Goldman Sachs Downgrades Rating On The Kraft Heinz Company (KHC) To "Neutral"

Goldman Sachs Downgrades Rating On The Kraft Heinz Company (KHC) To

Goldman Sachs Downgrades Rating On The Kraft Heinz Company (KHC) To "Neutral"

Trading volume is a gauge of how many times a stock is bought and sold in a given time period (most commonly, within a day of trading, known as the average daily trading volume - ADTV). After having $0.98 EPS previously, Kraft Heinz Co's analysts see -15.31% EPS growth. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. The Kraft Heinz has a 52 week low of $76.76 and a 52 week high of $97.77. The overall volume in the last trading session was 10,113,206 shares. Blue Chip Partners Inc. lifted its stake in The Kraft Heinz by 0.5% in the first quarter. Vanguard Group Inc. now owns 42,149,547 shares of the company's stock valued at $3,827,601,000 after purchasing an additional 1,585,231 shares during the period. Thornburg Investment Management Inc. boosted its stake in The Kraft Heinz by 9,061.9% during the 1st quarter. The Stock now has a Weekly Volatility of 1.42% and Monthly Volatility of 1.32%. The Company's brands include Heinz, Kraft, Oscar Mayer, Philadelphia, Planters, Velveeta, Lunchables, Maxwell House, Capri Sun, and Ore-Ida.

Other hedge funds have also recently added to or reduced their stakes in the company. The other 13, though not evenly; between analysts who think you should buy The Kraft Heinz Company versus those who think you should sell it. If you are reading this piece on another website, it was stolen and reposted in violation of US & worldwide copyright & trademark legislation. Zacks Investment Research downgraded The Kraft Heinz from a hold rating to a sell rating in a research note on Tuesday, August 8th.

A number of equities research analysts have commented on KHC shares. The firm earned "Buy" rating on Tuesday, October 3 by RBC Capital Markets. The Profit Margin for The Kraft Heinz Company NASDAQ KHC is now valued at 14.70% with a weekly performance figure of -0.98%. Stifel Nicolaus reiterated a "buy" rating and issued a $95.00 price target on shares of The Kraft Heinz in a report on Thursday, September 21st. A 1 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:DVMT) or, if they already own its stock, sell it. The company now has a consensus rating of "Hold" and an average price target of $96.53.

The Kraft Heinz (NASDAQ KHC) traded up 0.791% on Tuesday, reaching $78.385. The stock has a market cap of $94.80 billion, a price-to-earnings ratio of 24.94 and a beta of 0.44. Berenberg Bank set a $102.00 target price on shares of The Kraft Heinz and gave the company a buy rating in a research note on Monday, August 7th.

Focus On Healthier Brands Cost PepsiCo NA Soda Sales In Q3
COPYRIGHT VIOLATION NOTICE: This piece of content was first published by Equities Focus and is the property of of Equities Focus. PepsiCo also updated its 2017 targets and expects full-year organic revenue growth to match its year-to-date growth of 2.3%.

Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is -2.72% and standing -6.39% away from 50-Day Simple Moving Average while traded down -11.61% from 200-Day Simple Moving Average.

The Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Thursday, August 3rd. They expect $0.83 earnings per share, 0.00 % or $0.00 from last year's $0.83 per share. The business had revenue of $6.68 billion during the quarter, compared to analysts' expectations of $6.73 billion. The Kraft Heinz had a return on equity of 7.52% and a net margin of 14.67%. The dividend payment was $0.625 per share for the quarter which comes to $2.50 on an annualized basis.

In an analyst note released on 4 October, Goldman Sachs has chose to downgraded rating on Kraft Heinz (NASDAQ:KHC) shares to a Neutral.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Warburg Research maintained Fielmann AG (ETR:FIE) on Friday, August 26 with "Hold" rating. After $0.98 actual earnings per share reported by Kraft Heinz Co for the previous quarter, Wall Street now forecasts -15.31 % negative EPS growth. The dividend yield was $3.22. The Kraft Heinz's payout ratio is 79.87%.

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