Kraft Heinz (NASDAQ:KHC) will be announcing its earnings results after the market closes on Thursday, February 21st. Analysts expect the company to announce earnings of $0.94 per share for the quarter.
Shares of KHC opened at $47.64 on Thursday. Kraft Heinz has a 1-year low of $41.60 and a 1-year high of $72.78. The firm has a market capitalization of $57.87 billion, a P/E ratio of 13.42, a P/E/G ratio of 2.32 and a beta of 0.72. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.00 and a quick ratio of 0.57.
A number of equities research analysts recently weighed in on KHC shares. Deutsche Bank cut shares of Kraft Heinz from a “buy” rating to a “hold” rating and reduced their price target for the company from $58.00 to $52.00 in a research report on Tuesday, February 5th. Zacks Investment Research cut shares of Kraft Heinz from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. BidaskClub cut shares of Kraft Heinz from a “sell” rating to a “strong sell” rating in a research report on Thursday, February 7th. ValuEngine raised shares of Kraft Heinz from a “strong sell” rating to a “sell” rating in a research report on Friday, October 19th. Finally, UBS Group set a $65.00 price target on shares of Kraft Heinz and gave the company a “buy” rating in a research report on Friday, November 2nd. Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. Kraft Heinz presently has a consensus rating of “Hold” and a consensus price target of $64.43.
About Kraft Heinz
The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company offers its products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, P'Tit Cheese, Tassimo, Classico, Plasmon, Pudliszki, Honig, HP, Benedicta, ABC, Master, Quero, Golden Circle, Wattie's, Glucon D, and Complan names.
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