These Numbers Could Change Investor Views For Kraft Heinz Co (NASDAQ: KHC)

Currently, there are 1.23B common shares owned by the public and among those 1.12B shares have been available to trade.

Insiders at the company have transacted a total of 85 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 47 of these insider trades were purchases, accounting for 885,535 shares. Insider sales of the common stock occurred on 38 occasions, with total insider shares sold totaling 1,088,825 shares.

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The company’s stock has a 5-day price change of -2.31% and 10.35% over the past three months. KHC shares are trading -1.68% year to date (YTD), with the 12-month market performance down to -6.51% lower. It has a 12-month low price of $30.68 and touched a high of $41.47 over the same period. KHC has an average intraday trading volume of 1.19 shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.11%, -1.55%, and 2.09% respectively.

Institutional ownership of Kraft Heinz Co (NASDAQ: KHC) shares accounts for 77.68% of the company’s 1.23B shares outstanding.

It has a market capitalization of $44.60B and a beta (3y monthly) value of 0.68. The stock’s trailing 12-month PE ratio is 15.02, while the earnings-per-share (ttm) stands at $2.42. The company has a PEG of 2.93 and a Quick Ratio of 0.52 with the debt-to-equity ratio at 0.40. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.63% over the week and 1.52% over the month.

Analysts forecast that Kraft Heinz Co (KHC) will achieve an EPS of $0.77 for the current quarter, $0.69 for the next quarter and $3.03 for 2024. The lowest estimate earnings-per-share for the quarter is $0.74 while analysts give the company a high EPS estimate of $0.79. Comparatively, EPS for the current quarter was $0.85 a year ago. Earnings per share for the fiscal year are expected to increase by 6.61%, and 2.44% over the next financial year. EPS should grow at an annualized rate of 5.12% over the next five years, compared to -26.48% over the past 5-year period.

Looking at the support for the KHC, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on February 01, 2024, with the firm’s price target at $43.

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