Hershey Co. HSY
Specialty Foods · data as of November 13, 2026
Hershey Co. (HSY) is a consumer staples company listed in the US with a market value of about $35.0B. In the twelve months to September 27, 2026 it had revenue of $12.3B and net income of $1.8B, a net margin of 14.6%.
Its overall Stock Analiz score is 2.6 out of 5 (average). The strongest part is shareholder returns (4/5); the weakest is future growth (0/5).
Key numbers: a P/E of 19.7, a price to free cash flow of 16.5, 5-year revenue growth of 7% a year, a 5-year average ROIC of 22%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 12% below the current price.
Score: 2.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
- Positive free cash flow
- Interest covered more than 5 times
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.3B | $11.7B | $11.2B | $11.2B | $10.4B | $9.0B | $8.1B | $8.0B | $7.8B | $7.5B | $7.4B |
| Net income | $1.8B | $883M | $2.2B | $1.9B | $1.6B | $1.5B | $1.3B | $1.1B | $1.2B | $783M | $720M |
| Free cash flow | $2.1B | $1.8B | $1.9B | $1.6B | $1.8B | $1.6B | $1.3B | $1.4B | $1.3B | $992M | $744M |
| EPS (diluted) | $8.84 | $4.39 | — | — | — | — | — | — | — | — | — |
| Net margin | 14.6% | 7.5% | 19.8% | 16.7% | 15.8% | 16.5% | 15.7% | 14.4% | 15.1% | 10.4% | 9.7% |
| ROIC | — | 10.6% | 27.2% | 24.6% | 25.3% | 20.7% | 21.8% | 21.4% | 28.9% | 27.3% | 26.2% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 21 analysts is $180.90, 4% above the current price; targets range from $154.00 to $230.00; the consensus rating is “Hold”; expected EPS is $8.66 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Hershey’s P/E ratio?
About 19.7, based on the last twelve months of diluted earnings per share (forward P/E about 18.8).
Is Hershey stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 12% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Hershey pay a dividend?
Yes. The dividend yield is about 3.29%, and it has paid dividends for 10 years in our data.
Is Hershey a good stock to buy?
We do not give buy or sell advice. Hershey scores 2.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.