Inside the research
The Hershey Company
HSY Research profile · latest available data
Price overview
$166.37
▼ -0.51 (-0.3%)
| 52w hi | $232.65 |
|---|---|
| 52w lo | $157.56 |
| Vol | 989.20K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.18
| Short | -0.31 |
|---|---|
| Medium | -0.22 |
| Long | +0.15 |
computed 2026-09-27
Key fundamentals
The Hershey Company
Consumer Defensive · Confectioners
| Market cap | $33.43B |
|---|---|
| Enterprise value | $38.56B |
| Trailing P/E | 22.73x |
| Forward P/E | 16.86x |
| EV / EBITDA | 14.17x |
| P / S (ttm) | 2.75x |
| Profit margin | 12.2% |
| Return on equity | 32.8% |
| Revenue growth | +6.6% |
| Earnings growth | +631.0% |
| Debt / equity | 129.82 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.34 | |
| Sector | -0.01 | |
| Technical | -0.25 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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. It operates through three segments: North America Confectionery, North America Salty Snacks, and International. The company offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. It provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Sour Strips, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. The company markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. It exports its products in approximately 65 countries worldwide. The Hershey Company was founded in 1894 and is based in Hershey, Pennsylvania.
Risk Metrics
| Beta vs SPX | 0.01 |
|---|---|
| Corr SPX | 0.01 |
| Annual vol | 28.4% |
| Annual ret | -4.1% |
| Sharpe | -0.14 |
| Max DD | -29.6% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $217.39 |
|---|---|
| High / Low | $255.00 / $166.00 |
| Median | $215.00 |
| Analysts | 23 |
| Strong Buy | 4 | |
|---|---|---|
| Buy | 4 | |
| Hold | 16 | |
| Sell | 1 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-04 | DA Davidson | → Neutral |
| 2026-05-04 | Barclays | → Equal-Weight |
| 2026-05-01 | Wells Fargo | → Equal-Weight |
| 2026-05-01 | UBS | → Neutral |
| 2026-05-01 | TD Cowen | → Buy |
| 2026-05-01 | JP Morgan | → Neutral |
Officers & Board
| Founder | Milton S. Hershey current |
|---|
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Earnings Release, Exhibits | read |
| 2026-06-09 | Officer / Director Change, Exhibits | read |
| 2026-05-28 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-05-08 | Shareholder Vote, Exhibits | read |
| 2026-04-30 | Earnings Release, Exhibits | read |
| 2026-04-14 | Officer / Director Change, Exhibits | read |
| 2026-03-31 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-05 | Earnings Release, Exhibits | read |
| 2025-12-05 | Bylaws Amendment, Exhibits | read |
| 2025-10-30 | Earnings Release, Exhibits | read |
| 2025-10-21 | Material Agreement, Termination of Agreement… | read |
| 2025-08-27 | Officer / Director Change, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-12 | Hoytink Heather Carol | President US | Grant | 12.02K | — |
| 2026-08-10 | Taffet Stacy | Chief Growth and Mktg Off | Withheld for tax | 1.89K | $345.03K |
| 2026-08-06 | McCalman Jennifer | VP, Chief Accounting Offi | Sell | 710 | $128.35K |
| 2026-08-05 | Voskuil Steven E | SVP, Chief Financial Offi | Sell | 950 | $171.00K |
Flow & Concentration
| Insider 180d net | -$299.35K |
|---|---|
| Insider buys / sells | 0 / 2 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Connections
Subsidiarys: The Hershey Salty Snacks Company
Dividends
| Yield (TTM) | 1.70% |
|---|---|
| $ / share (TTM) | $2.82 |
| 5y CAGR | +11.7% |
Annual dividend per share
| 2021 | $3.41 |
|---|---|
| 2022 | $3.87 |
| 2023 | $4.46 |
| 2024 | $5.48 |
| 2025 | $5.48 |
| 2026 | $1.45 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $11.69B | +5.1% | |
| Gross profit | $3.92B | +15.5% | |
| Operating income | $1.44B | -1.5% | |
| Net income | $883.26M | +5.2% | |
| Cash from ops | $2.32B | +10.5% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $166.50 | $167.75 | $166.04 | $166.37 | 989.20K |
| Sep 24 | $169.33 | $170.12 | $166.55 | $166.88 | 991.10K |
| Sep 23 | $168.73 | $169.71 | $167.48 | $168.45 | 1.07M |
| Sep 22 | $169.12 | $169.57 | $168.04 | $168.46 | 1.20M |
| Sep 21 | $170.00 | $170.50 | $167.09 | $167.90 | 1.44M |
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