Hormel Foods Corp (HRL) Files 10-K for the Fiscal Year Ended on October 31, 2019

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Dec 07, 2019
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Hormel Foods Corp (HRL, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on October 31, 2019. Hormel Foods Corp is engaged in manufacturing and sale of variety of food products primarily, pork and turkey and the marketing of those products throughout the United States and internationally. Hormel Foods Corp has a market cap of $24.21 billion; its shares were traded at around $45.34 with a P/E ratio of 25.18 and P/S ratio of 2.62. The dividend yield of Hormel Foods Corp stocks is 1.85%. Hormel Foods Corp had annual average EBITDA growth of 8.10% over the past ten years. GuruFocus rated Hormel Foods Corp the business predictability rank of 5-star.

For the last quarter Hormel Foods Corp reported a revenue of $2.5 billion, compared with the revenue of $2.5 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $9.5 billion, a decrease of 0.5% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Hormel Foods Corp had an average revenue growth rate of 0.4% a year.

The reported diluted earnings per share was $1.8 for the year, a decline of 3.2% from the previous year. Over the last five years Hormel Foods Corp had an EPS growth rate of 10.4% a year. The Hormel Foods Corp had a decent operating margin of 12.18%, compared with the operating margin of 12.12% a year before. The 10-year historical median operating margin of Hormel Foods Corp is 10.66%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Hormel Foods Corp has the cash and cash equivalents of $672.9 million, compared with $459.1 million in the previous year. The long term debt was $250.0 million, compared with $624.8 million in the previous year. The interest coverage to the debt is at a comfortable level of 64. Hormel Foods Corp has a financial strength rank of 9 (out of 10).

At the current stock price of $45.34, Hormel Foods Corp is traded at 79.5% premium to its historical median P/S valuation band of $25.26. The P/S ratio of the stock is 2.62, while the historical median P/S ratio is 1.45. The intrinsic value of the stock is $29.66 a share, according to GuruFocus DCF Calculator. The stock gained 2.76% during the past 12 months.

Directors and Officers Recent Trades:

  • Executive Vice President Glenn R Leitch sold 16,000 shares of HRL stock on 12/04/2019 at the average price of $45.35. The price of the stock has decreased by 0.02% since.
  • Executive Vice President Thomas R Day sold 30,000 shares of HRL stock on 12/04/2019 at the average price of $45.42. The price of the stock has decreased by 0.18% since.
  • Senior VP & General Counsel Lori J Marco sold 11,000 shares of HRL stock on 12/02/2019 at the average price of $45.08. The price of the stock has increased by 0.58% since.

For the complete 20-year historical financial data of HRL, click here.