Hershey (NYSE:HSY) Releases FY 2025 Earnings Guidance

Hershey (NYSE:HSY) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.000-6.180 for the period, compared to the consensus estimate of 7.360. The company issued revenue guidance of $11.4 billion-$11.4 billion, compared to the consensus revenue estimate of $11.4 billion.

Analyst Ratings Changes

Several research firms recently commented on HSY. Stifel Nicolaus dropped their price objective on Hershey from $180.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Bank of America reaffirmed a “neutral” rating and set a $180.00 price target on shares of Hershey in a research report on Thursday, December 12th. Citigroup decreased their price objective on Hershey from $165.00 to $159.00 and set a “sell” rating for the company in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Hershey from $184.00 to $148.00 and set a “hold” rating for the company in a report on Thursday, January 23rd. Finally, TD Cowen decreased their price target on Hershey from $190.00 to $172.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th. Seven analysts have rated the stock with a sell rating and fourteen have given a hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $167.10.

Hershey Stock Up 0.8 %

Shares of NYSE:HSY opened at $145.96 on Thursday. The stock has a market capitalization of $29.53 billion, a P/E ratio of 16.82, a price-to-earnings-growth ratio of 4.30 and a beta of 0.38. The stock’s 50-day moving average price is $165.80 and its 200-day moving average price is $181.22. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.76. Hershey has a 12-month low of $140.13 and a 12-month high of $211.92.

Hershey (NYSE:HSY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.29. Hershey had a return on equity of 43.24% and a net margin of 16.17%. On average, equities analysts anticipate that Hershey will post 9.06 earnings per share for the current year.

Insiders Place Their Bets

In related news, CAO Jennifer Mccalman sold 278 shares of Hershey stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $148.00, for a total transaction of $41,144.00. Following the sale, the chief accounting officer now directly owns 2,682 shares in the company, valued at $396,936. The trade was a 9.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.29% of the company’s stock.

About Hershey

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; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels.