Kraft Heinz (NASDAQ:KHC) Announces Earnings Results

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

Kraft Heinz Stock Down 3.7 %

Shares of KHC traded down $1.10 during midday trading on Wednesday, hitting $28.49. The company had a trading volume of 9,879,572 shares, compared to its average volume of 9,399,789. The company has a quick ratio of 0.56, a current ratio of 1.06 and a debt-to-equity ratio of 0.40. Kraft Heinz has a 52 week low of $27.25 and a 52 week high of $38.96. The company’s 50 day moving average price is $30.02 and its 200 day moving average price is $32.83. The stock has a market cap of $34.44 billion, a price-to-earnings ratio of 25.66, a PEG ratio of 3.74 and a beta of 0.47.

Kraft Heinz Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 7th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 5.62%. Kraft Heinz’s dividend payout ratio is currently 144.14%.

Analyst Ratings Changes

A number of brokerages recently weighed in on KHC. JPMorgan Chase & Co. decreased their price target on shares of Kraft Heinz from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Jefferies Financial Group decreased their target price on Kraft Heinz from $34.00 to $30.00 and set a “hold” rating for the company in a research report on Wednesday, January 29th. Evercore ISI reiterated an “in-line” rating and set a $35.00 target price (down from $38.00) on shares of Kraft Heinz in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft lowered Kraft Heinz from a “buy” rating to a “hold” rating and reduced their price target for the stock from $39.00 to $35.00 in a research report on Thursday, October 31st. Finally, Wells Fargo & Company lowered their price objective on shares of Kraft Heinz from $35.00 to $31.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $33.36.

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.