In Tuesday’s Wall Street session, Kraft Heinz Co (NASDAQ:KHC) shares traded at $27.59, down -1.99% from the previous session.
KHC stock price is now -6.86% away from the 50-day moving average and -13.53% away from the 200-day moving average. The market capitalization of the company currently stands at $32.65B.
With the price target maintained at $31, DZ Bank recently Downgraded its rating from Buy to Hold for Kraft Heinz Co (NASDAQ: KHC). On April 22, 2025, Bernstein Downgraded its previous ‘Outperform’ rating to ‘Mkt Perform’ on the stock keeping its target price maintained at $31, while ‘Citigroup’ rates the stock as ‘Sell’
In other news, Onell Cory, Chief Omnich Sales & AEM Ofcr sold 10,387 shares of the company’s stock on Mar 03 ’25. The stock was sold for $318,703 at an average price of $30.68. Upon completion of the transaction, the Chief Omnich Sales & AEM Ofcr now directly owns 153,796 shares in the company, valued at $4.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Chief Omnich Sales & AEM Ofcr Onell Cory sold 3,085 shares of the business’s stock. A total of $97,486 was realized by selling the stock at an average price of $31.60. This leaves the insider owning 150,711 shares of the company worth $4.16 million. A total of 0.42% of the company’s stock is owned by insiders.
During the past 12 months, Kraft Heinz Co has had a low of $27.25 and a high of $36.70. As of last week, the company has a debt-to-equity ratio of 0.44, a current ratio of 1.31, and a quick ratio of 0.81.
The net profit margin was 10.44% and return on equity was 5.36% for KHC. The company reported revenue of $6.0 billion for the quarter, compared to $6.41 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.43 percent. For the current quarter, analysts expect KHC to generate $6.27B in revenue.
