The Kraft Heinz Company [NASDAQ: KHC] jumped around 0.26 points on Tuesday, while shares priced at $39.44 at the close of the session, up 0.66%. The company report on April 25, 2023 at 8:31 AM that Whole Earth Brands Announces Leadership Evolution with New Executive Appointments and Amends Credit Agreement.
Branded CPG International Regions to be Operated Collectively Under New Leadership.
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Nigel Willerton, Founder of Wholesome Sweeteners, Named as President and COO of Branded CPG North America Region.
The Kraft Heinz Company stock is now -3.12% down from its year-to-date (YTD) trading value. KHC Stock saw the intraday high of $39.63 and lowest of $39.11 per share. The company’s 52-week high price is 44.87, which means current price is +5.96% above from all time high which was touched on 01/09/23.
Compared to the average trading volume of 5.93M shares, KHC reached a trading volume of 6181837 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $42.89 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.
Stifel have made an estimate for The Kraft Heinz Company shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 14, 2023. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Equal Weight. The new note on the price target was released on January 03, 2023, representing the official price target for The Kraft Heinz Company stock. Previously, the target price had yet another raise to $39, while Exane BNP Paribas analysts kept a Neutral rating on KHC stock.
The Average True Range (ATR) for The Kraft Heinz Company is set at 0.51, with the Price to Sales ratio for KHC stock in the period of the last 12 months amounting to 1.84. 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 0.84.
How has KHC stock performed recently?
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 -0.05. With this latest performance, KHC shares gained by 3.30% in over the last four-week period, additionally plugging by 12.01% over the last 6 months – not to mention a drop of -8.66% 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 58.01, with the RSI for the last a single of trading hit 61.22, and the three-weeks RSI is set at 54.97 for The Kraft Heinz Company [KHC]. The present Moving Average for the last 50 days of trading for this stock 38.90, while it was recorded at 39.34 for the last single week of trading, and 38.30 for the last 200 days.
The Kraft Heinz Company [KHC]: Deeper insight into the 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 +17.15 and a Gross Margin at +30.48. The Kraft Heinz Company’s Net Margin is presently recorded at +8.92.
Return on Total Capital for KHC is now 6.42, given the latest momentum, and Return on Invested Capital for the company is 3.39. Return on Equity for this stock inclined to 4.82, with Return on Assets sitting at 2.57. 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 42.69. Additionally, KHC Total Debt to Total Capital is recorded at 29.92, with Total Debt to Total Assets ending up at 22.96. Long-Term Debt to Equity for the company is recorded at 40.71, with the Long-Term Debt to Total Capital now at 28.53.
Reflecting on the efficiency of the workforce at the company, The Kraft Heinz Company [KHC] managed to generate an average of $63,865 per employee. Receivables Turnover for the company is 12.99 with a Total Asset Turnover recorded at a value of 0.29.The Kraft Heinz Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.90.
Earnings analysis for The Kraft Heinz Company [KHC]
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 4.07%.
Insider trade positions for The Kraft Heinz Company [KHC]
There are presently around $34,272 million, or 78.30% 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 0.40% of the total institutional ownership; BLACKROCK INC., holding 69,225,624 shares of the stock with an approximate value of $2.71 billion in KHC stocks shares; and VANGUARD GROUP INC, currently with $2.66 billion in KHC stock with ownership of nearly 0.55% of the company’s market capitalization.
Positions in The Kraft Heinz Company stocks held by institutional investors increased at the end of Wednesday and at the time of the Wednesday reporting period, where 612 institutional holders increased their position in The Kraft Heinz Company [NASDAQ:KHC] by around 67,156,798 shares. Additionally, 444 investors decreased positions by around 38,093,818 shares, while 182 investors held positions by with 769,483,452 shares. The mentioned changes placed institutional holdings at 874,734,068 shares, according to the latest SEC report filing. KHC stock had 148 new institutional investments in for a total of 6,290,415 shares, while 86 institutional investors sold positions of 8,047,310 shares during the same period.