The Kraft Heinz Company (KHC)

NASDAQ: KHC · Real-Time Price · USD
30.61
-0.16 (-0.52%)
At close: Jan 3, 2025, 4:00 PM
30.66
+0.05 (0.16%)
After-hours: Jan 3, 2025, 7:10 PM EST
-0.52%
Market Cap 37.01B
Revenue (ttm) 26.13B
Net Income (ttm) 1.37B
Shares Out 1.21B
EPS (ttm) 1.11
PE Ratio 27.46
Forward PE 10.13
Dividend $1.60 (5.23%)
Ex-Dividend Date Nov 29, 2024
Volume 7,762,266
Open 30.87
Previous Close 30.77
Day's Range 30.52 - 30.90
52-Week Range 30.01 - 38.96
Beta 0.47
Analysts Hold
Price Target 36.33 (+18.69%)
Earnings Date Feb 12, 2025

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]

Industry Packaged Foods
Founded 1869
Employees 36,000
Stock Exchange NASDAQ
Ticker Symbol KHC
Full Company Profile

Financial Performance

In 2023, The Kraft Heinz Company'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 Statements

Analyst Forecast

According to 9 analysts, the average rating for KHC stock is "Hold." The 12-month stock price forecast is $36.33, which is an increase of 18.69% from the latest price.

Price Target
$36.33
(18.69% upside)
Analyst Consensus: Hold
Stock Forecasts

News

2 Buyable Dividends In Buffett's 27 Berkshire January Holdings

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22 hours ago - Seeking Alpha

Cramer's Mad Dash: Cornell report on GLP-1s shows decrease in consumption of savory snacks

CNBC's Jim Cramer reports on a study from Cornell and its impact on the stock market.

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1 day ago - CNBC Television

Wall Street's Most Accurate Analysts Give Their Take On 3 Defensive Stocks With Over 4% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

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5 days ago - Benzinga

Kraft Heinz Juggling Debt, Growth And Shareholder Returns

Kraft Heinz shares dropped 17% in 2024, underperforming the S&P500's 26% gain, but a 5.2% dividend yield makes it attractive for dividend investors. The company's sales are primarily driven by condime...

9 days ago - Seeking Alpha

Oscar Mayer Hotdogger Applications are Officially Open: Now is your Chance to Get Behind the Wheel of an American Icon

CHICAGO & PITTSBURGH--(BUSINESS WIRE)--Today, Oscar Mayer announced the opening of Hotdogger applications, inviting recent college graduates to apply for a one-year, full-time gig behind the wheel of ...

17 days ago - Business Wire

Kraft Heinz: Hard To Overlook The Progress

In September 2020, we suggested KHC was nearing a buy-zone but wasn't particularly attractive at $31.95. The company has improved by leaps and bounds since then, but the price has remained static. We ...

23 days ago - Seeking Alpha

2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables

Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...

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23 days ago - Seeking Alpha

Top 10 High-Yield Picks For December 2024 With Strategic Allocations: 5 Yield Over 7%

In this article, I will share with you 10 attractive high dividend yield companies that could help you enhance your portfolio's ability to generate dividend income. I will also share allocation limits...

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4 weeks ago - Seeking Alpha

Buffett's November DiviDog Pile Had No 'Safer' Buys

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4 weeks ago - Seeking Alpha

It's

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Nearly half of Americans customize their mac & cheese by adding extra seasonings and ingredients, affectionately known as “mac hacks.”1 Today, KRAFT Mac & Cheese...

6 weeks ago - Business Wire

Wall Street's Most Accurate Analysts Weigh In On 3 Defensive Stocks With Over 5% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

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6 weeks ago - Benzinga

Processed food stocks fall as investors brace for increased scrutiny under Trump, RFK Jr.

Shares of several companies behind popular soda and snack brands pulled back sharply Friday.

Other symbols: CAGCPBGISKOPEPLW
7 weeks ago - CNBC

100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys

Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...

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7 weeks ago - Seeking Alpha

Kraft Heinz ordered to face Mac & Cheese lawsuit over ‘no preservatives' label

A federal judge said Kraft Heinz must face a proposed nationwide class action lawsuit over claims that its Kraft macaroni and cheese contains no artificial preservatives.

7 weeks ago - New York Post

Kraft Heinz must face Mac & Cheese lawsuit, judge rules

A federal judge said Kraft Heinz must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains n...

7 weeks ago - Reuters

Kraft Heinz discontinues school Lunchables

Lunchables—pre-packaged boxes of crackers, cheese, and deli meat—will no longer be part of the National School Lunch Program (NSLP), a school program that provides free lunches to kids in need, Kraft ...

7 weeks ago - Fast Company

Kraft Heinz: Value Opportunity If Managers Adapt To Changing Grocery Preferences

Kraft Heinz has struggled with declining North American sales due to rising competition from private-label and niche brands. KHC's failure to adapt to consumer trends and health preferences has left i...

7 weeks ago - Seeking Alpha

Kraft and Hershey Stock Have Been Dropping. It Isn't About RFK.

Evercore warns that many packaged food companies are losing market share.

Other symbols: HSY
7 weeks ago - Barrons

Buy 2 October Berkshire DiviDogs And Watch 6 More

This Berkshire/Buffett holdings-list from Kiplinger first-appeared 8/16/24 on BKH's SEC-Form-13F. Kiplinger, and YCharts both track this BRK batch. Here is your update from 10/28/24 YCharts data. 25 o...

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2 months ago - Seeking Alpha

Kraft Heinz sales drop as inflation-battered consumers pull back on pricey packaged foods

The food company – which owns brands like Kraft Mac & Cheese, Heinz Tomato Ketchup, Lunchables, Capri Sun, Kool Aid and Jell-O – raised its prices by 1.2 percentage points during the quarter ended Sep...

2 months ago - New York Post

The Kraft Heinz Company (KHC) Q3 2024 Earnings Call Transcript

The Kraft Heinz Company (NASDAQ:KHC) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Anne-Marie Megela - Global Head, Investor Relations Carlos Abrams-Rivera - Chief...

2 months ago - Seeking Alpha

Kraft Heinz's stock drops as sales volumes fall again, more than prices rise

Kraft Heinz misses sales expectations again, as volumes keep falling, and the stock heads for a three-month low.

2 months ago - Market Watch

Wall Street's Most Accurate Analysts Spotlight On 3 Risk Off Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

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2 months ago - Benzinga

Kraft Heinz trims 2024 forecasts on Lunchables drag, tepid demand

Kraft Heinz on Wednesday tempered its annual forecasts for organic sales and profit as repeated price hikes hurt demand for the packaged food giant's branded products such as Lunchables meal kits.

2 months ago - Reuters

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...

2 months ago - Business Wire