Hershey Co Stock Beta

HSY Stock

USD 174.09 0.80 0.46%

Hershey Co fundamentals help investors to digest information that contributes to Hershey's financial success or failures. It also enables traders to predict the movement of Hershey Stock. The fundamental analysis module provides a way to measure Hershey's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hershey stock.

Short Long Term Debt Total Total Assets

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Hershey Co Company Beta Analysis

Hershey's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Hershey Beta

0.37

Most of Hershey's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hershey Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hershey Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Hershey is extremely important. It helps to project a fair market value of Hershey Stock properly, considering its historical fundamentals such as Beta. Since Hershey's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hershey's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hershey's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock	Long Term Investments
Total Assets		0.92	0.94	-0.14	0.69	0.98	0.58	0.78	0.96	0.93	-0.29	0.77	0.96	0.55	0.76	-0.25	-0.73	0.79	0.86	0.97	0.74	0.51	0.77	-0.03	-0.88	0.76
Total Stockholder Equity	0.92		0.78	-0.27	0.48	0.82	0.41	0.63	0.91	0.93	-0.38	0.56	0.9	0.67	0.69	-0.21	-0.55	0.63	0.71	0.97	0.59	0.4	0.76	-0.1	-0.88	0.88
Net Debt	0.94	0.78		-0.13	0.7	0.96	0.47	0.86	0.95	0.82	-0.33	0.83	0.95	0.47	0.78	-0.16	-0.89	0.86	0.9	0.89	0.85	0.49	0.72	-0.06	-0.82	0.64
Retained Earnings	-0.14	-0.27	-0.13		0.34	-0.06	0.24	0.19	-0.29	-0.01	0.89	-0.25	-0.34	-0.88	0.0	-0.63	0.32	-0.37	-0.13	-0.28	0.05	-0.33	-0.28	-0.3	0.57	-0.12
Net Receivables	0.69	0.48	0.7	0.34		0.76	0.83	0.72	0.56	0.64	0.04	0.71	0.56	0.04	0.85	-0.41	-0.48	0.61	0.84	0.56	0.6	0.28	0.49	-0.05	-0.45	0.48
Total Liab	0.98	0.82	0.96	-0.06	0.76		0.63	0.82	0.92	0.88	-0.23	0.83	0.93	0.45	0.75	-0.25	-0.79	0.83	0.89	0.9	0.77	0.53	0.73	0.01	-0.83	0.64
Total Current Assets	0.58	0.41	0.47	0.24	0.83	0.63		0.39	0.4	0.49	0.05	0.67	0.42	0.1	0.59	-0.41	-0.26	0.56	0.67	0.47	0.33	0.47	0.47	0.23	-0.4	0.33
Short Term Debt	0.78	0.63	0.86	0.19	0.72	0.82	0.39		0.78	0.75	-0.1	0.59	0.76	0.14	0.76	-0.28	-0.73	0.58	0.77	0.72	0.92	0.25	0.47	-0.35	-0.54	0.57
Intangible Assets	0.96	0.91	0.95	-0.29	0.56	0.92	0.4	0.78		0.87	-0.46	0.77	0.99	0.64	0.75	-0.1	-0.84	0.83	0.85	0.97	0.79	0.47	0.79	-0.09	-0.91	0.78
Accounts Payable	0.93	0.93	0.82	-0.01	0.64	0.88	0.49	0.75	0.87		-0.14	0.54	0.84	0.45	0.72	-0.35	-0.53	0.57	0.74	0.9	0.68	0.32	0.68	-0.2	-0.78	0.86
Common Stock	-0.29	-0.38	-0.33	0.89	0.04	-0.23	0.05	-0.1	-0.46	-0.14		-0.49	-0.51	-0.86	-0.36	-0.51	0.52	-0.59	-0.43	-0.44	-0.27	-0.37	-0.42	-0.16	0.65	-0.33
Long Term Debt	0.77	0.56	0.83	-0.25	0.71	0.83	0.67	0.59	0.77	0.54	-0.49		0.81	0.5	0.73	-0.02	-0.85	0.98	0.91	0.72	0.67	0.63	0.72	0.23	-0.75	0.43
Good Will	0.96	0.9	0.95	-0.34	0.56	0.93	0.42	0.76	0.99	0.84	-0.51	0.81		0.68	0.74	-0.06	-0.86	0.87	0.86	0.97	0.78	0.52	0.79	-0.05	-0.92	0.74
Treasury Stock	0.55	0.67	0.47	-0.88	0.04	0.45	0.1	0.14	0.64	0.45	-0.86	0.5	0.68		0.37	0.37	-0.49	0.61	0.48	0.67	0.24	0.44	0.59	0.19	-0.86	0.53
Property Plant Equipment	0.76	0.69	0.78	0.0	0.85	0.75	0.59	0.76	0.75	0.72	-0.36	0.73	0.74	0.37		-0.24	-0.62	0.72	0.92	0.74	0.72	0.3	0.66	-0.13	-0.66	0.75
Current Deferred Revenue	-0.25	-0.21	-0.16	-0.63	-0.41	-0.25	-0.41	-0.28	-0.1	-0.35	-0.51	-0.02	-0.06	0.37	-0.24		-0.13	0.04	-0.11	-0.13	-0.14	-0.04	0.02	0.1	-0.1	-0.24
Net Tangible Assets	-0.73	-0.55	-0.89	0.32	-0.48	-0.79	-0.26	-0.73	-0.84	-0.53	0.52	-0.85	-0.86	-0.49	-0.62	-0.13		-0.89	-0.79	-0.72	-0.81	-0.48	-0.65	0.01	0.72	-0.42
Long Term Debt Total	0.79	0.63	0.86	-0.37	0.61	0.83	0.56	0.58	0.83	0.57	-0.59	0.98	0.87	0.61	0.72	0.04	-0.89		0.9	0.78	0.69	0.66	0.78	0.23	-0.82	0.49
Capital Surpluse	0.86	0.71	0.9	-0.13	0.84	0.89	0.67	0.77	0.85	0.74	-0.43	0.91	0.86	0.48	0.92	-0.11	-0.79	0.9		0.82	0.78	0.51	0.75	0.04	-0.8	0.65
Deferred Long Term Liab	0.97	0.97	0.89	-0.28	0.56	0.9	0.47	0.72	0.97	0.9	-0.44	0.72	0.97	0.67	0.74	-0.13	-0.72	0.78	0.82		0.71	0.5	0.8	-0.06	-0.91	0.81
Short Long Term Debt	0.74	0.59	0.85	0.05	0.6	0.77	0.33	0.92	0.79	0.68	-0.27	0.67	0.78	0.24	0.72	-0.14	-0.81	0.69	0.78	0.71		0.28	0.51	-0.38	-0.56	0.59
Cash And Equivalents	0.51	0.4	0.49	-0.33	0.28	0.53	0.47	0.25	0.47	0.32	-0.37	0.63	0.52	0.44	0.3	-0.04	-0.48	0.66	0.51	0.5	0.28		0.67	0.74	-0.56	0.16
Net Invested Capital	0.77	0.76	0.72	-0.28	0.49	0.73	0.47	0.47	0.79	0.68	-0.42	0.72	0.79	0.59	0.66	0.02	-0.65	0.78	0.75	0.8	0.51	0.67		0.29	-0.78	0.72
Net Working Capital	-0.03	-0.1	-0.06	-0.3	-0.05	0.01	0.23	-0.35	-0.09	-0.2	-0.16	0.23	-0.05	0.19	-0.13	0.1	0.01	0.23	0.04	-0.06	-0.38	0.74	0.29		-0.14	-0.3
Capital Stock	-0.88	-0.88	-0.82	0.57	-0.45	-0.83	-0.4	-0.54	-0.91	-0.78	0.65	-0.75	-0.92	-0.86	-0.66	-0.1	0.72	-0.82	-0.8	-0.91	-0.56	-0.56	-0.78	-0.14		-0.7
Long Term Investments	0.76	0.88	0.64	-0.12	0.48	0.64	0.33	0.57	0.78	0.86	-0.33	0.43	0.74	0.53	0.75	-0.24	-0.42	0.49	0.65	0.81	0.59	0.16	0.72	-0.3	-0.7

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Hershey

In accordance with the recently published financial statements, Hershey Co has a Beta of 0.374. This is 69.59% lower than that of the Food Products sector and 107.78% higher than that of the Consumer Staples industry. The beta for all United States stocks is notably lower than that of the firm.

Hershey Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hershey's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hershey could also be used in its relative valuation, which is a method of valuing Hershey by comparing valuation metrics of similar companies.

Hershey is currently under evaluation in beta category among its peers.

Hershey ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hershey's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hershey's managers, analysts, and investors.

Environmental

Governance

Social

Hershey Institutional Holders

Institutional Holdings refers to the ownership stake in Hershey that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hershey's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hershey's value.

		Shares
Norges Bank	2024-06-30	1.7 M
Hhg Plc	2024-06-30	1.5 M
Legal & General Group Plc	2024-06-30	1.5 M
Macquarie Group Ltd	2024-06-30	1.5 M
Amvescap Plc.	2024-06-30	1.4 M
Northern Trust Corp	2024-09-30	1.4 M
Amundi	2024-06-30	1.2 M
Ubs Asset Mgmt Americas Inc	2024-09-30	1.2 M
Bank Of New York Mellon Corp	2024-06-30	1.2 M
Vanguard Group Inc	2024-09-30	19.4 M
Blackrock Inc	2024-06-30	12.8 M

As returns on the market increase, Hershey's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hershey is expected to be smaller as well.

Hershey Fundamentals

	Return On Equity	0.43
	Return On Asset	0.13
	Profit Margin	0.16 %
	Operating Margin	0.22 %
	Current Valuation	40.26 B
	Shares Outstanding	147.74 M
	Shares Owned By Insiders	0.24 %
	Shares Owned By Institutions	87.84 %
	Number Of Shares Shorted	7.92 M
	Price To Earning	30.09 X
	Price To Book	8.38 X
	Price To Sales	3.21 X
	Revenue	11.16 B
	Gross Profit	4.5 B
	EBITDA	2.75 B
	Net Income	1.86 B
	Cash And Equivalents	463.89 M
	Cash Per Share	1.60 X
	Total Debt	5.13 B
	Debt To Equity	1.69 %
	Current Ratio	0.80 X
	Book Value Per Share	20.78 X
	Cash Flow From Operations	2.32 B
	Short Ratio	4.36 X
	Earnings Per Share	8.70 X
	Price To Earnings To Growth	4.70 X
	Target Price	183.65
	Number Of Employees	18.65 K
	Beta	0.37
	Market Capitalization	35.23 B
	Total Asset	11.9 B
	Retained Earnings	4.56 B
	Working Capital	(96.25 M)
	Current Asset	1.85 B
	Current Liabilities	2.22 B
	Annual Yield	0.03 %
	Five Year Return	2.13 %
	Net Asset	11.9 B
	Last Dividend Paid	5.3

About Hershey Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hershey Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hershey using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hershey Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Hershey Stock Analysis

When running Hershey's price analysis, check to measure Hershey's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hershey is operating at the current time. Most of Hershey's value examination focuses on studying past and present price action to predict the probability of Hershey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hershey's price. Additionally, you may evaluate how the addition of Hershey to your portfolios can decrease your overall portfolio volatility.

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