NASDAQ:KHCKraft Heinz Stock Price, Forecast & News

Kraft Heinz's stock was trading at $23.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KHC stock has increased by 32.6% and is now trading at $31.37. 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) announced its quarterly earnings data on Thursday, April, 30th. The company reported $0.58 earnings per share (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 analysts' expectations of $6.14 billion. Kraft Heinz had a net margin of 7.58% and a return on equity of 6.54%. The business's revenue was up 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.66 EPS. View Kraft Heinz's earnings history.

Kraft Heinz declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Friday, May 29th will be given a dividend of $0.40 per share on Friday, June 26th. This represents a $1.60 annualized dividend and a yield of 5.10%. The ex-dividend date is Thursday, May 28th. View Kraft Heinz's dividend history.

17 brokers have issued 1-year price targets for Kraft Heinz's stock. 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 twelve months. This suggests that the stock has a possible downside of 2.3%. View analysts' price targets for Kraft Heinz.

News coverage about KHC stock has been trending negative on Friday, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -2.3 on InfoTrie's scale. They also assigned media headlines 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 near term. View the latest news about Kraft Heinz.

Kraft Heinz saw a increase in short interest in 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. Approximately 1.8% of the company's shares 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 many different institutional and retail 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 Diligent Investors LLC (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, Diligent Investors LLC, M&R Capital Management Inc., and First PREMIER Bank. View insider buying and selling activity for Kraft Heinz.

KHC stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Contravisory Investment Management Inc., Traverso Chambers Private Wealth Management LLC, 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 $31.37.

Kraft Heinz has a market capitalization of $38.33 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]