The Hershey Company (HSY)

US — Consumer Defensive Sector
Peers: SYY  K  KDP  KMB  CCEP  TGT  ABEV  KVUE  KR  ADM 

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Key Metrics & Ratings

  • symbol HSY
  • Rev/Share 55.6794
  • Book/Share 22.2547
  • PB 8.0994
  • Debt/Equity 1.3292
  • CurrentRatio 1.5296
  • ROIC 0.1674

 

  • MktCap 36544486675.0
  • FreeCF/Share 7.7839
  • PFCF 23.1432
  • PE 23.9021
  • Debt/Assets 0.4398
  • DivYield 0.0304
  • ROE 0.3377

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 5
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade HSY Goldman Sell Buy -- $222 Sept. 16, 2025
Upgrade HSY BNP Paribas Exane Neutral Outperform -- -- Sept. 15, 2025
Resumed HSY JP Morgan -- Neutral -- $187 Aug. 20, 2025
Reiterated HSY Morgan Stanley -- Equal Weight $173 $189 July 31, 2025
Reiterated HSY Bernstein -- Market Perform $155 $179 July 31, 2025
Reiterated HSY BofA Securities -- Neutral $175 $208 July 31, 2025
Reiterated HSY Mizuho -- Neutral $167 $155 May 28, 2025
Reiterated HSY Bernstein -- Market Perform $147 $155 May 2, 2025
Initiation HSY Morgan Stanley -- Equal Weight -- $183 March 24, 2025
Upgrade HSY Citigroup Sell Neutral $159 $154 Feb. 7, 2025

News

Gear Up for Hershey (HSY) Q3 Earnings: Wall Street Estimates for Key Metrics
HSY
Published: October 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Besides Wall Street's top-and-bottom-line estimates for Hershey (HSY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2025.

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image for news Gear Up for Hershey (HSY) Q3 Earnings: Wall Street Estimates for Key Metrics
HSY to Report Q3 Earnings: Should You Expect a Beat This Time?
HSY
Published: October 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Hershey's pricing moves and efficiency programs may have lifted Q3 sales, though cocoa costs and brand spend are likely to have squeezed margins.

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image for news HSY to Report Q3 Earnings: Should You Expect a Beat This Time?
Hershey (HSY) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
HSY
Published: October 23, 2025 by: Zacks Investment Research
Sentiment: Positive

Hershey (HSY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Hershey (HSY) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Goldman Sachs 4 New Conviction List Stocks Offer Dividends and Growth
ABT, APD, HSY, MSGE
Published: October 17, 2025 by: 24/7 Wall Street
Sentiment: Positive

The Goldman Sachs Conviction List is a curated list of stocks that the firm's research team believes have a high likelihood of outperforming the market.

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image for news Goldman Sachs 4 New Conviction List Stocks Offer Dividends and Growth
Hershey: Cheaper Cocoa/Sugar Trigger Robust 2026 Margin Recovery Prospects
HSY
Published: October 09, 2025 by: Seeking Alpha
Sentiment: Neutral

HSY may report a rich 2026 margin recovery, thanks to the drastically moderating sugar/cocoa spot prices and the recent price hikes. These imply that the confectionery may potentially achieve the rich 2026 adj. EPS performance of over ~$10 and the 2030 adj. EPS growth target at a CAGR of "6%-8%." Otherwise, I urge readers to temper their near-term expectations, since HSY may deliver an underwhelming FQ3'25 earnings call attributed to intensifying competitive pressure and tougher YoY comparison.

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image for news Hershey: Cheaper Cocoa/Sugar Trigger Robust 2026 Margin Recovery Prospects
The Hershey Company Highlights New Products and Drives Retail Growth at 2025 NACS Show
HSY
Published: October 09, 2025 by: PRNewsWire
Sentiment: Neutral

HERSHEY, Pa. , Oct. 9, 2025 /PRNewswire/ -- Event Details: Event: NACS Show Expo 2025 Dates: October 15-17, 2025 Location: Chicago, IL Hershey Booth: #S5706 EXECUTIVE SUMMARY The Hershey Company (NYSE: HSY) will showcase product innovations and convenience channel growth strategies at the 2025 NACS Show Expo, featuring the highly anticipated Reese's OREO® Cup and new offerings across its snacking portfolio, including confectionery, salty snacks and protein offerings.

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image for news The Hershey Company Highlights New Products and Drives Retail Growth at 2025 NACS Show
Why Investors Need to Take Advantage of These 2 Consumer Staples Stocks Now
HSY, MNST
Published: October 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

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image for news Why Investors Need to Take Advantage of These 2 Consumer Staples Stocks Now
Will Hershey (HSY) Beat Estimates Again in Its Next Earnings Report?
HSY
Published: October 03, 2025 by: Zacks Investment Research
Sentiment: Positive

Hershey (HSY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Will Hershey (HSY) Beat Estimates Again in Its Next Earnings Report?
Top 50 High-Quality Dividend Growth Stocks For October 2025
AAPL, ACN, ALLE, AMAT, APH, CTAS, DHI, DKS, DPZ, EOG, FAST, FDS, GGG, GRMN, GWW, HCA, HD, HSY, JKHY, KLAC, LECO, LLY, LRCX, MLI, MPWR
Published: October 03, 2025 by: Seeking Alpha
Sentiment: Positive

I track a universe of 50 high-quality dividend growth stocks to identify opportune investments based on valuation and future return potential. As of October 2, 2025, 22 stocks offer attractive future return estimates of at least 10%, with 15 appearing potentially undervalued by my Free Cash Flow model. Top-ranked stocks include MKTX, RMD, MPWR, RACE, and MSCI, each offering strong projected returns driven by yield, valuation upside, and EPS growth.

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image for news Top 50 High-Quality Dividend Growth Stocks For October 2025
These 2 Consumer Staples Stocks Could Beat Earnings: Why They Should Be on Your Radar
HSY, PM
Published: September 23, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

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image for news These 2 Consumer Staples Stocks Could Beat Earnings: Why They Should Be on Your Radar
Hershey stock higher on Goldman Sachs upgrade
HSY
Published: September 16, 2025 by: Proactive Investors
Sentiment: Positive

Hershey Company (NYSE:HSY, ETR:HSY) shares gained more than 3% to $191.92 in midday trading on Tuesday after Goldman Sachs upgraded its rating on the chocolate maker's stock to ‘Buy' from ‘Sell'. The investment bank also lifted its target price on Hershey to $222 per share from $170, citing an improved outlook and the risks now being fully priced into the stock.

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image for news Hershey stock higher on Goldman Sachs upgrade
Wall Street Turns Bullish on Hershey. Why the Stock Is in a Sweet Spot.
HSY
Published: September 16, 2025 by: Barrons
Sentiment: Positive

Hershey recently raised prices across its confection portfolio, and consumers didn't balk as much as expected.

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image for news Wall Street Turns Bullish on Hershey. Why the Stock Is in a Sweet Spot.
Hershey shares jump 3% after Goldman Sachs double upgrade
HSY
Published: September 16, 2025 by: Invezz
Sentiment: Positive

Hershey shares surged 3% in premarket after Goldman Sachs issued a rare double upgrade on the chocolate maker, raising its rating to buy from sell and boosting its price target to $222 from $170. The new target implies more than 19% upside from Monday's closing price.

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image for news Hershey shares jump 3% after Goldman Sachs double upgrade
Hershey Targets $400M in Cost Savings: Where Does It Stand Now?
HSY
Published: September 04, 2025 by: Zacks Investment Research
Sentiment: Positive

HSY boosts its Triple A savings goal to $400 million, aiming to offset cocoa inflation and restore profit margins.

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image for news Hershey Targets $400M in Cost Savings: Where Does It Stand Now?
The Hershey Company Appoints Natalie Rothman as Chief Human Resources Officer
HSY, UDMY
Published: August 18, 2025 by: PRNewsWire
Sentiment: Neutral

Seasoned HR Executive Brings 25+ Years of Leadership Experience in Building High-Performing Teams and Modernizing HR Operations HERSHEY, Pa. , Aug. 18, 2025 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced the appointment of Natalie Rothman as Chief Human Resources Officer, effective August 18, 2025.

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image for news The Hershey Company Appoints Natalie Rothman as Chief Human Resources Officer
Cocoa Futures Send Hershey Stock Lower, Dip Opportunity?
HSY
Published: August 17, 2025 by: MarketBeat
Sentiment: Neutral

There is a significant difference between trading and investing. Trading concentrates on short-term fluctuations that may not last, while investing views these short-term events as opportunities to secure upside potential, with the focus on eventually returning to normal behavior, which is inevitable.

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image for news Cocoa Futures Send Hershey Stock Lower, Dip Opportunity?
HAUNTINGLY TASTY: THE HERSHEY COMPANY UNWRAPS NEW TWISTS ON BELOVED HALLOWEEN CLASSICS
HSY
Published: August 12, 2025 by: PRNewsWire
Sentiment: Neutral

NEW! KIT KAT® Counts, REESE'S Mini Pumpkins and fan-favorite collaborations lead the charge in transforming the Halloween candy experience. HERSHEY, Pa.

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image for news HAUNTINGLY TASTY: THE HERSHEY COMPANY UNWRAPS NEW TWISTS ON BELOVED HALLOWEEN CLASSICS
5 Dividend Stocks to Hold for the Next 5 Years
CLX, GIS, HRL, HSY, PEP
Published: August 10, 2025 by: The Motley Fool
Sentiment: Positive

Wall Street tends to cycle through stock themes even though some sectors tend to be filled with strong businesses. And even strong businesses go through hard times.

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image for news 5 Dividend Stocks to Hold for the Next 5 Years
Oreos Inside Reese's. Reese's Inside Oreos.
HSY, MDLZ
Published: August 08, 2025 by: WSJ
Sentiment: Positive

The combination of two of America's favorite treats sounded simple. In reality, the collaboration between Hershey and Mondelez involved secret talks, coded clues and taste tests. So many taste tests.

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image for news Oreos Inside Reese's. Reese's Inside Oreos.
Top 50 High-Quality Dividend Stocks For August 2025
AAPL, ACN, ALLE, AMAT, APH, CTAS, DHI, DKS, DPZ, EOG, FAST, FDS, GGG, GRMN, GWW, HCA, HD, HSY, JKHY, KLAC, LECO, LLY, LRCX, MA, MKTX, MLI, MPWR, MSCI, MSFT, NKE, NTES, NXPI, ODFL, PAYX, POOL, QCOM, RACE, RMD, ROL, ROST, SBUX, SCHD, SPY, TJX, TSCO, TT, TTC, V, WSM, WSO, WST, ZTS
Published: August 06, 2025 by: Seeking Alpha
Sentiment: Positive

My investable universe of 50 high-quality dividend growth stocks aims to identify attractive opportunities based on valuation and future return potential. Currently, 20 stocks offer an estimated future return of at least 10%, with 10 of these also appearing potentially undervalued by my Free Cash Flow model. Top highlighted stocks like MKTX, RACE, RMD, MSCI, and TTC combine strong free cash flow growth, attractive valuations, and double-digit return estimates.

Read More
image for news Top 50 High-Quality Dividend Stocks For August 2025
Hershey Q2 Earnings Top Estimates on Strong Sales Growth
HSY
Published: July 31, 2025 by: Zacks Investment Research
Sentiment: Positive

HSY beats Q2 estimates with 26% sales growth, but earnings slip y/y amid rising costs and heavy marketing spend.

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image for news Hershey Q2 Earnings Top Estimates on Strong Sales Growth
Top 2 Risk Off Stocks That May Keep You Up At Night This Month
HSY, KLG
Published: July 31, 2025 by: Benzinga
Sentiment: Negative

As of July 31, 2025, two stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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image for news Top 2 Risk Off Stocks That May Keep You Up At Night This Month
Hershey's Earnings Melt Away Under Cost Of Sales Avalanche (Rating Downgrade)
HSY
Published: July 30, 2025 by: Seeking Alpha
Sentiment: Neutral

The Hershey Company's latest earnings report reveals deep pressure from skyrocketing input costs and a changing market landscape. While past investments paid off modestly, future growth looks more uncertain amidst a strategic pivot and CEO transition. HSY investors may need to reassess whether the chocolate giant's valuation still reflects its fundamental strength—or if sweeter opportunities lie elsewhere.

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image for news Hershey's Earnings Melt Away Under Cost Of Sales Avalanche (Rating Downgrade)
The Hershey Company (HSY) Q2 2025 Q&A Earnings Call Transcript
HSY
Published: July 30, 2025 by: Seeking Alpha
Sentiment: Neutral

The Hershey Company (NYSE:HSY ) Q2 2025 Q&A Earnings Conference Call July 30, 2025 8:15 AM ET Company Participants Anoori Naughton - Senior Director of Investor Relations Michele Gross Buck - Chairman, President & CEO Steven E. Voskuil - Senior VP & CFO Conference Call Participants Alexia Jane Burland Howard - Sanford C.

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image for news The Hershey Company (HSY) Q2 2025 Q&A Earnings Call Transcript
Top Stock Movers Now: Humana, Hershey, VF Corp., and More
HSY, HUM, VFC
Published: July 30, 2025 by: Investopedia
Sentiment: Positive

U.S. equities were mixed at midday as the market responded to the U.S. economy growing more than expected in the second quarter while waiting for today's decision by the Federal Reserve on interest rates. The S&P 500 and Nasdaq gained, but the Dow Jones Industrial Average fell.

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image for news Top Stock Movers Now: Humana, Hershey, VF Corp., and More
Here's What Key Metrics Tell Us About Hershey (HSY) Q2 Earnings
HSY
Published: July 30, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Hershey (HSY) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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image for news Here's What Key Metrics Tell Us About Hershey (HSY) Q2 Earnings
Strong Easter and Pre-Halloween Sales Boost Hershey Results, But Tariffs Loom
HSY
Published: July 30, 2025 by: Investopedia
Sentiment: Positive

Hershey (HSY) shares advanced Wednesday when the snack giant posted better-than-expected results as customers loaded up on treats during the Easter holiday and ahead of Halloween. However, it lowered its outlook on tariff costs.

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image for news Strong Easter and Pre-Halloween Sales Boost Hershey Results, But Tariffs Loom
The REESE'S and OREO® Brands Announce Iconic Collaboration, Finally Giving Fans What They Have Been Asking For
HSY, MDLZ
Published: July 30, 2025 by: PRNewsWire
Sentiment: Neutral

Introducing the REESE'S OREO® Cup and OREO® REESE'S Cookie – a two-way collaboration between America's #1 Candy and #1 Cookie. HERSHEY, Pa.

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image for news The REESE'S and OREO® Brands Announce Iconic Collaboration, Finally Giving Fans What They Have Been Asking For
Hershey lowers earnings outlook amid ongoing tariffs expense. Why the stock is rising.
HSY
Published: July 30, 2025 by: Market Watch
Sentiment: Neutral

Hershey's stock surges toward a more than 7-month high, as a big earnings beat offset a lowered full-year outlook.

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image for news Hershey lowers earnings outlook amid ongoing tariffs expense. Why the stock is rising.
Hershey (HSY) Q2 Earnings and Revenues Top Estimates
HSY
Published: July 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Hershey (HSY) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $1.27 per share a year ago.

Read More
image for news Hershey (HSY) Q2 Earnings and Revenues Top Estimates

About The Hershey Company (HSY)

  • IPO Date 1980-03-17
  • Website https://www.thehersheycompany.com
  • Industry Food Confectioners
  • CEO Michele Gross Buck
  • Employees 18540

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. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, meat snacks, bars and snack bites, mixes, popcorn, and protein bars. The company 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, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It 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. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.