HSY Stock Recent News

Hershey currently pays an above-industry-average dividend yield. However, investors shouldn't over-focus on Hershey's cash payouts.

Net sales and net income fell amid falling consumer spending. The struggles in the stock have coincided with a rising dividend.

HERSHEY, Pa. , Sept. 5, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced the appointment of Michael Del Pozzo as President, U.S. Confection, effective September 16.

In the latest trading session, Hershey (HSY) closed at $193.06, marking a +0.71% move from the previous day.

Even with Halloween fast approaching, Citigroup is staying away from Hershey Co  (NYSE:HSY).

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Exclusive Collection Featuring Custom Logos and Jerseys Inspired by Angel's Fans: "The Reese's Pieces" HERSHEY, Pa. , Aug. 21, 2024 /PRNewswire/ -- Hold onto your Reese's Pieces candy, Angel fans!

Hershey is a timeless brand and its shares offer the best value to investors in years. UPS is offering its highest yield in history and expects to pay $5.4 billion in dividends to shareholders this year.

Hershey stock was rated bullish until March 2024, then downgraded to neutral due to declining sales and concerns about overvaluation. Quarterly results showed a 16.7% decline in sales, with poor consumer confidence, increasing accounts receivable, and high inventory levels raising concerns about future profitability. Despite overvaluation concerns, HSY's strong brand, dividend history, and potential interest rate cuts justify a current neutral rating.

Hershey is one of the few stocks I bought in the TTM. Hershey stock has seen a severe pullback but may be bottoming out, with a focus on cocoa and sugar prices. Despite a miss in Q2 earnings, Hershey's stock did not plunge, showing potential resilience in the face of challenges.