Analysts expect over 2020 rising revenue Hormel Foods

Tomorrow the American company Hormel Foods will publish its past quarters results. Over the current book year the total revenue will be 9,75 billion USD (consensus estimates). This is slightly more than 2019's revenue of 9,5 billion USD.

Historical revenues and results Hormel Foods plus estimates 2020

The analysts expect for 2020 a net profit of 903 million USD. For this year the consensus of the result per share is a profit of 1,66 USD. The price/earnings-ratio is then 31,75.

For this year the analysts expect a dividend of 0,92 cents per share. The dividend yield is then 1,75 percent. The average dividend yield of the food producers equals a low 0,36 percent.

Hormel Foods's market capitalization is based on the number of outstanding shares around 28,15 billion USD. The Hormel Foods stock was the past 12 months quite volatile. Since last August the stock is even 31 percent higher. This year the stock price moved between 39 and 53 dollar.

Historical stock prices Hormel Foods

Click here for dividend Hormel Foods. On Monday the stock closed at 52,71 USD.

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