The stock of Kraft Heinz Co (KHC) has gone down by -3.50% for the week, with a -0.17% drop in the past month and a 3.95% rise in the past quarter. The volatility ratio for the week is 1.94%, and the volatility levels for the past 30 days are 1.56% for KHC. The simple moving average for the past 20 days is -1.11% for KHC’s stock, with a -1.65% simple moving average for the past 200 days.
Is It Worth Investing in Kraft Heinz Co (NASDAQ: KHC) Right Now?
Kraft Heinz Co (NASDAQ: KHC) has a price-to-earnings ratio of 22.19x that is above its average ratio. Additionally, the 36-month beta value for KHC is 0.47. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 4 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
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The public float for KHC is 1.20B and currently, short sellers hold a 2.80% ratio of that float. The average trading volume of KHC on October 28, 2024 was 7.41M shares.
KHC) stock’s latest price update
Kraft Heinz Co (NASDAQ: KHC)’s stock price has dropped by -0.83 in relation to previous closing price of 35.03. Nevertheless, the company has seen a loss of -3.50% in its stock price over the last five trading days. finbold.com reported 2024-10-26 that Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A), is celebrated for his ability to pick stocks with enduring growth potential.
Analysts’ Opinion of KHC
Many brokerage firms have already submitted their reports for KHC stocks, with Stifel repeating the rating for KHC by listing it as a “Hold.” The predicted price for KHC in the upcoming period, according to Stifel is $38 based on the research report published on October 25, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see KHC reach a price target of $34. The rating they have provided for KHC stocks is “Sell” according to the report published on August 12th, 2024.
Piper Sandler gave a rating of “Overweight” to KHC, setting the target price at $42 in the report published on May 22nd of the current year.
KHC Trading at -1.50% 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 -10.83% of loss for the given period.
Volatility was left at 1.56%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares sank -1.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.61% upper at present.
During the last 5 trading sessions, KHC fell by -3.50%, which changed the moving average for the period of 200-days by -8.31% in comparison to the 20-day moving average, which settled at $35.13. In addition, Kraft Heinz Co saw -6.06% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KHC starting from La Lande Rashida, who proposed sale 15,000 shares at the price of $34.65 back on Aug 14 ’24. After this action, La Lande Rashida now owns shares of Kraft Heinz Co, valued at $519,788 using the latest closing price.
Onell Cory, the Chief Omnich Sales & AEM Ofcr of Kraft Heinz Co, sale 4,076 shares at $36.00 during a trade that took place back on Aug 02 ’24, which means that Onell Cory is holding 143,970 shares at $146,736 based on the most recent closing price.
Stock Fundamentals for KHC
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.35 for the gross margin
The net margin for Kraft Heinz Co stands at 0.07. The total capital return value is set at 0.06. Equity return is now at value 3.89, with 2.14 for asset returns.
Based on Kraft Heinz Co (KHC), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 5.18.
Currently, EBITDA for the company is 6.34 billion with net debt to EBITDA at 3.46. When we switch over and look at the enterprise to sales, we see a ratio of 2.32. The receivables turnover for the company is 12.18for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.
Conclusion
In conclusion, Kraft Heinz Co (KHC) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
