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HRL

Hormel Foods Corporation
$20.44
-0.34% Oct 21 close
Consumer StaplesS&P 500 CompareTechnicals
1M3M6M1Y2Y
-17%-8%0%+9%+17%Oct 2025Oct 2026Apr 2026
HRLSPY
1W
+3.2%
1M
+1.4%
3M
-17.7%
6M
-2.0%
YTD
-9.0%
1Y
-10.4%

Live chart

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What they do

Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International. The company provides perishable products, including fresh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole.

Consumer Defensive · Packaged Foods

For information only · Important disclosures

Grades vs sector

Momentum
42nd percentile in sector
C
12-1 return: -4.0%
Percentile within its GICS sector across the S&P 1500.
Growth
14th percentile in sector
D-
Revenue growth (YoY): -2.4%
Percentile within its GICS sector across the S&P 1500.
Value
63rd percentile in sector
B-
Forward E/P: 7.7% · EBITDA/EV: 9.6%
Percentile within its GICS sector across the S&P 1500.
Profitability
30th percentile in sector
D+
Profit margin: +2.8% · Return on equity: +4.3%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
 Momentum Top 15
ranked 389 of 499 · 12-month momentum -7.0%
 Momentum Blend
Not in the current book
 New Highs Growth
Outside this model's universe or screens
 Coteau Long Book
Not in the current book

News

More news
Hormel Foods Names Joe O'Connor Group Vice President, Enterprise Performance
PR Newswire · 26m ago
These 5 Grocery Aisle Giants Are Splitting Into Dividend Winners and Losers
24/7 Wall St. · Oct 21
Should Tyson Foods Stock Holders Look At JM Smucker Instead?
Trefis · Oct 16

Key stats

Market value$11.2B
P/E (last 12 months)33.0
P/E (next 12 months, estimated)13.0
52-week range$18.96 – $26.60
Revenue growth (latest quarter vs a year ago)-2.4%
Dividend yield5.70%
Analyst consensusHold (8)
Average analyst price target$25.31 (+24%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Leans expensive
Model read-out from the numbers below, not advice. Score -1 (DCF counts double).
▼DCF (base case)below the price by 35%
•Forward P/E vs sector13.0x vs median 14.5x
•Piotroski F-score6/9
•Net debt / EBITDA2.5x
▲Analyst target+24% (8 analysts)

Discounted cash flow

Bear
$7
-65%
growth -7% · disc. 10.2% · term. 2.0%
Base
$13
-35%
growth -2% · disc. 9.2% · term. 2.5%
Bull
$21
+5%
growth 1% · disc. 8.2% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 4% a year for 10 years.
Implied
+4%/yr
FCF, last 3 yrs
-15%/yr
FCF, last 5 yrs
-7%/yr
Revenue, last 3 yrs
-1%/yr
Revenue, last 5 yrs
+5%/yr
Same inputs as the DCF above: trailing free cash flow 0.8B, 9.2% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-07-26). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.29 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Consumer Staples

P/E (trailing)
sector median 23.5× · 70th pct
 33.0×
pricier
Forward P/E
sector median 14.5× · 35th pct
 13.0×
cheaper
EV / EBITDA
sector median 11.9× · 73rd pct
 15.8×
pricier
Price / sales
sector median 1.1× · 43rd pct
 0.9×
cheaper
Price / book
sector median 3.1× · 21st pct
 1.4×
cheaper
FCF yield
sector median 6.5% · 56th pct
 6.9%
cheaper

Forward EPS $1.57 vs trailing $0.62 (+153% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
15.7%
Operating margin
4.7%
FCF margin
6.4%
Net margin
2.8%
Return on equity
4.4%
Return on invested capital
3.8%
Net debt / EBITDA
2.5×
Current ratio
1.9×
Interest cover
7.3×
Cash conversion (OCF/NI)
3.2×
Piotroski F-score 6/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✓ Current ratio improved✓ No share dilution✗ Gross margin improved✓ Asset turnover improved

Analysts

Mean target
$25
+24%
Analysts
8
Hold
Range
$23–$29
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$12.1B$478.2M$534.3M
2024$11.9B$805.0M$1.0B
2023$12.1B$793.6M$777.6M
2022$12.5B$1,000.0M$856.1M
2021$11.4B$908.8M$769.5M
2020$9.6B$908.1M$760.5M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -1.0%.

Earnings

Next report: 2026-12-03 · before open · EPS est 0.37
24-1225-0225-0525-0825-1226-0226-0526-080.000.42
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-270.350.37+4.6%
2026-05-280.350.40+12.9%
2026-02-260.320.34+6.1%
2025-12-040.300.32+6.0%
2025-08-280.410.35-14.6%
2025-05-290.340.35+3.3%
2025-02-270.370.35-6.6%
2024-12-040.420.42-1.2%

Quarterly revenue

QuarterRevenueYoY
2026-07-31$3.0B-2.4%
2026-04-30$3.0B–
2026-01-31$3.0B–
2025-10-31$3.2B–
2025-07-31$3.0B–
Rating changes
Reiterated
2026-10-14 · Barclays reiterated Overweight on HRL
Reiterated
2026-10-07 · BNP Paribas reiterated Neutral on HRL
Reiterated
2026-08-28 · BNP Paribas reiterated Neutral on HRL
Reiterated
2026-08-14 · JP Morgan reiterated Neutral on HRL
Reiterated
2026-07-14 · BNP Paribas reiterated Neutral on HRL
Reiterated
2026-07-09 · Stephens & Co. reiterated Equal-Weight on HRL

Third-party analyst actions, not Coteau's views. All rating changes

Recent dividends

2026-10-13: $0.293 · 2026-07-13: $0.293 · 2026-04-13: $0.293 · 2026-01-12: $0.293 · 2025-10-14: $0.290 · 2025-07-14: $0.290 · 2025-04-14: $0.290 · 2025-01-13: $0.290
Insider trades
Newlands William A
Director · 2026-10-05
Buy
$201.0K
None
None · None
Sell
–
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None · None
Sell
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None · None
Sell
–
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None · None
Sell
–
None
None · None
Sell
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None · None
Sell
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None · None
Sell
–

Stats refreshed 2026-10-21 18:06:49 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

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Beta 0.9 · Oct 21, 2026