Hormel Foods Corp
NYSE:HRL

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Hormel Foods Corp
NYSE:HRL
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Price: 31.61 USD 0.19%
Market Cap: 17.3B USD
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Wall Street
Price Targets

HRL Price Targets Summary
Hormel Foods Corp

Wall Street analysts forecast HRL stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for HRL is 32.79 USD with a low forecast of 27.27 USD and a high forecast of 38.85 USD.

Lowest
Price Target
27.27 USD
14% Downside
Average
Price Target
32.79 USD
4% Upside
Highest
Price Target
38.85 USD
23% Upside

HRL Last Price Targets
Hormel Foods Corp

The latest public price target was made on Oct 21, 2024 by Max Gumport from BNP Paribas , who expects HRL stock to drop by 11% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Max Gumport
BNP Paribas
28 USD
Downside 11%
2 months ago
Oct 21, 2024
Hormel Foods initiated with an Underperform at Exane BNP Paribas
TheFly
Peter Galbo
Bank of America Securities
30 USD
Downside 5%
3 months ago
Sep 4, 2024
Hormel Foods (HRL) PT Lowered to $30 at BofA Securities, 'weaker top-line expectations'
StreetInsider
Thomas Palmer
Coker Palmer
37 USD
Upside 17%
4 months ago
Aug 13, 2024
Hormel Foods upgraded to Buy from Neutral at Citi
TheFly
Thomas Palmer
Coker Palmer
29 USD
Downside 8%
6 months ago
May 30, 2024
JPMorgan Upgrades Hormel Foods (HRL) to Neutral
StreetInsider
Thomas Palmer
Coker Palmer
35 USD
Upside 11%
7 months ago
May 22, 2024
Hormel Foods (HRL) PT Raised to $35 at Citi
StreetInsider
Max Gumport
BNP Paribas
Price Target 28 USD
Upside/Downside 11%
View Source
Peter Galbo
Bank of America Securities
Price Target 30 USD
Upside/Downside 5%
View Source
Thomas Palmer
Coker Palmer
Price Target 37 USD
Upside/Downside 17%
View Source
Thomas Palmer
Coker Palmer
Price Target 29 USD
Upside/Downside 8%
View Source
Thomas Palmer
Coker Palmer
Price Target 35 USD
Upside/Downside 11%
View Source
Hormel Foods Corp Competitors:
Price Targets
YENHER
Yenher Holdings Bhd
64% Upside
GCB
Guan Chong Bhd
27% Upside
2229
Calbee Inc
16% Upside
BELL
Bell Food Group AG
16% Upside
CPB
Campbell Soup Co
19% Upside
TRIVENI
Triveni Engineering and Industries Ltd
3% Downside
GNC
Greencore Group PLC
6% Downside
000895
Henan Shuanghui Investment & Development Co Ltd
10% Upside

Revenue
Forecast

Revenue Estimate
Hormel Foods Corp

For the last 8 years the compound annual growth rate for Hormel Foods Corp's revenue is 3%. The projected CAGR for the next 3 years is 2%.

3%
Past Growth
2%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Hormel Foods Corp

For the last 8 years the compound annual growth rate for Hormel Foods Corp's operating income is -3%. The projected CAGR for the next 3 years is 13%.

-3%
Past Growth
13%
Estimated Growth
Estimates Accuracy
-7%
Average Miss

Net Income
Forecast

Net Income Estimate
Hormel Foods Corp

For the last 8 years the compound annual growth rate for Hormel Foods Corp's net income is -1%. The projected CAGR for the next 3 years is 10%.

-1%
Past Growth
10%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is HRL's stock price target?
Price Target
32.79 USD

According to Wall Street analysts, the average 1-year price target for HRL is 32.79 USD with a low forecast of 27.27 USD and a high forecast of 38.85 USD.

What is Hormel Foods Corp's Revenue forecast?
Projected CAGR
2%

For the last 8 years the compound annual growth rate for Hormel Foods Corp's revenue is 3%. The projected CAGR for the next 3 years is 2%.

What is Hormel Foods Corp's Operating Income forecast?
Projected CAGR
13%

For the last 8 years the compound annual growth rate for Hormel Foods Corp's operating income is -3%. The projected CAGR for the next 3 years is 13%.

What is Hormel Foods Corp's Net Income forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Hormel Foods Corp's net income is -1%. The projected CAGR for the next 3 years is 10%.

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