The Lows May Be In For Hormel Foods [Seeking Alpha]
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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US:NYSE Investor Relations:
investor.hormelfoods.com
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Source: Seeking Alpha
Summary Shares have rebounded aggressively over the past week. First-quarter report demonstrated a solidly-run business. Next step for the share price is a convincing break above last month's high. Many retailers and food suppliers in the consumer defensive sector in general have been holding up extremely well in this sustained downturn in equity prices. We have been watching Hormel Foods ( HRL For many investors, this crash has once again thrown the long-term dividend growth investing argument out of the window. We have no doubt that the vast majority of dividend growth blue-chip stocks which investors were long before this crash will bounce back in time to new highs. Furthermore, many of them will be able to keep their dividend records intact. In theory, and we have always said this, true long-term investors should love lower prices in their stocks. When we say long term, we mean that the investor in question never intends to liquidate the investment. Lower prices (when the dividend
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HRL
News
- Hormel Foods Co. (NYSE: HRL) had its price target lowered by analysts at Citigroup Inc. from $36.00 to $35.00. They now have a "buy" rating on the stock.MarketBeat
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HRL
Earnings
- 9/4/24 - Beat
HRL
Sec Filings
- 10/29/24 - Form 4
- 10/29/24 - Form 3
- 10/11/24 - Form 4
- HRL's page on the SEC website