Equities analysts expect Kraft Heinz Co (NASDAQ:KHC) to report earnings per share of $0.95 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Kraft Heinz’s earnings, with estimates ranging from $0.88 to $1.00. Kraft Heinz posted earnings per share of $0.91 during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.4%. The company is scheduled to report its next quarterly earnings results on Wednesday, February 21st.

On average, analysts expect that Kraft Heinz will report full-year earnings of $3.61 per share for the current fiscal year, with EPS estimates ranging from $3.53 to $3.65. For the next fiscal year, analysts anticipate that the firm will post earnings of $3.90 per share, with EPS estimates ranging from $3.82 to $4.00. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Kraft Heinz.

Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings results on Wednesday, November 1st. The company reported $0.83 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.83. The company had revenue of $6.31 billion for the quarter, compared to analysts’ expectations of $6.33 billion. Kraft Heinz had a return on equity of 7.49% and a net margin of 15.03%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.83 earnings per share.

Several analysts recently commented on the company. Zacks Investment Research upgraded Kraft Heinz from a “sell” rating to a “hold” rating in a report on Monday, August 21st. Morgan Stanley reduced their target price on Kraft Heinz from $92.00 to $88.00 and set an “overweight” rating on the stock in a report on Friday, November 3rd. BidaskClub upgraded Kraft Heinz from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Piper Jaffray Companies set a $92.00 target price on Kraft Heinz and gave the company a “hold” rating in a report on Wednesday, August 16th. Finally, Citigroup reduced their target price on Kraft Heinz from $90.00 to $82.00 and set a “neutral” rating on the stock in a report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Kraft Heinz presently has a consensus rating of “Buy” and a consensus target price of $92.49.

Several institutional investors have recently bought and sold shares of KHC. Westside Investment Management Inc. raised its position in shares of Kraft Heinz by 16.6% during the second quarter. Westside Investment Management Inc. now owns 1,209 shares of the company’s stock worth $100,000 after purchasing an additional 172 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in shares of Kraft Heinz by 287.9% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,280 shares of the company’s stock worth $110,000 after purchasing an additional 950 shares during the period. Mountain Capital Investment Advisors Inc acquired a new position in shares of Kraft Heinz during the second quarter worth approximately $121,000. Blue Chip Partners Inc. raised its position in shares of Kraft Heinz by 0.5% during the second quarter. Blue Chip Partners Inc. now owns 1,484 shares of the company’s stock worth $127,000 after purchasing an additional 8 shares during the period. Finally, GWM Advisors LLC acquired a new position in shares of Kraft Heinz during the second quarter worth approximately $137,000. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Shares of Kraft Heinz (KHC) opened at $78.37 on Tuesday. Kraft Heinz has a twelve month low of $75.21 and a twelve month high of $97.77. The firm has a market capitalization of $95,625.38, a PE ratio of 22.05, a PEG ratio of 2.17 and a beta of 0.45. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.43 and a current ratio of 0.77.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be issued a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Thursday, November 16th. Kraft Heinz’s payout ratio is 77.88%.

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About Kraft Heinz

The Kraft Heinz Company is a food and beverage company. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company’s segments include the United States, Canada and Europe.

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