The Kraft Heinz Company [NASDAQ: KHC] price plunged by -0.69 percent to reach at -$0.28. The company report on June 22, 2021 that Just Crack an Egg Introduces Convenient, Protein-Filled Microwaveable Omelet Rounds in Four Eggcitingly Delicious Flavors.
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A sum of 3327713 shares traded at recent session while its average daily volume was at 5.56M shares. The Kraft Heinz Company shares reached a high of $40.935 and dropped to a low of $40.51 until finishing in the latest session at $40.55.
The one-year KHC stock forecast points to a potential upside of 4.34. The average equity rating for KHC stock is currently 2.80, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 0.66, with the Price to Sales ratio for KHC stock in the period of the last 12 months amounting to 1.92. The Price to Book ratio for the last quarter was 0.99, with the Price to Cash per share for the same quarter was set at 1.89. Price to Free Cash Flow for KHC in the course of the last twelve months was 17.60 with Quick ratio for the last quarter at 1.40.
KHC Stock Performance Analysis:
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 -5.17. With this latest performance, KHC shares dropped by -8.11% in over the last four-week period, additionally plugging by 16.62% over the last 6 months – not to mention a rise of 22.32% 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 30.27, with the RSI for the last a single of trading hit 22.83, and the three-weeks RSI is set at 37.38 for The Kraft Heinz Company [KHC]. The present Moving Average for the last 50 days of trading for this stock 42.50, while it was recorded at 41.02 for the last single week of trading, and 36.17 for the last 200 days.
Insight into The Kraft Heinz Company 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.
KHC Stock EPS
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 -2.60%.
The Kraft Heinz Company [KHC] Insider Position Details
There are presently around $30,580 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 $2.09 billion in KHC stocks shares; and BLACKROCK INC., currently with $1.8 billion in KHC stock with ownership of nearly 4.894% of the company’s market capitalization.
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 507 institutional holders increased their position in The Kraft Heinz Company [NASDAQ:KHC] by around 42,275,402 shares. Additionally, 440 investors decreased positions by around 28,814,184 shares, while 167 investors held positions by with 683,046,157 shares. The mentioned changes placed institutional holdings at 754,135,743 shares, according to the latest SEC report filing. KHC stock had 137 new institutional investments in for a total of 14,610,376 shares, while 91 institutional investors sold positions of 3,081,471 shares during the same period.