Kraft Heinz Co (NASDAQ:KHC) has a beta value of 0.47 and has seen 1.31 million shares traded in the recent trading session. The company, currently valued at $43.82B, closed the recent trade at $36.24 per share which meant it gained $0.88 on the day or 2.49% during that session. The KHC stock price is -7.51% off its 52-week high price of $38.96 and 14.24% above the 52-week low of $31.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.24 million shares traded. The 3-month trading volume is 7.55 million shares.
The consensus among analysts is that Kraft Heinz Co (KHC) is Buy stock at the moment, with a recommendation rating of 2.17. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 14 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Kraft Heinz Co (NASDAQ:KHC) trade information
Sporting 2.49% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the KHC stock price touched $36.24 or saw a fall of -0.58%. Year-to-date, Kraft Heinz Co shares have moved -2.00%, while the 5-day performance has seen it change 4.56%. Over the past 30 days, the shares of Kraft Heinz Co (NASDAQ:KHC) have changed 1.71%. Short interest in the company has seen 35.01 million shares shorted with days to cover at 4.43.
Wall Street analysts have a consensus price target for the stock at $40.5, which means that the shares’ value could jump 10.52% from the levels at last check today. The projected low price target is $34.0 while the price target rests at a high of $70.0. In that case, then, we find that the latest price level in today’s session is -93.16% off the targeted high while a plunge would see the stock lose 6.18% from the levels at last check today.
Kraft Heinz Co (KHC) estimates and forecasts
Figures show that Kraft Heinz Co shares have underperformed across the wider relevant industry. The company’s shares have lost -0.96% over the past 6 months, with this year growth rate of 1.34%, compared to 9.90% for the industry.
Earnings growth for 2024 is a modest 1.45% while over the next 5 years, the company’s earnings are expected to increase by 2.66%.
KHC Dividends
Kraft Heinz Co is expected to release its next earnings report on 2024-Oct-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.60 at a share yield of 4.41%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.57%.
Kraft Heinz Co (NASDAQ:KHC)’s Major holders
Insiders own 27.19% of the company shares, while shares held by institutions stand at 56.69% with a share float percentage of 77.87%. Investors are also buoyed by the number of investors in a company, with Kraft Heinz Co having a total of 1622.0 institutions that hold shares in the company. The top two institutional holders are BERKSHIRE HATHAWAY INC with over 325.63 million shares worth more than $10.49 billion. As of 2024-06-30, BERKSHIRE HATHAWAY INC held 26.8233% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 92.37 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.98 billion and represent 7.6087% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF. As of Jun 30, 2024, the former fund manager holds about 2.06% shares in the company for having 24.93 shares of worth $896.94 million while later fund manager owns 23.44 shares of worth $843.47 million as of Aug 31, 2024, which makes it owner of about 1.94% of company’s outstanding stock.
