Kraft Heinz (NASDAQ:KHC – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.630-2.740 for the period, compared to the consensus earnings per share estimate of 3.040.
Analyst Upgrades and Downgrades
KHC has been the topic of several research reports. Piper Sandler restated a “neutral” rating and set a $35.00 price objective (down previously from $40.00) on shares of Kraft Heinz in a research report on Tuesday, November 19th. Mizuho lowered shares of Kraft Heinz from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $38.00 to $31.00 in a report on Monday. Wells Fargo & Company lowered their price target on shares of Kraft Heinz from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Thursday. Stifel Nicolaus decreased their price objective on Kraft Heinz from $32.00 to $31.00 and set a “hold” rating on the stock in a report on Thursday. Finally, Citigroup lowered Kraft Heinz from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $34.00 to $28.00 in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $31.93.
Check Out Our Latest Stock Analysis on KHC
Kraft Heinz Trading Up 0.1 %
Kraft Heinz (NASDAQ:KHC – Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.78 by $0.06. Kraft Heinz had a net margin of 5.24% and a return on equity of 7.46%. As a group, sell-side analysts forecast that Kraft Heinz will post 3 EPS for the current fiscal year.
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 $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 5.58%. Kraft Heinz’s dividend payout ratio (DPR) is presently 144.14%.
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.
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