NASDAQ:KHCKraft Heinz Stock Price, Forecast & News

Kraft Heinz's stock was trading at $23.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KHC stock has increased by 15.5% and is now trading at $27.32. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kraft Heinz in the last year. There are currently 1 sell rating, 14 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Kraft Heinz.

Kraft Heinz is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Kraft Heinz.

Kraft Heinz Co (NASDAQ:KHC) posted its quarterly earnings results on Thursday, February, 13th. The company reported $0.72 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.68 by $0.04. The company earned $6.54 billion during the quarter, compared to the consensus estimate of $6.61 billion. Kraft Heinz had a net margin of 7.75% and a return on equity of 5.93%. Kraft Heinz's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.84 earnings per share. View Kraft Heinz's earnings history.

Kraft Heinz announced a quarterly dividend on Thursday, February 13th. Shareholders of record on Friday, March 13th will be given a dividend of $0.40 per share on Friday, March 27th. This represents a $1.60 annualized dividend and a dividend yield of 5.86%. The ex-dividend date of this dividend is Thursday, March 12th. View Kraft Heinz's dividend history.

Kraft Heinz updated its first quarter 2020 After-Hours earnings guidance on Monday, April, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.138-6.138 billion, compared to the consensus revenue estimate of $5.79 billion.

16 equities research analysts have issued 1-year target prices for Kraft Heinz's shares. Their forecasts range from $22.00 to $33.00. On average, they expect Kraft Heinz's share price to reach $28.75 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View analysts' price targets for Kraft Heinz.

Headlines about KHC stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kraft Heinz earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutKraft Heinz.

Kraft Heinz saw a drop in short interest in March. As of March 13th, there was short interest totaling 26,153,500 shares, a drop of 8.0% from the February 27th total of 28,430,000 shares. Based on an average daily volume of 11,089,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.7% of the company's shares are short sold. View Kraft Heinz's Current Options Chain.

Some companies that are related to Kraft Heinz include Lamb Weston (LW), Lancaster Colony (LANC), TreeHouse Foods (THS), Armanino Foods Of Distinction (AMNF), Barfresh Food Group (BRFH) and Future Fintech Group (FTFT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kraft Heinz investors own include AT&T (T), General Electric (GE), Bank of America (BAC), Altria Group (MO), Verizon Communications (VZ), Pfizer (PFE), Intel (INTC), Exxon Mobil (XOM), Johnson & Johnson (JNJ) and Walt Disney (DIS).

Kraft Heinz trades on the NASDAQ under the ticker symbol "KHC."

Kraft Heinz's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Centre Asset Management LLC (0.03%), Foundation Resource Management Inc. (0.03%), State of Alaska Department of Revenue (0.02%), Thomasville National Bank (0.00%), Foundations Investment Advisors LLC (0.00%) and IBM Retirement Fund (0.00%). Company insiders that own Kraft Heinz stock include Damme Alexandre Van, Eduardo Pelleissone, Global Food Holdings Lp 3G and Jorge P Lemann. View institutional ownership trends for Kraft Heinz.

KHC stock was sold by a variety of institutional investors in the last quarter, including Centre Asset Management LLC, Foundations Investment Advisors LLC, and First PREMIER Bank. View insider buying and selling activity for Kraft Heinz.

KHC stock was acquired by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc., State of Alaska Department of Revenue, IBM Retirement Fund, Truehand Inc, and Thomasville National Bank. Company insiders that have bought Kraft Heinz stock in the last two years include Damme Alexandre Van, and Jorge P Lemann. View insider buying and selling activity for Kraft Heinz.

Shares of KHC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of KHC stock can currently be purchased for approximately $27.32.

Kraft Heinz has a market capitalization of $33.38 billion and generates $24.98 billion in revenue each year. The company earns $1.94 billion in net income (profit) each year or $2.85 on an earnings per share basis. Kraft Heinz employs 37,000 workers across the globe. View additional information about Kraft Heinz.

The official website for Kraft Heinz is http://www.kraftheinzcompany.com/.

Kraft Heinz's mailing address is ONE PPG PLACE, PITTSBURGH PA, 15222. The company can be reached via phone at 412-456-5700 or via email at [email protected]