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 50.4% and is now trading at $35.59.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kraft Heinz in the last year. There are currently 3 sell ratings, 10 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Kraft Heinz is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
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Kraft Heinz Co (NASDAQ:KHC) issued its quarterly earnings results on Thursday, July, 30th. The company reported $0.80 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.15. The business had revenue of $6.65 billion for the quarter, compared to analyst estimates of $6.54 billion. Kraft Heinz had a negative net margin of 0.76% and a positive return on equity of 6.68%. The firm's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.78 EPS.
View Kraft Heinz's earnings history.

Kraft Heinz declared a quarterly dividend on Thursday, July 30th. Investors of record on Friday, August 28th will be given a dividend of $0.40 per share on Friday, September 25th. This represents a $1.60 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend is Thursday, August 27th.
View Kraft Heinz's dividend history.

18 brokers have issued 1 year price objectives for Kraft Heinz's shares. Their forecasts range from $27.00 to $39.00. On average, they expect Kraft Heinz's stock price to reach $33.11 in the next year. This suggests that the stock has a possible downside of 7.0%.
View analysts' price targets for Kraft Heinz.

Media headlines about KHC stock have been trending positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing 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 positive five, with scores nearest to five being the most favorable. Kraft Heinz earned a daily sentiment score of 2.4 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.
View the latest news about Kraft Heinz.

Kraft Heinz saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 14,740,000 shares, a decline of 15.1% from the June 15th total of 17,360,000 shares. Based on an average daily trading volume, of 6,370,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.5% of the shares of the company are short sold.
View Kraft Heinz's Short Interest.

Some companies that are related to Kraft Heinz include Lamb Weston (LW), Lancaster Colony (LANC), TreeHouse Foods (THS), Future Fintech Group (FTFT), Armanino Foods Of Distinction (AMNF) and Barfresh Food Group (BRFH).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Kraft Heinz investors own include AT&T (T), Pfizer (PFE), Intel (INTC), Johnson & Johnson (JNJ), Verizon Communications (VZ), Bank of America (BAC), Exxon Mobil (XOM), AbbVie (ABBV), General Electric (GE) and Cisco Systems (CSCO).

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 shareholders include Vanguard Group Inc. (4.67%), American International Group Inc. (0.62%), First Eagle Investment Management LLC (0.59%), Bank of New York Mellon Corp (0.47%), LSV Asset Management (0.42%) and Newport Trust Co (0.36%). Company insiders that own Kraft Heinz stock include Damme Alexandre Van, 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 Prudential Financial Inc., American International Group Inc., Vanguard Group Inc., Alps Advisors Inc., Robeco Institutional Asset Management B.V., Centre Asset Management LLC, Holocene Advisors LP, and Advisor Group Holdings Inc..
View insider buying and selling activity for Kraft Heinz.

KHC stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Sumitomo Mitsui Trust Holdings Inc., Wedge Capital Management L L P NC, Prudential PLC, Balyasny Asset Management LLC, Retirement Systems of Alabama, SG Americas Securities LLC, and Bank of Nova Scotia. 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 $35.59.

Kraft Heinz has a market capitalization of $43.51 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.

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]