Kraft Heinz Co [NASDAQ: KHC] loss -1.13% or -0.36 points to close at $31.61 with a heavy trading volume of 12989023 shares.
The daily chart for KHC points out that the company has recorded -9.94% loss over the past six months.
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If we look at the average trading volume of 8.17M shares, KHC reached to a volume of 12989023 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 Kraft Heinz Co [KHC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KHC shares is $36.56 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 2.43. 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.
Piper Sandler have made an estimate for Kraft Heinz Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 19, 2024. While these analysts kept the previous recommendation, Deutsche Bank dropped their target price from $39 to $35. The new note on the price target was released on October 31, 2024, representing the official price target for Kraft Heinz Co stock. Previously, the target price had yet another drop from $40 to $38, while Stifel kept a Hold rating on KHC stock.
The Average True Range (ATR) for Kraft Heinz Co is set at 0.59, with the Price to Sales ratio for KHC stock in the period of the last 12 months amounting to 1.46. The Price to Book ratio for the last quarter was 0.79, with the Price to Cash per share for the same quarter was set at 1.06. Price to Free Cash Flow for KHC in the course of the last twelve months was 12.18 with Quick ratio for the last quarter at 0.56.
Trading performance analysis for KHC stock
Kraft Heinz Co [KHC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.63. With this latest performance, KHC shares dropped by -5.53% in over the last four-week period, additionally sinking by -9.94% over the last 6 months – not to mention a drop of -9.97% 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 37.31, with the RSI for the last a single of trading hit 39.48, and the three-weeks RSI is set at 37.28 for Kraft Heinz Co [KHC]. The present Moving Average for the last 50 days of trading for this stock 33.76, while it was recorded at 31.90 for the last single week of trading, and 34.77 for the last 200 days.
Kraft Heinz Co [KHC]: A deeper dive into fundamental analysis
Kraft Heinz Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.56 and a Current Ratio set at 1.06.
Kraft Heinz Co [KHC]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Kraft Heinz Co posted 0.78/share EPS, while the average EPS was predicted by analysts to be reported at 0.77/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. 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 Kraft Heinz Co go to 1.87%.
An analysis of Institutional ownership at Kraft Heinz Co [KHC]
There are presently around $58.20%, or 79.97%% of KHC stock, in the hands of institutional investors. The top three institutional holders of KHC stocks are: BERKSHIRE HATHAWAY INC with ownership of 325.63 million shares, which is approximately 26.8233%. BLACKROCK INC., holding 92.37 million shares of the stock with an approximate value of $$2.98 billion in KHC stocks shares; and BLACKROCK INC., currently with $$2.3 billion in KHC stock with ownership which is approximately 5.8685%.
