Kraft Heinz (NASDAQ:KHC) is scheduled to be issuing its quarterly earnings data after the market closes on Friday, February 16th. Analysts expect the company to announce earnings of $0.95 per share for the quarter.
Kraft Heinz (NASDAQ KHC) opened at $71.58 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. The firm has a market capitalization of $87,200.00 and a price-to-earnings ratio of 22.30. Kraft Heinz has a 12 month low of $71.25 and a 12 month high of $97.77.
KHC has been the topic of a number of analyst reports. Zacks Investment Research raised Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Monday, December 18th. BMO Capital Markets lowered their price objective on shares of Kraft Heinz from $96.00 to $82.00 and set a “market perform” rating for the company in a research report on Thursday, November 2nd. BidaskClub upgraded shares of Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Citigroup lowered their price objective on shares of Kraft Heinz from $90.00 to $82.00 and set a “neutral” rating for the company in a research report on Thursday, November 2nd. Finally, Vetr upgraded shares of Kraft Heinz from a “buy” rating to a “strong-buy” rating and set a $85.31 price objective for the company in a research report on Monday. One analyst has rated the stock with a sell rating, five have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Kraft Heinz currently has a consensus rating of “Buy” and an average target price of $92.27.
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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