Hormel's Stock Plummets: What's Behind the Decline?
Update: 2025-11-13
Description
Hormel Foods stock has underperformed the market, dropping by 29% YTD and 26.7% over the past year. Despite beating sales expectations, earnings per share declined by 5% due to rising commodity costs. Analysts predict a 13.3% decrease in full-year earnings, with a Hold rating and a mean price target of $27, indicating potential upside.
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