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.
Many analysts weighed in on price targets for KHC. The most optimistic analyst gave a price target of 106, implying potential capital gains of 20.2 percent. The minimum price target given was 70, implying potential capital losses of -20.63 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -5.42 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.27 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.25 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of KHC to grow at a rate of 32.5 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. KHC has a PEG ratio of 0.96.
KHC has a 52-week high of 97.77 and a 52-week low of 79.69. The current market price is above the trailing year's low by 10.67 percent, and 9.8 percent lower than its 52-week 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 market cap of KHC is $106.74 billion. KHC will post this quarters earnings in days, on 0000-00-00.