Price Over Earnings Overview: Hershey
Portfolio Pulse from Benzinga Insights
Hershey Inc. (NYSE:HSY) is trading at $184.85, down 0.44%. Over the past month, the stock fell by 4.39%, and by 2.86% over the past year. Its P/E ratio of 20.56 is lower than the Food Products industry average of 34.02, suggesting potential undervaluation or weak growth prospects.
October 21, 2024 | 6:00 pm
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Hershey's stock is trading at $184.85, with a P/E ratio of 20.56, lower than the industry average. This could indicate undervaluation or weak growth prospects.
Hershey's lower P/E ratio compared to the industry average suggests it might be undervalued or expected to underperform. The stock's recent decline adds to the uncertainty, making the short-term impact neutral as investors weigh these factors.
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