15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 7 firms covering Hormel Foods Corporation, 2 rate it Buy or better, 5 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $25.00 to $30.00, so the covering firms are broadly aligned. The average target of $26.71 sits 26% above the current $21.23. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.38 next quarter toward $1.55 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS7 ratings
Moderate Buy
Strong Buy00%
Buy229%
Hold571%
Sell00%
Strong Sell00%
Based on 7 analysts giving stock ratings to Hormel Foods Corporation.
As of Sep, 2 of 7 firms rate HRL a Buy (5 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
HRL EPS & revenue forecast
EPS · NEXT QUARTER
$0.38
Range $0.36 – $0.38 · 6 analysts · +10% YoY
Next period, 6 analysts expect Hormel Foods Corporation to earn $0.38 a share (range $0.36 – $0.38), versus $0.34 a year earlier. Full-year consensus is $1.49, growing to $1.55 the year after.
REVENUE · NEXT QUARTER
$3.0B
Range $3.0B – $3.1B · 6 analysts · -0% YoY
Revenue is expected to reach $3.0B (range $3.0B – $3.1B), -0.2% year-over-year. Full-year consensus is $12.2B, rising to $12.4B next year.
Top analysts covering Hormel Foods Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on HRL.
#1
Michael Lavery
Piper Sandler · Rank #94
Hold
$26.00+22.5% to target
Overall win rate
50%
+ Follow
#2
Benjamin Theurer
Barclays · Rank #96
Buy
$30.00+41.3% to target
Overall win rate
46%
+ Follow
#3
TP
Thomas Palmer
JP Morgan
Hold
$26.00+22.5% to target
Coverage
—
+ Follow
#4
PS
Pooran Sharma
Stephens & Co.
Hold
$25.00+17.8% to target
Coverage
—
+ Follow
#5
Peter Galbo
B of A Securities
Hold
$27.00+27.2% to target
Coverage
—
+ Follow
HRL stock forecast FAQ
What is HRL's average 12-month price target?+
The 7 analysts with a live target average $26.71 for Hormel Foods Corporation over the next 12 months, ranging from a $30.00 high to a $25.00 low.
Is HRL stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 7 analyst ratings, 2 are Buy or Strong Buy, 5 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for HRL?+
The Street-high target is $30.00 (Barclays), and the Street-low is $25.00 (Stephens & Co.). The average of all 7 active targets is $26.71.
How many Wall Street analysts cover HRL?+
7 analysts have an active rating on Hormel Foods Corporation, and 7 firms carry a live 12-month price target.
Who is the most accurate analyst covering HRL?+
Among analysts who currently cover HRL, Michael Lavery of Piper Sandler has the strongest overall Quantellect track record (Rank #94). Their current call is Hold with a $26.00 target.
What is Hormel Foods Corporation's projected EPS for next quarter?+
The consensus estimate is $0.38 per share (range $0.36 – $0.38) across 6 analysts. Full-year EPS is projected at $1.49, rising to $1.55 the following year.
How much revenue is Hormel Foods Corporation expected to report next quarter?+
Consensus revenue is $3.0B (range $3.0B – $3.1B). Full-year revenue is projected at $12.2B, growing to $12.4B next year.
Have analysts been upgrading or downgrading HRL lately?+
As of Sep, 2 of 7 firms rate HRL a Buy (5 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their HRL calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.