Why The Hershey Company (NYSE:HSY) Could Have A Place In Your Portfolio

I’ve been keeping an eye on The Hershey Company (NYSE:HSY) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe HSY has a lot to offer. Basically, it is a highly-regarded dividend-paying company with a great track record of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my broad commentary, read the full report on Hershey here.

Established dividend payer with proven track record

In the previous year, HSY has ramped up its bottom line by 18%, with its latest earnings level surpassing its average level over the last five years. In addition to beating its historical values, HSY also outperformed its industry, which delivered a growth of -24%. This is what investors like to see!

NYSE:HSY Income Statement, September 30th 2019
NYSE:HSY Income Statement, September 30th 2019

Income investors would also be happy to know that HSY is a great dividend company, with a current yield standing at 2.0%. HSY has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:HSY Historical Dividend Yield, September 30th 2019
NYSE:HSY Historical Dividend Yield, September 30th 2019

Next Steps:

For Hershey, there are three fundamental factors you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for HSY’s future growth? Take a look at our free research report of analyst consensus for HSY’s outlook.
  2. Financial Health: Are HSY’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HSY? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.