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Hormel Foods Corporation

Consumer Defensive
$53.37
+ $0.16 (0.30%) 1D
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Performance

Today’s Low
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    Today’s High
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      Open PricePrev. CloseVolumeAvg. Volume
      $53.31$53.372441,696,119

      Fundamentals

      Market Cap$29.08B
      P/B Ratio4.1
      P/E Ratio31.4
      Enterprise Value$31.58B
      Div. Yield1.95%
      Book Value13.08
      EPS(TTM)0.44
      ROENA
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      About the Company

      Headquartered in Austin, Minnesota, Hormel Food Corporation is a processed food manufacturing and marketing company. With more than 20,000 employees, it is offering its products to over 75 countries across the globe. The company primarily focuses on
      Headquartered in Austin, Minnesota, Hormel Food Corporation is a processed food manufacturing and marketing company. With more than 20,000 employees, it is offering its products to over 75 countries across the globe. The company primarily focuses on packaging and marketing products made out of ham, sausage, pork, beef, lamb, etc. As of 2020, it offers over 50 brands under its name like Hormel Bacon 1, Real Bacon Toppings, Premium Chicken Breasts, Applegate, happy Little Plants, Lloyds Barbeque, Hormel Fuse Burger, Wholly Guacamole, Spam, Side Dishes, Mary Kitchen Hash, Hormel Gatherings, Don Miguel, Hormel Health Labs, Dinty Moore, Columbus Craft Meats, etc. George A. Hormel founded Hormel in 1891 and named it George A. Hormel & Company. In 1926, the company developed the first-ever canned ham in the world. Its most iconic brand - Hormel Spam was introduced in 1937, following which it founded the Hormel Institute, producing sustenance for American soldiers in World War II. In 1959, it became the first meatpacker to get the Seal of Approval from the American Humane Society for their practice of using anaesthetics before slaughtering animals. During 1973, it also became the first to add nutritional labels on the packaging of its meat products. Over the next few decades, it expanded its business by acquiring companies like Jennie-O Foods, The Turkey Store, Applegate Farms, Justin’s, Columbus Manufacturing, etc. It started trading in the New York Stock Exchange in 1990 under the ticker symbol HRL. The company finally changed its name to Hormel Foods Corporation in 1993 in order to accurately reflect its presence in the industry. As of 2020, it is one of the components under the S&P 500 index. Hormel Foods Corporation has been a Fortune 500 member for over two decades, and as of 2020, it is the 337th company on that list. In 2020, Forbes has also recognised it under two lists, namely Global 200 and America’s Best Employers By State. For 12 years, the company has also consecutively maintained a position in the United States’ list of 100 Best Corporate Citizens.
      ...Read more
      OrganisationHormel Foods Corporation
      IndustryPackaged Foods
      HeadQuartersAustin, MN

      Company Financials

      *All values are in Million $
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      FAQs on Hormel Foods Corporation

      Can I Buy Hormel Foods Corporation Shares in India?

      Yes, Hormel Foods Corporation shares can be bought in India by opening an international trading account with Groww.

      How to Buy Hormel Foods Corporation Shares in India?

      One can easily invest in Hormel Foods Corporation shares from India by: Direct Investment - Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy Hormel Foods Corporation shares. Indirect Investment - Under this form of investment, you can choose either a Mutual Fund (MF) or an Exchange-Traded Fund (ETF) that invests in global shares and start investing in shares of Hormel Foods Corporation.

      What is the Share Price of Hormel Foods Corporation?

      The share price of Hormel Foods Corporation is in Dollars and if you are investing from India, you can always check the INR valuation before investing. The current Hormel Foods Corporation share price is $53.37 as of 17 May ‘22

      What is the Market Cap of Hormel Foods Corporation?

      The Hormel Foods Corporation market cap is $29.08B as of 17 May ‘22

      What is the PE and PB ratio of Hormel Foods Corporation?

      The PE and PB ratio of Hormel Foods Corporation is 31.4 and 4.1 as of 17 May ‘22
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