Kraft Heinz (NASDAQ:KHC – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.510-2.670 for the period, compared to the consensus earnings per share estimate of 2.670. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research firms recently issued reports on KHC. Citigroup reissued a “sell” rating and issued a $27.00 price objective (down previously from $28.00) on shares of Kraft Heinz in a report on Friday, April 4th. Wells Fargo & Company lowered their price target on Kraft Heinz from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Thursday, February 13th. The Goldman Sachs Group reduced their target price on Kraft Heinz from $32.00 to $28.00 and set a “sell” rating on the stock in a report on Thursday, February 13th. Piper Sandler dropped their price objective on shares of Kraft Heinz from $35.00 to $31.00 and set a “neutral” rating for the company in a research note on Thursday, February 13th. Finally, JPMorgan Chase & Co. cut their target price on Kraft Heinz from $32.00 to $31.00 and set a “neutral” rating on the stock in a research report on Thursday, February 13th. Four analysts have rated the stock with a sell rating and fourteen have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $30.69.
View Our Latest Stock Analysis on KHC
Kraft Heinz Price Performance
Kraft Heinz (NASDAQ:KHC – Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. Kraft Heinz had a net margin of 10.62% and a return on equity of 7.58%. During the same period in the prior year, the business posted $0.69 earnings per share. Sell-side analysts forecast that Kraft Heinz will post 2.68 EPS for the current year.
Kraft Heinz Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 5.55%. Kraft Heinz’s dividend payout ratio is presently 70.80%.
Kraft Heinz Company Profile
The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.
Featured Stories
- Five stocks we like better than Kraft Heinz
- A Deeper Look at Bid-Ask Spreads
- T-Mobile US: The Un-Carrier Is an Indisputable Buy on the Dip
- How to Invest in Small Cap StocksĀ
- 3M Stock: 4 Compelling Reasons to Buy, 1 Big Reason to Pass
- With Risk Tolerance, One Size Does Not Fit All
- Kroger: This Must-Own Staples Stock Thrives in Every Market
Receive News & Ratings for Kraft Heinz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kraft Heinz and related companies with MarketBeat.com's FREE daily email newsletter.