After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Kraft Heinz to Highlight Path to Deliver Consistent Profitable Growth at 2024 CAGNY Conference.
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Stocks Info
As a NASDAQ listed company, KHC falls under the Consumer Defensive sector while operating within the Packaged Foods industry segment. The current market capitalization of Kraft Heinz Co is $43.73B. A total of 6.19 million shares were traded on the day, compared to an average of 8.57M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, KHC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 45 BUYs and 34 SELLs from insiders. Insiders purchased 524,201 shares during that period but sold 638,196.
In the most recent transaction, Patricio Miguel sold 131,500 shares of KHC for 38.02 per share on Jan 02. After the transaction, the Director now owns 992,049 company shares. In a previous transaction on Nov 24, La Lande Rashida sold 13,238 shares at 35.00 per share. KHC shares that EVP, Global GC & CSCAO owns now total 153,494.
Among the insiders who sold shares, Garlati Vince disposed of 22,969 shares on Aug 17 at a per-share price of $33.56. This resulted in the VP, Global Controller (PAO) holding 74,832 shares of KHC after the transaction. In another insider transaction, La Lande Rashida sold 10,994 shares at $33.55 per share on Aug 17. Company shares held by the EVP, Global GC & CSCAO now total 165,268.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Kraft Heinz Co pays an annual dividend of $1.60, resulting in a dividend yield of 4.44%, and it has a price to earnings (P/E) ratio of 15.58. KHC’s most recent ex-dividend date was 3/7/2024 when it declared a $0.40 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 11/30/2023. The KHC stock dividend was $0.40 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for KHC in the last 3 months, the mean price target is $39.35 with high estimates of $45.00 and low estimates of $35.00. In terms of 52-week highs and lows, KHC has a high of $41.47 and a low of $30.68.
As of this writing, KHC has an earnings estimate of $0.69 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.72 per share and a lower estimate of $0.67. The company reported an EPS of $0.72 in the last quarter, which was 9.10% higher than expectations of $0.66.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. KHC’s latest balance sheet shows that the firm has $3.44B in Cash & Short Term Investments as of fiscal 2021. There were $21.82B in debt and $9.06B in liabilities at the time. Its Book Value Per Share was $40.66, while its Total Shareholder’s Equity was $49.45B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KHC is Buy with a score of 3.89.
