Tomorrow Hormel Foods will publish it's past quarters results. Over the current book year the total revenue will be 9,82 billion USD (consensus estimates). This is slightly more than 2017's revenue of 9,55 billion USD.
The analysts expect for 2018 a net profit of 999 million USD. For this year the consensus of the result per share is a profit of 1,83 USD. Based on this the price/earnings-ratio is 23,61.
For this year most of the analysts expect a dividend of 0,83 cents per share. The dividend yield is then 1,92 percent. The average dividend yield of the food producers equals a limited 1 percent.
Based on the current number of outstanding shares Hormel Foods's market capitalization is 22,83 billion USD. The Hormel Foods stock was the past 12 months quite volatile. Since last February the stock is even 28 percent higher. This year the stock price moved between 32 and 46 dollar. Since 2008 the stock price is almost 427 percent higher.
On Friday the stock closed at 43,2 USD.ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
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