Tomorrow Hormel Foods will report her past quarter's results. Based on the analyst expectation both the revenue and the net profit would be on all time high levels. For this year most of the analyst expect a total sales of 9,39 billion dollars. The expectations of the revenue would mean a record revenue for the company. This is slightly more than the revenue over 2015 of 9,26 billion dollars.
For 2016 the analysts foresee a record net profit of 863 million dollars. For this year most of the analysts expect a profit per share of 1,59 dollars. Based on the analyst's expectations the price/earnings-ratio is 22,76.
The average of the dividends estimates is at 0,57 cents. The dividend return consequently equals 1,58 percent. The average dividend of the food sector equals 1,64 percent.
Based on the number of outstanding shares Hormel Foods 's market capitalization equals 19,12 billion dollars.The stock closed last Tuesday at 36,19 dollars.
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