How to Buy Hershey Co Stock
Hershey Co
Hershey Co is a confectioner company located in Pennsylvania, United States, which is part of the Consumer Defensive sector, and is traded under the ticker HSY on the NYSE exchange.
Hershey Co stock last closed at $184.86, up 1.32% from the previous day, and has decreased 28.79% in one year. It has underperformed other stocks in the Confectioners industry by 0.04 percentage points. Hershey Co stock is currently +3.38% from its 52-week low of $178.82, and -33.23% from its 52-week high of $276.88.
At the moment, there are 203.95M shares of HSY outstanding. The market value of HSY is $37.70B. In the past 24 hours, 1.4M HSY shares were traded.
How to Buy Hershey Co Stock
Wondering how to invest in Hershey Co stock? Here's how.
- Choose where to buy Hershey Co stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Hershey Co stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your information.
- Analyze Hershey Co stock: The Hershey Co ticker symbol is HSY. Is Hershey Co stock a good investment? Should you buy shares of HSY? How do HSY's underlying business fundamentals look? Do top analysts think Hershey Co is a good buy? Why has HSY's stock price moved recently? (Hint: Our stock analysis website can help you understand if HSY is a good stock to buy).
- Place your HSY purchase: Decide if you will purchase HSY shares at the current market price or use a limit order to purchase HSY stock at a particular price.
- Keep tabs on your HSY position: Create a watchlist to watch your investment in Hershey Co stock.
Step 1: Choose where to buy Hershey Co stock
You need an online brokerage account in order to access the NYSE market and buy HSY stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to buy HSY stock today.
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Step 3: Deposit money your brokerage account
Now that you have created your account on the highest rated stock app, you need to deposit funds:
Watch the tutorial below if you need help transferring funds into your investment account.
Step 4: Analyze Hershey Co stock
Once you have identified the best place to buy Hershey Co stock, it's critical to evaluate their stock prior to investing, so you can comprehend the risk and opportunity.
Hershey Co shares quick numbers
HSY Overview
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis.
You can view all of the due diligence checks on HSY's stock page.
Is HSY stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HSY's fair value.
Using relative valuations measures:
- HSY may be overvalued based on its P/E ratio of 19.86x, relative to Confectioners industry P/E ratio of 18.94x
- HSY could be overvalued based on its P/B ratio of 9.2x, relative to Confectioners industry P/B ratio of 3.92x
- HSY may be overvalued based on its PEG ratio of 11.75x
You can access additional valuation analysis on HSY's stock here.
HSY Financial Health
Positive Health Checks:
- HSY profit margin has gone up from 15.8% to 16.7% in the past year.
- HSY's operating cash flow of $2.32B allows it to safely service it's debt of $4.81B.
- HSY earnings of $2.32B is not sufficient to cover its interest payments.
- Total HSY debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- HSY has a relatively high debt to equity ratio of 1.9.
- There are more short-term liabilities than short-term assets on the HSY balance sheet.
- There are more long-term liabilities than short-term assets on the HSY balance sheet.
Is HSY stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 12 Equities analysts who give recommendations on HSY, the consensus analyst rating on Hershey Co is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent HSY Analyst Ratings
Lauren Lieberman, a top 31% analyst from Barclays maintains HSY with a hold rating and raises their HSY price target from $200.00 to $210.00, on Feb 12, 2024.
Pamela Kaufman, a top 11% analyst from Morgan Stanley downgrades HSY to a strong sell rating and lowers their HSY price target from $191.00 to $183.00, on Feb 12, 2024.
Ken Goldman, a top 9% analyst from JP Morgan maintains HSY with a hold rating and raises their HSY price target from $185.00 to $193.00, on Feb 9, 2024.
Alexia Howard, a top 24% analyst from Bernstein upgrades HSY to a buy rating and announces their HSY price target of $235.00, on Jan 29, 2024.
Matthew Smith, a top 23% analyst from Stifel Nicolaus maintains HSY with a hold rating and raises their HSY price target from $195.00 to $205.00, on Jan 25, 2024.
You can dig deeper into what analysts are forecasting on the Hershey Co stock forecast page.
Metrics for Advanced HSY Traders
HSY Growth Metrics
Last year, HSY earnings were $1.86B. During the last five year, HSY's earnings have increased by 10.08% per year. This was slower than the Confectioners industry average of 10.08%.
Last year, HSY revenue was $11.16B. In the last 5 year, HSY's revenue has grown by 7.46% per year. This was faster than the Confectioners industry average of 7%.
You can analyze HSY's earnings and revenue performance here.
Latest Insiders Trades at HSY
Over the last year, executives and large shareholders at HSY have bought more shares than they have sold.
Steven E. Voskuil, SVP Chief Financial Officer of HSY, was the latest HSY insider to sell. They sold $296,850.00 worth of HSY stock on Mar 25, 2024.
Get more info about who owns HSY stock here.
Can I get consistent income from HSY stock?
Hershey Co pays a dividend of 2.59%, compared to the Confectioners industry's average dividend yield of 2.08%. If you owned $1,000 worth of HSY stock, you would have received $25.91 in the past year.
Hershey Co dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Hershey Co dividend yield and history here.
What others are saying about HSY
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Step 5: Place your HSY purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you require more help buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your HSY position
Now that you own some HSY stock, you'll want to stay up-to-date on your investment.
Make a watchlist to get notified of the latest news about your HSY stock.
HSY Feed
How to Buy Stock in Hershey Co
To reiterate, here are the 6 steps to buy Hershey Co stock:
- Choose where to buy Hershey Co stock
- Create a brokerage account
- Deposit money your brokerage account
- Analyze Hershey Co stock
- Place your HSY purchase
- Keep tabs on your HSY position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Hershey Co, create a watchlist on WallStreetZen today.
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