Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $29.77 in the prior trading day, Kraft Heinz Co (NASDAQ: KHC) closed at $29.66, down -0.37%. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 7.93 million shares were traded. KHC stock price reached its highest trading level at $29.76 during the session, while it also had its lowest trading level at $29.23.
Ratios:
Our goal is to gain a better understanding of KHC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on January 07, 2025, Downgraded its rating to In-line and sets its target price to $35 from $38 previously.
On November 19, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $40 to $35.
Deutsche Bank Downgraded its Buy to Hold on October 31, 2024, whereas the target price for the stock was revised from $39 to $35.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 05 ’24 when Navio Pedro F P sold 45,000 shares for $33.45 per share. The transaction valued at 1,505,362 led to the insider holds 168,195 shares of the business.
PEDRO FRANCISCO PREZENCO NAVIO bought 45,000 shares of KHC for $1,505,362 on Nov 05 ’24. On Aug 14 ’24, another insider, La Lande Rashida, who serves as the Former Officer of the company, bought 15,000 shares for $34.65 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KHC now has a Market Capitalization of 35863982080 and an Enterprise Value of 54812127232. As of this moment, Kraft’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.63, and their Forward P/E ratio for the next fiscal year is 9.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 2.098 whereas that against EBITDA is 8.503.
Stock Price History:
Over the past 52 weeks, KHC has reached a high of $38.96, while it has fallen to a 52-week low of $29.71. The 50-Day Moving Average of the stock is -6.18%, while the 200-Day Moving Average is calculated to be -13.29%.
Shares Statistics:
The stock has traded on average 9.29M shares per day over the past 3-months and 7113460 shares per day over the last 10 days, according to various share statistics. A total of 1.21B shares are outstanding, with a floating share count of 1.20B. Insiders hold about 0.39% of the company’s shares, while institutions hold 82.83% stake in the company. Shares short for KHC as of 1734048000 were 37440732 with a Short Ratio of 4.03, compared to 1731628800 on 37640415. Therefore, it implies a Short% of Shares Outstanding of 37440732 and a Short% of Float of 4.25.
Dividends & Splits
In the trailing 12 months, KHC’s forward annual dividend rate was 1.6, compared to 1.60 this year. Against a Trailing Annual Dividend Yield of 0.05374538The stock’s 5-year Average Dividend Yield is 4.55.
