Hershey Shares Gain 6.54% Weekly, Full-Year EPS Raised to $8.16
Hershey shares climbed 6.54% in the past week and 19.03% over the last month, surpassing its confectionery industry’s 1.31% weekly and 5.57% monthly gains. Earnings estimates for the current year have risen from $6.91 to $8.16 in 60 days, underpinning a momentum score of B and a strong buy rating.
1. Price Momentum Performance
Hershey shares rose 6.54% over the past week and 19.03% in the last month, outperforming the confectionery industry’s 1.31% weekly and 5.57% monthly gains. Over the past quarter, the stock climbed 30.37% versus the S&P 500’s 1.03% gain, and it has advanced 32.04% over the past year compared to the benchmark’s 16.82%.
2. Earnings Estimate Revisions
Analysts lifted full-year earnings projections from $6.91 to $8.16 over the past 60 days as nine estimates moved higher with none lowered. For the next fiscal year, four upward estimate revisions were recorded with no downward changes, indicating growing confidence in Hershey’s profit outlook.
3. Momentum Score and Rating
Hershey holds a momentum score of B based on price changes and estimate revisions, complemented by a strong buy rating. The combination of sustained volume — averaging 2.39 million shares traded daily over 20 days — and positive estimate momentum supports its upward trajectory.