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.
KHC was given price targets by several analysts. The most optimistic analyst gave a price target of 106, implying a possible profit of 20.2 percent. The most pessimistic analyst gave a price target of 70, implying a possible loss of -20.63 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -5.42 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.27 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.25 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
Analysts estimate earnings of KHC to grow at a rate of 32.5 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of KHC is 0.96.
In the trailing 52-weeks, KHC hit 97.77 at the highest peak, while it's lowest trading point was 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 P/E 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 market cap of KHC is $106.74 billion. KHC's next earnings release will be on 0000-00-00, which is days away.