The Kraft Heinz Company (KHC)
Market Cap | 38.86B |
Revenue (ttm) | 26.56B |
Net Income (ttm) | 2.82B |
Shares Out | 1.21B |
EPS (ttm) | 2.29 |
PE Ratio | 13.97 |
Forward PE | 10.36 |
Dividend | $1.60 (5.00%) |
Ex-Dividend Date | Jun 6, 2024 |
Volume | 5,466,163 |
Open | 31.95 |
Previous Close | 31.86 |
Day's Range | 31.72 - 32.00 |
52-Week Range | 30.68 - 38.96 |
Beta | 0.56 |
Analysts | Buy |
Price Target | 39.25 (+22.66%) |
Earnings Date | Jul 31, 2024 |
About KHC
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. It sells its products through its own sales organizatio... [Read more]
Financial Performance
In 2023, KHC's revenue was $26.64 billion, an increase of 0.59% compared to the previous year's $26.49 billion. Earnings were $2.86 billion, an increase of 20.82%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for KHC stock is "Buy." The 12-month stock price forecast is $39.25, which is an increase of 22.66% from the latest price.
News
![](https://cdn.snapi.dev/images/v1/3/r/3rfdfs-2506556.jpg)
Kraft Heinz Stock's Death Cross: A Recipe For Decline?
Kraft Heinz Co is serving up a bearish entrée to investors as its stock takes a nosedive into the dreaded death cross territory.
![](https://cdn.snapi.dev/images/v1/8/9/gen43-2483785-2506228.jpg)
Top 3 Risk Off Stocks Which Could Rescue Your Portfolio This Quarter
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
![](https://cdn.snapi.dev/images/v1/s/w/press9-2497177.jpg)
Fashion Meets Flavor: HEINZ and kate spade new york Debut Red-Hot Capsule Collection
CHICAGO & PITTSBURGH & NEW YORK--(BUSINESS WIRE)--Today, HEINZ and kate spade new york announce a delicious new global partnership to debut a limited-edition collection just in time for summer. Both b...
![](https://cdn.snapi.dev/images/v1/b/p/press17-2492597.jpg)
Dinner Is Served: KD Celebrates the Iconic Cheesy Golden Hue of Its Mac ‘N Cheese with New Kitchenware Collection
TORONTO--(BUSINESS WIRE)--For so many, KD Mac ‘N Cheese is more than just a meal; it's a ritual that has fans reaching for the same spoon, bowl, and container through every stage of life. Not only doe...
![](https://cdn.snapi.dev/images/v1/n/h/press16-2481469.jpg)
After 20 Years, Ore-Ida – the Inventor of Tater Tots – Comes to Napoleon Dynamite's Rescue with First-Ever, Tater Tot-Protecting Pants
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--In 2004, the world first met one of the 2000s' most iconic characters, Napoleon Dynamite, known for his love of Tater Tots. Fans watched as Napoleon snuck Tater ...
![](https://cdn.snapi.dev/images/v1/h/b/press15-2460961.jpg)
Back by Popular Demand: HEINZ to Drop Limited-Edition Black Garlic Ranch and Harissa Aioli Sauces in Stores Nationwide
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Today, the HEINZ brand drops two limited-edition, new-to-category sauces: Black Garlic Ranch and Harissa Aioli, now rolling out exclusively to Walmart and Target...
![](https://cdn.snapi.dev/images/v1/y/y/press17-2451643.jpg)
Kraft Heinz to Participate in Deutsche Bank's Annual dbAccess Global Consumer Conference
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) announced today that Carlos Abrams-Rivera, Chief Executive Officer and Member of the Board of Directors, an...
![](https://cdn.snapi.dev/images/v1/l/o/press14-2451425.jpg)
Kraft Heinz Canada, Highbury Canco Extend Leamington Facility Agreement Through 2027
LEAMINGTON, Ontario--(BUSINESS WIRE)--Kraft Heinz Canada and Highbury Canco announced the extension of their partnership agreement in Leamington for another four years, with the production deal now in...
![](https://cdn.snapi.dev/images/v1/w/o/press17-2445490.jpg)
Kraft Heinz to Participate in Bernstein's 40th Annual Strategic Decisions Conference
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) announced today that Carlos Abrams-Rivera, Chief Executive Officer and Member of the Board of Directors, wi...
![](https://cdn.snapi.dev/images/v1/e/j/press10-2443496.jpg)
Blackline Safety Named One of the Americas' Fastest-Growing Companies by Financial Times
CALGARY, Canada--(BUSINESS WIRE)--Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, has been listed as one of The Americas' Fastest-Growing Companies 2024, ranking as ...
![](https://cdn.snapi.dev/images/v1/m/0/press3-2443463.jpg)
Antares Bolsters Private Wealth Team with Three New Senior Appointments
CHICAGO--(BUSINESS WIRE)--Antares Capital (“Antares”), a leading alternative asset manager with more than $69B in capital under management and administration, today announced three new senior hires to...
![](https://cdn.snapi.dev/images/v1/b/c/press16-2441275.jpg)
Kraft Heinz Unveils New Canadian Brand – Pure J.L. KRAFT Dressings & Marinades – Set to Disrupt Category with Twelve Craveable Offerings
TORONTO--(BUSINESS WIRE)--Today, The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) – Canada's salad dressing category leader for nearly one hundred years – launches Pure J.L. KRAFT, a new line of ...
![](https://cdn.snapi.dev/images/v1/h/4/press6-2431660.jpg)
Capri Sun Goes Beyond the Pouch: Launches New Multi-Serve Format with 32 Pouches' Worth of Classic Fruit Punch Flavor
CHICAGO--(BUSINESS WIRE)--For years, Capri Sun fans have called for a larger serving size to enjoy even more of their childhood favorite drink. In fact, between 2020 and 2023, a staggering 76 percent ...
![](https://cdn.snapi.dev/images/v1/1/y/im-840706size1777777777777778w-2427828.jpg)
Kraft Heinz exploring sale of Oscar Mayer brand that could be worth up to $5 billion: Wall Street Journal
Kraft Heinz Co. has hired financial advisers to help explore a possible sale of its Oscar Mayer unit, which makes hot dogs, cold cuts and bacon, the Wall Street Journal reported Monday, citing people ...
![](https://cdn.snapi.dev/images/v1/q/k/bxoernsngvinbfcvxgaxfeuhr4-2427775.jpg)
Kraft Heinz exploring sale of Oscar Mayer business, WSJ reports
Kraft Heinz is exploring a sale of its Oscar Mayer meats business that could fetch anything between $3 billion to $5 billion, the Wall Street Journal reported on Monday, citing people familiar with th...
![](https://cdn.snapi.dev/images/v1/w/d/21439515-2-2172746-2281828-2428564.jpg)
Kraft Heinz Explores Sale of Oscar Mayer
The famed hot-dog business could fetch between $3 billion and $5 billion.
![](https://cdn.snapi.dev/images/v1/c/w/press4-2414455.jpg)
Bagel Bites is Back! Beloved Brand Returns to Canadian Grocery Shelves Nationwide
TORONTO--(BUSINESS WIRE)--Back by popular demand, Bagel Bites, the beloved oven-baked snack, announced its return to Canadian shelves. The fan-favourite bite-sized snack is back to offer the same deli...
![](https://cdn.snapi.dev/images/v1/j/1/press15-2414231.jpg)
Oscar Mayer's New Stuffed Dogs Bring Bold Flavors and Crave-Worthy Cheese to Grocery Store Shelves
CHICAGO & PITTSBURGH--(BUSINESS WIRE)--Oscar Mayer®, the brand dedicated to uniting millions around a love of meat, today introduces its new Stuffed Dogs line to grocery retailers nationwide. Now more...
![](https://cdn.snapi.dev/images/v1/8/l/kraft-heinz-earningsjpgw457-2404571.jpg)
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. The packaged food product company on Wednesday (May 1) released earnings showing a 1.2% drop in sales, driven by ...
![](https://cdn.snapi.dev/images/v1/h/u/gettyimages-1795056340-df8ef2d-2403579.jpg)
Kraft Heinz Stock Drops As Higher Prices Eat Into Demand
Higher prices weighed on demand for Kraft Heinz (KHC) products, and shares dropped over 6% in early trading Wednesday after the food and beverage giant reported first-quarter results that missed analy...
![](https://cdn.snapi.dev/images/v1/z/6/he7-2-2402336.jpg)
Kraft Heinz's stock drops after profit matches expectations but sales fell a bit shy
Shares of Kraft Heinz Co. KHC, -0.10% fell 4.2% in premarket trading Wednesday, after the food and beverage brands company matched first-quarter profit expectations but fell shy on sales, as volume de...
![](https://cdn.snapi.dev/images/v1/r/w/press17-2402315.jpg)
The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per Share
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) announced today that the Company's Board of Directors declared a regular quarterly dividend of $0.40 per share of common st...
![](https://cdn.snapi.dev/images/v1/g/j/press12-2402307.jpg)
Kraft Heinz Reports First Quarter 2024 Results
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the first quarter of 2024. “I'm pleased that our stra...
![](https://cdn.snapi.dev/images/v1/h/q/press8-2399060.jpg)
VELVEETA Unveils its First-Ever, Ready-to-Eat Queso in Three Cheesy Flavors
CHICAGO & PITTSBURGH--(BUSINESS WIRE)--Today, VELVEETA, the iconic cheese brand known for its supremely creamy texture that satisfies cravings, announces its first-ever Queso offering. Allowing fans t...
![](https://cdn.snapi.dev/images/v1/7/p/gettyimages-467496314-129caefa-2395903.jpg)
Kraft Heinz's CEO Is a Health Nut. Can He Remake a Processed-Food Giant?
The new CEO explains his lifestyle and his company's approach to ketchup and Lunchables