Currently, there are 1.22B common shares owned by the public and among those 1.21B shares have been available to trade.
The company’s stock has a 5-day price change of -0.37% and -13.38% over the past three months. KHC shares are trading -13.20% year to date (YTD), with the 12-month market performance down to -9.98% lower. It has a 12-month low price of $30.68 and touched a high of $38.96 over the same period. KHC has an average intraday trading volume of 7.49 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.14%, -7.90%, and -8.78% respectively.
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
Institutional ownership of Kraft Heinz Co (NASDAQ: KHC) shares accounts for 79.40% of the company’s 1.22B shares outstanding.
It has a market capitalization of $38.98B and a beta (3y monthly) value of 0.52. The stock’s trailing 12-month PE ratio is 14.01, while the earnings-per-share (ttm) stands at $2.29. The company has a PEG of 3.48 and a Quick Ratio of 0.61 with the debt-to-equity ratio at 0.41. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.31% over the week and 1.67% over the month.
Earnings per share for the fiscal year are expected to increase by 1.55%, and 5.45% over the next financial year.
Looking at the support for the KHC, a number of firms have released research notes about the stock. Piper Sandler stated their Overweight rating for the stock in a research note on May 22, 2024, with the firm’s price target at $42. Citigroup coverage for the Kraft Heinz Co (KHC) stock in a research note released on February 01, 2024 offered a Buy rating with a price target of $43. Evercore ISI was of a view on December 11, 2023 that the stock is Outperform, while Bernstein gave the stock Outperform rating on November 14, 2023, issuing a price target of $40. HSBC Securities on their part issued Hold rating on September 22, 2023.
