Is HSY Stock's 3.4X P/S Still Worth It? Time to Buy, Sell or Hold?
HSYHershey(HSY) ZACKS·2024-10-04 23:16

The Hershey Company (HSY) is currently trading at a forward 12-month price-to-sales (P/S) ratio of 3.35, significantly higher than the industry average of 2.17. This disparity suggests that investors have historically had high expectations for the company's future earnings growth. However, HSY’s recent stock performance casts doubt on whether these lofty expectations are sustainable. Hershey’s Value Score of C adds to these concerns.Shares of Hershey have dipped 1.4% in the past six months compared with the ...