A share price of Kraft Heinz Co [KHC] is currently trading at $35.17, up 0.17%. An important factor to consider is whether the stock is rising or falling in short-term value. The KHC shares have gain 1.35% over the last week, with a monthly amount drifted -0.73%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Kraft Heinz Co [NASDAQ: KHC] stock has seen the most recent analyst activity on August 12, 2024, when Goldman initiated its Sell rating and assigned the stock a price target of $34. Previously, Piper Sandler upgraded its rating to Overweight on May 22, 2024, and kept the price target unchanged to $42. On February 01, 2024, Citigroup initiated with a Buy rating and assigned a price target of $43 on the stock. Evercore ISI upgraded its rating to a Outperform and increased its price target to $42 on December 11, 2023. Bernstein upgraded its rating to a Outperform but $40 remained the price target by the analyst firm on November 14, 2023. HSBC Securities started tracking with a Hold rating for this stock on September 22, 2023, and assigned it a price target of $38. In a note dated September 13, 2023, TD Cowen initiated an Market Perform rating and provided a target price of $35 on this stock.
Kraft Heinz Co experienced fluctuations in its stock price throughout the past year between $30.68 and $38.96. Currently, Wall Street analysts expect the stock to reach $42.31 within the next 12 months. Kraft Heinz Co [NASDAQ: KHC] shares were valued at $35.17 at the most recent close of the market. An investor can expect a potential return of 20.3% based on the average KHC price forecast.
Analyzing the KHC fundamentals
Trailing Twelve Months sales for Kraft Heinz Co [NASDAQ:KHC] were 26.32B which represents -3.65% decline. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 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 34.93 points at the first support level, and at 34.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.35, and for the 2nd resistance point, it is at 35.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Kraft Heinz Co [NASDAQ:KHC] is 1.01. On the other hand, the Quick Ratio is 0.53, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 1.62, the price to book ratio is 0.87 and price to earnings (TTM) ratio is 22.47.
Transactions by insiders
Recent insider trading involved La Lande Rashida, Former Officer, that happened on Aug 14 ’24 when 15000.0 shares were purchased. Chief Omnich Sales & AEM Ofcr, Onell Cory completed a deal on Aug 02 ’24 to sell 4076.0 shares. Meanwhile, Officer Onell Cory bought 4076.0 shares on Aug 02 ’24.
