Zacks Research Expects Stronger Earnings for Kraft Heinz

Kraft Heinz Company (NASDAQ:KHCFree Report) – Analysts at Zacks Research raised their FY2025 earnings estimates for Kraft Heinz in a note issued to investors on Wednesday, August 13th. Zacks Research analyst Team now expects that the company will post earnings of $2.60 per share for the year, up from their previous forecast of $2.58. The consensus estimate for Kraft Heinz’s current full-year earnings is $2.68 per share. Zacks Research also issued estimates for Kraft Heinz’s Q4 2025 earnings at $0.71 EPS, Q2 2026 earnings at $0.70 EPS, Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.70 EPS, Q2 2027 earnings at $0.73 EPS and FY2027 earnings at $2.79 EPS.

Kraft Heinz (NASDAQ:KHCGet Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.05. The business had revenue of $6.35 billion during the quarter, compared to analysts’ expectations of $6.26 billion. Kraft Heinz had a negative net margin of 20.83% and a positive return on equity of 7.40%. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.78 EPS.

A number of other equities research analysts have also recently weighed in on the stock. Stifel Nicolaus reduced their price target on shares of Kraft Heinz from $31.00 to $30.00 and set a “hold” rating for the company in a research report on Wednesday, April 30th. Mizuho set a $29.00 price target on shares of Kraft Heinz and gave the company a “neutral” rating in a research report on Wednesday, May 28th. Hsbc Global Res raised shares of Kraft Heinz to a “hold” rating in a research report on Friday, August 1st. Wells Fargo & Company boosted their price target on shares of Kraft Heinz from $27.00 to $29.00 and gave the company an “equal weight” rating in a research report on Monday, July 14th. Finally, DZ Bank cut shares of Kraft Heinz from a “buy” rating to a “hold” rating and set a $31.00 price target for the company. in a research report on Friday, May 9th. Three research analysts have rated the stock with a sell rating and seventeen have given a hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $30.35.

Get Our Latest Report on KHC

Kraft Heinz Price Performance

Kraft Heinz stock opened at $27.67 on Friday. The stock has a market cap of $32.75 billion, a P/E ratio of -6.16, a price-to-earnings-growth ratio of 3.22 and a beta of 0.23. The company has a fifty day simple moving average of $27.02 and a 200-day simple moving average of $28.40. Kraft Heinz has a 12-month low of $25.44 and a 12-month high of $36.53. The company has a current ratio of 1.07, a quick ratio of 0.66 and a debt-to-equity ratio of 0.47.

Institutional Investors Weigh In On Kraft Heinz

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Kraft Heinz by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 102,435,702 shares of the company’s stock valued at $2,644,890,000 after acquiring an additional 454,868 shares during the period. State Street Corp lifted its position in shares of Kraft Heinz by 1.0% during the 2nd quarter. State Street Corp now owns 46,376,394 shares of the company’s stock valued at $1,197,438,000 after acquiring an additional 462,963 shares during the period. Geode Capital Management LLC lifted its position in shares of Kraft Heinz by 14.7% during the 2nd quarter. Geode Capital Management LLC now owns 26,446,203 shares of the company’s stock valued at $681,663,000 after acquiring an additional 3,392,470 shares during the period. Invesco Ltd. raised its position in shares of Kraft Heinz by 7.1% during the 2nd quarter. Invesco Ltd. now owns 17,584,674 shares of the company’s stock worth $454,036,000 after purchasing an additional 1,171,262 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Kraft Heinz during the 2nd quarter worth approximately $276,159,000. 78.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Elio Leoni Sceti sold 25,000 shares of the business’s stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $27.91, for a total transaction of $697,750.00. Following the transaction, the director directly owned 40,000 shares in the company, valued at $1,116,400. The trade was a 38.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.35% of the stock is currently owned by company insiders.

Kraft Heinz Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Friday, August 29th. Kraft Heinz’s payout ratio is -35.63%.

Kraft Heinz Company Profile

(Get Free Report)

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.

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Earnings History and Estimates for Kraft Heinz (NASDAQ:KHC)

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