The Kraft Heinz Company (NASDAQ:KHC) went down by -0.40% from its latest closing price compared to the recent 1-year high of $44.87. The company’s stock price has collected -6.01% of loss in the last five trading sessions. The Wall Street Journal reported on 10/26/22 that Kraft Heinz Sales Tick Higher as Prices Rise
Is It Worth Investing in The Kraft Heinz Company (NASDAQ :KHC) Right Now?
The Kraft Heinz Company (NASDAQ:KHC) scored a price-to-earnings ratio above its average ratio, recording 50.42 x from its present earnings ratio. Plus, the 36-month beta value for KHC is at 0.74. Opinions of the stock are interesting as 7 analysts out of 22 who provided ratings for The Kraft Heinz Company declared the stock was a “buy,” while 0 rated the stock as “overweight,” 13 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $42.82, which is $2.79 above the current price. KHC currently public float of 781.63M and currently shorts hold a 1.68% ratio of that float. Today, the average trading volume of KHC was 7.01M shares.
KHC’s Market Performance
KHC stocks went down by -6.01% for the week, with a monthly drop of -0.57% and a quarterly performance of 9.89%, while its annual performance rate touched 7.15%. The volatility ratio for the week stands at 2.40% while the volatility levels for the past 30 days are set at 1.62% for The Kraft Heinz Company. The simple moving average for the period of the last 20 days is -3.15% for KHC stocks with a simple moving average of 3.42% for the last 200 days.
Analysts’ Opinion of KHC
Many brokerage firms have already submitted their reports for KHC stocks, with Wells Fargo repeating the rating for KHC by listing it as a “Equal Weight.” The predicted price for KHC in the upcoming period, according to Wells Fargo is $43 based on the research report published on January 03rd of the current year 2023.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see KHC reach a price target of $39. The rating they have provided for KHC stocks is “Neutral” according to the report published on November 15th, 2022.
Goldman gave a rating of “Buy” to KHC, setting the target price at $43 in the report published on October 10th of the previous year.
KHC Trading at 0.16% from the 50-Day Moving Average
After a stumble in the market that brought KHC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.12% of loss for the given period.
Volatility was left at 1.62%, however, over the last 30 days, the volatility rate increased by 2.40%, as shares surge +0.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.48% upper at present.
During the last 5 trading sessions, KHC fell by -6.01%, which changed the moving average for the period of 200-days by -0.03% in comparison to the 20-day moving average, which settled at $41.18. In addition, The Kraft Heinz Company saw -2.04% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at KHC starting from Werneck Melissa, who sale 3,500 shares at the price of $42.39 back on Jan 09. After this action, Werneck Melissa now owns 266,583 shares of The Kraft Heinz Company, valued at $148,365 using the latest closing price.
Lima Marcos Eloi, the EVP & Glb Chief Procurement Of of The Kraft Heinz Company, sale 23,939 shares at $40.00 during a trade that took place back on Dec 01, which means that Lima Marcos Eloi is holding 173,020 shares at $957,658 based on the most recent closing price.
Stock Fundamentals for KHC
Current profitability levels for the company are sitting at:
- +19.47 for the present operating margin
- +32.97 for the gross margin
The net margin for The Kraft Heinz Company stands at +3.89. Equity return is now at value 2.50, with 1.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.