Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Hershey Co before investing.

In this article, we go over a few key elements for understanding Hershey Co’s stock price such as:

• Hershey Co’s current stock price and volume
• Why Hershey Co’s stock price changed recently
• Upgrades and downgrades for HSY from analysts
• HSY’s stock price momentum as measured by its relative strength

About Hershey Co (HSY)

Before we jump into Hershey Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

The Hershey Company is a confectionery company. It produces snack, mints, chocolate, and non-chocolate confectionery. Its segments include North America Confectionery, North America Salty Snacks, and International. North America Confectionery segment consists of traditional chocolate and non-chocolate confectionery markets in the United States and Canada. This includes chocolate and non-chocolate confectionery, gum and refreshment products, protein bars, spreads, snack bites and mixes, as well as pantry, and food service lines. North America Salty Snacks segment includes salty snacking products in the United States. This includes ready-to-eat popcorn, baked and trans-fat free snacks, pretzels, and other snacks. The international segment has operations and manufactures products in Mexico, Brazil, India, and Malaysia for consumers in these regions, and distributes and sells confectionery products in export markets of Asia, Latin America, Middle East, Europe, Africa and other regions.

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Hershey Co’s Stock Price as of Market Close

As of February 08, 2024, 4:00 PM, CST, Hershey Co’s stock price was $202.31.

Hershey Co is up 4.14% from its previous closing price of $194.26.

During the last market session, Hershey Co’s stock traded between $193.77 and $196.40. Currently, there are 204.73 million shares of Hershey Co stock available for purchase.

Hershey Co’s price-earnings (P/E) ratio is currently at 23.3, which is high compared to the Food Processing industry median of 20.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Hershey Co Stock Price History

Hershey Co’s (HSY) price is currently up 4.53% so far this month.

During the month of February, Hershey Co’s stock price has reached a high of $209.68 and a low of $189.57.

Over the last year, Hershey Co has hit prices as high as $276.88 and as low as $178.82. Year to date, Hershey Co’s stock is down 12.64%.

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What Caused Hershey Co Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 07, 2024, there were 6 analysts who downgraded Hershey Co’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Hershey Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Hershey Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Hershey Co’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Hershey Co (HSY) by visiting AAII Stock Evaluator.

Relative Price Strength of Hershey Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 07, 2024, Hershey Co has a weighted four-quarter relative price strength of -8.16%, which translates to a Momentum Score of 42 and is considered to be Average.

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Hershey Co Stock Price: Bottom Line

As of February 8, 2024, Hershey Co’s stock price is $202.31, which is up 4.14% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Hershey Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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