Hershey closed slightly higher but underperformed market, with positive EPS and revenue forecasts.

From Nasdaq: 2024-12-20 18:00:05

Hershey (HSY) closed at $170.26, up 0.78% from the previous day, trailing behind S&P 500’s 1.09% gain. Over the last month, HSY shares fell by 3.44%, underperforming the Consumer Staples sector and S&P 500.

Analysts predict HSY’s EPS to be $2.38, a 17.82% increase from last year. Quarterly revenue is estimated to be $2.86 billion, up 7.55% YoY. Full-year estimates forecast earnings of $9.07 per share and revenue of $11.17 billion.

Hershey has a Forward P/E ratio of 18.62, lower than the industry average of 19.56. The PEG ratio is 4.04, indicating expected earnings growth. The Food – Confectionery industry ranks 236 out of 250+ industries, according to Zacks Industry Rank.

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Read more at Nasdaq: Here’s Why Hershey (HSY) Gained But Lagged the Market Today