Hormel Foods (HRL) stock Forecast for 2022 – 2026

Hormel Foods (HRL) stock Forecast for 2022 – 2026

Last update: 05-23-2022, 9:12

Sector: Consumer defensive

The share price of Hormel Foods Corp. (HRL) now

What analysts predict:: $47

52-week high/low: $55.11 / $39.84

50/200 Day Moving Average: $51.83 / $46.89

This figure corresponds to the average price over the previous 50/200 days. For Hormel Foods stocks, the 50-day moving average is the resistance level today.

For Hormel Foods stocks, the 200-day moving average is the support level today.

Are you interested in Hormel Foods Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Hormel Foods stock price in 2022, 2023, 2024, 2025, 2026. How much will one Hormel Foods share be worth in 2022 - 2026?

When should I take profit in Hormel Foods stock? When should I record a loss on Hormel Foods stock? What are analysts' forecasts for Hormel Foods stock? What is the future of Hormel Foods stock?

We forecast Hormel Foods stock performance using neural networks based on historical data on Hormel Foods stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Hormel Foods stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2022, 2023, 2024, 2025 and 2026)

The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Hormel Foods shares. This happens once a day.




Historical and forecast chart of Hormel Foods stock

The chart below shows the historical price of Hormel Foods stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Hormel Foods stock price can be found in the table below.

Long-term forecasts by years.

Hormel Foods daily forecast for a month

Date Target Pes. Opt. Vol., %
May 25 48.17 47.85 48.49 1.35
May 26 48.11 47.85 48.40 1.16
May 27 47.61 47.19 47.78 1.25
May 28 47.62 47.25 48.07 1.74
May 29 47.44 47.00 47.70 1.48
May 30 47.46 47.06 47.78 1.52
May 31 47.22 46.97 47.61 1.35
Jun 01 47.49 47.31 47.93 1.30
Jun 02 47.58 47.14 48.00 1.82
Jun 03 47.45 47.31 47.82 1.08
Jun 04 47.48 47.14 47.67 1.14
Jun 05 48.00 47.82 48.24 0.87
Jun 06 47.90 47.72 48.36 1.36
Jun 07 48.01 47.72 48.44 1.50
Jun 08 47.91 47.76 48.18 0.87
Jun 09 47.90 47.69 48.33 1.34
Jun 10 47.59 47.29 48.08 1.67
Jun 11 47.76 47.40 47.89 1.04
Jun 12 47.33 47.06 47.75 1.46
Jun 13 46.78 46.50 47.10 1.28
Jun 14 46.92 46.60 47.17 1.23
Jun 15 46.88 46.65 47.35 1.50
Jun 16 47.24 46.81 47.59 1.68
Jun 17 46.99 46.72 47.48 1.62
Jun 18 46.83 46.63 47.03 0.85
Jun 19 46.82 46.51 47.27 1.65
Jun 20 46.72 46.57 47.02 0.97
Jun 21 46.97 46.69 47.40 1.53
Jun 22 47.25 46.79 47.72 1.98
Jun 23 47.03 46.67 47.34 1.44

Hormel Foods Daily Price Targets


Hormel Foods Stock Forecast 05-25-2022.

Forecast target price for 05-25-2022: $48.17. Negative dynamics for Hormel Foods shares will prevail with possible volatility of 1.330%.

Pessimistic target level: 47.85

Optimistic target level: 48.49


Hormel Foods Stock Forecast 05-26-2022.

Forecast target price for 05-26-2022: $48.11. Negative dynamics for Hormel Foods shares will prevail with possible volatility of 1.150%.

Pessimistic target level: 47.85

Optimistic target level: 48.40


Hormel Foods Stock Forecast 05-27-2022.

Forecast target price for 05-27-2022: $47.61. Negative dynamics for Hormel Foods shares will prevail with possible volatility of 1.231%.

Pessimistic target level: 47.19

Optimistic target level: 47.78


Hormel Foods Stock Forecast 05-28-2022.

Forecast target price for 05-28-2022: $47.62. Positive dynamics for Hormel Foods shares will prevail with possible volatility of 1.713%.

Pessimistic target level: 47.25

Optimistic target level: 48.07


Hormel Foods Stock Forecast 05-29-2022.

Forecast target price for 05-29-2022: $47.44. Negative dynamics for Hormel Foods shares will prevail with possible volatility of 1.461%.

Pessimistic target level: 47.00

Optimistic target level: 47.70


Hormel Foods Stock Forecast 05-30-2022.

Forecast target price for 05-30-2022: $47.46. Positive dynamics for Hormel Foods shares will prevail with possible volatility of 1.498%.

Pessimistic target level: 47.06

Optimistic target level: 47.78


HRL (HRL) Monthly Stock Prediction for 2022

Month Target Pes. Opt. Vol., %
Jun. 48.33 47.05 50.10 6.08
Jul. 48.94 47.97 50.70 5.39
Aug. 47.76 45.73 48.74 6.17
Sep. 46.64 44.68 48.35 7.58
Oct. 47.29 46.24 47.88 3.44
Nov. 49.67 48.09 50.65 5.06
Dec. 49.49 48.27 50.50 4.41

Hormel Foods forecast for this year


Hormel Foods Stock Prediction for Jun 2022

An uptrend is forecast for this month with an optimal target price of $48.3263. Pessimistic: $47.05. Optimistic: $50.10


Hormel Foods Stock Prediction for Jul 2022

An uptrend is forecast for this month with an optimal target price of $48.9353. Pessimistic: $47.97. Optimistic: $50.70


Hormel Foods Stock Prediction for Aug 2022

An downtrend is forecast for this month with an optimal target price of $47.7608. Pessimistic: $45.73. Optimistic: $48.74


Hormel Foods Stock Prediction for Sep 2022

An downtrend is forecast for this month with an optimal target price of $46.6432. Pessimistic: $44.68. Optimistic: $48.35


Hormel Foods Stock Prediction for Oct 2022

An uptrend is forecast for this month with an optimal target price of $47.2869. Pessimistic: $46.24. Optimistic: $47.88


Hormel Foods Stock Prediction for Nov 2022

An uptrend is forecast for this month with an optimal target price of $49.6701. Pessimistic: $48.09. Optimistic: $50.65


Hormel Foods Stock Prediction for Dec 2022

An downtrend is forecast for this month with an optimal target price of $49.4913. Pessimistic: $48.27. Optimistic: $50.50




Hormel Foods (HRL) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Jan 49.11 47.43 50.49 6.07
Feb 47.81 46.72 48.47 3.61
Mar 45.03 43.19 45.70 5.50
Apr 45.38 44.45 47.09 5.61
May 46.55 44.54 48.00 7.21
Jun 47.81 46.14 49.64 7.05
Jul 47.89 47.17 49.79 5.25
Aug 48.38 46.43 49.95 7.03
Sep 48.79 47.56 50.34 5.52
Oct 49.14 47.31 49.85 5.09
Nov 51.29 50.52 53.57 5.69
Dec 50.52 48.28 51.67 6.57

Hormel Foods (HRL) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 50.70 49.33 52.04 5.20
Feb 50.06 47.84 51.35 6.84
Mar 50.63 49.78 51.55 3.42
Apr 50.69 50.09 52.06 3.80
May 50.91 49.56 51.82 4.36
Jun 53.81 51.94 54.78 5.19
Jul 52.23 51.51 53.83 4.31
Aug 52.60 50.36 53.96 6.67
Sep 50.08 47.67 51.61 7.63
Oct 51.37 50.45 53.68 6.03
Nov 48.41 46.93 50.68 7.39
Dec 48.67 47.13 49.78 5.34



Hormel Foods (HRL) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 50.83 49.03 51.66 5.08
Feb 50.65 49.71 53.08 6.35
Mar 51.05 49.58 52.76 6.04
Apr 51.54 50.86 52.62 3.35
May 51.57 50.42 52.22 3.44
Jun 53.67 52.32 55.96 6.50
Jul 55.60 54.07 57.40 5.81
Aug 57.50 54.74 60.16 9.00
Sep 54.68 53.49 56.32 5.01
Oct 53.56 52.66 55.26 4.71
Nov 53.43 51.80 54.20 4.44
Dec 52.28 50.05 54.44 8.07

Hormel Foods (HRL) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 53.00 50.90 55.16 7.72
Feb 53.51 51.26 55.85 8.22
Mar 53.12 52.26 54.65 4.37
Apr 51.72 50.39 53.55 5.91
May 52.71 51.86 55.24 6.13
Jun 53.47 51.96 54.18 4.09
Jul 54.40 53.19 55.41 4.01
Aug 56.20 54.78 57.78 5.19
Sep 53.60 51.32 55.11 6.89
Oct 51.99 49.50 52.84 6.32
Nov 50.03 49.22 51.74 4.87
Dec 50.93 49.31 52.70 6.44

Hormel Foods information and performance

Hormel Foods Corporation manufactures and markets a variety of meat and food products to retail, food service, deli, and commercial customers in the United States and overseas. The company operates in four segments: grocery, chilled food, Jennie-O store in Turkey, and international and other products.

Hormel Foods Address

1 HORMEL PL, AUSTIN, MN, US

Market Capitalization: 26 285 255 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 1 439 667 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 28.54

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 3.6

Price/earnings to growth

DPS: 0.995

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0197

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 1.69

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.073

Quarterly Revenue Growth YOY: 0.237

Trailing PE: 28.54

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 26.74

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.583

Enterprise Value (EV) /Revenue

EV To EBITDA: 21.33

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 544998000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A


Hormel Foods (HRL) stock dividend

Hormel Foods last paid dividends on 04/08/2022. The next scheduled payment will be on 05/16/2022. The amount of dividends is $0.995 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.