On Tuesday, Kraft Heinz Co (NASDAQ: KHC) opened higher 0.42% from the last session, before settling in for the closing price of $35.49. Price fluctuations for KHC have ranged from $31.08 to $38.96 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 1.45% at the time writing. With a float of $1.20 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. In terms of profitability, gross margin is 34.81%, operating margin of 17.98%, and the pretax margin is 10.59%.
Kraft Heinz Co (KHC) Insider Activity
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 0.39%, while institutional ownership is 81.18%. The most recent insider transaction that took place on Aug 14 ’24, was worth 519,788. Before that another transaction happened on Aug 02 ’24, when Company’s Chief Omnich Sales & AEM Ofcr sold 4,076 for $36.00, making the entire transaction worth $146,736. This insider now owns 143,970 shares in total.
Kraft Heinz Co (KHC) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.72 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.66) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.45% 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 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.64. Likewise, its price to free cash flow for the trailing twelve months is 14.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.57, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 3.16 in one year’s time.
Technical Analysis of Kraft Heinz Co (KHC)
Compared to the last year’s volume of 7.76 million, its volume of 6.53 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 67.42%. Additionally, its Average True Range was 0.56.
During the past 100 days, Kraft Heinz Co’s (KHC) raw stochastic average was set at 82.02%, which indicates a significant increase from 72.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.28% in the past 14 days, which was lower than the 18.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.23, while its 200-day Moving Average is $35.37. Nevertheless, the first resistance level for the watch stands at $35.99 in the near term. At $36.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.67. If the price goes on to break the first support level at $35.31, it is likely to go to the next support level at $34.97. Should the price break the second support level, the third support level stands at $34.63.
Kraft Heinz Co (NASDAQ: KHC) Key Stats
There are currently 1,214,298K shares outstanding in the company with a market cap of 43.09 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 6,476 M and its income totaled 102,000 K.
