On Friday, Kraft Heinz Co (NASDAQ: KHC) was -2.04% drop from the session before settling in for the closing price of $31.79. A 52-week range for KHC has been $31.58 – $38.96.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 0.33%. When this article was written, the company’s average yearly earnings per share was at 0.91%. With a float of $1.20 billion, this company’s outstanding shares have now reached $1.22 billion.
Let’s determine the extent of company efficiency that accounts for 36000 employees. In terms of profitability, gross margin is 34.87%, operating margin of 15.23%, and the pretax margin is 7.82%.
Kraft Heinz Co (KHC) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Kraft Heinz Co stocks. The insider ownership of Kraft Heinz Co is 0.39%, while institutional ownership is 82.77%. The most recent insider transaction that took place on Nov 05 ’24, was worth 1,505,362. In this transaction EVP & Pres. North America of this company sold 45,000 shares at a rate of $33.45, taking the stock ownership to the 168,195 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Officer proposed sale 45,000 for $33.45, making the entire transaction worth $1,505,362.
Kraft Heinz Co (KHC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 0.91% per share during the next fiscal year.
Kraft Heinz Co (NASDAQ: KHC) Trading Performance Indicators
You can see what Kraft Heinz Co (KHC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.41. Likewise, its price to free cash flow for the trailing twelve months is 11.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.11, a number that is poised to hit 0.78 in the next quarter and is forecasted to reach 3.07 in one year’s time.
Technical Analysis of Kraft Heinz Co (KHC)
Looking closely at Kraft Heinz Co (NASDAQ: KHC), its last 5-days average volume was 10.93 million, which is a jump from its year-to-date volume of 7.87 million. As of the previous 9 days, the stock’s Stochastic %D was 12.29%. Additionally, its Average True Range was 0.65.
During the past 100 days, Kraft Heinz Co’s (KHC) raw stochastic average was set at 12.07%, which indicates a significant decrease from 15.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.58% in the past 14 days, which was lower than the 18.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.53, while its 200-day Moving Average is $35.01. However, in the short run, Kraft Heinz Co’s stock first resistance to watch stands at $31.85. Second resistance stands at $32.55. The third major resistance level sits at $33.28. If the price goes on to break the first support level at $30.42, it is likely to go to the next support level at $29.69. Should the price break the second support level, the third support level stands at $28.99.
Kraft Heinz Co (NASDAQ: KHC) Key Stats
There are 1,209,175K outstanding shares of the company, which has a market capitalization of 36.88 billion. As of now, sales total 26,640 M while income totals 2,855 M. Its latest quarter income was 6,383 M while its last quarter net income were -290,000 K.
