The Kraft Heinz Company (KHC)

NASDAQ: KHC · IEX Real-Time Price · USD
38.39
+0.02 (0.04%)
Apr 26, 2024, 1:07 PM EDT - Market open
0.04%
Market Cap 46.57B
Revenue (ttm) 26.64B
Net Income (ttm) 2.86B
Shares Out 1.21B
EPS (ttm) 2.31
PE Ratio 16.64
Forward PE 12.52
Dividend $1.60 (4.17%)
Ex-Dividend Date Mar 7, 2024
Volume 2,321,082
Open 37.95
Previous Close 38.37
Day's Range 37.96 - 38.47
52-Week Range 30.68 - 41.47
Beta 0.67
Analysts Buy
Price Target 39.54 (+3.01%)
Earnings Date May 1, 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 13 analysts, the average rating for KHC stock is "Buy." The 12-month stock price forecast is $39.54, which is an increase of 3.01% from the latest price.

Price Target
$39.54
(3.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Kraft Heinz's mio Launches TAP: First-Ever Faucet that Instantly Turns Tap Water into an Energy Drink

CHICAGO--(BUSINESS WIRE)--Say no more to cell phone chains and micro purses - the latest accessory infiltrating younger generations? Energy drinks. As the energy drink category has surged by 71 percen...

10 days ago - Business Wire

3G Capital quietly exited its Kraft Heinz investment last year

3G Capital, which helped to engineer the Kraft Heinz merger, had seen its influence at the company wane.

17 days ago - CNBC

The Kraft Heinz Company Foundation Commits $15 Million Over Three Years to Rise Against Hunger to Provide 463 Million Meals to People in Need

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Today, The Kraft Heinz Company Foundation announces an extended three-year partnership and $15 million commitment to Rise Against Hunger, an international nonpro...

17 days ago - Business Wire

The Kraft Heinz Company to Report First Quarter 2024 Results on May 1, 2024

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) will release its first quarter 2024 financial results on Wednesday, May 1, 2024. A press release and supple...

18 days ago - Business Wire

Yes, Chef! KRAFT Unveils New Line of Restaurant-Worthy Creamy Sauces

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Today, the iconic KRAFT brand adds five delicious aiolis and sauces to its diverse product portfolio with the new Creamy Sauces line. Creamy Sauces marks the fir...

23 days ago - Business Wire

Lunchables® is Back! After Fifteen Years, the Brand Returns to Canadian Shelves to Inspire Creativity and Power Kids Forward

TORONTO--(BUSINESS WIRE)--After fifteen years, Lunchables® today announced its long-awaited return to Canadian shelves. The fan-favourite lunch kit is returning to Canada to offer the same delicious t...

23 days ago - Business Wire

Kraft Heinz Seeks to Reduce Carbon Emissions by Over 99% Across 10 U.S. Plants With Help from a $170 Million Investment from U.S. Department of Energy

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--$170 million investment from U.S. Department of Energy will help Kraft Heinz implement clean energy projects at 10 of the Company's U.S. plants.

4 weeks ago - Business Wire

The Kraft Heinz Not Company Introduces KD NotMacandCheese: The First Plant-Based Offering from KD

TORONTO--(BUSINESS WIRE)--Today, The Kraft Heinz Not Company LLC launched KD NotMacandCheese, the first plant-based KD offering. This marks the first Canadian brand to launch a product out of the join...

6 weeks ago - Business Wire

Hot Dog! The Kraft Heinz Not Company Launches First-Ever, Plant-Based Oscar Mayer Hot Dogs and Sausages

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Not Company debuts Oscar Mayer NotHotDogs and NotSausages, the first plant-based meat innovations from the joint venture.

7 weeks ago - Business Wire

Kraft Heinz to Highlight Path to Deliver Consistent Profitable Growth at 2024 CAGNY Conference

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) will present today at the 2024 Consumer Analyst Group of New York (CAGNY) Conference. CEO ...

2 months ago - Business Wire

Fill Your Easter Basket with Egg-citing New Treats from Frankford Candy

New gift sets from PEEPS® and Kellogg's® Rice Krispies® candy hit retailer shelves nationwide this season PHILADELPHIA , Feb. 15, 2024 /PRNewswire/ -- Frankford Candy, the leader in manufacturing and ...

2 months ago - PRNewsWire

Why food inflation is a challenge for Kraft-Heinz

Shares of Kraft Heinz (KHC) are down Wednesday morning after the company posted fourth-quarter revenue that missed expectations. It was the third straight quarter revenue fell short of estimates.

2 months ago - Yahoo Finance

Kraft Heinz Sales Dip As Shoppers Make ‘Smaller Trips'

From dollar store shoppers to wealthier club store members, consumers are seeking value. So said Kraft Heinz CEO Carlos Abrams-Rivera, addressing his company's 7.1% quarterly sales drop during an earn...

2 months ago - PYMNTS

Kraft Heinz (KHC) Sees Organic Net Sales Flat To Up 2%

Kraft Heinz's (KHC) 4Q adjusted EPS came in at $0.78 versus an estimated $0.77 and revenue came in at $6.86B versus an estimated $6.97B. Morningstar's Erin Lash and TD Cowen's Rob Moskow discuss these...

2 months ago - Schwab Network

Kraft Heinz CEO: Our emerging markets are growing double digits

Kraft Heinz CEO Carlos Abrams-Rivera joins 'Money Movers' to discuss the company's quarterly earnings results, whether the North American consumer will trace prices to the downside, and more.

2 months ago - CNBC Television

AKAM, KHC Slide After Earnings, MGM Drops, & HPQ Upgraded

MGM Resorts (MGM) drops despite a rebound in China revenues. Jeff Pierce discusses this, along with how Akamai Technologies (AKAM) shares fall after revenue misses.

Other symbols: AKAMHPQMGM
2 months ago - Schwab Network

Kraft Heinz tops profit views but misses on sales, as volume fell more than prices were raised

Shares of Kraft Heinz Co. KHC were little changed premarket trading Wednesday, food, condiment and beverage company topped fourth-quarter profit expectations but fell short on sales, as volume fell mo...

2 months ago - Market Watch

Kraft Heinz misses fourth-quarter sales estimates

Kraft Heinz missed market expectations for fourth-quarter sales on Wednesday, as higher prices weighed on demand for its soups, sauces and meat cold cuts.

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

Kraft Heinz Reports Fourth Quarter and Full Year 2023 Results

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the fourth quarter and full year 2023. “I'm proud of ...

2 months ago - Business Wire

Kraft Heinz Partners With Carlton Power to Deliver Company's First-Ever Renewable Green Hydrogen Project in the UK

LONDON & WIGAN, England--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) has signed an agreement with Carlton Power, the UK energy infrastructure development company, to study t...

2 months ago - Business Wire

The Kraft Heinz Company to Report Fourth Quarter and Full Year 2023 Results on Feb. 14, 2024; Leadership to Present at 2024 CAGNY Conference on Feb. 21, 2024

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) will release its fourth quarter and full year 2023 financial results on Wednesday, Feb. 14, 2024. A press r...

3 months ago - Business Wire

The Best Warren Buffett Dividend Stocks

The best Warren Buffett dividend stocks are expected to produce impressive returns for the Berkshire Hathaway equity portfolio. Here are five with healthy yields.

Other symbols: BACCVXHPKO
4 months ago - Kiplinger

Weight loss drugs' impact on food stocks so far

Yahoo Finance selected pharmaceutical firm Novo Nordisk (NVO) as it's 2023 Company of the Year. Developer of obesity medications Wegovy and Ozempic, Novo Nordisk stock has gained over 40% year-to-date...

Other symbols: HSYXLP
4 months ago - Yahoo Finance

Kraft Heinz's MiO Provides ‘Insurance' to Compensate for Unwanted Side Effects of Traditional Energy Drinks

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The pressure of keeping up with school and work, while living on their own for the first time, has driven Gen-Z's reliance on energy drinks to rise. While the en...

5 months ago - Business Wire