NASDAQ:KHCKraft Heinz Stock Price, Forecast & News

$26.61

+0.70 (+2.70 %)

(As of 04/7/2020 04:00 PM ET)

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Today's Range

$26.04

Now: $26.61▼

$27.48

50-Day Range

$20.06

MA: $24.84▼

$27.42

52-Week Range

$19.99

Now: $26.61▼

$33.78

Volume9.62 million shs

Average Volume11.84 million shs

Market Capitalization$32.51 billion

P/E Ratio9.34

Dividend Yield6.32%

Beta0.85

The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company offers its products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, P'Tit Cheese, Tassimo, Classico, Plasmon, Pudliszki, Honig, HP, Benedicta, ABC, Master, Quero, Golden Circle, Wattie's, Glucon D, and Complan names. It sells its products through its own sales organizations, as well as through independent brokers, agents, and distributors to convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, foodservice distributors and institutions, including hotels, restaurants, hospitals, health care facilities, and certain government agencies, as well as to chain, wholesale, cooperative, and independent grocery accounts. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The Kraft Heinz Company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Kraft Heinz has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 14 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $28.63, Kraft Heinz has a potential upside of 7.6% from its current price of $26.61.
Amount of Analyst Coverage
Kraft Heinz has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Kraft Heinz has received 590 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Kraft Heinz has received 509 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Kraft Heinz has received 53.69% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Kraft Heinz and other stocks. Vote “Outperform” if you believe KHC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KHC will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Kraft Heinz is a leading dividend payer. It pays a dividend yield of 6.32%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Kraft Heinz has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Kraft Heinz is 56.14 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Kraft Heinz will have a dividend payout ratio of 69.26 % next year. This indicates that Kraft Heinz will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kraft Heinz insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.29% of the stock of Kraft Heinz is held by insiders.
Percentage Held by Institutions
57.61% of the stock of Kraft Heinz is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Kraft Heinz are expected to grow by 0.43% in the coming year, from $2.30 to $2.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kraft Heinz is 9.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kraft Heinz is 9.34, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.66.
Price to Earnings Growth Ratio
Kraft Heinz has a PEG Ratio of 1.84. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Kraft Heinz has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.47 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Canned, frozen, & preserved fruits, vegetables, & food special

Sub-IndustryN/A

SectorConsumer Staples

Current SymbolNASDAQ:KHC

Previous Symbol

CUSIPN/A

CIK1637459

Webhttp://www.kraftheinzcompany.com/

Phone412-456-5700

Debt

Debt-to-Equity Ratio0.55

Current Ratio1.03

Quick Ratio0.68

Price-To-Earnings

Trailing P/E Ratio9.34

Forward P/E Ratio11.57

P/E Growth1.84

Sales & Book Value

Annual Sales$24.98 billion

Price / Sales1.30

Cash Flow$3.60 per share

Price / Cash Flow7.40

Book Value$42.38 per share

Price / Book0.63

Profitability

EPS (Most Recent Fiscal Year)$2.85

Net Income$1.94 billion

Net Margins7.75%

Return on Equity5.93%

Return on Assets2.99%

Miscellaneous

Employees37,000

Outstanding Shares1,221,760,000

Market Cap$32.51 billion

Next Earnings Date5/14/2020 (Estimated)

OptionableOptionable

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Kraft Heinz (NASDAQ:KHC) Frequently Asked Questions

How has Kraft Heinz's stock been impacted by COVID-19 (Coronavirus)?

Kraft Heinz's stock was trading at $23.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KHC stock has increased by 12.5% and is now trading at $26.61. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Kraft Heinz?

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.

When is Kraft Heinz's next earnings date?

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

How were Kraft Heinz's earnings last quarter?

Kraft Heinz Co (NASDAQ:KHC) issued 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 business earned $6.54 billion during the quarter, compared to analysts' expectations of $6.61 billion. Kraft Heinz had a return on equity of 5.93% and a net margin of 7.75%. The company's revenue was down 5.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.84 EPS. View Kraft Heinz's earnings history.

How often does Kraft Heinz pay dividends? What is the dividend yield for Kraft Heinz?

Kraft Heinz declared 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 dividend on an annualized basis and a yield of 6.01%. The ex-dividend date of this dividend is Thursday, March 12th. View Kraft Heinz's dividend history.

What guidance has Kraft Heinz issued on next quarter's earnings?

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.

What price target have analysts set for KHC?

16 Wall Street analysts have issued twelve-month price objectives 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 $28.63 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price. View analysts' price targets for Kraft Heinz.

Has Kraft Heinz been receiving favorable news coverage?

Media headlines about KHC stock have been trending very negative this week, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kraft Heinz earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutKraft Heinz.

Are investors shorting Kraft Heinz?

Kraft Heinz saw a drop in short interest during the month of 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 trading volume, of 11,089,000 shares, the short-interest ratio is currently 2.4 days. Approximately 2.7% of the company's shares are sold short. View Kraft Heinz's Current Options Chain.

Who are some of Kraft Heinz's key competitors?

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).

What other stocks do shareholders of Kraft Heinz own?

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).

Who are Kraft Heinz's key executives?

Kraft Heinz's management team includes the following people:

Mr. Bernardo Vieira Hees, Chief Exec. Officer (Age 49)
Mr. David H. Knopf, Exec. VP & CFO (Age 31)
Mr. Carlos Augusto Leone Piani CFA, Head of Strategic Initiatives and Mergers & Acquisitions (Age 44)
Mr. Paulo Luiz Araujo Basilio, Pres of U.S. Commercial Bus. (Age 44)
Mr. Joao Araujo, Head of U.S. Operations (Age 46)

What is Kraft Heinz's stock symbol?

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

Who are Kraft Heinz's major shareholders?

Kraft Heinz's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Centre Asset Management LLC (0.03%), State of Alaska Department of Revenue (0.02%), Thomasville National Bank (0.00%), Foundations Investment Advisors LLC (0.00%) and Truehand Inc (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.

Which institutional investors are selling Kraft Heinz stock?

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

Which institutional investors are buying Kraft Heinz stock?

KHC stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, 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.

How do I buy shares of 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.

What is Kraft Heinz's stock price today?

One share of KHC stock can currently be purchased for approximately $26.61.

How big of a company is Kraft Heinz?

Kraft Heinz has a market capitalization of $32.51 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.

What is Kraft Heinz's official website?

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

How can I contact Kraft Heinz?

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]

This page was last updated on 4/7/2020 by MarketBeat.com Staff

NASDAQ:KHCKraft Heinz Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

2.0 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.7 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment