Hershey Company (The) stock performance trend indicates that the stock price has rallied 5.2% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 14.03% . Looking at the past 52 week period, the stock price is up at 19.82% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Hershey Company (The) has a positive value of 13.28 compared to overall market.The Hershey Company is having a Relative Strength Index of 56.86 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Hershey Company (The) (NYSE:HSY) has climbed 0.07% in the past week and advanced 1.64% in the last 4 weeks. The stocks have underperformed the S&P 500 by 0.16% during the past week but Hershey Company (The) (NYSE:HSY) it has outperformed the index in 4 weeks by 0.48%.
Company shares have received an average consensus rating of Hold for the current week Hershey Company (The) (NYSE:HSY) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.46 points or 0.42% at $109.01 with 1,361,844 shares getting traded. Post opening the session at $109.76, the shares hit an intraday low of $108.96 and an intraday high of $109.76 and the price was in this range throughout the day. The company has a market cap of $23,155 million and the number of outstanding shares has been calculated to be 212,414,670 shares. The 52-week high of Hershey Company (The) (NYSE:HSY) is $117.79 and the 52-week low is $87.92.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Mar 2, 2017 to Sector Perform, Raises Price Target to $ 114 from a previous price target of $112 .Hershey Co was Upgraded by Societe Generale to Hold on Feb 28, 2017. Hershey Co was Upgraded by Argus to Buy on Feb 16, 2017. Hershey Co was Initiated by Deutsche Bank on Feb 15, 2017 to Hold, Price Target of the shares are set at $115.Company shares were Reiterated by RBC Capital Mkts on Feb 6, 2017 to Sector Perform, Raises Price Target to $ 112 from a previous price target of $110 .
Company has reported several Insider transactions to the SEC, on Mar 3, 2017, Michele Buck (President and CEO) sold 2,000 shares at 108.60 per share price.On Feb 16, 2017, D Michael Wege (SVP, GS, India, ME, Comm & CSR) sold 1,100 shares at 108.11 per share price.On Nov 9, 2016, Trust Co Trustee In Tr Hershey (10% owner) purchased 49,500 shares at 101.60 per share price.
Hershey Co Last issued its quarterly earnings results on Feb 3, 2017. The company reported $1.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $1.08. The company had revenue of $1970.00 million for the quarter, compared to analysts expectations of $1978.66 million. The companys revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
The Hershey Company is a leading snack food company and the largest North American manufacturer of quality chocolate and non-chocolate confectionery products. Hershey markets such well-known brands as Hersheys, Reeses, Hersheys Kisses, Kit Kat, Almond Joy, Mounds, York, Jolly Rancher, Twizzlers, and Ice Breakers as well as innovative new products such as Swoops and Hersheys Smores. Hershey also offers a variety of snack products to consumers, including Hersheys Cookies, Mauna Loa macadamia nuts, and Hersheys Snack Barz.