Finding Growth in Boring Hormel

Hormel Foods Corp (HRL)
Consumer Goods | Food & Beverage
37.23  -0.03%
Hormel Foods Corp (HRL)
Consumer Goods | Food & Beverage
37.23  -0.03%

Would it surprise you to learn that the manufacturer of Spam has seen its stock soar more than 1,000% over the last 20 years? Seeking Alpha contributor Ian Bezek makes the point that boring can be a good thing.

Hormel’s recent performance is nothing to write home about, down nearly 19% from its 2016 peak. According to Bezek, Hormel has been hit by transitory issues in its turkey business, and suggests investors look beyond:

However, record-breaking plunges in turkey prices don’t happen very often – this was an anomaly. Even taking that into account, Hormel still performed better than most of its packaged foods peers – you can find plenty out there who aren’t delivering record cash flows or strengthening their balance sheets this year.

Hormel ranks well on Moat and Financial Strength factors. tickrzbot assigns Hormel a C Rank on our tickrz MFM methodology, a multi-factor model that combines valuation, moat, financial strength, and stock price momentum.

HORMEL FOODS CORP FACTOR RANKINGS
TICKRZ MFM RANK B / 176PURE VALUE RANKC / 243
DIVIDEND RANKB / 195MOAT RANKA / 115
FINANCIAL STRENGTH RANKA / 40GROWTH RANKN/A
MOMENTUM RANKD / 373
FACTOR RANKINGS
TICKRZ MFM RANK B / 176
PURE VALUE RANKC / 243
DIVIDEND RANKB / 195
MOAT RANKA / 115
FINANCIAL STRENGTH RANKA / 40
GROWTH RANKN/A
MOMENTUM RANKD / 373

Latest HRL news:

Hormel Foods Earns Relative Strength Rating Upgrade
Hormel Foods shows improving price performance, earning an upgrade to its IBD Relative Strength Rating
December 05, 08:00:00 UTC

See what the IHS Markit Score report has to say about Hormel Foods Corp.
Hormel Foods Corp NYSE:HRL
December 04, 13:03:13 UTC

Coca-Cola Fights Lower Sales With Cost-Savings, Innovations
Increasing revenues have been a big challenge for The Coca Cola Company KO for the last few quarters amid lower demand for carbonated soft drinks or CSD The beverage giant is leaving no stone unturned to boost revenues The company is working on strategic initiatives in order to make
November 30, 16:28:26 UTC

Factors of Influence in 2018, Key Indicators and Opportunity within Yelp, Hormel Foods, Lowe's Companies, Enbridge Energy, FuelCell Energy, and Synaptics with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
NEW YORK, Nov. 30, 2017-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Yelp ...
November 30, 13:10:00 UTC

See what the IHS Markit Score report has to say about Hormel Foods Corp.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
November 30, 13:04:20 UTC

Disclaimer
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided on tickrz.com is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. The author of this article may own the securities mentioned in this article directly or indirectly via ETFs and/or other financial products or may initiate positions within the next 72 hours. The author does not have any business relationships with any of the companies mentioned in this article. Please see our Privacy Policy and Terms of Use.

Be the first to comment

Leave a Reply

Your email address will not be published.


*