Kraft Heinz Co [KHC] stock is trading at $29.66, up 0.24%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The KHC shares have gain 2.03% over the last week, with a monthly amount drifted -2.91%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kraft Heinz Co [NASDAQ: KHC] stock has seen the most recent analyst activity on January 07, 2025, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $35 from $38. Previously, Piper Sandler downgraded its rating to Neutral on November 19, 2024, and dropped its price target to $35. On October 31, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $35 on the stock. Stifel downgraded its rating to a Hold and decreased its price target to $38 on October 25, 2024. Goldman initiated its recommendation with a Sell and recommended $34 as its price target on August 12, 2024. Piper Sandler upgraded its rating to Overweight for this stock on May 22, 2024, but kept the price target unchanged to $42. In a note dated February 01, 2024, Citigroup initiated an Buy rating and provided a target price of $43 on this stock.
Kraft Heinz Co [KHC] stock has fluctuated between $28.37 and $38.96 over the past year. Currently, Wall Street analysts expect the stock to reach $35.75 within the next 12 months. Kraft Heinz Co [NASDAQ: KHC] shares were valued at $29.66 at the most recent close of the market. An investor can expect a potential return of 20.53% based on the average KHC price forecast.
Analyzing the KHC fundamentals
Kraft Heinz Co [NASDAQ:KHC] reported sales of 26.13B for the trailing twelve months, which represents a drop of -2.85%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.
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 29.54 points at the first support level, and at 29.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.81, and for the 2nd resistance point, it is at 29.97.
Ratios To Look Out For
For context, Kraft Heinz Co’s Current Ratio is 1.06. Further, the Quick Ratio stands at 0.56, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 1.37, the price to book ratio is 0.74 and price to earnings (TTM) ratio is 26.63.
Transactions by insiders
Recent insider trading involved Navio Pedro F P, EVP & Pres. North America, that happened on Nov 05 ’24 when 45000.0 shares were sold. Officer, PEDRO FRANCISCO PREZENCO NAVIO completed a deal on Nov 05 ’24 to buy 45000.0 shares. Meanwhile, Former Officer La Lande Rashida bought 15000.0 shares on Aug 14 ’24.
