Kraft Heinz Co (NASDAQ:KHC) has a beta value of 0.23 and has seen 13.07 million shares traded in the last trading session. The company, currently valued at $30.81B, closed the last trade at $26.03 per share which meant it gained $0.11 on the day or 0.42% during that session. The KHC stock price is -40.34% off its 52-week high price of $36.53 and 1.92% above the 52-week low of $25.53. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.41 million shares traded. The 3-month trading volume is 11.38 million shares.
The consensus among analysts is that Kraft Heinz Co (KHC) is Buy stock at the moment, with a recommendation rating of 3.09. 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.
Kraft Heinz Co (NASDAQ:KHC) trade information
Sporting 0.42% in the green in last session, 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 $26.03 or saw a rise of 0.31%. Year-to-date, Kraft Heinz Co shares have moved -20.25%, while the 5-day performance has seen it change 0.93%. Over the past 30 days, the shares of Kraft Heinz Co (NASDAQ:KHC) have changed -1.77%. Short interest in the company has seen 53.06 million shares shorted with days to cover at 4.79.
Wall Street analysts have a consensus price target for the stock at $29, which means that the shares’ value could jump 10.24% from current levels. The projected low price target is $29.0 while the price target rests at a high of $29.0. In that case, then, we find that the current price level is -11.41% off the targeted high while a plunge would see the stock gain -11.41% from current levels.
Kraft Heinz Co (KHC) estimates and forecasts
The company’s shares have lost -14.09% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 7.39% over the past 5 years. Earnings growth for 2025 is a modest -15.29% while over the next 5 years, the company’s earnings are expected to decrease by -3.02%.
KHC Dividends
Kraft Heinz Co is expected to release its next earnings report on 2025-Apr-29 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 6.15%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.53%.
Kraft Heinz Co (NASDAQ:KHC)’s Major holders
Insiders own 27.82% of the company shares, while shares held by institutions stand at 59.38% with a share float percentage of 82.26%. Investors are also buoyed by the number of investors in a company, with Kraft Heinz Co having a total of 1606.0 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 26.8676% 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 7.6212% of shares outstanding.
