HRL 这一页 3 条观点条目，其中 0 条方向发生变化。
我们有HRL，它看起来也很漂亮，但我认为止损位很大。漂亮的做空。止损。也许那就是你的目标。基本上是前低。大约20美元。
We have the HRL, which looks also beautiful, but I think it's a big stop. Beautiful short. Stop. Maybe that's your target. Prior low, basically. Around 20 bucks.
其他公司，周四盘前，我们有Hormell，股票代码HRL。这是一只许多人持有的股息股。我本周晚些时候可能不会覆盖它，但它有很长的股息增加历史。不过，股息增长已经放缓。我认为他们多年来增长得太激进了。
没有基本面支撑。过去5年，它以3.6%的复合年增长率增长。股价很低，所以看起来它以历史高收益率交易，处于第90百分位，4.86%。所以看起来确实历史高位，但问题是派息率对Hormell股票来说进入了不好的区间。
最近一年自由现金流派息率118%，基于盈利的派息率132%。过去十年，Hormell的自由现金流根本没有增长。目前处于下降趋势，但最近一个季度开始回升。经营现金流过去10年完全持平。
所以，在我看来，如果你的目标是总回报，我认为Hormell在当前价格不太有吸引力。如果公司的现金流和股息不会高速增长，你需要以超便宜的价格买入才能成为好的投资。
Other companies, Thursday before market open, we have Hormell, ticker symbol HRL. This is a dividend stock many people own. I'll likely not be covering it later this week, but it has a long history of dividend increases.
Dividend growth has slowed down, though. I think they were growing it far too aggressive for a number of years. It wasn't backed up by the fundamentals. The past 5 years, it's grown at 3.6% compound annual growth rate.
The stock price is low, so it does look like it's trading at historically high yield in the 90th percentile, 4.86%. So it does look historically high, but the problem is that the payout ratio is getting in a not good range for Hormell stock. 118% free cash flow payout ratio in recent year, 132% based on earnings payout ratio.
And over the past decade, free cash flow hasn't grown at all at Hormill. And it's in a downtrend currently, but starting to uptick in the latest quarter. Operating cash flow completely flat over the past 10 years.
So, in my opinion, if your goal is total return, I don't think Hormell is very attractive at the current price. If the company's cash flows and dividends aren't going to be growing at a high rate, you need to buy it super cheap for it to be a good investment.
为什么不让荷美尔食品私有化，然后再在以后重新上市，如果那是他们想要的话？因为看起来他们得到了一个相当好的价格。大量的自由现金流肯定能支持收购。为什么不将其私有化？
uh why not go private with Hormel Foods and and flip it back onto the markets later if that's if that's something that they desire? Cuz it seems like they were getting a they must have been getting a pretty good price.
Lots of free cash flow that can certainly support a buyout. Why not take it private?
