Analyst Ratings for Kraft Heinz Co. (KHC)Updated: 2017-07-27
Shares of Kraft Heinz Co. (NASDAQ:KHC) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for KHC last month.
21 analysts issued ratings on the stock, where 13 gave KHC a buy rating, 2 issued an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for KHC. The highest price target was 106, which equates to a potential upside of 20.2 percent. The most pessimistic analyst gave a price target of 70, which equates to a potential downside of -20.63 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.42 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.27 percent. If we look at the last 90 days instead, we find a net average change of -2.25 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.
The growth rate of KHC's earnings is estimated by analysts to be 32.5 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. KHC has a PEG ratio of 0.96.
In the last 52-weeks, KHC has achieved a high of 97.77 and a low of 79.69. The current market price is above the trailing year's low by 10.67 percent, and 9.8 percent below the high. KHC has a price/earnings ratio of 31.27. Investors typically compare the P/E ratio to a company's peers in the industry. The KHC value stock report compares KHC to some of its peers using value stock charts. The stock has a market capitalization of $106.74 billion. KHC's next earnings release will be on 0000-00-00, which is days away.