Kraft Heinz (NASDAQ:KHC) Updates FY 2025 Earnings Guidance

Kraft Heinz (NASDAQ:KHC - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.510-2.670 for the period, compared to the consensus earnings per share estimate of 2.670. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on KHC. JPMorgan Chase & Co. decreased their target price on Kraft Heinz from $32.00 to $31.00 and set a "neutral" rating for the company in a report on Thursday, February 13th. The Goldman Sachs Group cut their target price on shares of Kraft Heinz from $32.00 to $28.00 and set a "sell" rating on the stock in a research note on Thursday, February 13th. Barclays lowered their price target on Kraft Heinz from $33.00 to $29.00 and set an "equal weight" rating for the company in a report on Friday, February 14th. StockNews.com raised Kraft Heinz from a "sell" rating to a "hold" rating in a research report on Wednesday, March 12th. Finally, UBS Group reduced their price target on Kraft Heinz from $37.00 to $31.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Four research analysts have rated the stock with a sell rating and fourteen have given a hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $30.63.

Kraft Heinz Stock Down 2.1 %

Shares of NASDAQ:KHC traded down $0.60 during midday trading on Thursday, hitting $28.50. 9,685,015 shares of the stock were exchanged, compared to its average volume of 9,130,056. The business's fifty day simple moving average is $29.92 and its two-hundred day simple moving average is $30.75. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.59 and a current ratio of 1.06. Kraft Heinz has a 52-week low of $27.25 and a 52-week high of $37.07. The company has a market capitalization of $34.01 billion, a PE ratio of 12.61, a P/E/G ratio of 3.39 and a beta of 0.44.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. The business had revenue of $6 billion during the quarter, compared to analyst estimates of $6.02 billion. Kraft Heinz had a return on equity of 7.58% and a net margin of 10.62%. The firm's revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 EPS. As a group, research analysts predict that Kraft Heinz will post 2.68 earnings per share for the current fiscal year.

Kraft Heinz Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, May 30th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date is Friday, May 30th. Kraft Heinz's dividend payout ratio is presently 70.80%.

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.