NASDAQ:KHCKraft Heinz Stock Price, Forecast & News

Kraft Heinz's stock was trading at $23.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KHC shares have increased by 34.7% and is now trading at $31.86. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kraft Heinz in the last year. There are currently 2 sell ratings, 12 hold ratings and 3 buy ratings 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, August 13th 2020. View our earnings forecast for Kraft Heinz.

Kraft Heinz Co (NASDAQ:KHC) released its quarterly earnings results on Thursday, April, 30th. The company reported $0.58 EPS for the quarter, topping the Zacks' consensus estimate of $0.54 by $0.04. The company had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.14 billion. Kraft Heinz had a net margin of 7.58% and a return on equity of 6.54%. The business's quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.66 earnings per share. View Kraft Heinz's earnings history.

Kraft Heinz announced a quarterly dividend on Thursday, April 30th. Investors of record on Friday, May 29th will be paid a dividend of $0.40 per share on Friday, June 26th. This represents a $1.60 annualized dividend and a dividend yield of 5.02%. The ex-dividend date of this dividend is Thursday, May 28th. View Kraft Heinz's dividend history.

17 equities research analysts have issued 1-year target prices for Kraft Heinz's shares. Their forecasts range from $22.00 to $38.00. On average, they anticipate Kraft Heinz's stock price to reach $30.65 in the next year. This suggests that the stock has a possible downside of 3.8%. View analysts' price targets for Kraft Heinz.

Media headlines about KHC stock have been trending negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Kraft Heinz earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Kraft Heinz.

Kraft Heinz saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 17,360,000 shares, an increase of 8.5% from the June 15th total of 16,000,000 shares. Based on an average daily trading volume, of 7,170,000 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.8% of the company's stock are sold short. 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), Future Fintech Group (FTFT) and Barfresh Food Group (BRFH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kraft Heinz investors own include AT&T (T), General Electric (GE), Exxon Mobil (XOM), Bank of America (BAC), Pfizer (PFE), Intel (INTC), Altria Group (MO), Johnson & Johnson (JNJ), Verizon Communications (VZ) 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 retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.03%), Foundation Resource Management Inc. (0.02%), DNB Asset Management AS (0.01%), Envestnet Asset Management Inc. (0.01%), Thomasville National Bank (0.00%) and Municipal Employees Retirement System of Michigan (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 DNB Asset Management AS, Foundation Resource Management Inc., Envestnet Asset Management Inc., Foundations Investment Advisors LLC, M&R Capital Management Inc., and First PREMIER Bank. View insider buying and selling activity for Kraft Heinz.

KHC stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Modus Advisors LLC, Thomasville National Bank, IBM Retirement Fund, and TRUE Private Wealth Advisors. 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 $31.86.

Kraft Heinz has a market capitalization of $38.93 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.

The official website for Kraft Heinz is 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]