The Kraft Heinz Company [KHC] stock Downgrade by DZ Bank analyst, price target now $44

The Kraft Heinz Company [NASDAQ: KHC] closed the trading session at $43.87 on 05/20/21. The day’s price range saw the stock hit a low of $43.405, while the highest price level was $44.00. The company report on May 21, 2021 that Welcome to The Space Jammies: Kraft Launches Limited-Edition “Space Jam: A New Legacy”-Inspired Pajamas and All-New Noodle Shapes Mac & Cheese.

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Get Ready (and Comfy) to Enjoy Mac & a Movie when New Shapes and Space Jammies are Available for the Movie Premiere on July 16.

For the live-action/animated movie event of the summer, Warner Bros. Pictures’ “Space Jam: A New Legacy,” Kraft Mac & Cheese is creating exclusive Space Jammies pajamas. Perfect for movie night, Kraft Mac & Cheese Space Jammies provide the ultimate comfort while watching the highly anticipated movie and enjoying a box of new Kraft Mac & Cheese Space Jam: A New Legacy noodle shapes.

The stocks have a year to date performance of 26.57 percent and weekly performance of 0.11 percent. The stock has been moved at 38.87 percent over the last six months. The stock has performed 5.51 percent around the most recent 30 days and changed 17.05 percent over the most recent 3-months.

If compared to the average trading volume of 6.49M shares, KHC reached to a volume of 4197525 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about The Kraft Heinz Company [KHC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KHC shares is $42.01 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KHC stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

DZ Bank have made an estimate for The Kraft Heinz Company shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 05, 2021. The new note on the price target was released on April 23, 2021, representing the official price target for The Kraft Heinz Company stock. Previously, the target price had yet another raise to $41, while JP Morgan analysts kept a Neutral rating on KHC stock. On October 30, 2020, analysts increased their price target for KHC shares from 34 to 35.

The Average True Range (ATR) for The Kraft Heinz Company is set at 0.78, with the Price to Sales ratio for KHC stock in the period of the last 12 months amounting to 2.04. The Price to Book ratio for the last quarter was 1.07, with the Price to Cash per share for the same quarter was set at 1.93. Price to Free Cash Flow for KHC in the course of the last twelve months was 18.70 with Quick ratio for the last quarter at 1.40.

KHC stock trade performance evaluation

The Kraft Heinz Company [KHC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.11. With this latest performance, KHC shares gained by 5.51% in over the last four-week period, additionally plugging by 38.87% over the last 6 months – not to mention a rise of 45.07% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KHC stock in for the last two-week period is set at 67.14, with the RSI for the last a single of trading hit 68.59, and the three-weeks RSI is set at 65.76 for The Kraft Heinz Company [KHC]. The present Moving Average for the last 50 days of trading for this stock 40.97, while it was recorded at 43.73 for the last single week of trading, and 35.28 for the last 200 days.

The Kraft Heinz Company [KHC]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The Kraft Heinz Company [KHC] shares currently have an operating margin of +21.35 and a Gross Margin at +35.16. The Kraft Heinz Company’s Net Margin is presently recorded at +1.36.

Return on Total Capital for KHC is now 6.96, given the latest momentum, and Return on Invested Capital for the company is 0.45. Return on Equity for this stock inclined to 0.70, with Return on Assets sitting at 0.35. When it comes to the capital structure of this company, The Kraft Heinz Company [KHC] has a Total Debt to Total Equity ratio set at 57.71. Additionally, KHC Total Debt to Total Capital is recorded at 36.59, with Total Debt to Total Assets ending up at 28.97. Long-Term Debt to Equity for the company is recorded at 56.97, with the Long-Term Debt to Total Capital now at 36.12.

Reflecting on the efficiency of the workforce at the company, The Kraft Heinz Company [KHC] managed to generate an average of $9,368 per employee. Receivables Turnover for the company is 12.44 with a Total Asset Turnover recorded at a value of 0.26.The Kraft Heinz Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.70.

Earnings per share (EPS) analysis for The Kraft Heinz Company [KHC] stock

With the latest financial reports released by the company, The Kraft Heinz Company posted 0.8/share EPS, while the average EPS was predicted by analysts to be reported at 0.65/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 23.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KHC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Kraft Heinz Company go to -1.70%.

The Kraft Heinz Company [KHC]: Insider Ownership positions

There are presently around $33,083 million, or 80.70% of KHC stock, in the hands of institutional investors. The top three institutional holders of KHC stocks are: BERKSHIRE HATHAWAY INC with ownership of 325,634,818, which is approximately 0% of the company’s market cap and around 0.30% of the total institutional ownership; VANGUARD GROUP INC, holding 51,444,905 shares of the stock with an approximate value of $2.26 billion in KHC stocks shares; and BLACKROCK INC., currently with $1.95 billion in KHC stock with ownership of nearly 4.894% of the company’s market capitalization.

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Positions in The Kraft Heinz Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 502 institutional holders increased their position in The Kraft Heinz Company [NASDAQ:KHC] by around 42,259,244 shares. Additionally, 437 investors decreased positions by around 28,789,986 shares, while 169 investors held positions by with 683,071,432 shares. The mentioned changes placed institutional holdings at 754,120,662 shares, according to the latest SEC report filing. KHC stock had 134 new institutional investments in for a total of 14,596,510 shares, while 88 institutional investors sold positions of 3,055,482 shares during the same period.

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