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Despite revenue drop, Hershey Company's strong EPS attracts wealth managers, keeping stock valued.
Wealth management firms like Northcape and Perigon have increased their holdings in Hershey Company, despite the company reporting a 13.8% decrease in revenue for the first quarter.
Hershey’s earnings per share (EPS) of $2.09 surpassed analysts' expectations by $0.15.
The company has a market cap of $33.85 billion, a dividend yield of 3.28%, and a P/E ratio of 20.60.
Analysts forecast 6.12 EPS for the year.
Hershey's stock has a "Hold" rating with a price target of $158.84.
19 Articles
A pesar de la caída de los ingresos, el fuerte EPS de Hershey Company atrae a los administradores de riqueza, manteniendo las acciones valoradas.