Kraft Heinz Co (NASDAQ:KHC) price on current trading day, rose 0.27% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $29.79.
A look at the stock’s price movement, the level at last check in today’s session was $29.71, moving within a range at $29.57 and $29.93. The beta value (5-Year monthly) was 0.379 while the PE ratio in trailing twelve months stood at 13.15. Turning to its 52-week performance, $38.96 and $27.25 were the 52-week high and 52-week low respectively. Overall, KHC moved -1.23% over the past month.
Kraft Heinz Co’s market cap currently stands at around $35.60 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-11. The company has a Forward Dividend ratio of 1.60, with its dividend yield at 5.37%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 6.04B for the company’s revenue for the quarter, with a low and high estimate of 5.93B and 6.22B respectively. The average forecast suggests down to a -5.71% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 25.22B, representing a -2.40% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KHC is a 25% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
14 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 10 recommend KHC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
KHC’s current price about -3.33% and -0.44% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.86, while 7-day volatility ratio is 1.78% and 2.66% in the 30-day chart. Further, Kraft Heinz Co (KHC) has a beta value of 0.43, and an average true range (ATR) of 0.76. Analysts have given the company’s stock an average 52-week price target of $35, forecast between a low of $32 and high of $41. Looking at the price targets, the low is -7.42% off recent price level in today’s trading while to achieve the yearly target high, it has to move -37.63%. Nonetheless, investors will most likely welcome a -17.49% jump to $35 which is the analysts’ median price.
If we refocus on Kraft Heinz Co (NASDAQ:KHC), historical trading data shows that trading volumes averaged 12.43 over the past 10 days and 10.19 million over the past 3 months. The company’s latest data on shares outstanding shows there are 1.20 billion shares.
The 0.42% of Kraft Heinz Co’s shares are in the hands of company insiders while institutional holders own 83.70% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 35.3 million on 2025-02-28, giving us a short ratio of 3.26. The data shows that as of 2025-02-28 short interest in Kraft Heinz Co (KHC) stood at 407.00003999999996 of shares outstanding, with shares short falling to 36.38 million registered in 2025-01-31. Current price change has pushed the stock -3.00% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KHC stock continues to rise going into the next quarter.
