The Hershey Company which can be found using ticker (HSY) have now 19 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 280 and 235 suggesting an average Analsyt target price of $256.89. Now with the previous closing price of $262.98 this would imply there is a potential downside of -2.3%. There is a 50 day moving average of $248.14 while the 200 day moving average is $232.61. The company has a market cap of $53,478m. Company Website: https://www.thehersheycompany.com
The potential market cap would be $52,240m based on the market consensus.
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey’s, Reese’s, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily’s, SkinnyPop, Pirates Booty, Paqui, Dot’s Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.
The company has a dividend yield of 1.58% with the ex dividend date set at 16-2-2023 (DMY).
Other points of data to note are a P/E ratio of 33.01, revenue per share of 50.69 and a 13.17% return on assets.
