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Main » The Kraft Heinz Company (NASDAQ:KHC) slips -0.98% in Friday's Pre-Market

The Kraft Heinz Company (NASDAQ:KHC) slips -0.98% in Friday's Pre-Market

17 February 2018

SELL rating has been given by 0 analyst (s) and 9 analyst (s) given BUY rating to the stock.

A number of equities analysts have recently commented on KHC shares.

Analyst's ratings determines the future of any company. Finally, Susquehanna Bancshares cut their price objective on Kraft Heinz from $83.00 to $80.00 and set a "neutral" rating on the stock in a report on Thursday, November 2nd.

11/2/2017-Credit Suisse Group Reiterated Rating of Outperform. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The price volatility's Average True Range for 14 days was 1.55.

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Kraft Heinz (NASDAQ KHC) opened at $72.71 on Thursday.

Overall, Kraft Heinz reported net sales of $6.88 billion, up 0.3% but still below estimates. The stock has a market capitalization of $86,250.00 and a price-to-earnings ratio of 22.06. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.43 and a current ratio of 0.77.

The Kraft Heinz Company (KHC) analysts on average have given a price target of $89.86 on KHC stock.

Average Revenue Estimate of the company for the current Fiscal Quarter is $5.32 Billion, according to consensus of 2 analysts. The Return on Investment and Return on Equity (ROE) values are 15 percent and 28 percent, respectively. The business had revenue of $6.68 billion for the quarter, compared to analysts' expectations of $6.73 billion. The company's net income rose to $8 billion, or $6.52 per share, in the fourth quarter ended December 30, from $944 million, or 77 cents per share, a year earlier.

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The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd.

On 5/3/2017 Kraft Heinz announced a quarterly dividend of $0.60 2.68% with an ex dividend date of 5/17/2017 which will be payable on 6/16/2017. Like other legacy food companies, Kraft Heinz is struggling with the consumer shift to healthier and fresher foods. The firm owned 2,968 shares of the company's stock at the end of the second quarter. Shelton Capital Management's holdings in Kraft Heinz were worth $7,741,000 as of its most recent SEC filing. Martingale Asset Management L P now owns 2,724 shares of the company's stock valued at $234,000 after purchasing an additional 13 shares in the last quarter. (USFD - Free Report) was a big mover last session, as the company saw its shares rise almost 10% on the day. Finally, Rockefeller Financial Services Inc. increased its position in shares of Kraft Heinz by 438.4% during the third quarter.

When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Analyst's mean target price for KHC is $89.86 while analysts mean recommendation is 2.00.

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The Kraft Heinz Company (NASDAQ:KHC) slips -0.98% in Friday's Pre-Market