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

Key Points

• Kraft Heinz has issued its earnings guidance for FY 2025, predicting earnings per share (EPS) between $2.510 and $2.670, slightly below the consensus estimate of $2.587.
• The company announced a quarterly dividend of $0.40 per share, which equates to an annual yield of 5.60% and a payout ratio of 73.06%.
• Multiple brokerages have revised their ratings on Kraft Heinz stock, with a consensus rating of "Hold" and an average target price of $30.29.

Kraft Heinz (NASDAQ:KHC - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.510-2.670 for the period, compared to the consensus EPS estimate of 2.587. The company issued revenue guidance of -.

Kraft Heinz Stock Down 0.9%

Shares of NASDAQ:KHC traded down $0.26 during trading on Friday, reaching $27.21. 1,300,796 shares of the stock were exchanged, compared to its average volume of 12,424,140. Kraft Heinz has a 1-year low of $25.44 and a 1-year high of $36.53. The stock has a fifty day moving average of $26.84 and a two-hundred day moving average of $28.54. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.07 and a quick ratio of 0.81. The firm has a market cap of $32.20 billion, a price-to-earnings ratio of -6.06, a price-to-earnings-growth ratio of 3.34 and a beta of 0.25.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.64 by $0.05. Kraft Heinz had a negative net margin of 20.83% and a positive return on equity of 7.40%. The business had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.26 billion. During the same quarter in the previous year, the business posted $0.78 EPS. Kraft Heinz's quarterly revenue was down 1.9% on a year-over-year basis. Research analysts anticipate that Kraft Heinz will post 2.68 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Friday, August 29th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.60 annualized dividend and a yield of 5.9%. Kraft Heinz's dividend payout ratio (DPR) is presently -35.63%.

Analyst Upgrades and Downgrades

A number of analysts have commented on KHC shares. Wells Fargo & Company boosted their price objective on Kraft Heinz from $27.00 to $29.00 and gave the stock an "equal weight" rating in a report on Monday, July 14th. Sanford C. Bernstein lowered Kraft Heinz from an "outperform" rating to a "market perform" rating and lowered their price target for the company from $34.00 to $31.00 in a research report on Tuesday, April 22nd. UBS Group lifted their price objective on shares of Kraft Heinz from $29.00 to $30.00 and gave the stock a "neutral" rating in a report on Thursday. Mizuho set a $29.00 price target on shares of Kraft Heinz and gave the company a "neutral" rating in a research report on Wednesday, May 28th. Finally, DZ Bank downgraded shares of Kraft Heinz from a "buy" rating to a "hold" rating and set a $31.00 price objective for the company. in a report on Friday, May 9th. Three investment analysts have rated the stock with a sell rating and sixteen have issued a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $30.35.

Insider Buying and Selling at Kraft Heinz

In other news, Director Elio Leoni Sceti sold 25,000 shares of the business's stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $27.91, for a total transaction of $697,750.00. Following the completion of the transaction, the director owned 40,000 shares of the company's stock, valued at approximately $1,116,400. The trade was a 38.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.35% of the company's stock.

Hedge Funds Weigh In On Kraft Heinz

A hedge fund recently raised its stake in Kraft Heinz stock. Woodline Partners LP lifted its holdings in Kraft Heinz Company (NASDAQ:KHC - Free Report) by 39.0% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 73,700 shares of the company's stock after acquiring an additional 20,690 shares during the quarter. Woodline Partners LP's holdings in Kraft Heinz were worth $2,243,000 at the end of the most recent quarter. 78.17% of the stock is owned by institutional investors.

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.