Hormel Foods Future Growth
Future criteria checks 1/6
Hormel Foods is forecast to grow earnings and revenue by 7.6% and 2% per annum respectively. EPS is expected to grow by 8.1% per annum. Return on equity is forecast to be 12.6% in 3 years.
Key information
7.6%
Earnings growth rate
8.1%
EPS growth rate
| Food earnings growth | 13.3% |
| Revenue growth rate | 2.0% |
| Future return on equity | 12.6% |
| Analyst coverage | Good |
| Last updated | 17 Dec 2024 |
Recent future growth updates
Hormel Foods Corporation (NYSE:HRL) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Dec 07
Hormel Foods Corporation Just Beat EPS By 21%: Here's What Analysts Think Will Happen Next
Mar 03Recent updates
Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.29
Dec 13Hormel Foods Corporation (NYSE:HRL) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Dec 07Hormel Foods: Bears Strike Yet Another Blow
Dec 04Hormel Foods' (NYSE:HRL) Upcoming Dividend Will Be Larger Than Last Year's
Nov 29Sentiment Still Eluding Hormel Foods Corporation (NYSE:HRL)
Nov 17Hormel Foods (NYSE:HRL) Is Due To Pay A Dividend Of $0.2825
Oct 11Hormel Foods: A Former Darling Has Fallen Out Of Favor
Sep 27Hormel Foods' (NYSE:HRL) Dividend Will Be $0.2825
Sep 27Hormel Foods' Q3 Earnings Cook, But Revenue Misses The Plate
Sep 05An Intrinsic Calculation For Hormel Foods Corporation (NYSE:HRL) Suggests It's 29% Undervalued
Aug 17Hormel Foods: How Good Is The Dividend Profile, And Is It A Good Buy Now?
Aug 16Hormel Foods Corporation's (NYSE:HRL) Popularity With Investors Is Clear
Jul 29Hormel Foods: The Reasons We Are Not Starting A Position
Jun 11Hormel: You Are Two-Thirds Of The Way There
Jun 05Hormel Foods (NYSE:HRL) Is Due To Pay A Dividend Of $0.2825
May 24Is Hormel Foods (NYSE:HRL) A Risky Investment?
May 12Hormel Foods: A Wait And See Approach For This Dividend King
Apr 30Hormel: 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 21Hormel 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 Is A Historic Buy, And So Are These 6%-Yielding Dividend Aristocrats
Dec 06Hormel Foods: Q4 Earnings Might Not Look Pretty
Nov 20Hormel Foods: Getting Closer To A Buy
Nov 13Hormel Foods Stock: Caution, Just Caution
Oct 11Hormel Feeds The Bears Some More
Aug 31Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 10/31/2027 | 12,578 | 1,088 | 1,116 | 1,517 | 5 |
| 10/31/2026 | 12,332 | 1,000 | 1,028 | 1,415 | 9 |
| 10/31/2025 | 12,073 | 898 | 901 | 1,287 | 9 |
| 10/27/2024 | 11,921 | 805 | 1,010 | 1,267 | N/A |
| 7/28/2024 | 11,981 | 781 | 903 | 1,177 | N/A |
| 4/28/2024 | 12,046 | 767 | 989 | 1,276 | N/A |
| 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 | N/A | 1,246 | N/A |
| 4/29/2018 | 9,362 | 941 | N/A | 1,197 | N/A |
| 1/28/2018 | 9,219 | 915 | N/A | 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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HRL's forecast earnings growth (7.6% per year) is above the savings rate (2.6%).
Earnings vs Market: HRL's earnings (7.6% per year) are forecast to grow slower than the US market (15.2% per year).
High Growth Earnings: HRL's earnings are forecast to grow, but not significantly.
Revenue vs Market: HRL's revenue (2% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: HRL's revenue (2% 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 (12.6%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/27 |
| Annual Earnings | 2024/10/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Industry and Sector Metrics
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Analyst Sources
Hormel Foods Corporation is covered by 35 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Benjamin Theurer | Barclays |