The Kraft Heinz Company (NASDAQ: KHC) is -6.21% lower on its value in year-to-date trading and has touched a low of $32.73 and a high of $44.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KHC stock was last observed hovering at around $38.11 in the last trading session, with the day’s gains setting it 0.07% off its average median price target of $44.00 for the next 12 months. It is also 23.64% off the consensus price target high of $50.00 offered by 20 analysts, but current levels are -0.47% lower than the price target low of $38.00 for the same period.
Currently trading at $38.18, the stock is -2.04% and -4.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.54 million and changing 0.18% at the moment leaves the stock 0.21% off its SMA200. KHC registered 0.95% gain for a year compared to 6-month gain of 9.21%.
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The stock witnessed a -4.26% loss in the last 1 month and extending the period to 3 months gives it a -4.48%, and is 1.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.67% over the week and 1.65% over the month.
The Kraft Heinz Company (KHC) has around 37000 employees, a market worth around $46.59B and $26.48B in sales. Current P/E ratio is 19.95 and Fwd P/E is 13.30. Profit margin for the company is 8.90%. Distance from 52-week low is 16.65% and -14.91% from its 52-week high. The company has generated returns on investments over the last 12 months (4.50%).
The Kraft Heinz Company (KHC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for The Kraft Heinz Company (KHC) is a “Hold”. 20 analysts offering their recommendations for the stock have an average rating of 2.70, where 13 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 204.40% this year
The Kraft Heinz Company (KHC) Top Institutional Holders
The shares outstanding are 1.23B, and float is at 781.63M with Short Float at 2.24%.
The Kraft Heinz Company (KHC) Insider Activity
A total of 5 insider transactions have happened at The Kraft Heinz Company (KHC) in the last six months, with sales accounting for 4 and purchases happening 1 times. The most recent transaction is an insider sale by Torres Flavio, the company’s EVP & Global Chf Sply Chn Ofcr. SEC filings show that Torres Flavio sold 250,571 shares of the company’s common stock on Feb 16 at a price of $39.58 per share for a total of $9.92 million. Following the sale, the insider now owns 0.19 million shares.
The Kraft Heinz Company disclosed in a document filed with the SEC on Jan 09 that Werneck Melissa (EVP & Global Chief People Ofcr) sold a total of 3,500 shares of the company’s common stock. The trade occurred on Jan 09 and was made at $42.39 per share for $0.15 million. Following the transaction, the insider now directly holds 0.27 million shares of the KHC stock.
Still, SEC filings show that on Dec 01, Lima Marcos Eloi (EVP & Glb Chief Procurement Of) disposed off 23,939 shares at an average price of $40.00 for $0.96 million. The insider now directly holds 173,020 shares of The Kraft Heinz Company (KHC).
The Kraft Heinz Company (KHC): Who are the competitors?
The company’s main competitors (and peers) include The Coca-Cola Company (KO) that is trading 1.14% up over the past 12 months and PepsiCo Inc. (PEP) that is 11.01% higher over the same period. Mondelez International Inc. (MDLZ) is 9.43% up on the 1-year trading charts.