The Hershey Company (HSY) has seen mixed assessments in terms of valuation and earning potential. Some reports suggest the company is undervalued up to
37%, while others argue they're significantly overvalued. Owned primarily by
institutional players, with ownership up to
86%, HSY has been endorsed as a
lucrative investment. However, some analysts provide a
sell recommendation. There is a reported increment in the company's
stock holdings by entities like
Brookstone Capital Management and Burke & Herbert Bank & Trust Co, while other firms have cut down their stakes, such as
Baker Tilly Wealth Management and Securian Asset Management. The company has seen a rise in
short interest by
18.3%. HSY's updates include strong
2024 net sales and earning outlooks and quarterly
dividend payouts. The strong backing by institutions, combined with the profit and sales outlook for 2024, makes HSY an attractive choice for some investors.
The Hershey Company HSY News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 18 Aug 2024 14:02:29 GMT -
Rating 3
- Innovation -5
- Information 8
- Rumor -2
