Kraft Heinz Co (KHC) recent quarterly performance of 0.08% is not showing the real picture

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Kraft Heinz Co (NASDAQ: KHC) open the trading on Wednesday, with great promise as it jumped 0.44% to $36.53, before settling in for the price of $36.37 at the close. Taking a more long-term approach, KHC posted a 52-week range of $30.68-$41.47.

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The Consumer Defensive Sector giants’ yearly sales growth during the last 5-year period was 0.33%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 2.02%. This publicly-traded company’s shares outstanding now amounts to $1.22 billion, simultaneously with a float of $1.21 billion. The organization now has a market capitalization sitting at $44.31 billion. At the time of writing, stock’s 50-day Moving Average stood at $36.00, while the 200-day Moving Average is $35.01.

Kraft Heinz Co (KHC) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Packaged Foods industry. Kraft Heinz Co’s current insider ownership accounts for 0.43%, in contrast to 79.20% institutional ownership. According to the most recent insider trade that took place on Mar 12 ’24, this organization’s Chief Omnich Sales & AEM Ofcr sold 14,289 shares at the rate of 34.62, making the entire transaction reach 494,717 in total value, affecting insider ownership by 145,680. Preceding that transaction, on Mar 04 ’24, Company’s Chief Lgl & Corp Affairs Ofcr sold 16,209 for 35.02, making the whole transaction’s value amount to 567,573. This particular insider is now the holder of 166,954 in total.

Kraft Heinz Co (KHC) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $0.78 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.77) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.

Kraft Heinz Co’s EPS increase for this current 12-month fiscal period is 2.02% and is forecasted to reach 3.21 in the upcoming year.

Kraft Heinz Co (NASDAQ: KHC) Trading Performance Indicators

Let’s observe the current performance indicators for Kraft Heinz Co (KHC). It’s Quick Ratio in the last reported quarter now stands at 0.54. The Stock has managed to achieve an average true range (ATR) of 0.53. Alongside those numbers, its PE Ratio stands at $15.79, and its Beta score is 0.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.66. Similarly, its price to free cash flow for trailing twelve months is now 14.96.

In the same vein, KHC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.31, a figure that is expected to reach 0.69 in the next quarter, and analysts are predicting that it will be 3.21 at the market close of one year from today.

Technical Analysis of Kraft Heinz Co (KHC)

[Kraft Heinz Co, KHC] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 91.42% While, its Average True Range was 0.50.

Raw Stochastic average of Kraft Heinz Co (KHC) in the period of the previous 100 days is set at 67.65%, which indicates a major fall in contrast to 88.75% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 10.31% that was lower than 19.15% volatility it exhibited in the past 100-days period.