On Monday, Kraft Heinz Co (NASDAQ: KHC) opened lower -1.13% from the last session, before settling in for the closing price of $31.97. Price fluctuations for KHC have ranged from $30.40 to $38.96 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 0.33%. Company’s average yearly earnings per share was noted 0.89% at the time writing. With a float of $1.20 billion, this company’s outstanding shares have now reached $1.21 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
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 82.69%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, 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 0.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.89% 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 0.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46. Likewise, its price to free cash flow for the trailing twelve months is 12.18.
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 10.32 million, which is a jump from its year-to-date volume of 8.02 million. As of the previous 9 days, the stock’s Stochastic %D was 68.25%. Additionally, its Average True Range was 0.59.
During the past 100 days, Kraft Heinz Co’s (KHC) raw stochastic average was set at 19.74%, which indicates a significant decrease from 56.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.29% in the past 14 days, which was lower than the 18.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.76, while its 200-day Moving Average is $34.77. However, in the short run, Kraft Heinz Co’s stock first resistance to watch stands at $31.85. Second resistance stands at $32.09. The third major resistance level sits at $32.31. If the price goes on to break the first support level at $31.39, it is likely to go to the next support level at $31.17. Should the price break the second support level, the third support level stands at $30.93.
Kraft Heinz Co (NASDAQ: KHC) Key Stats
There are currently 1,209,175K shares outstanding in the company with a market cap of 38.27 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 6,383 M and its income totaled -290,000 K.
