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Added to YB: 2024-04-22

Pitch date: 2024-03-31

HSY [bullish]

The Hershey Company

-2.37%

current return

Author Info

No bio for this author

Company Info

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Market Cap

$37.5B

Pitch Price

$186.25

Price Target

N/A

Dividend

2.96%

EV/EBITDA

16.78

P/E

27.66

EV/Sales

3.67

Sector

Food Products

Category

value

Show full summary:
Heartland Mid Cap Value Fund New Portfolio Holding: The Hershey Company

HSY: 35% off highs on volume & margin pressure. Cocoa costs up but price hikes will stick post-spike. Supply chain fixed, innovation/capacity to fuel growth. Trades near historic lows vs staples & market despite strong brands (Hershey's, Reese's) & prospects to balance profits & share.

Read full article (1 min)