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. Since then, KHC shares have 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) issued its quarterly earnings data on Thursday, April, 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.04. The business earned $6.16 billion during the quarter, compared to analysts' expectations of $6.14 billion. Kraft Heinz had a return on equity of 6.54% and a net margin of 7.58%. The company's revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.66 earnings per share. 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 paid a dividend of $0.40 per share on Friday, June 26th. This represents a $1.60 annualized dividend and a dividend yield of 5.10%. The ex-dividend date of this dividend is Thursday, May 28th. View Kraft Heinz's dividend history.

17 Wall Street analysts have issued 12-month price objectives 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.

Headlines about KHC stock have trended neutral recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Kraft Heinz earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. 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 short-interest ratio is currently 2.4 days. Approximately 1.8% of the shares of the company 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), 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 institutional and retail investors. Top institutional shareholders 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]