Kraft Heinz Co [NASDAQ: KHC] traded at a low on Monday, posting a -1.83 loss after which it closed the day’ session at $30.05.
The results of the trading session contributed to over 10829283 shares changing hands. Over the past one week, the price volatility of Kraft Heinz Co stands at 1.66% while the volatility over the past one month is 1.85%.
The market cap for KHC stock reached $36.15 billion, with 1.21 billion shares outstanding and 1.20 billion shares in the current float. Compared to the average trading volume of 9.14M shares, KHC reached a trading volume of 10829283 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $36.00 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 2.46. 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 0.56, with the Price to Sales ratio for KHC stock in the period of the last 12 months amounting to 1.38. The Price to Book ratio for the last quarter was 0.75, with the Price to Cash per share for the same quarter was set at 1.07. Price to Free Cash Flow for KHC in the course of the last twelve months was 11.51 with Quick ratio for the last quarter at 0.56.
How has KHC stock performed recently?
Kraft Heinz Co [KHC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.05. With this latest performance, KHC shares dropped by -3.06% in over the last four-week period, additionally sinking by -6.39% over the last 6 months – not to mention a drop of -20.46% 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 36.82, with the RSI for the last a single of trading hit 34.98, and the three-weeks RSI is set at 37.49 for Kraft Heinz Co [KHC]. The present Moving Average for the last 50 days of trading for this stock 31.82, while it was recorded at 30.50 for the last single week of trading, and 34.27 for the last 200 days.
Kraft Heinz Co [KHC]: Deeper insight into the fundamentals
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.
Earnings analysis for Kraft Heinz Co [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 Kraft Heinz Co go to 1.75%.
Insider trade positions for Kraft Heinz Co [KHC]
There are presently around $58.22%, or 79.99%% 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%.
