Long Term Growth review of The Kraft Heinz Company (NASDAQ:KHC)

Cornelia Mascio
Ottobre 12, 2017

The Kraft Heinz Company (NASDAQ:KHC)posting a 1.05% after which it closed the day' session at $78.14 and sees an average of 3.15M shares trade hands in each session while it's while its relative trading volume is 0.90. They now have $90.00 price objective on the stock, down from their previous price objective of $92.00.

KHC has been the subject of several other reports. BidaskClub cut The Kraft Heinz from a sell rating to a strong sell rating in a research note on Wednesday, July 5th. Credit Suisse Group set a $100.00 target price on The Kraft Heinz and gave the company a buy rating in a research note on Sunday, September 10th. Stifel Nicolaus reiterated a "buy" rating and set a $95.00 price objective on shares of The Kraft Heinz in a research report on Thursday, September 21st.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.7 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. The Price to Sales (P/S) ratio of the stock is 3.6, while P/B (Price to Book) stands at 1.61.

Shares of The Kraft Heinz (KHC) opened at 77.33 on Friday. The stock has a market cap of $94.21 billion, a P/E ratio of 24.79 and a beta of 0.44. Creative Planning lifted its holdings in shares of The Kraft Heinz by 1.9% during the second quarter.

The Kraft Heinz (NASDAQ:KHC) traded down 1.09% during mid-day trading on Monday, reaching $77.33. The company reported $0.98 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.96 by $0.02. The company had revenue of $6.68 billion for the quarter, compared to analyst estimates of $6.73 billion. The Kraft Heinz had a return on equity of 7.52% and a net margin of 14.67%. The Kraft Heinz's quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.85 earnings per share.

The company has mean EPS estimate of 0.91 reported by 13 number of analyst for the quarter ending Current Qtr.(Jun2015).

Let's have a look at some of the important valuation ratios of the The Kraft Heinz Company (KHC). If you are accessing this news story on another site, it was illegally stolen and reposted in violation of United States and worldwide trademark and copyright law. The Kraft Heinz Company has a 52-week low of $76.76 and a 52-week high of $97.77. Gradient Llc invested in 0% or 133 shares. This represents a $2.50 annualized dividend and a yield of 3.23%. New England Asset Management Inc. lifted its holdings in shares of The Kraft Heinz by 7.6% during the first quarter. The ex-dividend date of this dividend was Wednesday, August 16th. Kraft Heinz had 31 analyst reports since July 21, 2015 according to SRatingsIntel.

A number of hedge funds have recently bought and sold shares of KHC. This is a positive change from The Kraft Heinz's previous quarterly dividend of $0.60. Currently, the stock is -11.19% from its 50-Day High and 1.80% from the 50-day low. Canandaigua National Bank & Trust Co. lifted its stake in The Kraft Heinz by 6.5% in the first quarter. The stock ended last trade at $36.89 a share and the price is up more than -8.05% so far this year. Bbva Compass Bancshares Inc. lifted its stake in The Kraft Heinz by 2.8% in the first quarter. Finally, Massmutual Trust Co.

The Kraft Heinz (NASDAQ:KHC) last issued its quarterly earnings results on Thursday, August 3rd. Its share price has decline -7.67% in three months and is down -0.67% for the last five trades. New England Asset Management Inc. now owns 64,483 shares of the company's stock valued at $5,856,000 after purchasing an additional 4,560 shares in the last quarter.

The Kraft Heinz Company is a food and beverage company. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company's segments include the United States, Canada and Europe.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE