Analysts expect over 2020 rising revenue Hormel Foods

Tomorrow the American company Hormel Foods will publish its past quarter results. For this year Hormel Foods's revenue will be around 9,75 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2018's revenue of 9,5 billion USD.

Historical revenues and results Hormel Foods plus estimates 2020

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The analysts expect for 2020 a net profit of 940 million USD. The majority of the analysts expects for this year a profit per share of 1,73 USD. Based on this the price/earnings-ratio is 27,39.

Per share the analysts anticipate on a dividend of 0,92 cents per share. Thus the dividend yield equals 1,94 percent. The average dividend yield of the food producers is an attractive 3,17 percent.

Hormel Foods's market capitalization is around 25,31 billion USD. The Hormel Foods stock was the past 12 months quite volatile. Since last May the stock is even 21 percent higher. This year the stock price moved between 37 and 52 dollar. Since 2008 the stock price is almost 371 percent higher.

Historical stock prices Hormel Foods from 2007 till 2020

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Click here for dividend Hormel Foods. At 21.20 the stock trades 0,95 percent higher at 47,39 USD. Nieuwsdienst: +31 084-0032-842

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