Kraft Heinz (NASDAQ:KHC) Announces Earnings Results

Kraft Heinz (NASDAQ:KHC) issued its earnings results on Wednesday. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.78 by $0.06, Zacks reports. Kraft Heinz had a return on equity of 7.46% and a net margin of 5.24%. Kraft Heinz updated its FY 2025 guidance to 2.630-2.740 EPS.

Kraft Heinz Stock Performance

Shares of Kraft Heinz stock opened at $28.62 on Thursday. The business has a 50-day simple moving average of $29.98 and a 200 day simple moving average of $32.80. Kraft Heinz has a one year low of $27.25 and a one year high of $38.96. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.06 and a quick ratio of 0.56. The firm has a market capitalization of $34.61 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 3.74 and a beta of 0.47.

Kraft Heinz Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 7th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.59%. Kraft Heinz’s dividend payout ratio (DPR) is presently 144.14%.

Wall Street Analyst Weigh In

KHC has been the subject of a number of research reports. Citigroup cut Kraft Heinz from a “buy” rating to a “neutral” rating and dropped their price target for the company from $34.00 to $28.00 in a research note on Thursday. JPMorgan Chase & Co. decreased their price target on Kraft Heinz from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Jefferies Financial Group cut their price objective on Kraft Heinz from $34.00 to $30.00 and set a “hold” rating on the stock in a research note on Wednesday, January 29th. Bank of America cut Kraft Heinz from a “buy” rating to an “underperform” rating and reduced their target price for the company from $36.00 to $30.00 in a report on Thursday. Finally, Piper Sandler restated a “neutral” rating and set a $35.00 price target (down previously from $40.00) on shares of Kraft Heinz in a report on Tuesday, November 19th. Two equities research analysts have rated the stock with a sell rating and twelve have issued a hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $32.07.

Kraft Heinz Company Profile

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.