Hershey (HSY) Rises Higher Than Market: Key Facts

From Nasdaq: 2024-07-10 18:15:20

In the latest market close, Hershey (HSY) reached $185.68, with a +1.6% movement outperforming the S&P 500, Dow, and Nasdaq. Over the last month, HSY shares decreased by 4.12%, not keeping up with the Consumer Staples sector. Analysts are watching for Hershey’s upcoming earnings report on August 1, 2024, projecting an EPS of $1.45.

The Zacks Consensus Estimate for full-year revenue for Hershey is $11.44 billion, reflecting a +2.43% year-over-year change. Hershey’s current Zacks Rank of #4 (Sell) is due to a 0.07% downward shift in the Zacks Consensus EPS estimate in the past month. Investors should note HSY has a Forward P/E ratio of 19.05 and a PEG ratio of 4.09.

Hershey Company (HSY) is a part of the Food – Confectionery industry within the Consumer Staples sector. The Food – Confectionery industry’s Zacks Industry Rank is currently 229, placing it in the bottom 10% of over 250 industries. Zacks.com offers valuable insights to follow stock-moving metrics during trading sessions.

Zacks experts have named a “Single Best Pick to Double,” selecting a little-known chemical company with significant upside potential. With soaring earnings estimates and a track record of success, this stock could rival previous Zacks’ top performers. Retail investors are encouraged to explore this opportunity for potential gains.



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