The Hershey Company (HSY) appears to be trading at a premium, with its price-to-earnings (P/E) ratio higher than both the Zacks Food – Confectionery industry and the broader Consumer Staples sector. Hershey’s forward 12-month P/E ratio stands at 20.16, surpassing the industry average of 17.26 and the sector average of 16.52. This elevated valuation has raised concerns among investors about whether the stock's current price is justified.Hershey’s high P/E ratio, coupled with its low Value Score of D, suggest ...