On Monday, Kraft Heinz Co (NASDAQ: KHC) opened higher 0.98% from the last session, before settling in for the closing price of $37.78. Price fluctuations for KHC have ranged from $30.68 to $41.47 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 0.33%. Company’s average yearly earnings per share was noted 2.01% at the time writing. With a float of $1.21 billion, this company’s outstanding shares have now reached $1.22 billion.
Considering the fact that the conglomerate employs 36000 people, you should pay attention to its efficiency factor.
Kraft Heinz Co (KHC) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of Kraft Heinz Co is 0.38%, while institutional ownership is 79.18%. 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) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted $0.78 earnings per share (EPS) for the quarter, besting the agreed prediction (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.
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
Check out the current performance indicators for Kraft Heinz Co (KHC). In the past quarter, the stock posted a quick ratio of 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.74. Likewise, its price to free cash flow for the trailing twelve months is 15.62.
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)
Compared to the last year’s volume of 8.12 million, its volume of 7.55 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 93.79%. Additionally, its Average True Range was 0.55.
During the past 100 days, Kraft Heinz Co’s (KHC) raw stochastic average was set at 90.69%, which indicates a significant decrease from 96.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.28% in the past 14 days, which was lower than the 18.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.95, while its 200-day Moving Average is $35.10. Nevertheless, the first resistance level for the watch stands at $38.36 in the near term. At $38.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $38.90. If the price goes on to break the first support level at $37.82, it is likely to go to the next support level at $37.48. Now, if the price goes above the second support level, the third support stands at $37.28.
Kraft Heinz Co (NASDAQ: KHC) Key Stats
There are currently 1,215,638K shares outstanding in the company with a market cap of 46.28 billion. Presently, the company’s annual sales total 26,640 M according to its annual income of 2,855 M. Last quarter, the company’s sales amounted to 6,860 M and its income totaled 757,000 K.
