Analysts expect over 2019 rising revenue Hormel Foods

Tomorrow the American Hormel Foods will publish its past quarters figures. Over the current book year the total revenue will be 9,7 billion USD (consensus estimates). This is slightly more than 2017's revenue of 9,55 billion USD.

Historical revenues and results Hormel Foods plus estimates 2019

The analysts expect for 2019 a net profit of 979 million USD. Most of the analysts anticipate on a profit per share of 1,8 USD. Based on this the price/earnings-ratio is 22,07.

For this year most of the analysts expect a dividend of 0,84 cents per share. Hormel Foods's dividend yield thus equals 2,11 percent. The average dividend yield of the food producers equals a low 1 percent.

Based on the current number of outstanding shares Hormel Foods's market capitalization 20,99 billion USD. The Hormel Foods stock was the past 12 months quite unstable. Since last May the stock is 12 percent higher. This year the stock price moved between 34 and 46 dollar.

Historical stock prices Hormel Foods period 2007-2019

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