Kraft Heinz Co [KHC] stock is trading at $36.59, up 0.77%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KHC shares have lost -1.53% over the last week, with a monthly amount glided 6.46%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Kraft Heinz Co [NASDAQ: KHC] stock has seen the most recent analyst activity on February 01, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $43. Previously, Evercore ISI upgraded its rating to Outperform on December 11, 2023, and elevated its price target to $42. On November 14, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $40 on the stock. HSBC Securities started tracking the stock assigning a Hold rating and suggested a price target of $38 on September 22, 2023. TD Cowen initiated its recommendation with a Market Perform and recommended $35 as its price target on September 13, 2023. In a note dated January 03, 2023, Wells Fargo initiated an Equal Weight rating and provided a target price of $43 on this stock.
Kraft Heinz Co [KHC] stock has fluctuated between $30.68 and $41.47 over the past year. Currently, Wall Street analysts expect the stock to reach $43.75 within the next 12 months. Kraft Heinz Co [NASDAQ: KHC] shares were valued at $36.59 at the most recent close of the market. An investor can expect a potential return of 19.57% based on the average KHC price forecast.
Analyzing the KHC fundamentals
Kraft Heinz Co [NASDAQ:KHC] reported sales of 26.64B for the trailing twelve months, which represents a drop of -7.06%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.36 points at the first support level, and at 36.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.76, and for the 2nd resistance point, it is at 36.93.
Ratios To Look Out For
For context, Kraft Heinz Co’s Current Ratio is 0.99. In addition, the Quick Ratio stands at 0.54 and the Cash Ratio stands at 0.17. Considering the valuation of this stock, the price to sales ratio is 1.67, the price to book ratio is 0.90 and price to earnings (TTM) ratio is 15.81.
Transactions by insiders
Recent insider trading involved Onell Cory, Chief Omnich Sales & AEM Ofcr, that happened on Mar 12 ’24 when 14289.0 shares were sold. Chief Lgl & Corp Affairs Ofcr, La Lande Rashida completed a deal on Mar 04 ’24 to sell 16209.0 shares. Meanwhile, Director Patricio Miguel sold 0.13 million shares on Jan 02 ’24.
