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 shares have 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."
View analyst ratings for Kraft Heinz.

Kraft Heinz is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Kraft Heinz.

Kraft Heinz Co (NASDAQ:KHC) posted its earnings results on Thursday, July, 30th. The company reported $0.80 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.15. The firm earned $6.65 billion during the quarter, compared to the consensus estimate of $6.54 billion. Kraft Heinz had a negative net margin of 0.76% and a positive return on equity of 6.68%. The business's quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.78 earnings per share.
View Kraft Heinz's earnings history.

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

18 analysts have issued 12 month price objectives for Kraft Heinz's shares. Their forecasts range from $27.00 to $39.00. On average, they anticipate 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.

Headlines about KHC stock have been trending negative this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring 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 five, with scores nearest to five being the most favorable. Kraft Heinz earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press 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 drop in short interest in the month of June. As of June 30th, there was short interest totaling 14,740,000 shares, a drop of 15.1% from the June 15th total of 17,360,000 shares. Based on an average daily volume of 6,370,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.5% of the company's stock are sold short.
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 institutional and retail 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]