The Hershey Company (NYSE:HSY) is marked by several noteworthy developments. An intrinsic value calculation suggests the firm is
37% undervalued. Their institutional
ownership stands at 86%, indicating heavy influence from large investors. Furthermore, the Hershey Company reported
Quarter 1 and Quarter 2 of 2024 financial results, with analysts taking note of the consistent net sales and earnings outlook. The firm is also strengthening its social responsibility, evident from its 100% score in 2024 Disability:IN Disability Equality Index, and its commitment to elevating village savings and loan associations. Seeing Hershey's current struggles as a potential investment opportunity, investors are bullish on this stock. Additionally, Hershey paid a
2.7% yield in dividends and declared
quarterly dividends multiple times, while noting increases in automation which may lead to potential job losses. However, despite the firm's sound fundamentals, the stock seems overvalued, and there are concerns regarding Hershey using excessive debt. Overcoming cocoa inflation and keeping up with sales targets could define Hershey's future performance.
The Hershey Company HSY News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sat, 24 Aug 2024 14:30:35 GMT -
Rating 1
- Innovation -6
- Information 5
- Rumor -8
