Hormel Foods Stock Z Score

HRL Stock

USD 34.38 0.34 1.00%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Hormel Foods Piotroski F Score and Hormel Foods Valuation analysis.

For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.

At this time, Hormel Foods' Total Debt To Capitalization is quite stable compared to the past year. Return On Capital Employed is expected to rise to 0.20 this year, although the value of Capital Stock will most likely fall to about 8.7 M. At this time, Hormel Foods' EBITDA is quite stable compared to the past year. Cost Of Revenue is expected to rise to about 12.2 B this year, although the value of Gross Profit will most likely fall to about 1.3 B.

Hormel Foods Company Z Score Analysis

Hormel Foods' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Hormel Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Hormel Foods is extremely important. It helps to project a fair market value of Hormel Stock properly, considering its historical fundamentals such as Z Score. Since Hormel Foods' 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 Hormel Foods' 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 Hormel Foods' 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	Good Will	Short Term Investments	Common Stock	Current Deferred Revenue	Long Term Debt	Property Plant Equipment	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Long Term Debt Total	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.86	0.97	0.94	0.98	0.92	0.51	0.36	0.98	0.98	0.05	-0.61	0.58	0.89	0.71	-0.54	0.95	0.76	-0.63	0.92	0.46	0.62	0.89	0.53	0.71
Total Stockholder Equity	0.98		0.78	1.0	0.94	0.93	0.92	0.5	0.4	0.99	0.96	-0.01	-0.65	0.53	0.81	0.72	-0.43	0.92	0.73	-0.7	0.84	0.46	0.63	0.83	0.52	0.67
Net Debt	0.86	0.78		0.74	0.75	0.94	0.68	0.48	0.24	0.79	0.92	0.07	-0.4	0.6	0.95	0.66	-0.83	0.89	0.76	-0.3	0.98	0.44	0.37	0.9	0.35	0.71
Retained Earnings	0.97	1.0	0.74		0.94	0.91	0.92	0.49	0.42	0.99	0.94	-0.01	-0.66	0.5	0.78	0.7	-0.39	0.89	0.7	-0.73	0.8	0.45	0.62	0.8	0.51	0.65
Net Receivables	0.94	0.94	0.75	0.94		0.91	0.94	0.48	0.52	0.97	0.9	0.04	-0.71	0.46	0.8	0.59	-0.49	0.81	0.64	-0.7	0.81	0.37	0.54	0.77	0.5	0.61
Total Liab	0.98	0.93	0.94	0.91	0.91		0.89	0.5	0.29	0.94	0.98	0.12	-0.55	0.62	0.95	0.68	-0.65	0.95	0.77	-0.52	0.97	0.43	0.59	0.93	0.53	0.72
Total Current Assets	0.92	0.92	0.68	0.92	0.94	0.89		0.47	0.31	0.92	0.85	0.2	-0.66	0.52	0.77	0.61	-0.3	0.83	0.67	-0.63	0.79	0.38	0.73	0.78	0.64	0.62
Short Term Debt	0.51	0.5	0.48	0.49	0.48	0.5	0.47		0.44	0.44	0.48	-0.01	-0.61	-0.04	0.31	0.62	-0.19	0.47	0.79	-0.09	0.48	0.97	0.25	0.4	-0.12	0.67
Intangible Assets	0.36	0.4	0.24	0.42	0.52	0.29	0.31	0.44		0.44	0.34	-0.41	-0.5	-0.26	0.18	0.28	-0.31	0.19	0.18	-0.43	0.19	0.32	-0.08	0.12	-0.06	0.19
Accounts Payable	0.98	0.99	0.79	0.99	0.97	0.94	0.92	0.44	0.44		0.95	0.01	-0.66	0.53	0.83	0.68	-0.5	0.89	0.68	-0.72	0.84	0.38	0.57	0.82	0.52	0.64
Good Will	0.98	0.96	0.92	0.94	0.9	0.98	0.85	0.48	0.34	0.95		0.01	-0.53	0.58	0.92	0.72	-0.65	0.96	0.75	-0.59	0.95	0.45	0.55	0.91	0.5	0.7
Short Term Investments	0.05	-0.01	0.07	-0.01	0.04	0.12	0.2	-0.01	-0.41	0.01	0.01		-0.08	0.25	0.14	-0.01	0.04	0.06	0.13	0.25	0.14	-0.04	0.11	0.12	0.13	0.08
Common Stock	-0.61	-0.65	-0.4	-0.66	-0.71	-0.55	-0.66	-0.61	-0.5	-0.66	-0.53	-0.08		-0.22	-0.33	-0.6	0.08	-0.48	-0.64	0.31	-0.42	-0.55	-0.17	-0.27	-0.11	-0.63
Current Deferred Revenue	0.58	0.53	0.6	0.5	0.46	0.62	0.52	-0.04	-0.26	0.53	0.58	0.25	-0.22		0.62	0.44	-0.31	0.69	0.54	-0.09	0.65	-0.04	0.45	0.64	0.37	0.48
Long Term Debt	0.89	0.81	0.95	0.78	0.8	0.95	0.77	0.31	0.18	0.83	0.92	0.14	-0.33	0.62		0.54	-0.77	0.89	0.62	-0.43	0.97	0.25	0.52	0.93	0.6	0.61
Property Plant Equipment	0.71	0.72	0.66	0.7	0.59	0.68	0.61	0.62	0.28	0.68	0.72	-0.01	-0.6	0.44	0.54		-0.33	0.8	0.8	-0.26	0.66	0.65	0.27	0.61	0.1	0.72
Net Tangible Assets	-0.54	-0.43	-0.83	-0.39	-0.49	-0.65	-0.3	-0.19	-0.31	-0.5	-0.65	0.04	0.08	-0.31	-0.77	-0.33		-0.54	-0.36	0.17	-0.73	-0.13	0.05	-0.67	-0.11	-0.39
Deferred Long Term Liab	0.95	0.92	0.89	0.89	0.81	0.95	0.83	0.47	0.19	0.89	0.96	0.06	-0.48	0.69	0.89	0.8	-0.54		0.82	-0.46	0.94	0.46	0.63	0.91	0.51	0.75
Long Term Investments	0.76	0.73	0.76	0.7	0.64	0.77	0.67	0.79	0.18	0.68	0.75	0.13	-0.64	0.54	0.62	0.8	-0.36	0.82		-0.14	0.77	0.79	0.44	0.7	0.08	0.86
Accumulated Depreciation	-0.63	-0.7	-0.3	-0.73	-0.7	-0.52	-0.63	-0.09	-0.43	-0.72	-0.59	0.25	0.31	-0.09	-0.43	-0.26	0.17	-0.46	-0.14		-0.37	-0.05	-0.44	-0.42	-0.47	-0.01
Long Term Debt Total	0.92	0.84	0.98	0.8	0.81	0.97	0.79	0.48	0.19	0.84	0.95	0.14	-0.42	0.65	0.97	0.66	-0.73	0.94	0.77	-0.37		0.43	0.53	0.94	0.49	0.73
Short Long Term Debt	0.46	0.46	0.44	0.45	0.37	0.43	0.38	0.97	0.32	0.38	0.45	-0.04	-0.55	-0.04	0.25	0.65	-0.13	0.46	0.79	-0.05	0.43		0.22	0.36	-0.19	0.66
Cash And Equivalents	0.62	0.63	0.37	0.62	0.54	0.59	0.73	0.25	-0.08	0.57	0.55	0.11	-0.17	0.45	0.52	0.27	0.05	0.63	0.44	-0.44	0.53	0.22		0.65	0.73	0.43
Net Invested Capital	0.89	0.83	0.9	0.8	0.77	0.93	0.78	0.4	0.12	0.82	0.91	0.12	-0.27	0.64	0.93	0.61	-0.67	0.91	0.7	-0.42	0.94	0.36	0.65		0.5	0.7
Net Working Capital	0.53	0.52	0.35	0.51	0.5	0.53	0.64	-0.12	-0.06	0.52	0.5	0.13	-0.11	0.37	0.6	0.1	-0.11	0.51	0.08	-0.47	0.49	-0.19	0.73	0.5		0.17
Capital Stock	0.71	0.67	0.71	0.65	0.61	0.72	0.62	0.67	0.19	0.64	0.7	0.08	-0.63	0.48	0.61	0.72	-0.39	0.75	0.86	-0.01	0.73	0.66	0.43	0.7	0.17

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Hormel Foods

According to the company's disclosures, Hormel Foods has a Z Score of 0.0. This is 100.0% lower than that of the Food Products sector and 100.0% lower than that of the Consumer Staples industry. The z score for all United States stocks is 100.0% higher than that of the company.

Hormel Foods 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, Hormel Foods' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hormel Foods' managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Hormel Foods Institutional Holders

Institutional Holdings refers to the ownership stake in Hormel Foods that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hormel Foods' 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 Hormel Foods' value.

		Shares
Renaissance Technologies Corp	2023-12-31	3.5 M
Northern Trust Corp	2023-12-31	2.9 M
Stifel Financial Corp	2023-12-31	2.7 M
First Trust Advisors L.p.	2023-12-31	2.6 M
Dimensional Fund Advisors, Inc.	2023-12-31	2.5 M
Gates Bill & Melinda Foundation	2023-09-30	2.2 M
Legal & General Group Plc	2023-12-31	2.1 M
Norges Bank	2023-12-31	1.9 M
Capital Research & Mgmt Co - Division 3	2023-12-31	1.9 M
Vanguard Group Inc	2023-12-31	34.8 M
Blackrock Inc	2023-12-31	27.7 M

Hormel Fundamentals

	Return On Equity	0.1
	Return On Asset	0.0491
	Profit Margin	0.07 %
	Operating Margin	0.09 %
	Current Valuation	20.91 B
	Shares Outstanding	547.69 M
	Shares Owned By Insiders	0.20 %
	Shares Owned By Institutions	89.25 %
	Number Of Shares Shorted	10.14 M
	Price To Earning	27.15 X
	Price To Book	2.37 X
	Price To Sales	1.53 X
	Revenue	12.11 B
	Gross Profit	2 B
	EBITDA	1.37 B
	Net Income	792.92 M
	Cash And Equivalents	982.11 M
	Cash Per Share	1.59 X
	Total Debt	3.31 B
	Debt To Equity	0.45 %
	Current Ratio	2.40 X
	Book Value Per Share	14.32 X
	Cash Flow From Operations	1.05 B
	Short Ratio	2.82 X
	Earnings Per Share	1.45 X
	Price To Earnings To Growth	2.96 X
	Target Price	32.29
	Number Of Employees	20 K
	Beta	0.28
	Market Capitalization	18.57 B
	Total Asset	13.45 B
	Retained Earnings	7.49 B
	Working Capital	985.47 M
	Current Asset	2.03 B
	Current Liabilities	1.05 B
	Annual Yield	0.03 %
	Five Year Return	1.97 %
	Net Asset	13.45 B
	Last Dividend Paid	1.11

About Hormel Foods Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hormel Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hormel Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hormel Foods 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.

Hormel Foods Investors Sentiment

The influence of Hormel Foods' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hormel. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Hormel Foods' public news can be used to forecast risks associated with an investment in Hormel. The trend in average sentiment can be used to explain how an investor holding Hormel can time the market purely based on public headlines and social activities around Hormel Foods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Hormel Foods' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hormel Foods' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hormel Foods' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hormel Foods.

Hormel Foods Implied Volatility

101.03

Hormel Foods' implied volatility exposes the market's sentiment of Hormel Foods stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hormel Foods' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hormel Foods stock will not fluctuate a lot when Hormel Foods' options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hormel Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hormel Foods' short interest history, or implied volatility extrapolated from Hormel Foods options trading.

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When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:

How To Invest In Hormel

Details

Is Hormel Stock a good investment?

Details

What is Hormel Foods' Net Worth?

Details

Largest Packaged Foods & Meats Companies

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Largest Food, Beverage & Tobacco Companies

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Check out Hormel Foods Piotroski F Score and Hormel Foods Valuation analysis.

For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.

You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Hormel Stock analysis

When running Hormel Foods' price analysis, check to measure Hormel Foods' 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 Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.

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Is Hormel Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.004

Dividend Share

1.108

Earnings Share

1.45

Revenue Per Share

22.203

Quarterly Revenue Growth

0.009

The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Hormel Foods Stock Z Score

Hormel Foods Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Hormel Z Score Driver Correlations

Hormel Foods ESG Sustainability

Hormel Foods Institutional Holders

Hormel Fundamentals

About Hormel Foods Fundamental Analysis

Hormel Foods Investors Sentiment

Hormel Foods Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Hormel Stock analysis

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