nysehrl
Hormel plunges following weak guidance but this is an opportunity to remember.Price action is testing a significant support level and showing signs of buying.The dividend is in no danger and pays 2.5% .5 stocks we like better than Hormel FoodsInvestors who’ve shied away from Hormel (NYSE:HRL) may want to take a 2nd look. The Q1 results and guidance for 2023 have sparked a pullback in prices that should result in another stunning rebound. Q4 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset and is held to a fiduciary stand...
ValueWalk
Spam is more popular than ever evidenced by seven consecutive years of record salesHormel’s portfolio includes well-known brands like Skippy, Planters, and Dinty MooreInflation and a strong U.S. dollar headwinds are impacting the bottom lineHormel products become more of a staple for consumers during economic downturnsHormel is a dividend aristocrat having raised its dividend for the 56 consecutive yearPre-packaged global food and snacks brand Hormel Foods (NYSE:HRL) has seen its top and bottom lines surge from the pandemic as consumers stockpiled endless amounts of its products, especially Sp...
ValueWalk
Tyson faces growing headwinds from a strong U.S. dollarRising inflation is driving consumers to switch to cheaper generic brandsTyson shares are trading at a historically low 7.5X forward earningsThe company is mitigating headwinds with price hikes and operating efficiencies already generating $400 in cost savings in 2022Global meat and poultry products producer Tyson Foods (NYSE:TSN) stock has been in a nine week losing streak falling (-24%) for the year. The Company has faced all kinds of problems this year putting pressure on its shares which are trading at 7.5X forward earnings with a 2.79...
ValueWalk
Hormel (NYSE:HRL) is not the cheapest pick in the consumer staples sector (NYSEARCA:XLP) but it is one of the better values. The stock trades at 25X its earnings compared to 15X at the low end of the range with Kraft-Heinz (NASDAQ:KHC) and upwards of 28X to 30X for names like Clorox (NYSE:CLX) and Lamb Weston (NYSE:LW) and so a fair value at least. Looking at the stock from the technical perspective, Hormel has been in a prolonged and protracted uptrend that is still intact and it is now approaching a key level. An uptrend line that has been in play for 14 years crosses a strong support level ...
ValueWalk
Tyson had a decent quarter but the results reveal the impact of inflationTyson is a deep value relative to its peers because of the dividendThe guidance for the full year is favorableShares of Tyson Foods (NYSE:TSN) are down more than 9.0% in the wake of the Q2 earnings report and offering a discount to investors. The stock is trading at about 9.6X its earnings compared to competitors like Hormel Foods (NYSE:HRL) which trades closer to 26X its earnings and even Kraft-Heinz (NASDAQ:KHC) which trades near 14X earnings but there is a difference. Q2 2022 hedge fund letters, conferences and more Fi...
ValueWalk
Dividend Kings Are Proven Payers For Tough TimesRecession or not,Dividend Kings have a proven track record of success that includes over 50 years of consecutive distribution increases. This tells us management has the foresight to run their companies profitably in both good times and bad. The stocks on our list today are not only Dividend Kings but also Consumer Staples, the sector we most want to be in during an economic downturn. While we can’t predict with 100% certainty what will happen with the economy, inflation, and interest rates we can predict that these companies will continue to pay...
ValueWalk
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