Shares of The Hershey Company (NYSE:HSY) have been experiencing an accelerated earnings and sales growth over the past 5 years. Over that time frame the firm has seen earnings growth of 9.00% and sales growth of 1.70%.
Investors may be looking closely at current stock market levels as we move towards the closing stages of the year. Investors might be reviewing current holdings to see if there are any changes that need to be made. Even when things are going good with equities, it may be wise to regularly check the portfolio to make sure that everything is still balanced properly. Being prepared for various market conditions may be a great help to the investor when the winds of change eventually blow in.
While the firm has enjoyed the upward movement, it’s important to look at analyst expectations and where the company is headed from here. On a consensus basis, analysts are projecting EPS growth of 4.66% for next year and have a $116.86 one year price target on the stock. The stock recently traded at $127.68.
Six Fundamental Characteristics of Great Growth Stocks
#6 Huge Mass Markets – The more potential customers there are, the greater the possibility that both the company, and the investment in said company, will be a success.
#5 Market Dominance/Barriers to Entry – Look for companies who hold patents. This is great barrier to entry, ensuring no competition. Look for companies who dominate the market, blowing away the competition, though market dominance can be harder to measure.
#4 Accelerating Earnings Growth – If a company’s earnings growth rate increases for two consecutive quarters, their growth is accelerating. Faster growth is better growth, and a company whose earnings growth rate is accelerating is an attractive investment.
#3 Triple-Digit Revenue Growth – Companies growing their revenues at triple-digit rates (100% or better) are usually smaller and less known, making them attractive for buying by institutions.
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#2 High Profit Margins – In recent decades, high-margin stocks have beaten low-margin stocks by a huge amount.
#1 Top Notch, Innovative Management – All great managers who led their companies to success usually did so by thinking differently. There is no surefire and quick measurement of management talent. When you find a top manager, one with a record of prior success and accolades, you should strike. Top managers usually find a way to overcome obstacles.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, The Hershey Company (NYSE:HSY)‘s stock was 18.55%. Over the last week of the month, it was 2.21%, 15.82% over the last quarter, and 18.67% for the past six months.
The Hershey Company (NYSE:HSY)’s EPS is 5.34. Last year, their EPS growth was 51.40% while their EPS growth over the past five years is 9.00%. Analysts are predicting The Hershey Company’s stock to grow 4.66% over the next year and 7.74% over the next five.
Traders may already have a favorite method for applying technical analysis. Active traders are typically concerned with shorter-term price movements when trading shares. Entry and exit points tend to be way more important for traders who are looking to capitalize on stock market trends. Some traders may opt to only use technical analysis when picking stocks, while others will also incorporate company fundamentals when doing research. Of course, there is no one foolproof method for trading the markets. Many technical investors will still opt to familiarize themselves with the fundamentals before diving deeper into the technical signals. Longer-term investors might not be as concerned with day to day price fluctuations while short-term traders may not want to miss out on any significant price swings. Whatever trading strategy is applied, investors may still want to try to get a sense of the overall picture before making the trade.
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