Hershey (HSY) stock closed down slightly and underperformed S&P 500

From Nasdaq: 2024-12-26 18:15:20

Hershey (HSY) closed at $170.18, down 0.18% from the previous day. The stock underperformed the S&P 500 but outperformed the Consumer Staples sector. Analysts expect Hershey to report EPS of $2.38 and revenue of $2.86 billion in the upcoming release.

The Zacks Consensus Estimates project Hershey’s full-year earnings at $9.06 per share and revenue at $11.17 billion. Recent analyst estimate revisions indicate shifting business dynamics and short-term patterns, influencing the stock’s performance.

Hershey is currently ranked #5 (Strong Sell) on the Zacks Rank system. The stock’s Forward P/E ratio is 18.81, below the industry average of 19.58. The Food – Confectionery industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 236, in the bottom 6% of all industries.

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Read more at Nasdaq: Hershey (HSY) Declines More Than Market: Some Information for Investors