If you are wondering whether Hershey at around US$196 per share is a fair deal or overpriced, you are not alone. This article focuses squarely on what that price might mean for value minded investors.
Hershey’s share price has seen a 1.5% decline over the last 7 days, a 5.2% gain over 30 days, a 7.5% gain year to date, and a 34.0% return over 1 year, while the 3 year return is a 3.8% decline and the 5 year return sits at 51.1%.
These moves have put Hershey back on many watchlists, as investors reassess what they are willing to pay for a well known consumer brand. Evergreen interest in the company and its role in the packaged food sector helps explain why the stock keeps coming back into focus when prices shift.
