From Nasdaq: 2025-02-20 07:15:00

Hershey Co. (NYSE: HSY) hit a 52-week low but bounced back 12% after beating Q4 2024 earnings estimates. High cocoa prices affecting candy stocks due to lower output from West Africa. Hershey’s hedging helps expand margins despite higher input costs. Q4 earnings strong, guidance mixed for 2025. Stock stages relief rally.

Hershey expects EPS drop for 2025 but revenue growth. CEO discusses supply chain expansion. Stock attempts V-bottom reversal pattern after earnings report. Average consensus price target is $164.15. Investors can consider cash-secured puts and covered calls. Stock has 16 Hold Ratings and 5 Sell ratings. 3.39% short interest. Hershey’s reported a 12% increase in net sales in the first quarter of 2021, reaching $2.3 billion. The company also saw a 47% growth in net income to $395.8 million, with earnings per share of $1.90. Hershey’s attributed the strong performance to increased demand for its products in both the US and international markets.



Read more at Nasdaq:: Hershey’s Sweet Comeback: Why Investors Are Taking Notice