(HSY) Hershey - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4278661081

Chocolate, Confectionery, Snacks, Beverages, Spreads

Stock: Packaged Foods & Meats
Age 40.6y

MCap 40,103m
Avg Vol 1.76M (321M USD)

Beta 0.078
Volatility 24.42%

EPS (Earnings per Share)

EPS CAGR: -6.76%
EPS Trend: -28.8%

Last SUE: 0.92
Qual. Beats: 1

Revenue

Rev. CAGR: 8.71%
Rev. Trend: 37.4%

Last SUE: 0.55
Qual. Beats: 0

Dividends

Dividend Yield	3.27%
Yield on Cost 5y	4.18%
Yield CAGR 5y	12.59%
Payout Consistency	95.8%
Payout Ratio	75.2%

Risk via 5d forecast
Volatility	24.4%
Value at Risk 5%th	39.4%
Relative Tail Risk	-2.03%

Reward TTM
Sharpe Ratio	1.00
Alpha	25.72
CAGR/Max DD	-0.04

Character TTM
Hurst Exponent	0.562
Beta	0.078
Beta Downside	0.041

Drawdowns 3y
Max DD	45.25%
Mean DD	25.83%
Median DD	28.75%

Description: HSY Hershey December 03, 2025

The Hershey Company (HSY) manufactures and sells a broad portfolio of confectionery, salty-snack, and pantry products across three operating segments-North America Confectionery, North America Salty Snacks, and International-reaching roughly 80 countries through wholesale, grocery, mass-merchant, drug-store, and convenience channels. Its marquee brands include Hershey’s, Reese’s, Kisses, Kit Kat, and emerging snack names such as SkinnyPop, ONE Bar, and Pirates Booty.

Key recent metrics: FY 2023 net sales were $11.6 billion, with the North America Salty Snacks segment delivering a 9% YoY revenue growth driven by the expanding protein-bar and popcorn categories. The company’s operating margin hovered around 28%, reflecting pricing power that partially offset higher cocoa and sugar input costs. A primary macro driver is consumer discretionary spending, which remains sensitive to inflation trends and real-wage growth; a 1% rise in U.S. inflation historically depresses confectionery volume growth by roughly 0.3% (based on sector-wide historical data).

For a deeper quantitative dive and scenario analysis, you might explore the company’s profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income: 1.36b TTM > 0 and > 6% of Revenue
FCF/TA: 0.16 > 0.02 and ΔFCF/TA 2.79 > 1.0
NWC/Revenue: 10.19% < 20% (prev -5.86%; Δ 16.05% < -1%)
CFO/TA 0.17 > 3% & CFO 2.29b > Net Income 1.36b
Net Debt (4.58b) to EBITDA (2.26b): 2.02 < 3
Current Ratio: 1.36 > 1.5 & < 3
Outstanding Shares: last quarter (203.5m) vs 12m ago 0.23% < -2%
Gross Margin: 37.46% > 18% (prev 0.44%; Δ 3701 % > 0.5%)
Asset Turnover: 87.70% > 50% (prev 86.93%; Δ 0.77% > 0%)
Interest Coverage Ratio: 8.79 > 6 (EBITDA TTM 2.26b / Interest Expense TTM 201.2m)

Altman Z'' 3.41

A: 0.09 (Total Current Assets 4.40b - Total Current Liabilities 3.23b) / Total Assets 13.58b
B: 0.40 (Retained Earnings 5.45b / Total Assets 13.58b)
C: 0.14 (EBIT TTM 1.77b / Avg Total Assets 13.10b)
D: 0.60 (Book Value of Equity 5.42b / Total Liabilities 9.01b)
Altman-Z'' Score: 3.41 = A

Beneish M -3.09

DSRI: 0.81 (Receivables 966.4m/1.14b, Revenue 11.49b/10.97b)
GMI: 1.18 (GM 37.46% / 44.35%)
AQI: 0.94 (AQ_t 0.42 / AQ_t-1 0.45)
SGI: 1.05 (Revenue 11.49b / 10.97b)
TATA: -0.07 (NI 1.36b - CFO 2.29b) / TA 13.58b)
Beneish M-Score: -3.09 = AA

ValueRay F-Score (Strict, 0-100) 74.00

1. Piotroski: 7.0pt
2. FCF Yield: 4.83%
3. FCF Margin: 18.78%
4. Debt/Equity: 1.26
5. Debt/Ebitda: 2.02
6. ROIC - WACC: 7.48%
7. RoE: 29.44%
8. Revenue Trend: 37.37%
9. EPS Trend: -28.80%

What is the price of HSY shares?

As of January 24, 2026, the stock is trading at USD 191.20 with a total of 2,524,166 shares traded.
Over the past week, the price has changed by -3.32%, over one month by +4.70%, over three months by +6.11% and over the past year by +31.74%.

Is HSY a buy, sell or hold?

Hershey has received a consensus analysts rating of 3.04. Therefor, it is recommend to hold HSY.

Strong Buy: 3
Buy: 1
Hold: 17
Sell: 2
Strong Sell: 2

What are the forecasts/targets for the HSY price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	196.4	2.7%
Analysts Target Price	196.4	2.7%
ValueRay Target Price	205.5	7.5%

HSY Fundamental Data Overview January 19, 2026

P/E Trailing = 29.6048
P/E Forward = 29.4985
P/S = 3.4905
P/B = 8.7859
P/EG = 48.5713
Revenue TTM = 11.49b USD
EBIT TTM = 1.77b USD
EBITDA TTM = 2.26b USD
Long Term Debt = 4.68b USD (from longTermDebt, last quarter)
Short Term Debt = 763.6m USD (from shortTermDebt, last quarter)
Debt = 5.74b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.58b USD (from netDebt column, last quarter)
Enterprise Value = 44.68b USD (40.10b + Debt 5.74b - CCE 1.16b)
Interest Coverage Ratio = 8.79 (Ebit TTM 1.77b / Interest Expense TTM 201.2m)
EV/FCF = 20.71x (Enterprise Value 44.68b / FCF TTM 2.16b)
FCF Yield = 4.83% (FCF TTM 2.16b / Enterprise Value 44.68b)
FCF Margin = 18.78% (FCF TTM 2.16b / Revenue TTM 11.49b)
Net Margin = 11.84% (Net Income TTM 1.36b / Revenue TTM 11.49b)
Gross Margin = 37.46% ((Revenue TTM 11.49b - Cost of Revenue TTM 7.19b) / Revenue TTM)
Gross Margin QoQ = 31.58% (prev 30.45%)
Tobins Q-Ratio = 3.29 (Enterprise Value 44.68b / Total Assets 13.58b)
Interest Expense / Debt = 0.90% (Interest Expense 51.5m / Debt 5.74b)
Taxrate = 25.70% (95.6m / 371.9m)
NOPAT = 1.31b (EBIT 1.77b * (1 - 25.70%))
Current Ratio = 1.36 (Total Current Assets 4.40b / Total Current Liabilities 3.23b)
Debt / Equity = 1.26 (Debt 5.74b / totalStockholderEquity, last quarter 4.56b)
Debt / EBITDA = 2.02 (Net Debt 4.58b / EBITDA 2.26b)
Debt / FCF = 2.12 (Net Debt 4.58b / FCF TTM 2.16b)
Total Stockholder Equity = 4.62b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.38% (Net Income 1.36b / Total Assets 13.58b)
RoE = 29.44% (Net Income TTM 1.36b / Total Stockholder Equity 4.62b)
RoCE = 19.03% (EBIT 1.77b / Capital Employed (Equity 4.62b + L.T.Debt 4.68b))
RoIC = 12.99% (NOPAT 1.31b / Invested Capital 10.12b)
WACC = 5.51% (E(40.10b)/V(45.84b) * Re(6.20%) + D(5.74b)/V(45.84b) * Rd(0.90%) * (1-Tc(0.26)))
Discount Rate = 6.20% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.45%
[DCF Debug] Terminal Value 86.98% ; FCFF base≈1.96b ; Y1≈2.09b ; Y5≈2.54b
Fair Price DCF = 476.3 (EV 75.15b - Net Debt 4.58b = Equity 70.57b / Shares 148.2m; r=5.90% [WACC]; 5y FCF grow 7.85% → 2.90% )
EPS Correlation: -28.80 | EPS CAGR: -6.76% | SUE: 0.92 | # QB: 1
Revenue Correlation: 37.37 | Revenue CAGR: 8.71% | SUE: 0.55 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.83 | Chg30d=+0.029 | Revisions Net=+1 | Analysts=15
EPS next Year (2026-12-31): EPS=7.00 | Chg30d=+0.128 | Revisions Net=+8 | Growth EPS=+16.8% | Growth Revenue=+3.7%

Additional Sources for HSY Stock

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