the hershey co. - HSY

HSY

Close Chg Chg %
174.95 -0.87 -0.49%

Open Market

174.09

-0.87 (0.49%)

Volume: 554.80K

Last Updated:

Nov 22, 2024, 12:33 PM EDT

Company Overview: the hershey co. - HSY

HSY Key Data

Open

$175.41

Day Range

173.77 - 176.40

52 Week Range

168.16 - 211.90

Market Cap

$35.40B

Shares Outstanding

202.35M

Public Float

147.26M

Beta

0.37

Rev. Per Employee

N/A

P/E Ratio

20.15

EPS

$8.71

Yield

303.06%

Dividend

$1.37

EX-DIVIDEND DATE

Nov 18, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.90M

 

HSY Performance

1 Week
 
1.80%
 
1 Month
 
-4.01%
 
3 Months
 
-11.37%
 
1 Year
 
-9.22%
 
5 Years
 
18.50%
 

HSY Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 28
Full Ratings ➔

About the hershey co. - HSY

The Hershey Co. engages in the manufacture and marketing of chocolate, sweets, mints and confectionery products. The firm operates through the following geographical segments: North America and International and Other. The North America is responsible for the traditional chocolate and non-chocolate confectionery market position of the company, as well as its grocery and snacks market positions, in the United States and Canada. The International and Other segment includes the combination of all other operating segments, including those geographic regions where the company operates outside of North America. Its brands include Hershey's, Reese's, and Kisses. The company was founded by Milton S. Hershey in 1894 and is headquartered in Hershey, PA.

HSY At a Glance

The Hershey Co.
19 East Chocolate Avenue
Hershey, Pennsylvania 17033-9524
Phone 1-717-534-4200 Revenue 11.16B
Industry Food: Specialty/Candy Net Income 1.86B
Sector Consumer Non-Durables 2023 Sales Growth 7.157%
Fiscal Year-end 12 / 2024 Employees 20,505
View SEC Filings

HSY Valuation

P/E Current 20.043
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 20.584
Price to Sales Ratio 3.432
Price to Book Ratio 9.296
Price to Cash Flow Ratio 16.496
Enterprise Value to EBITDA 13.788
Enterprise Value to Sales 3.855
Total Debt to Enterprise Value 0.119

HSY Efficiency

Revenue/Employee 544,500.951
Income Per Employee 90,796.733
Receivables Turnover 13.556
Total Asset Turnover 0.977

HSY Liquidity

Current Ratio 0.968
Quick Ratio 0.522
Cash Ratio 0.134

HSY Profitability

Gross Margin 45.243
Operating Margin 23.406
Pretax Margin 19.452
Net Margin 16.675
Return on Assets 16.294
Return on Equity 50.328
Return on Total Capital 20.183
Return on Invested Capital 24.653

HSY Capital Structure

Total Debt to Total Equity 125.043
Total Debt to Total Capital 55.564
Total Debt to Total Assets 43.062
Long-Term Debt to Equity 99.198
Long-Term Debt to Total Capital 44.08
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for The Hershey Co. - HSY

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
8.15B 8.97B 10.42B 11.16B
Sales Growth
+2.05% +10.08% +16.14% +7.16%
Cost of Goods Sold (COGS) incl D&A
4.45B 5.00B 5.97B 6.11B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
265.49M 282.76M 333.27M 508.59M
Depreciation
219.02M 230.64M 253.58M 419.81M
Amortization of Intangibles
46.47M 52.12M 79.69M 88.77M
COGS Growth
+1.22% +12.35% +19.23% +2.49%
Gross Income
3.70B 3.97B 4.45B 5.05B
Gross Income Growth
+3.06% +7.34% +12.24% +13.41%
Gross Profit Margin
+45.36% +44.23% +42.75% +45.24%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.89B 1.99B 2.23B 2.44B
Research & Development
37.58M 40.11M 46.94M 50.03M
Other SG&A
1.85B 1.95B 2.18B 2.39B
SGA Growth
-0.76% +5.54% +11.85% +9.38%
Other Operating Expense
- - - -
-
Unusual Expense
153.35M 38.40M 153.33M 261.78M
EBIT after Unusual Expense
1.66B 1.94B 2.07B 2.35B
Non Operating Income/Expense
(16.43M) (21.01M) (25.54M) (27.87M)
Non-Operating Interest Income
4.10M 2.43M 2.54M 9.73M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
143.88M 118.87M 129.26M 151.79M
Interest Expense Growth
+0.77% -17.38% +8.74% +17.43%
Gross Interest Expense
150.62M 128.18M 137.39M 166.35M
Interest Capitalized
6.73M 9.31M 8.13M 14.55M
Pretax Income
1.49B 1.80B 1.92B 2.17B
Pretax Income Growth
+8.27% +20.22% +6.67% +13.29%
Pretax Margin
+18.34% +20.03% +18.40% +19.45%
Income Tax
219.58M 314.40M 272.25M 310.08M
Income Tax - Current - Domestic
163.55M 222.38M 207.71M 225.56M
Income Tax - Current - Foreign
29.16M 78.65M 27.66M 68.29M
Income Tax - Deferred - Domestic
28.23M 34.98M 38.24M 18.66M
Income Tax - Deferred - Foreign
(1.35M) (21.61M) (1.35M) (2.43M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.28B 1.48B 1.64B 1.86B
Minority Interest Expense
- - (3.29M) 5.31M
-
Net Income
1.28B 1.48B 1.64B 1.86B
Net Income Growth
+11.22% +15.55% +11.32% +13.19%
Net Margin Growth
+15.69% +16.47% +15.79% +16.68%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.28B 1.48B 1.64B 1.86B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.28B 1.48B 1.64B 1.86B
EPS (Basic)
6.1345 7.1469 8.0026 9.0935
EPS (Basic) Growth
+11.76% +16.50% +11.97% +13.63%
Basic Shares Outstanding
208.45M 206.73M 205.53M 204.74M
EPS (Diluted)
6.1061 7.1117 7.9623 9.0577
EPS (Diluted) Growth
+11.91% +16.47% +11.96% +13.76%
Diluted Shares Outstanding
209.41M 207.76M 206.57M 205.55M
EBITDA
2.07B 2.26B 2.56B 3.12B
EBITDA Growth
+6.42% +8.88% +13.29% +22.02%
EBITDA Margin
+25.45% +25.17% +24.56% +27.96%

Snapshot

Average Recommendation HOLD Average Target Price 180.636
Number of Ratings 28 Current Quarters Estimate 2.383
FY Report Date 12 / 2024 Current Year's Estimate 9.078
Last Quarter’s Earnings 2.34 Median PE on CY Estimate N/A
Year Ago Earnings 9.59 Next Fiscal Year Estimate 8.245
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 20 17 23 23
Mean Estimate 2.38 2.54 9.08 8.24
High Estimates 2.48 3.21 9.55 10.04
Low Estimate 2.32 2.15 8.84 7.04
Coefficient of Variance 1.56 10.34 1.36 7.94

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 3
OVERWEIGHT 1 1 2
HOLD 19 20 19
UNDERWEIGHT 2 1 0
SELL 4 4 2
MEAN Hold Hold Hold

Insider Actions for The Hershey Co. - HSY

Date Name Shares Transaction Value
Aug 23, 2024 Michele G. Buck Chairman, President and CEO; Director 164,474 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $199.37 per share 32,791,181.38
Aug 23, 2024 Michele G. Buck Chairman, President and CEO; Director 32,868 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 23, 2024 Michele G. Buck Chairman, President and CEO; Director 167,106 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $105.91 per share 17,698,196.46
Jul 25, 2024 Steven E. Voskuil SVP, Chief Financial Officer 34,228 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $190.83 per share 6,531,729.24
Jul 3, 2024 Juan R. Perez Director 5,548 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Mary Kay Haben Director 15,152 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Robert M. Malcolm Director 14,219 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Victor L. Crawford Director 4,102 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Anthony J. Palmer Director 16,531 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Kevin M. Ozan Director 367 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 M. Diane Koken Director 9,352 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Maria Kraus Director 1,164 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Cordel Robbin-Coker Director 367 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 18, 2024 Pamela M. Arway Director 15,888 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 24, 2024 Estate Of Robert M Dutkowsky Director 395 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 22, 2024 Charles R. Raup President, U.S. Confection 24,310 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $207 per share 5,032,170.00
Apr 4, 2024 James Clayton Katzman Director 11,033 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 4, 2024 Robert M. Dutkowsky Director 3,363 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Rohit Grover President, International 27,299 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $183.88 per share 5,019,740.12
Mar 6, 2024 Rohit Grover President, International 27,199 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $184.54 per share 5,019,303.46

The Hershey Co. in the News