A new trading day began on Monday, with Kraft Heinz Co (NASDAQ: KHC) stock price up 1.03% from the previous day of trading, before settling in for the closing price of $35.94. KHC’s price has ranged from $30.68 to $41.47 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 0.33% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 2.01%. With a float of $1.21 billion, this company’s outstanding shares have now reached $1.22 billion.
In an organization with 36000 employees, it is important to assess its efficiency.
Kraft Heinz Co (KHC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaged Foods Industry. The insider ownership of Kraft Heinz Co is 0.38%, while institutional ownership is 79.20%. The most recent insider transaction that took place on Mar 12 ’24, was worth 494,717. In this transaction Chief Omnich Sales & AEM Ofcr of this company sold 14,289 shares at a rate of $34.62, taking the stock ownership to the 145,680 shares. Before that another transaction happened on Mar 04 ’24, when Company’s Chief Lgl & Corp Affairs Ofcr sold 16,209 for $35.02, making the entire transaction worth $567,573. This insider now owns 166,954 shares in total.
Kraft Heinz Co (KHC) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.01% per share during the next fiscal year.
Kraft Heinz Co (NASDAQ: KHC) Trading Performance Indicators
Here are Kraft Heinz Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.65. Likewise, its price to free cash flow for the trailing twelve months is 14.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.31, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 3.21 in one year’s time.
Technical Analysis of Kraft Heinz Co (KHC)
Let’s dig in a bit further. During the last 5-days, its volume was 5.76 million. That was inferior than the volume of 8.16 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.17%. Additionally, its Average True Range was 0.54.
During the past 100 days, Kraft Heinz Co’s (KHC) raw stochastic average was set at 54.59%, which indicates a significant increase from 24.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.25% in the past 14 days, which was lower than the 18.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.92, while its 200-day Moving Average is $35.06. However, in the short run, Kraft Heinz Co’s stock first resistance to watch stands at $36.49. Second resistance stands at $36.66. The third major resistance level sits at $36.89. If the price goes on to break the first support level at $36.08, it is likely to go to the next support level at $35.85. The third support level lies at $35.68 if the price breaches the second support level.
Kraft Heinz Co (NASDAQ: KHC) Key Stats
With a market capitalization of 44.05 billion, the company has a total of 1,215,638K Shares Outstanding. Currently, annual sales are 26,640 M while annual income is 2,855 M. The company’s previous quarter sales were 6,860 M while its latest quarter income was 757,000 K.
