Hormel Foods Future Growth
Future criteria checks 1/6
Hormel Foods is forecast to grow earnings and revenue by 8.7% and 2.3% per annum respectively. EPS is expected to grow by 9% per annum. Return on equity is forecast to be 11.4% in 3 years.
Key information
8.7%
Earnings growth rate
9.0%
EPS growth rate
| Food earnings growth | 9.9% |
| Revenue growth rate | 2.3% |
| Future return on equity | 11.4% |
| Analyst coverage | Good |
| Last updated | 21 Mar 2024 |
Recent future growth updates
Recent updates
Hormel: Hit The Fade And Look To Buy Below $25
Apr 22Hormel Foods Corporation (NYSE:HRL) Shares Could Be 31% Below Their Intrinsic Value Estimate
Apr 21
Hormel Foods (NYSE:HRL) Will Pay A Dividend Of $0.2825
Apr 03The Reasons Hormel Foods Has Fallen Out Of Favor With Us
Mar 20Hormel: Mixed Outlook For This Dividend King
Mar 14Hormel Foods Corporation Just Beat EPS By 21%: Here's What Analysts Think Will Happen Next
Mar 03Hormel: Peak Pessimism, Buy For A Trade And Then Hit The Fade
Feb 15Hormel: Discounted Dividend King With Historically High Yield
Feb 08Down 40%, 3.6%-Yielding Hormel Foods Has Become Very Attractive
Jan 15These 4 Measures Indicate That Hormel Foods (NYSE:HRL) Is Using Debt Reasonably Well
Jan 10Hormel: This Dividend King Is Getting Very Old
Jan 05Hormel Foods' (NYSE:HRL) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 22Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.2825
Dec 08Hormel Is A Historic Buy, And So Are These 6%-Yielding Dividend Aristocrats
Dec 06Hormel Foods' (NYSE:HRL) Dividend Will Be Increased To $0.2825
Nov 24Hormel Foods: Q4 Earnings Might Not Look Pretty
Nov 20Hormel Foods: Getting Closer To A Buy
Nov 13Hormel Foods Stock: Caution, Just Caution
Oct 11Here's Why Hormel Foods (NYSE:HRL) Can Manage Its Debt Responsibly
Sep 05Hormel Feeds The Bears Some More
Aug 31Hormel Foods: Still Not Worth It
Aug 15Calculating The Fair Value Of Hormel Foods Corporation (NYSE:HRL)
Aug 14Hormel Foods Will Return To Growth
Jun 08Hormel Foods (NYSE:HRL) Seems To Use Debt Quite Sensibly
Jun 07Hormel Dividends: Where's The Juice?
May 31Estimating The Fair Value Of Hormel Foods Corporation (NYSE:HRL)
May 08Hormel Foods (NYSE:HRL) Has Announced That It Will Be Increasing Its Dividend To $0.275
Apr 05Is Hormel Foods (NYSE:HRL) A Risky Investment?
Feb 28Hormel Foods: A Great, But Overvalued Consumer Staples Stock
Feb 12A Look At The Fair Value Of Hormel Foods Corporation (NYSE:HRL)
Jan 27Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.275
Jan 12Hormel: A Mini Spam Bubble Becomes Less Expensive
Jan 11Hormel Foods - Not Too Delicious
Dec 28Hormel Foods' (NYSE:HRL) Dividend Will Be Increased To $0.275
Dec 21Hormel Foods makes minority investment in Garudafood
Dec 16We Remain Bullish On Hormel Foods Despite The Selloff
Dec 07Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.275
Nov 25Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 10/31/2026 | 12,775 | 1,023 | 1,047 | 1,304 | 6 |
| 10/31/2025 | 12,488 | 933 | 815 | 1,078 | 9 |
| 10/31/2024 | 12,263 | 870 | 714 | 958 | 9 |
| 1/28/2024 | 12,136 | 795 | 968 | 1,248 | N/A |
| 10/29/2023 | 12,110 | 794 | 778 | 1,048 | N/A |
| 7/30/2023 | 12,195 | 878 | 842 | 1,101 | N/A |
| 4/30/2023 | 12,267 | 934 | 728 | 970 | N/A |
| 1/29/2023 | 12,385 | 978 | 689 | 955 | N/A |
| 10/30/2022 | 12,459 | 1,000 | 856 | 1,135 | N/A |
| 7/31/2022 | 12,630 | 1,002 | 1,045 | 1,327 | N/A |
| 5/1/2022 | 12,459 | 960 | 943 | 1,218 | N/A |
| 1/30/2022 | 11,969 | 926 | 938 | 1,180 | N/A |
| 10/31/2021 | 11,386 | 909 | 770 | 1,002 | N/A |
| 7/25/2021 | 10,352 | 861 | 408 | 688 | N/A |
| 4/25/2021 | 9,869 | 888 | 627 | 941 | N/A |
| 1/24/2021 | 9,685 | 887 | 796 | 1,145 | N/A |
| 10/25/2020 | 9,608 | 908 | 761 | 1,128 | N/A |
| 7/26/2020 | 9,690 | 929 | 862 | 1,228 | N/A |
| 4/26/2020 | 9,599 | 926 | 761 | 1,106 | N/A |
| 1/26/2020 | 9,521 | 980 | 611 | 924 | N/A |
| 10/27/2019 | 9,497 | 979 | 629 | 923 | N/A |
| 7/28/2019 | 9,521 | 985 | 772 | 1,071 | N/A |
| 4/28/2019 | 9,589 | 996 | 828 | 1,164 | N/A |
| 1/27/2019 | 9,575 | 950 | 750 | 1,125 | N/A |
| 10/28/2018 | 9,546 | 1,012 | 852 | 1,242 | N/A |
| 7/29/2018 | 9,514 | 969 | 899 | 1,246 | N/A |
| 4/29/2018 | 9,362 | 941 | 911 | 1,197 | N/A |
| 1/28/2018 | 9,219 | 915 | 906 | 1,143 | N/A |
| 10/29/2017 | 9,168 | 847 | N/A | 1,034 | N/A |
| 7/30/2017 | 9,303 | 873 | N/A | 903 | N/A |
| 4/30/2017 | 9,398 | 886 | N/A | 864 | N/A |
| 1/29/2017 | 9,511 | 890 | N/A | 909 | N/A |
| 10/30/2016 | 9,523 | 890 | N/A | 1,040 | N/A |
| 7/24/2016 | 9,296 | 833 | N/A | 923 | N/A |
| 4/24/2016 | 9,182 | 785 | N/A | 955 | N/A |
| 1/24/2016 | 9,161 | 749 | N/A | 1,024 | N/A |
| 10/25/2015 | 9,264 | 686 | N/A | 992 | N/A |
| 7/26/2015 | 9,407 | 670 | N/A | 1,043 | N/A |
| 4/26/2015 | 9,503 | 661 | N/A | 918 | N/A |
| 1/25/2015 | 9,469 | 621 | N/A | 679 | N/A |
| 10/26/2014 | 9,316 | 603 | N/A | 747 | N/A |
| 7/27/2014 | 9,096 | 589 | N/A | 603 | N/A |
| 4/27/2014 | 8,970 | 564 | N/A | 655 | N/A |
| 1/26/2014 | 8,878 | 550 | N/A | 810 | N/A |
| 10/27/2013 | 8,752 | 526 | N/A | 638 | N/A |
| 7/28/2013 | 8,599 | 501 | N/A | 663 | N/A |
| 4/28/2013 | 8,447 | 499 | N/A | 562 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HRL's forecast earnings growth (8.7% per year) is above the savings rate (2.3%).
Earnings vs Market: HRL's earnings (8.7% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: HRL's earnings are forecast to grow, but not significantly.
Revenue vs Market: HRL's revenue (2.3% per year) is forecast to grow slower than the US market (8.1% per year).
High Growth Revenue: HRL's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HRL's Return on Equity is forecast to be low in 3 years time (11.4%).