stock's share price should be compared to its moving average. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Steven G. Binder sold 15,000 shares of the company's stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $34.40, for a total value of $550,400.00. Following the completion of the transaction, the insider now directly owns 887 shares of the company's stock, valued at approximately $28,082.42. The disclosure for this sale can be found here. Corporate insiders own 3.54% of the company's stock.
Hormel Foods Corp (HRL) traded up 0.83% during mid-day trading on Thursday, hitting $33.91. The company has a market cap of $19,888.57, a PE ratio of 23.85, a price-to-earnings-growth ratio of 2.44 and a beta of 0.65. Hormel Foods has a 1 year low of $29.75 and a 1 year high of $38.00.
Hormel Foods (NYSE:HRL) last posted its earnings results on Tuesday, November 21st. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The company had revenue of $2.49 billion during the quarter, compared to analysts' expectations of $2.41 billion. Hormel Foods Corp had a net margin of 9.35% and a return on equity of 20.56%. The business's revenue for the quarter was down 5.1% compared to the same quarter a year ago. During the same period last year, the business posted $0.45 earnings per share. sell-side analysts predict that Hormel Foods will post 1.67 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. This represents a $0.75 annualized dividend and a yield of 2.02%. The ex-dividend date is Friday, January 12th. Louisiana State Employees Retirement System now owns 16,700 shares of the company's stock worth $570,000 after purchasing an additional 100 shares during the period. Finally, Penserra Capital Management LLC acquired a new stake in shares of Hormel Foods during the second quarter worth $189,000. Over the last quarter, insiders have sold 85,787 shares of company stock worth $2,955,553.
Au final, il est capable de réaliser des trajets urbains en mode zéro émission à des vitesses allant jusqu'à 70 km/h. La catégorie L5e correspond aux véhicules 3 roues utilisables sur tout type de route dépassant les 50 km/h.
Ce n'était même pas un secret de polichinelle, mais Alain Juppé a tout de même tenu à officialiser la chose. Il ne se contente pas de récuser toute alliance avec le Front national , il combat les idées du FN.
WCG Hotels is offering guests and those in the community a variety of ways to give back this holiday season. It may not be the North Pole, but the Toys for Tots warehouse in Harford County might as well be.
People rushed out of their homes in Rudraprayag, Chamoli, Uttarkashi and Dehradun district as the strong tremors were felt. Media reports said that the tremors were felt in many parts of North India , including Chandigarh and Dehradun.
The area is surrounded by parkland and neighborhoods, a stark contrast to the sea of asphalt the Oakland Coliseum exists in. The Athletics were looking at the 13-acre plot of land near Laney College that was close to downtown Oakland.
Blank told The MMQB that he spoke with Jones recently and that the Cowboys owner "understands the contract and how we got here". The deal was signed today, according to ProFootballTalk , although the terms of the deal have not yet been disclosed.
Former Liverpool player and coach Sammy Lee has spoken of his joy in making the jump to Merseyside rivals Everton . This is a fantastic football club and people know my history . "I think it has probably started", Osman said .
Steinhoff has said that was a tax case relating to whether revenues were booked correctly, and taxable profit correctly declared. It will also "determine whether any prior years' financial statements will need to be restated", its statement said.
KOMO reports that a getaway auto has also been located in connection with Tuesday's shooting at Graham-Kapowsin High School. The Pierce County Sheriff's Department is offering a reward for information in the case through Crime Stoppers.
Mourinho's injury update for City
Gale feels City pose too strong a threat for United to press and claims Guardiola's men could "pierce them apart". To win those games you need to give everything.
Oklahoma RB Rodney Anderson facing rape allegation
The emergency protective order was filed and issued Monday, with the woman writing "I remember feeling like I couldn't get away". Anderson's attorney, Derek Chance , released a statement in which he says his client is "shocked and disturbed" by the claims.