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 highest price target was 106, which equates to a potential upside of 20.2 percent. The lowest price target was 70, implying potential capital losses 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. The average change in earnings estimates over the last 90 days is -5.42 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.27 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 3 analysts that revised their FY estimates downwards.
KHC has an estimated earnings growth rate of 32.5 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of KHC is 0.96.
KHC has traded between a high of 97.77 and a low of 79.69 over the past year. 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 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 stock has a market capitalization of $106.74 billion. KHC will post this quarters earnings in days, on 0000-00-00.