The Kraft Heinz Company (KHC)

NASDAQ: KHC · IEX Real-Time Price · USD
38.56
-0.48 (-1.23%)
At close: May 19, 2022 4:00 PM
38.70
0.14 (0.36%)
After-hours:May 19, 2022 7:56 PM EDT
Market Cap47.20B
Revenue (ttm)25.69B
Net Income (ttm)1.23B
Shares Out1.22B
EPS (ttm)0.99
PE Ratio38.95
Forward PE16.13
Dividend$1.60 (4.15%)
Ex-Dividend DateMay 26, 2022
Volume8,633,009
Open38.77
Previous Close39.04
Day's Range37.90 - 38.90
52-Week Range32.79 - 44.95
Beta0.85
AnalystsHold
Price Target43.63 (+13.1%)
Earnings DateApr 27, 2022

About KHC

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company also offers dressings, healthy snacks, and other categories; and spices and other seasonings. It sells its products through its own sales organizations, as well as through independent brokers, agents, and distribut...

IndustryFood Products
Founded1869
Employees36,000
Stock ExchangeNASDAQ
Ticker SymbolKHC
Full Company Profile

Financial Performance

In 2021, KHC's revenue was $26.04 billion, a decrease of -0.55% compared to the previous year's $26.19 billion. Earnings were $1.01 billion, an increase of 184.27%.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for KHC stock is "Hold." The 12-month stock price forecast is 43.63, which is an increase of 13.15% from the latest price.

Price Target
$43.63
(13.15% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Mix And Match Can Bolster Sales, But Does It Beat Buying A Brand?

F&B companies hope that by blending flavors and products such as mayonnaise and ketchup, mayonnaise and mustard, and ketchup and chili, they can extend their brands, while getting more shelf space in st...

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2 days ago - The Motley Fool

Judge OKs $16 million fine against Kraft, Mondelez to settle CFTC complaint, agency says

A federal judge on Friday ordered food consumer companies Kraft Heinz and Mondelez International pay a $16 million fine as part of a settlement with the U.S. Commodity Futures Trading Commission, the ag...

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6 days ago - Reuters

The Top 10 Stocks Helping Warren Buffett Beat the Market

These Warren Buffett stocks are helping the Oracle of Omaha be a winner even in a down market. All are generating solid returns in 2022.

1 week ago - InvestorPlace

Kraft Heinz Explores the Ketchup Bottle of Tomorrow

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--HEINZ, maker of the world's favorite ketchup and beloved condiments, is teaming up with Pulpex to develop a paper-based, renewable and recyclable bottle made from ...

1 week ago - Business Wire

Kraft Heinz has a unique solution for supply chain backups

Kraft Heinz is using the metaverse to help get Lunchables, Velveeta and ketchup onto shelves faster.

1 week ago - CNN Business

Three Stocks To Ride Out A Rough Market

We could expound for days on the risks facing the market and the potential depth of the oncoming correction but we won't. Today we're here to touch base on a few stocks that we expect to do well over th...

Other symbols:KWHR
1 week ago - MarketBeat

Clorox, P&G, Kraft boost defenses against generic brands

The makers of brand-name products such as Tide detergent and Kraft Macaroni & Cheese are bolstering their defenses against store-brand rivals like Walmart's Great Value products as shoppers' budgets sta...

Other symbols:CLXPG
2 weeks ago - New York Post

Makers of Dawn dish soap, Heinz ketchup, Clorox boost defenses against store brand rivals

The makers of brand-name products such as Tide detergent and Kraft Macaroni & Cheese are bolstering their defenses against store-brand rivals like Walmart Inc's Great Value products as shoppers' budgets...

Other symbols:CLX
2 weeks ago - Reuters

5 Best Stocks in Nasdaq ETF That Gained in April

The tech-heavy Nasdaq Composite Index logged in the worst month since 2008, having fallen 15%.

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2 weeks ago - Zacks Investment Research

The Kraft Heinz Comeback Continues

The Kraft Heinz Co. ( KHC , Financial) topped analyst estimates for the first quarter of 2022 and upped both its full-year projection for organic net sales and product pricing in order to combat inflation.

3 weeks ago - GuruFocus

Kraft Heinz (KHC) Q1 Earnings Top Estimates, Sales Fall Y/Y

The Kraft Heinz Company's (KHC) first-quarter 2022 results reflect lower earnings and sales. Nevertheless, management raises the 2022 organic net sales view.

3 weeks ago - Zacks Investment Research

Kraft Heinz (KHC) Tops Q1 Earnings and Revenue Estimates

Kraft (KHC) delivered earnings and revenue surprises of 15.38% and 4.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

The Kraft Heinz Turnaround Story Gains Momentum

Shares of Kraft Heinz (NASDAQ: KHC) wobbled in the wake of the Q1 earnings report despite better than expected results and an increase in the guidance. The results, as good as they are, are driven in la...

3 weeks ago - MarketBeat

Kraft Heinz raises sales forecast on sustained packaged foods demand

Kraft Heinz Co on Wednesday raised its forecast for annual organic sales growth, benefiting from higher product prices and sustained demand for its packaged meals and condiments.

3 weeks ago - Reuters

Kraft Heinz beats on earnings and raises its outlook

Kraft Heinz reported first-quarter net income of $776 million, or 63 cents per share, up from $563 million, or 46 cents per share, last year. Adjusted EPS of 60 cents beat the FactSet consensus for 53 c...

3 weeks 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 stoc...

3 weeks ago - Business Wire

Kraft Heinz Reports First Quarter 2022 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 2022 that reflected strong price r...

3 weeks ago - Business Wire

HEINZ® Transforms Burger Eating Experience with the Launch of Latest Innovation: HEINZ® DIP & CRUNCH™

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--AMERICA'S FAVORITE KETCHUP®, HEINZ®, today unveils a first-of-its-kind innovation that seeks to revolutionize the burger eating experience: HEINZ DIP & CRUNCH. The...

3 weeks ago - Business Wire

What's in the Offing for Kraft Heinz (KHC) in Q1 Earnings?

Kraft Heinz's (KHC) first-quarter 2022 results are likely to reflect the escalated commodity and packaging costs, to name a few. However, strength in the operating model and pricing remain upsides.

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3 weeks ago - GuruFocus

Kraft Heinz partners with Microsoft for supply chain upgrade

Kraft Heinz Co. KHC, +2.47% has announced a partnership with Microsoft Corp. MSFT, -0.36% that will transform the food company's supply chain and analytics process. The partnership is one more step in t...

Other symbols:MSFT
4 weeks ago - Market Watch

Kraft Heinz and Microsoft join forces to accelerate supply chain innovation as part of broader digital transformation

Multiyear cloud and AI agreement will focus on joint innovations across Kraft Heinz operations and product portfolio, representing one of the company's largest technology investments to date PITTSBURGH ...

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