NASDAQ:KHCKraft Heinz Stock Price, Forecast & News

$31.40

-0.03 (-0.10 %)

(As of 06/3/2020 11:44 AM ET)

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Today's Range

$31.35

Now: $31.40▼

$31.83

50-Day Range

$27.93

MA: $29.51▼

$31.03

52-Week Range

$19.99

Now: $31.40▼

$33.43

Volume1.69 million shs

Average Volume5.39 million shs

Market Capitalization$38.37 billion

P/E Ratio20.00

Dividend Yield5.26%

Beta0.99

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^™

2.1 Analyst's Opinion

Consensus Rating
Kraft Heinz has received a consensus rating of Hold. The company's average rating score is 2.12, and is based on 3 buy ratings, 13 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $30.41, Kraft Heinz has a potential downside of 3.2% from its current price of $31.42.
Amount of Analyst Coverage
Kraft Heinz has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Kraft Heinz has received 594 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Kraft Heinz has received 516 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Kraft Heinz has received 53.51% “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 5.26%, 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 66.39 % 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 0.53% of the stock of Kraft Heinz is held by insiders.
Percentage Held by Institutions
57.78% of the stock of Kraft Heinz is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Kraft Heinz are expected to grow by 0.84% in the coming year, from $2.39 to $2.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kraft Heinz is 20.01, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.96.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kraft Heinz is 20.01, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 37.57.
Price to Earnings Growth Ratio
Kraft Heinz has a PEG Ratio of 2.12. 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 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.36 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

Webwww.kraftheinzcompany.com

Phone412-456-5700

Debt

Debt-to-Equity Ratio0.62

Current Ratio1.48

Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio20.00

Forward P/E Ratio13.14

P/E Growth2.12

Sales & Book Value

Annual Sales$24.98 billion

Price / Sales1.54

Cash Flow$3.53 per share

Price / Cash Flow8.89

Book Value$42.38 per share

Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)$2.85

Net Income$1.94 billion

Net Margins7.58%

Return on Equity6.54%

Return on Assets3.28%

Miscellaneous

Employees37,000

Outstanding Shares1,221,830,000

Market Cap$38.37 billion

Next Earnings Date8/13/2020 (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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KHC shares have increased by 32.8% and is now trading at $31.42. View which stocks have been most impacted by Coronavirus.

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

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kraft Heinz in the last year. There are currently 1 sell rating, 13 hold ratings and 3 buy ratings 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, August 13th 2020. View our earnings forecast for Kraft Heinz.

How were Kraft Heinz's earnings last quarter?

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

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

Kraft Heinz announced 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 dividend on an annualized basis and a yield of 5.09%. The ex-dividend date is Thursday, May 28th. View Kraft Heinz's dividend history.

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

Kraft Heinz issued an update on its first quarter 2020 After-Hours earnings guidance on Monday, April, 6th. The company provided earnings per share 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?

17 equities research analysts have issued 12 month price objectives for Kraft Heinz's stock. Their forecasts range from $22.00 to $38.00. On average, they expect Kraft Heinz's stock price to reach $30.41 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View analysts' price targets for Kraft Heinz.

Has Kraft Heinz been receiving favorable news coverage?

Media headlines about KHC stock have trended neutral this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. 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 coverage optimism score of 0.2 on InfoTrie's scale. They also gave media headlines 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 company's share price in the immediate future. View the latest news aboutKraft Heinz.

Are investors shorting Kraft Heinz?

Kraft Heinz saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 15,240,000 shares, a decline of 13.9% from the April 30th total of 17,710,000 shares. Based on an average trading volume of 10,290,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.6% of the shares of the company are short sold. 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). View all competitors.

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), Exxon Mobil (XOM), Bank of America (BAC), Pfizer (PFE), Intel (INTC), Altria Group (MO), Johnson & Johnson (JNJ), Verizon Communications (VZ) 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 State Street Corp (2.50%), Franklin Resources Inc. (1.76%), Geode Capital Management LLC (0.81%), Invesco Ltd. (0.75%), American International Group Inc. (0.73%) and FDx Advisors Inc. (0.67%). 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 Commerzbank Aktiengesellschaft FI, American International Group Inc., AGF Investments Inc., Schroder Investment Management Group, Morgan Stanley, Morgan Stanley, Russell Investments Group Ltd., and AQR Capital Management LLC. View insider buying and selling activity for Kraft Heinz.

Which institutional investors are buying Kraft Heinz stock?

KHC stock was acquired by a variety of institutional investors in the last quarter, including FDx Advisors Inc., FDx Advisors Inc., Prudential PLC, First Eagle Investment Management LLC, Franklin Resources Inc., APG Asset Management N.V., Janus Henderson Group PLC, and RWWM Inc.. 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 $31.42.

How big of a company is Kraft Heinz?

Kraft Heinz has a market capitalization of $38.39 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.

What is Kraft Heinz's official website?

The official website for Kraft Heinz is 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 6/3/2020 by MarketBeat.com Staff