The Kraft Heinz Company (KHC)

NASDAQ: KHC · IEX Real-Time Price · USD
32.00
+0.14 (0.44%)
At close: Jul 2, 2024, 4:00 PM
31.99
-0.01 (-0.03%)
After-hours: Jul 2, 2024, 7:58 PM EDT
0.44%
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]

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

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 Statements

Analyst 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.

Price Target
$39.25
(22.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

14 hours ago - Benzinga

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.

Other symbols: ELWBA
16 hours ago - Benzinga

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...

6 days ago - Business Wire

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...

8 days ago - Business Wire

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 ...

15 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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 ...

Other symbols: IOT
5 weeks ago - Business Wire

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...

Other symbols: PSNL
5 weeks ago - Business Wire

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 ...

6 weeks ago - Business Wire

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 ...

6 weeks ago - Business Wire

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 ...

7 weeks ago - Market Watch

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...

7 weeks ago - Reuters

Kraft Heinz Explores Sale of Oscar Mayer

The famed hot-dog business could fetch between $3 billion and $5 billion.

7 weeks ago - WSJ

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - PYMNTS

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...

2 months ago - Investopedia

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...

2 months ago - Market Watch

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

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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

2 months ago - WSJ