P/E Ratio Insights for Hershey
Portfolio Pulse from Benzinga Insights
Hershey Inc.'s stock is currently trading at $187.85, after a 0.07% decrease. Over the past month, the stock decreased by 3.34%, and in the past year, by 18.70%. The company's P/E ratio is lower than the aggregate P/E of 29.93 of the Food Products industry. This could indicate that the stock is undervalued, but it could also suggest that shareholders do not expect future growth.

November 06, 2023 | 5:30 pm
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Hershey's stock has been decreasing and its P/E ratio is lower than the industry average. This could indicate that the stock is undervalued or that shareholders do not expect future growth.
Hershey's stock has been decreasing over the past month and year. Its P/E ratio, which is lower than the industry average, could indicate that the stock is undervalued. However, it could also suggest that shareholders do not expect the company to grow in the future. This could potentially lead to a further decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100