Market Cap
US$32.1b
Last Updated
2019/10/19 23:38 UTC
Data Sources
Company Financials +
Executive Summary
The Hershey Company, together with its subsidiaries, manufactures and sells confectionery products.
Snowflake
Fundamentals
Established dividend payer with proven track record.
Similar Companies
Share Price & News
How has Hershey's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.4%
HSY
-1.3%
US Food
0.4%
US Market
1 Year Return
43.6%
HSY
-0.2%
US Food
6.9%
US Market
Return vs Industry: HSY exceeded the US Food industry which returned -0.2% over the past year.
Return vs Market: HSY exceeded the US Market which returned 6.9% over the past year.
Shareholder returns
| HSY | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -1.3% | 0.4% |
| 30 Day | -0.2% | -3.1% | -1.1% |
| 90 Day | 5.4% | -1.8% | -0.5% |
| 1 Year | 47.1%43.6% | 2.8%-0.2% | 9.3%6.9% |
| 3 Year | 72.9%60.5% | -1.9%-10.5% | 45.8%36.4% |
| 5 Year | 83.8%62.6% | 43.7%26.6% | 62.9%45.1% |
Price Volatility Vs. Market
How volatile is Hershey's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
The Hershey (NYSE:HSY) Share Price Is Up 63% And Shareholders Are Holding On1 week ago | Simply Wall St
Is The Hershey Company (NYSE:HSY) A High Quality Stock To Own?2 weeks ago | Simply Wall St
Why The Hershey Company (NYSE:HSY) Could Have A Place In Your PortfolioValuation
Is Hershey undervalued compared to its fair value and its price relative to the market?
26.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: HSY ($153.07) is trading above our estimate of fair value ($148.11)
Significantly Undervalued: HSY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HSY is poor value based on its PE Ratio (26.4x) compared to the Food industry average (25.4x).
PE vs Market: HSY is poor value based on its PE Ratio (26.4x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
Low PEG Ratio: HSY is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: HSY is overvalued based on its PB Ratio (19.2x) compared to the US Food industry average (2.1x).
Next Steps
Future Growth
How is Hershey forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
5.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HSY's forecast earnings growth (5.2% per year) is above the savings rate (2.7%).
Earnings vs Market: HSY's earnings (5.2% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: HSY's earnings are forecast to grow, but not significantly.
Revenue vs Market: HSY's revenue (1.8% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: HSY's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: HSY's Return on Equity is forecast to be very high in 3 years time (67.6%).
Next Steps
Past Performance
How has Hershey performed over the past 5 years?
10.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: HSY's earnings have grown by 10.9% per year over the past 5 years.
Accelerating Growth: HSY's earnings growth over the past year (18.1%) exceeds its 5-year average (10.9% per year).
Earnings vs Industry: HSY earnings growth over the past year (18.1%) exceeded the Food industry -22.7%.
Return on Equity
High ROE: Whilst HSY's Return on Equity (72.1%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
ROA vs Industry: HSY has a higher Return on Assets than the Food industry average last year.
Return on Capital Employed
ROCE Improving: HSY's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Hershey's financial position?
Financial Position Analysis
Short Term Liabilities: HSY's short term assets ($2.1B) do not cover its short term liabilities ($2.4B)
Long Term Liabilities: HSY's short term assets (2.1B) do not cover its long term liabilities (3.7B)
Debt to Equity History and Analysis
Debt Level: HSY's debt to equity ratio (240.4%) is considered high
Reducing Debt: HSY's debt to equity ratio has increased from 124.5% to 240.4% over the past 5 years.
Debt Coverage: HSY's debt is well covered by operating cash flow (41.4%).
Interest Coverage: HSY's interest payments on its debt are well covered by EBIT (11.8x coverage).
Balance Sheet
Inventory Level: HSY has a high level of physical assets or inventory.
Debt Coverage by Assets: HSY's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Hershey's current dividend yield, its reliability and sustainability?
2.02%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: HSY's dividend (2.02%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: HSY's dividend (2.02%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stable Dividend: HSY's dividends per share have been stable in the past 10 years.
Growing Dividend: HSY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.7%), HSY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HSY's dividends in 3 years are forecast to be covered by earnings (53.7% payout ratio).
Next Steps
Management
What is the CEO of Hershey's salary, the management and board of directors tenure and is there insider trading?
2.6yrs
Average management tenure
CEO
Michele Buck (57yo)
2.6yrs
Tenure
US$11,718,372
Compensation
Ms. Michele Gross Buck has been the Chairman at The Hershey Company since October 14, 2019 and its Chief Executive Officer and President since March 1, 2017. Ms. Buck is responsible for all day-to-day glob ...
CEO Compensation Analysis
Compensation vs. Market: Michele's total compensation ($USD11.72M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Michele's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.6yrs
Average Tenure
54yo
Average Age
Experienced Management: HSY's management team is considered experienced (2.6 years average tenure).
Board Age and Tenure
7.0yrs
Average Tenure
65.5yo
Average Age
Experienced Board: HSY's board of directors are considered experienced (7 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 3,100 |
| Max Price | US$158.38 |
| Entity | Company |
| Shares | 6,000 |
| Max Price | US$153.05 |
| Entity | Company |
| Shares | 10,000 |
| Max Price | US$152.82 |
| Entity | Individual |
| Role | Chief Financial Officer Senior VP & CFO |
| Shares | 1,000 |
| Max Price | US$129.14 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 100 |
| Max Price | US$130.10 |
| Entity | Individual |
| Role | Unit President President of US |
| Shares | 2,000 |
| Max Price | US$129.92 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$130.43 |
| Entity | Individual |
| Shares | 724 |
| Max Price | US$109.40 |
| Entity | Company |
| Shares | 4,500,000 |
| Max Price | US$106.30 |
| Entity | Individual |
| Role | Unit President President of US |
| Shares | 2,000 |
| Max Price | US$107.32 |
| Entity | Company |
| Shares | 47,170 |
| Max Price | US$106.00 |
| Entity | Company |
| Shares | 47,170 |
| Max Price | US$106.00 |
Ownership Breakdown
Management Team
Javier Idrovo (51yo)
Chief Accounting Officer
- Tenure: 4.2yrs
Michele Buck (57yo)
Chairman
- Tenure: 2.6yrs
- Compensation: US$11.72m
Todd Tillemans (57yo)
President of US
- Tenure: 2.5yrs
- Compensation: US$2.89m
Kevin Walling (54yo)
Senior VP of Corporate Communications & Corporate Social Responsibility and Chief HR Officer
- Tenure: 7.9yrs
- Compensation: US$3.46m
Terry O'Day (69yo)
Senior VP and Chief Product Supply & Technology Officer
- Tenure: 2.4yrs
- Compensation: US$2.42m
Steven Schiller
President of International
- Tenure: 2.6yrs
Steve Voskuil (51yo)
Senior VP & CFO
- Tenure: 0.4yrs
Damien Atkins (48yo)
Senior VP
- Tenure: 1.2yrs
Rob Gehring
Global Chief Sales Officer
- Tenure: 3.8yrs
Melissa Poole
Senior Director of Investor Relations
- Tenure: 0yrs
Board Members
James Brown (67yo)
Independent Director
- Tenure: 2.4yrs
- Compensation: US$260.00k
David Shedlarz (71yo)
Independent Director
- Tenure: 11.2yrs
- Compensation: US$275.00k
Chuck Davis (71yo)
Lead Independent Director
- Tenure: 0yrs
- Compensation: US$367.76k
Rob Malcolm (67yo)
Independent Director
- Tenure: 7.8yrs
- Compensation: US$275.00k
Mary Haben (63yo)
Independent Director
- Tenure: 6.2yrs
- Compensation: US$275.00k
Tony Palmer (59yo)
Independent Director
- Tenure: 8.5yrs
- Compensation: US$269.93k
Michele Buck (57yo)
Chairman
- Tenure: 2.6yrs
- Compensation: US$11.72m
Wendy Schoppert (53yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: US$271.01k
Pamela Arway (65yo)
Independent Director
- Tenure: 9.4yrs
- Compensation: US$260.00k
Mary Koken (66yo)
Independent Director
- Tenure: 2.4yrs
- Compensation: US$255.50k
Company Information
The Hershey Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Hershey Company
- Ticker: HSY
- Exchange: NYSE
- Founded: 1894
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$32.080b
- Shares outstanding: 209.58m
- Website: https://www.thehersheycompany.com
Number of Employees
Location
- The Hershey Company
- 100 Crystal A Drive
- Hershey
- Pennsylvania
- 17033
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HSY | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| HSY | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| 0J4X | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| HSY * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| HSHY34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR REPR 1/5 COM USD1.00 | BR | BRL | Jul 2015 |
Biography
The Hershey Company, together with its subsidiaries, manufactures and sells confectionery products. The company operates through two segments, North America; and International and Other. It offers chocolat ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 23:38 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.