Kraft Heinz (KHC) Projected to Post Quarterly Earnings on Tuesday

Kraft Heinz (NASDAQ:KHC - Get Free Report) will likely be releasing its Q1 2025 Prepared Remarks earnings data before the market opens on Tuesday, April 29th. Analysts expect Kraft Heinz to post earnings of $0.60 per share and revenue of $6.02 billion for the quarter. Kraft Heinz has set its FY 2025 guidance at 2.630-2.740 EPS.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.06. Kraft Heinz had a net margin of 10.62% and a return on equity of 7.58%. On average, analysts expect Kraft Heinz to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Kraft Heinz Stock Down 0.5 %

KHC traded down $0.15 during trading on Friday, hitting $29.49. 8,152,654 shares of the company's stock traded hands, compared to its average volume of 9,091,858. The stock has a market capitalization of $35.19 billion, a price-to-earnings ratio of 13.05, a PEG ratio of 3.39 and a beta of 0.44. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.39. Kraft Heinz has a 12-month low of $27.25 and a 12-month high of $38.72. The company's 50 day simple moving average is $30.07 and its two-hundred day simple moving average is $30.90.

Kraft Heinz Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 7th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 5.43%. The ex-dividend date of this dividend was Friday, March 7th. Kraft Heinz's dividend payout ratio is currently 70.80%.

Wall Street Analysts Forecast Growth

KHC has been the subject of a number of research analyst reports. Evercore ISI reaffirmed an "in-line" rating and issued a $35.00 target price (down previously from $38.00) on shares of Kraft Heinz in a research report on Tuesday, January 7th. StockNews.com upgraded shares of Kraft Heinz from a "sell" rating to a "hold" rating in a research report on Wednesday, March 12th. Mizuho cut shares of Kraft Heinz from an "outperform" rating to a "neutral" rating and decreased their target price for the stock from $38.00 to $31.00 in a research note on Monday, February 10th. Jefferies Financial Group decreased their target price on Kraft Heinz from $34.00 to $30.00 and set a "hold" rating for the company in a research report on Wednesday, January 29th. Finally, Morgan Stanley started coverage on shares of Kraft Heinz in a research report on Monday, March 24th. They set an "underweight" rating and a $29.00 target price for the company. Four research analysts have rated the stock with a sell rating and fourteen have assigned a hold rating to the stock. Based on data from MarketBeat, Kraft Heinz currently has a consensus rating of "Hold" and a consensus price target of $30.69.

About Kraft Heinz

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.