Kraft Heinz (NASDAQ:KHC) Issues FY 2025 Earnings Guidance

Kraft Heinz (NASDAQ:KHC) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.630-2.740 for the period, compared to the consensus EPS estimate of 3.040.

Wall Street Analyst Weigh In

Several analysts recently weighed in on KHC shares. Jefferies Financial Group cut their price target 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. The Goldman Sachs Group decreased their price objective on shares of Kraft Heinz from $34.00 to $32.00 and set a “sell” rating for the company in a report on Thursday, October 31st. Wells Fargo & Company cut their price objective on Kraft Heinz from $31.00 to $30.00 and set an “equal weight” rating for the company in a report on Thursday. Bank of America cut Kraft Heinz from a “buy” rating to an “underperform” rating and dropped their target price for the stock from $36.00 to $30.00 in a research report on Thursday. Finally, Piper Sandler reissued a “neutral” rating and issued a $35.00 price objective (down previously from $40.00) on shares of Kraft Heinz in a report on Tuesday, November 19th. Two research analysts have rated the stock with a sell rating and twelve have given a hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $31.93.

Kraft Heinz Trading Up 0.1 %

KHC stock traded up $0.04 during midday trading on Thursday, reaching $28.66. 2,746,295 shares of the company traded hands, compared to its average volume of 9,493,048. The firm has a market capitalization of $34.65 billion, a price-to-earnings ratio of 25.77, a P/E/G ratio of 3.74 and a beta of 0.47. Kraft Heinz has a 52-week low of $27.25 and a 52-week high of $38.96. The business has a 50 day moving average of $29.98 and a 200-day moving average of $32.80. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.56 and a current ratio of 1.06.

Kraft Heinz (NASDAQ:KHC) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. Kraft Heinz had a return on equity of 7.46% and a net margin of 5.24%. As a group, sell-side analysts expect that Kraft Heinz will post 3 earnings per share for the current fiscal year.

Kraft Heinz Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors 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 5.58%. Kraft Heinz’s payout ratio is 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.