The Kraft Heinz Company [KHC] is 24.18% higher this YTD. Is it still time to buy?

The Kraft Heinz Company [NASDAQ: KHC] loss -1.69% on the last trading session, reaching $43.04 price per share at the time. The company report on June 7, 2021 that Kraft Heinz Commences Cash Tender Offer for Any and All of Certain of Its Outstanding Notes for Up to $2.8 Billion Aggregate Purchase Price.

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The Kraft Heinz Company (“Kraft Heinz”) (Nasdaq: KHC) announced that its 100% owned subsidiary Kraft Heinz Foods Company (the “Issuer”) has commenced cash tender offers (each, an “Offer” and collectively, the “Offers”) to purchase up to a maximum combined aggregate purchase price of $2.8 billion, including principal and premium but excluding accrued and unpaid interest (the “Maximum Purchase Price”) of its outstanding notes listed in the table below (the “Notes,” and each, a “Series” of Notes). Subject to the Maximum Purchase Price, the amount of a Series of Notes that is purchased in the Offers will be based on the Acceptance Priority Levels set forth below. The Offers are being made on the terms and subject to the conditions set forth in the offer to purchase dated June 7, 2021 (the “Offer to Purchase”). Capitalized terms used in this release but not otherwise defined have the meaning given in the Offer to Purchase.

Consummation of the Offers and payment for the Notes accepted for purchase are subject to the satisfaction or waiver of certain conditions described in the Offer to Purchase, including the Maximum Consideration Condition (as defined below), as well as other customary conditions. Subject to applicable law, the Issuer has reserved the absolute right to, in its sole discretion, at any time, (i) waive any and all conditions to the Offers, (ii) extend, terminate, or withdraw any Offer or the Offers, (iii) increase the Maximum Purchase Price or waive the Maximum Consideration Condition, with or without extending the Withdrawal Time (as defined below), or (iv) otherwise amend the Offers in any respect.

The Kraft Heinz Company represents 1.22 billion in outstanding shares, while the company has a total market value of $52.68 billion with the latest information. KHC stock price has been found in the range of $42.93 to $43.61.

If compared to the average trading volume of 5.81M shares, KHC reached a trading volume of 5709128 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $42.39 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 2.80. 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 0.65, with the Price to Sales ratio for KHC stock in the period of the last 12 months amounting to 1.99. The Price to Book ratio for the last quarter was 1.05, 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 18.32 with Quick ratio for the last quarter at 1.40.

Trading performance analysis for KHC stock

The Kraft Heinz Company [KHC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.38. With this latest performance, KHC shares dropped by -1.33% in over the last four-week period, additionally plugging by 28.10% over the last 6 months – not to mention a rise of 30.03% 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 47.36, with the RSI for the last a single of trading hit 37.26, and the three-weeks RSI is set at 52.81 for The Kraft Heinz Company [KHC]. The present Moving Average for the last 50 days of trading for this stock 42.23, while it was recorded at 43.73 for the last single week of trading, and 35.85 for the last 200 days.

The Kraft Heinz Company [KHC]: A deeper dive into fundamental analysis

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.

The Kraft Heinz Company [KHC]: An earnings per share (EPS) analysis

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%.

An analysis of insider ownership at The Kraft Heinz Company [KHC]

There are presently around $32,463 million, or 80.20% 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 0.60% of the total institutional ownership; VANGUARD GROUP INC, holding 51,444,905 shares of the stock with an approximate value of $2.21 billion in KHC stocks shares; and BLACKROCK INC., currently with $1.91 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 508 institutional holders increased their position in The Kraft Heinz Company [NASDAQ:KHC] by around 42,366,985 shares. Additionally, 439 investors decreased positions by around 28,781,260 shares, while 167 investors held positions by with 683,095,668 shares. The mentioned changes placed institutional holdings at 754,243,913 shares, according to the latest SEC report filing. KHC stock had 138 new institutional investments in for a total of 14,705,308 shares, while 90 institutional investors sold positions of 3,047,660 shares during the same period.

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