Should I buy or sell Kraft Heinz stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kraft Heinz in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KHC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KHC, but not buy additional shares or sell existing shares. View KHC analyst ratings or view top-rated stocks .

What is Kraft Heinz's stock price target for 2024?

11 brokers have issued 12 month target prices for Kraft Heinz's stock. Their KHC share price targets range from $35.00 to $48.00. On average, they anticipate the company's stock price to reach $40.57 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View analysts price targets for KHC or view top-rated stocks among Wall Street analysts .

How have KHC shares performed in 2024?

Kraft Heinz's stock was trading at $36.98 at the beginning of the year. Since then, KHC stock has increased by 0.4% and is now trading at $37.11. View the best growth stocks for 2024 here .

Are investors shorting Kraft Heinz?

Kraft Heinz saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 22,410,000 shares, an increase of 6.8% from the March 15th total of 20,990,000 shares. Based on an average daily trading volume, of 8,230,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.9% of the company's stock are sold short. View Kraft Heinz's Short Interest .

When is Kraft Heinz's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our KHC earnings forecast .

How can I listen to Kraft Heinz's earnings call?

Kraft Heinz will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Kraft Heinz's earnings last quarter?

The Kraft Heinz Company (NASDAQ:KHC) posted its quarterly earnings data on Wednesday, February, 14th. The company reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.01. The firm had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.99 billion. Kraft Heinz had a net margin of 10.72% and a trailing twelve-month return on equity of 7.42%. Kraft Heinz's quarterly revenue was down 7.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.85 EPS. Read the conference call transcript .

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

Kraft Heinz announced a quarterly dividend on Wednesday, February 14th. Investors of record on Friday, March 8th will be paid a dividend of $0.40 per share on Friday, March 29th. This represents a $1.60 annualized dividend and a yield of 4.31%. The ex-dividend date is Thursday, March 7th. Read our dividend analysis for KHC .

Is Kraft Heinz a good dividend stock?

Kraft Heinz (NASDAQ:KHC) pays an annual dividend of $1.60 per share and currently has a dividend yield of 4.37%. KHC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KHC will have a dividend payout ratio of 50.16% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KHC .

What ETFs hold Kraft Heinz's stock?

ETFs with the largest weight of Kraft Heinz (NASDAQ:KHC) stock in their portfolio include Optimize AI Smart Sentiment Event-Driven ETF (OAIE) , Invesco Food & Beverage ETF (PBJ) , ETC 6 Meridian Mega Cap Equity ETF (SIXA) , Invesco S&P Ultra Dividend Revenue ETF (RDIV) , ETC 6 Meridian Hedged Equity Index Option Strategy (SIXH) , WBI Power Factor High Dividend ETF (WBIY) , First Trust Nasdaq Food & Beverage ETF (FTXG) and First Trust Consumer Staples AlphaDEX Fund (FXG) .

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

Kraft Heinz updated its FY24 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of $3.01-3.07 for the period, compared to the consensus earnings per share estimate of $3.04.

What is Miguel Patricio's approval rating as Kraft Heinz's CEO?

95 employees have rated Kraft Heinz Chief Executive Officer Miguel Patricio on Glassdoor.com . Miguel Patricio has an approval rating of 80% among the company's employees.

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) , Johnson & Johnson (JNJ) , Intel (INTC) , Pfizer (PFE) , Verizon Communications (VZ) , Exxon Mobil (XOM) , Bank of America (BAC) , AbbVie (ABBV) , General Electric (GE) and Cisco Systems (CSCO) .

Who are Kraft Heinz's major shareholders?

Kraft Heinz's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.04%), Foundation Resource Management Inc. (0.03%), Centre Asset Management LLC (0.02%), Adams Asset Advisors LLC (0.02%), Community Bank of Raymore (0.02%) and RK Asset Management LLC (0.02%). Insiders that own company stock include Bruno Keller , Flavio Torres, Global Food Holdings Lp 3G, John T Cahill , Lande Rashida La , Marcos Eloi Lima , Melissa Werneck , Miguel Patricio and Vince Garlati . View institutional ownership trends .

How do I buy shares of Kraft Heinz?

Shares of KHC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Kraft Heinz have any subsidiaries?

The following companies are subsidiares of Kraft Heinz: Alimentos Heinz C.A., Alimentos Heinz de Costa Rica S.A., Asian Home Gourmet Pte. Ltd, Asian Restaurants Limited, Battery Properties Inc., Boca Foods Company, Cadbury, Cairo Food Industries S.A.E., Capri Sun Inc., Carlton Bridge Limited, Cerebos Australia Ltd., Cerebos Gregg’s Ltd., Cerebos Skellerop Ltd., Churny Company Inc., Claussen Pickle Co., Comercializadora Heinz Panama SCA, Country Ford Development Limited, Delimex de Mexico S.A. de C.V., Delta Incorporated Limited, Devour Foods LLC, Distribuidora Heinz Caracas C.A., Distribuidora Heinz Maracaibo C.A., Ethical Bean Coffee Company Limited, Ethical Bean LLC, Fall Ridge Partners LLP, Foodstar (China) Investments Company Limited, Foodstar (Shanghai) Foods Co. Ltd., Foodstar Holdings Pte. Ltd., Fruitlove LLC, Fundacion Heinz, Garland BBQ Company, Gevalia Kaffe LLC, Golden Circle Limited, H. J. Heinz Belgium S.A., H. J. Heinz Company Brands LLC, H.J. Heinz Asset Leasing Limited, H.J. Heinz B.V., H.J. Heinz Company (Ireland) Limited, H.J. Heinz Company (New Zealand) Limited, H.J. Heinz Company Australia Limited, H.J. Heinz Company Limited, H.J. Heinz Distribution SAS, H.J. Heinz European Holding B.V., H.J. Heinz Finance UK PLC, H.J. Heinz Foods Spain S.L.U., H.J. Heinz Foods UK Limited, H.J. Heinz France SAS, H.J. Heinz Frozen & Chilled Foods Limited, H.J. Heinz Global Holding B.V., H.J. Heinz Global Holding LLC, H.J. Heinz GmbH, H.J. Heinz Group B.V., H.J. Heinz Holding B.V., H.J. Heinz Investments Coöperatief U.A., H.J. Heinz Ireland Holdings, H.J. Heinz Manufacturing Ireland Limited, H.J. Heinz Manufacturing Spain S.L.U., H.J. Heinz Manufacturing UK Limited, H.J. Heinz Nederland B.V., H.J. Heinz Nigeria Limited, H.J. Heinz Polska Sp. z o.o., H.J. Heinz Supply Chain Europe B.V., H.J. Heinz US Brands LLC, HJH Development Corporation, HJH Overseas LLC, HP Foods Holdings Limited, HP Foods International Limited, HP Foods Limited, HZ.I.L. Ltd., Heinz (China) Investment Company Limited, Heinz (China) Sauces & Condiments Co. Ltd., Heinz Africa FZE, Heinz Africa and Middle East FZE, Heinz Asean Pte. Ltd., Heinz Brasil S.A., Heinz Colombia SAS, Heinz Credit LLC, Heinz Egypt LLC, Heinz Egypt Trading LLC, Heinz Europe Unlimited, Heinz Finance (Luxembourg) S.à r.l, Heinz Foreign Investment Company, Heinz Frozen & Chilled Foods B.V., Heinz Gida Anonim Sirketi, Heinz Hong Kong Ltd., Heinz Investments (Cyprus) Ltd., Heinz Israel Ltd., Heinz Italia S.p.A., Heinz Japan Ltd., Heinz Korea Ltd., Heinz Mexico S.A. de C.V., Heinz Nutrition Foundation India, Heinz Pakistan (Pvt.) Limited, Heinz Panama S.A., Heinz Purchasing Company, Heinz Qingdao Food Co. Ltd., Heinz Shanghai Enterprise Services Co. Ltd., Heinz Single Service Limited, Heinz South Africa (Pty.) Ltd., Heinz Thailand Limited, Heinz Transatlantic Holding LLC, Heinz UFE Ltd., Heinz Vietnam Company Limited, Heinz Wattie's Limited, Heinz Wattie's Pty Limited, Heinz Wattie’s Japan YK, Heinz-Noble Inc., Helco Services Limited, Highview Atlantic Finance (Barbados) SRL, Horizon FZCO, Horizon UAE FZCO, Hugo Canning Co. Pty Ltd., Industria Procesadora de Alimentos de Barcelona C.A., International Gourmet Specialties LLC, International Spirits Recipes LLC, Istituto Scotti Bassani per la Ricerca e l'Informazione Scientifica e Nutrizionale, Jacobs Road Limited, KFG Management Services LLC, KH Caribbean SRL, KH Foodstar LLC, KH Gustav LLC, KH Investment Company LLC, KHFC Luxembourg Holdings S.à r.l, Kaiping Guanghe Fermented Bean Curd Co. Ltd., Kaiping Jiashili Dried Fruit and Nuts Co. Ltd., Kaiping Weishida Seasonings Co. Ltd., Koninklijke De Ruijter B.V., Kraft Foods Group Brands LLC, Kraft Foods Group Exports LLC, Kraft Foods Group Netherlands Holding B.V., Kraft Foods Group Puerto Rico LLC, Kraft Heinz (Barbados) SRL, Kraft Heinz (Ireland) Ltd, Kraft Heinz Amsterdam B.V., Kraft Heinz Argentina S.R.L., Kraft Heinz Australia Pty Limited, Kraft Heinz Brasil Comercio Distribuicao E Importacao Ltda., Kraft Heinz Canada ULC, Kraft Heinz Chile Limitada, Kraft Heinz Foods Company, Kraft Heinz Foods Company LP, Kraft Heinz Foods Luxembourg Holdings S.à r.l, Kraft Heinz Global Finance B.V., Kraft Heinz Holding LLC, Kraft Heinz India Private Limited, Kraft Heinz Ingredients Corp., Kraft Heinz Intermediate Corporation I, Kraft Heinz Intermediate Corporation II, Kraft Heinz International B.V., Kraft Heinz Investment Company LLC, Kraft Heinz NoMa B.V., Kraft Heinz Puerto Rico LLC, Kraft Heinz Sewickley C.V., Kraft Heinz Singapore Holding Pte. Ltd., Kraft Heinz UK Limited, Kraft Heinz Yangjiang Foods Co. Ltd., Kraft New Services LLC, LLC Heinz-Georgievsk, LLC Ivanovsky Kombinat Detskogo Pitaniya, La Bonne Cuisine Limited, Langtech Citrus Pty. Limited, Lea & Perrins LLC, Lea & Perrins Limited, MILKSUN spol. s.r.o., Master Chef Limited, Mealtime Stories LLC, Nanjing Jilun Seasoning Products Pte. Ltd., Nature's Delicious Foods Group LLC, Noble Insurance Company Limited, O.R.A. LLC, P.T. Heinz ABC Indonesia, PPK Ltd., Petroproduct-Otradnoye Limited, Phenix Management Corporation, Pollio Italian Cheese Company, Primal Kitchen, Primal Nutrition LLC, Pro-Share Limited, Pudliszki Sp. z o.o., RINC Ltd., Renee's Gourmet Foods Inc., Salpak Pty Ltd., Seven Seas Foods Inc., Sewickley LLC, TNCOR Ltd., The Bold Butcher LLC, The Kraft Heinz Company Foundation, The Yuban Coffee Company, Thompson & Hills Ltd., Top Taste Company Limited, Tsai Weng Ping Incorporated Limited, WW Foods LLC, Weishida (Nanjing) Foods Co. Ltd., Wellio Inc., Wexford LLC, XO Dairy LLC, evolv group llc, evolv venture capital fund LP, and evolv ventures llc. Read More

NASDAQ:KHC

Kraft Heinz (KHC) Stock Price, News & Analysis

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$37.11

+0.21 (+0.57%)

(As of 04/18/2024 ET)

Compare

Today's Range: $36.65
▼
$37.29
50-Day Range: $34.16
▼
$37.39
52-Week Range: $30.68
▼
$41.47

Volume: 6.77 million shs
Average Volume: 8.13 million shs
Market Capitalization: $45.11 billion

P/E Ratio: 16.07
Dividend Yield: 4.31%
Price Target: $40.57

Get Kraft Heinz alerts:

Kraft Heinz MarketRank™ Stock Analysis

Analyst Rating: Hold
2.45 Rating Score
Upside/Downside: 9.3% Upside
$40.57 Price Target
Short Interest: Healthy
1.85% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.44
Upright™ Environmental Score
News Sentiment: 0.85
Based on 23 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.63%
From $3.02 to $3.19 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.68 out of 5 stars

Consumer Staples Sector

33rd out of 134 stocks

Canned, Frozen, & Preserved Fruits, Vegetables, & Food Special Industry

2nd out of 4 stocks

1.2

Analyst's Opinion

Consensus Rating
Kraft Heinz has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Kraft Heinz has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.85% of the float of Kraft Heinz has been sold short.
Short Interest Ratio / Days to Cover
Kraft Heinz has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Kraft Heinz has recently increased by 6.77%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Kraft Heinz is a leading dividend payer. It pays a dividend yield of 4.37%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Kraft Heinz does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Kraft Heinz is 69.26%. 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 50.16% next year. This indicates that Kraft Heinz will be able to sustain or increase its dividend.

2.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Kraft Heinz has received a -0.78% net impact score from Upright. The largest negative impact of Kraft Heinz in category "Physical diseases" seems to be driven mostly by its "Cheese", "Mozzarella sticks", "Sheep milk cheese", "Goat cheese", "Beef jerky", and "Hot dogs" products. See details.
Environmental Sustainability
The Environmental Impact score for Kraft Heinz is -2.44.

2.7

News and Social Media Coverage

News Sentiment
Kraft Heinz has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 23 news articles for Kraft Heinz this week, compared to 15 articles on an average week.
Search Interest
Only 58 people have searched for KHC on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.
MarketBeat Follows
Only 36 people have added Kraft Heinz to their MarketBeat watchlist in the last 30 days. This is a decrease of -5% compared to the previous 30 days.

1.7

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 0.32% of the stock of Kraft Heinz is held by insiders.
Percentage Held by Institutions
78.17% of the stock of Kraft Heinz is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Kraft Heinz are expected to grow by 5.63% in the coming year, from $3.02 to $3.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kraft Heinz is 16.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kraft Heinz is 16.07, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.72.
Price to Earnings Growth Ratio
Kraft Heinz has a PEG Ratio of 2.89. 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 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Kraft Heinz Stock (NASDAQ:KHC)

Kraft Heinz Co. is a global food and beverage company that manufactures and markets various household brands, including Kraft, Heinz, Oscar Mayer, and Planters. The company is headquartered in Chicago, Illinois, and operates in over 40 countries. Kraft Heinz Co. is a consumer staples stock because it sells necessary items regardless of the economic landscape. Kraft Heinz Co. is a defensive stock because it typically provides a steadier dividend and a consistent share price.

Kraft Heinz has a long-standing history of producing food products that are high in quality and affordable in price. Their portfolio includes a wide range of products such as condiments, cheese, meals and snacks. Some of the most popular products in their portfolio include Kraft Macaroni and Cheese, Heinz Ketchup, Oscar Mayer Hot Dogs and Planters Peanuts.

In 2015, Kraft Foods Group and H.J. Heinz Company merged to form Kraft Heinz. The merger brought together two of the world's most iconic food brands. In 2017 the company acquired Big Food Group, a UK-based food company that produces a range of products, including sauces, soups, and condiments. In 2018, Kraft Heinz acquired Primal Kitchen, which makes a range of organic and paleo-friendly food products, including dressings, marinades, and protein bars. In 2018, Kraft Heinz acquired the food and instant coffee business of Cerebos Australia, a subsidiary of Japan's Suntory Holdings. In October 2020, Kraft Heinz acquired Assan Foods, a Turkish-based company that produces a range of sauces, tomato paste, and other food products. In November 2020, Kraft Heinz acquired Primal Nutrition LLC, a collagen powder and bars maker, for an undisclosed sum.

Despite its strong brand recognition and wide range of products, Kraft Heinz has faced several challenges in recent years. One of the biggest challenges the company has faced is changing consumer preferences. Consumers are increasingly looking for healthier, organic, and natural food products, which has led to a decline in sales of some of Kraft Heinz's core products.

Kraft Heinz has focused on innovation and product development to address these challenges. The company has launched several new products recently, including its organic Capri Sun juices line and Planters Nut-rition line of snacks fortified with vitamins and minerals. The company has also focused on improving the quality of its existing products, such as removing artificial colors, flavors, and preservatives from its Macaroni and Cheese products.

In addition to product innovation, Kraft Heinz has also tried to improve its operational efficiency. In 2019, the company announced a plan to reduce its global workforce by 5%, or approximately 2,500 positions, to streamline its operations and reduce costs. The company also announced plans to invest in its supply chain and distribution networks to improve efficiency.

Investors in Kraft Heinz have seen mixed results in recent years. In 2020, the company's stock price declined by approximately 20% due to the COVID-19 pandemic, which impacted its supply chain and product demand. However, the company's stock price recovered in 2021, reporting solid earnings results and announcing plans to increase its dividend.

KHC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KHC Stock News Headlines

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Hold Rating on Kraft Heinz Amid Mixed Performance and Market Pressures

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Kraft Heinz (KHC) Surpasses Market Returns: Some Facts Worth Knowing

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Kraft Heinz (NASDAQ:KHC) Given New $42.00 Price Target at Bank of America

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The Kraft Heinz Company (NASDAQ:KHC) Short Interest Up 6.8% in March

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Buy Rating Affirmed for Kraft Heinz on Consistent Performance and Strong Financial Strategy

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The Kraft Heinz Company's (NASDAQ:KHC) Stock Is Going Strong: Have Financials A Role To Play?

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See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Ex-Dividend for 3/29 Dividend: 3/07/2024
Dividend Payable: 3/29/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Canned, frozen, & preserved fruits, vegetables, & food special
Sub-Industry: N/A
Current Symbol: NASDAQ:KHC
CUSIP: N/A
CIK: 1637459
Web: www.kraftheinzcompany.com
Phone: (412) 456-5700
Fax: 847-646-2922
Employees: 36,000
Year Founded: 2015

Price Target and Rating

Average Stock Price Target: $40.57
High Stock Price Target: $48.00
Low Stock Price Target: $35.00
Potential Upside/Downside: +9.3%
Consensus Rating: Hold
Rating Score (0-4): 2.45
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.31
Trailing P/E Ratio: 16.07
Forward P/E Ratio: 12.29
P/E Growth: 2.89
Net Income: $2.86 billion
Net Margins: 10.72%
Pretax Margin: 13.64%
Return on Equity: 7.42%
Return on Assets: 4.07%

Debt

Debt-to-Equity Ratio: 0.39
Current Ratio: 0.99
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: $26.64 billion
Price / Sales: 1.69
Cash Flow: $3.83 per share
Price / Cash Flow: 9.70
Book Value: $40.51 per share
Price / Book: 0.92

Miscellaneous

Outstanding Shares: 1,215,640,000
Free Float: 1,211,748,000
Market Cap: $45.11 billion
Optionable: Optionable
Beta: 0.67

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Key Executives

Mr. Carlos A. Abrams-Rivera (Age 56)
CEO & Director
Comp: $3.55M
Mr. Andre Maciel (Age 49)
Executive VP & Global CFO
Comp: $2.54M
Ms. Rashida K. La Lande (Age 49)
Executive VP and Chief Legal & Corporate Affairs Officer
Comp: $2.09M
Mr. Rafael de Oliveira (Age 49)
Executive VP & Zone President of International Markets
Comp: $2.9M
Mr. Chris Asher (Age 43)
Acting Principal Accounting Officer & Deputy Global Controller
Ms. Anne-Marie Megela
VP & Global Head of Investor Relations
Ms. Kathy Krenger (Age 56)
Senior VP & Chief Communications Officer
Mr. Peter Hall
Vice President of Sales
Ms. Melissa Alves Werneck (Age 51)
Executive VP & Global Chief People Officer
Mr. Eduardo Machado de Carvalho Pelleissone (Age 50)
Executive Vice President of Operations
Comp: $2.04M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Kraft Heinz Stock? KHC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Kraft Heinz Company:

The Kraft Heinz Company reported earnings per share (EPS) of $0.78 for the last quarter, exceeding the consensus estimate by $0.01. This indicates strong financial performance.
Kraft Heinz pays a quarterly dividend of $0.40, with an annualized dividend of $1.60 and a yield of 4.40%. This can provide investors with a steady income stream.
The company has a market capitalization of $44.12 billion, showcasing its size and stability in the market.
With a PE ratio of 15.74, Kraft Heinz's stock may be considered undervalued compared to industry peers, presenting a potential value investment opportunity.
Analysts predict that The Kraft Heinz Company will post 3.02 EPS for the current fiscal year, indicating potential growth and profitability.

Cons

Investors should be bearish about investing in The Kraft Heinz Company for these reasons:

The company's revenue for the last quarter was down 7.1% compared to the same period last year, signaling a decline in sales.
Kraft Heinz's stock has a beta of 0.67, indicating lower volatility compared to the market average. This may result in slower price movements for traders seeking quick gains.
The stock's price-to-earnings-growth ratio of 2.83 suggests that the stock may be overvalued relative to its growth prospects, potentially limiting future returns.
The quick ratio of 0.54 and current ratio of 0.99 indicate that the company may have difficulties meeting its short-term financial obligations, posing liquidity risks.
Seven analysts have rated the stock with a hold rating, reflecting uncertainty in the market about the company's future performance.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Kraft Heinz pros and cons to contact@marketbeat.com.

KHC Stock Analysis - Frequently Asked Questions

Should I buy or sell Kraft Heinz stock right now?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kraft Heinz in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KHC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KHC, but not buy additional shares or sell existing shares.
View KHC analyst ratings or view top-rated stocks.
What is Kraft Heinz's stock price target for 2024?: 11 brokers have issued 12 month target prices for Kraft Heinz's stock. Their KHC share price targets range from $35.00 to $48.00. On average, they anticipate the company's stock price to reach $40.57 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts price targets for KHC or view top-rated stocks among Wall Street analysts.
How have KHC shares performed in 2024?: Kraft Heinz's stock was trading at $36.98 at the beginning of the year. Since then, KHC stock has increased by 0.4% and is now trading at $37.11.
View the best growth stocks for 2024 here.
Are investors shorting Kraft Heinz?: Kraft Heinz saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 22,410,000 shares, an increase of 6.8% from the March 15th total of 20,990,000 shares. Based on an average daily trading volume, of 8,230,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.9% of the company's stock are sold short.
View Kraft Heinz's Short Interest.
When is Kraft Heinz's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our KHC earnings forecast.
How can I listen to Kraft Heinz's earnings call?: Kraft Heinz will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Kraft Heinz's earnings last quarter?: The Kraft Heinz Company (NASDAQ:KHC) posted its quarterly earnings data on Wednesday, February, 14th. The company reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.01. The firm had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.99 billion. Kraft Heinz had a net margin of 10.72% and a trailing twelve-month return on equity of 7.42%. Kraft Heinz's quarterly revenue was down 7.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.85 EPS.
Read the conference call transcript.
How often does Kraft Heinz pay dividends? What is the dividend yield for Kraft Heinz?: Kraft Heinz announced a quarterly dividend on Wednesday, February 14th. Investors of record on Friday, March 8th will be paid a dividend of $0.40 per share on Friday, March 29th. This represents a $1.60 annualized dividend and a yield of 4.31%. The ex-dividend date is Thursday, March 7th.
Read our dividend analysis for KHC.

Is Kraft Heinz a good dividend stock?: Kraft Heinz (NASDAQ:KHC) pays an annual dividend of $1.60 per share and currently has a dividend yield of 4.37%. KHC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KHC will have a dividend payout ratio of 50.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KHC.
What ETFs hold Kraft Heinz's stock?: ETFs with the largest weight of Kraft Heinz (NASDAQ:KHC) stock in their portfolio include Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Invesco Food & Beverage ETF (PBJ), ETC 6 Meridian Mega Cap Equity ETF (SIXA), Invesco S&P Ultra Dividend Revenue ETF (RDIV), ETC 6 Meridian Hedged Equity Index Option Strategy (SIXH), WBI Power Factor High Dividend ETF (WBIY), First Trust Nasdaq Food & Beverage ETF (FTXG) and First Trust Consumer Staples AlphaDEX Fund (FXG).
What guidance has Kraft Heinz issued on next quarter's earnings?: Kraft Heinz updated its FY24 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of $3.01-3.07 for the period, compared to the consensus earnings per share estimate of $3.04.
What is Miguel Patricio's approval rating as Kraft Heinz's CEO?: 95 employees have rated Kraft Heinz Chief Executive Officer Miguel Patricio on Glassdoor.com. Miguel Patricio has an approval rating of 80% among the company's employees.
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), Johnson & Johnson (JNJ), Intel (INTC), Pfizer (PFE), Verizon Communications (VZ), Exxon Mobil (XOM), Bank of America (BAC), AbbVie (ABBV), General Electric (GE) and Cisco Systems (CSCO).
Who are Kraft Heinz's major shareholders?: Kraft Heinz's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.04%), Foundation Resource Management Inc. (0.03%), Centre Asset Management LLC (0.02%), Adams Asset Advisors LLC (0.02%), Community Bank of Raymore (0.02%) and RK Asset Management LLC (0.02%). Insiders that own company stock include Bruno Keller, Flavio Torres, Global Food Holdings Lp 3G, John T Cahill, Lande Rashida La, Marcos Eloi Lima, Melissa Werneck, Miguel Patricio and Vince Garlati.
View institutional ownership trends.
How do I buy shares of Kraft Heinz?: Shares of KHC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Kraft Heinz have any subsidiaries?: The following companies are subsidiares of Kraft Heinz: Alimentos Heinz C.A., Alimentos Heinz de Costa Rica S.A., Asian Home Gourmet Pte. Ltd, Asian Restaurants Limited, Battery Properties Inc., Boca Foods Company, Cadbury, Cairo Food Industries S.A.E., Capri Sun Inc., Carlton Bridge Limited, Cerebos Australia Ltd., Cerebos Gregg’s Ltd., Cerebos Skellerop Ltd., Churny Company Inc., Claussen Pickle Co., Comercializadora Heinz Panama SCA, Country Ford Development Limited, Delimex de Mexico S.A. de C.V., Delta Incorporated Limited, Devour Foods LLC, Distribuidora Heinz Caracas C.A., Distribuidora Heinz Maracaibo C.A., Ethical Bean Coffee Company Limited, Ethical Bean LLC, Fall Ridge Partners LLP, Foodstar (China) Investments Company Limited, Foodstar (Shanghai) Foods Co. Ltd., Foodstar Holdings Pte. Ltd., Fruitlove LLC, Fundacion Heinz, Garland BBQ Company, Gevalia Kaffe LLC, Golden Circle Limited, H. J. Heinz Belgium S.A., H. J. Heinz Company Brands LLC, H.J. Heinz Asset Leasing Limited, H.J. Heinz B.V., H.J. Heinz Company (Ireland) Limited, H.J. Heinz Company (New Zealand) Limited, H.J. Heinz Company Australia Limited, H.J. Heinz Company Limited, H.J. Heinz Distribution SAS, H.J. Heinz European Holding B.V., H.J. Heinz Finance UK PLC, H.J. Heinz Foods Spain S.L.U., H.J. Heinz Foods UK Limited, H.J. Heinz France SAS, H.J. Heinz Frozen & Chilled Foods Limited, H.J. Heinz Global Holding B.V., H.J. Heinz Global Holding LLC, H.J. Heinz GmbH, H.J. Heinz Group B.V., H.J. Heinz Holding B.V., H.J. Heinz Investments Coöperatief U.A., H.J. Heinz Ireland Holdings, H.J. Heinz Manufacturing Ireland Limited, H.J. Heinz Manufacturing Spain S.L.U., H.J. Heinz Manufacturing UK Limited, H.J. Heinz Nederland B.V., H.J. Heinz Nigeria Limited, H.J. Heinz Polska Sp. z o.o., H.J. Heinz Supply Chain Europe B.V., H.J. Heinz US Brands LLC, HJH Development Corporation, HJH Overseas LLC, HP Foods Holdings Limited, HP Foods International Limited, HP Foods Limited, HZ.I.L. Ltd., Heinz (China) Investment Company Limited, Heinz (China) Sauces & Condiments Co. Ltd., Heinz Africa FZE, Heinz Africa and Middle East FZE, Heinz Asean Pte. Ltd., Heinz Brasil S.A., Heinz Colombia SAS, Heinz Credit LLC, Heinz Egypt LLC, Heinz Egypt Trading LLC, Heinz Europe Unlimited, Heinz Finance (Luxembourg) S.à r.l, Heinz Foreign Investment Company, Heinz Frozen & Chilled Foods B.V., Heinz Gida Anonim Sirketi, Heinz Hong Kong Ltd., Heinz Investments (Cyprus) Ltd., Heinz Israel Ltd., Heinz Italia S.p.A., Heinz Japan Ltd., Heinz Korea Ltd., Heinz Mexico S.A. de C.V., Heinz Nutrition Foundation India, Heinz Pakistan (Pvt.) Limited, Heinz Panama S.A., Heinz Purchasing Company, Heinz Qingdao Food Co. Ltd., Heinz Shanghai Enterprise Services Co. Ltd., Heinz Single Service Limited, Heinz South Africa (Pty.) Ltd., Heinz Thailand Limited, Heinz Transatlantic Holding LLC, Heinz UFE Ltd., Heinz Vietnam Company Limited, Heinz Wattie's Limited, Heinz Wattie's Pty Limited, Heinz Wattie’s Japan YK, Heinz-Noble Inc., Helco Services Limited, Highview Atlantic Finance (Barbados) SRL, Horizon FZCO, Horizon UAE FZCO, Hugo Canning Co. Pty Ltd., Industria Procesadora de Alimentos de Barcelona C.A., International Gourmet Specialties LLC, International Spirits Recipes LLC, Istituto Scotti Bassani per la Ricerca e l'Informazione Scientifica e Nutrizionale, Jacobs Road Limited, KFG Management Services LLC, KH Caribbean SRL, KH Foodstar LLC, KH Gustav LLC, KH Investment Company LLC, KHFC Luxembourg Holdings S.à r.l, Kaiping Guanghe Fermented Bean Curd Co. Ltd., Kaiping Jiashili Dried Fruit and Nuts Co. Ltd., Kaiping Weishida Seasonings Co. Ltd., Koninklijke De Ruijter B.V., Kraft Foods Group Brands LLC, Kraft Foods Group Exports LLC, Kraft Foods Group Netherlands Holding B.V., Kraft Foods Group Puerto Rico LLC, Kraft Heinz (Barbados) SRL, Kraft Heinz (Ireland) Ltd, Kraft Heinz Amsterdam B.V., Kraft Heinz Argentina S.R.L., Kraft Heinz Australia Pty Limited, Kraft Heinz Brasil Comercio Distribuicao E Importacao Ltda., Kraft Heinz Canada ULC, Kraft Heinz Chile Limitada, Kraft Heinz Foods Company, Kraft Heinz Foods Company LP, Kraft Heinz Foods Luxembourg Holdings S.à r.l, Kraft Heinz Global Finance B.V., Kraft Heinz Holding LLC, Kraft Heinz India Private Limited, Kraft Heinz Ingredients Corp., Kraft Heinz Intermediate Corporation I, Kraft Heinz Intermediate Corporation II, Kraft Heinz International B.V., Kraft Heinz Investment Company LLC, Kraft Heinz NoMa B.V., Kraft Heinz Puerto Rico LLC, Kraft Heinz Sewickley C.V., Kraft Heinz Singapore Holding Pte. Ltd., Kraft Heinz UK Limited, Kraft Heinz Yangjiang Foods Co. Ltd., Kraft New Services LLC, LLC Heinz-Georgievsk, LLC Ivanovsky Kombinat Detskogo Pitaniya, La Bonne Cuisine Limited, Langtech Citrus Pty. Limited, Lea & Perrins LLC, Lea & Perrins Limited, MILKSUN spol. s.r.o., Master Chef Limited, Mealtime Stories LLC, Nanjing Jilun Seasoning Products Pte. Ltd., Nature's Delicious Foods Group LLC, Noble Insurance Company Limited, O.R.A. LLC, P.T. Heinz ABC Indonesia, PPK Ltd., Petroproduct-Otradnoye Limited, Phenix Management Corporation, Pollio Italian Cheese Company, Primal Kitchen, Primal Nutrition LLC, Pro-Share Limited, Pudliszki Sp. z o.o., RINC Ltd., Renee's Gourmet Foods Inc., Salpak Pty Ltd., Seven Seas Foods Inc., Sewickley LLC, TNCOR Ltd., The Bold Butcher LLC, The Kraft Heinz Company Foundation, The Yuban Coffee Company, Thompson & Hills Ltd., Top Taste Company Limited, Tsai Weng Ping Incorporated Limited, WW Foods LLC, Weishida (Nanjing) Foods Co. Ltd., Wellio Inc., Wexford LLC, XO Dairy LLC, evolv group llc, evolv venture capital fund LP, and evolv ventures llc.
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This page (NASDAQ:KHC) was last updated on 4/19/2024 by MarketBeat.com Staff

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