HSY Stock Recent News
HSY LATEST HEADLINES
Hershey (HSY) closed at $166.59 in the latest trading session, marking a +1.44% move from the prior day.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Funding for the Supplemental Nutrition Assistance Program, which covers some grocery costs for low-income Americans, could be slashed by as much as $230 billion over the next 10 years. At the same time, at least 11 states have proposed banning using SNAP benefits to buy soda, candy or other junk food.
Hershey's stock has dropped 40% due to tripled cocoa prices, but this may present a buying opportunity if cocoa prices stabilize. Cocoa prices surged due to supply issues in the Ivory Coast and Ghana, but investments in agriculture could lower prices and improve Hershey's margins. Despite strong recent earnings, Hershey's outlook for 2025 is weak, with expected revenue growth of 2% and a sharp decline in earnings per share.
Shares of Hershey (HSY 0.88%) have fallen roughly 40% from their peak in 2023. The big problem for the confection maker is a steep rise in the price of cocoa, a key ingredient in its chocolates.
So far this year, the S&P 500 index has dropped 19% from its highs. While I typically view these sell-offs as an opportunity to add up on some of my best-performing growth stocks (such as The Trade Desk or Wingstop ), one of my favorite dividend stocks has also fallen through the cracks.
Coca-Cola (KO 2.24%) is a very well-run company, highlighted by its status as a Dividend King. But it is also expensive, with its price-to-sales (P/S) and price-to-earnings (P/E) ratios both above their five-year averages and its dividend yield near decade lows.
Finn Wittrock and Alexandra Daddario as Milton and Catherine Hershey Principal Photography Begins May 2025 Across Pennsylvania HERSHEY, Pa. , April 9, 2025 /PRNewswire/ -- HERSHEY, a major motion picture of chocolate pioneer Milton Hershey and his beloved wife Catherine, 'Kitty', is officially set for production beginning in May 2025.
We took pretzels, packed them with Reese's peanut butter filling, and changed the snack aisle forever HERSHEY, Pa. , April 9, 2025 /PRNewswire/ -- You may want to sit down for this.
Finn Wittrock and Alexandra Daddario as Milton and Catherine Hershey Principal Photography Begins May 2025 Across Pennsylvania HERSHEY, Pa. , April 8, 2025 /PRNewswire/ -- HERSHEY, a major motion picture of chocolate pioneer Milton Hershey and his beloved wife Catherine, 'Kitty', is officially set for production beginning in May 2025.