Published: Fri, February 16, 2018
Business | By Max Garcia

The Kraft Heinz Company (NASDAQ:KHC) To Report Earnings

The Kraft Heinz Company (NASDAQ:KHC) To Report Earnings

KHC stock is now showing upward return of 1.58% throughout last week and witnessed declining return of -9.19% in one month period. The number of shares traders wanted to buy or sell KHC was around 7.37 million shares compared with the full-day average over the past 30 days of 3.89 million shares. BMO Capital Markets maintained it with "Hold" rating and $96.0 target in Wednesday, September 6 report.

Want the latest recommendations from Zacks Investment Research? Hees noted that valuations were more attractive now than just two months ago and said that, in general, Kraft Heinz would look for strong brands that could do well internationally. Jefferies Group initiated coverage on Kraft Heinz in a research report on Friday, January 19th. They issued a "buy" rating and a $95.00 price target for the company. Evaluating stocks to buy and sell can be a tricky business, even with all of the data available at your fingertips. The stock now has an average rating of Buy and an average price target of $91.89.

After coming under pressure early in the session, shares of Kraft Heinz (KHC) have climbed off their worst levels but remain firmly negative in afternoon trading on Friday. The firm owned 289,338 shares of the company's stock after selling 144,171 shares during the quarter. Looking at the stock's movement on the chart, The Kraft Heinz Company recorded a 52-week high of $97.77. The firm has a market capitalization of $87,632.22, a PE ratio of 22.65, a PEG ratio of 1.93 and a beta of 0.43. The company has a quick ratio of 0.43, a current ratio of 0.77 and a debt-to-equity ratio of 0.48. With these types of results to display analysts, are more optimistic than before, leading 15 of analysts who cover The Kraft Heinz Company (NASDAQ:KHC) advice their clients to include it in their buy candidate list. The business had revenue of $6.88 billion for the quarter, compared to analyst estimates of $6.91 billion.

They expect $0.96 EPS, up 5.21% or $0.05 from last year's $0.91 per share.

The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.06).

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 23rd.

On 2/16/2018 announced a quarterly dividend of $0.63 3.43831660019255% with an ex dividend date of which will be payable on 3/9/2018. Kraft Heinz's payout ratio is 77.88%.

Several other equities analysts have also recently weighed in on the company. Private Wealth Advisors Inc. increased its position in shares of Kraft Heinz by 19.9% during the 2nd quarter. This showed a surprise of 1.2% in the last quarter earnings. Martingale Asset Management L P now owns 2,724 shares of the company's stock valued at $234,000 after purchasing an additional 13 shares in the last quarter. Reilly Financial Advisors LLC now owns 1,631 shares of the company's stock worth $140,000 after purchasing an additional 134 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its stake in The Kraft Heinz by 7.0% in the 1st quarter.

Analysts often look at short interest, or the number of shares now being shorted by investors, to aid in their outlook for a particular stock. Bank of America's target price points to a potential upside of 37.53% from the company's current price.

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