Kraft Heinz (NASDAQ:KHC) Issues FY 2025 Earnings Guidance

Kraft Heinz (NASDAQ:KHC) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.630-2.740 for the period, compared to the consensus earnings per share estimate of 3.040.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. The Goldman Sachs Group cut their price target on Kraft Heinz from $34.00 to $32.00 and set a “sell” rating for the company in a research note on Thursday, October 31st. Citigroup cut their target price on shares of Kraft Heinz from $39.00 to $38.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Evercore ISI reiterated an “in-line” rating and issued a $35.00 price target (down from $38.00) on shares of Kraft Heinz in a research report on Tuesday, January 7th. TD Cowen cut their price objective on shares of Kraft Heinz from $34.00 to $32.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. Finally, Stifel Nicolaus reduced their price objective on Kraft Heinz from $35.00 to $32.00 and set a “hold” rating for the company in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $33.36.

Kraft Heinz Trading Down 3.1 %

KHC stock traded down $0.92 during midday trading on Wednesday, reaching $28.66. 11,307,709 shares of the company traded hands, compared to its average volume of 9,472,510. The firm has a market capitalization of $34.66 billion, a price-to-earnings ratio of 25.78, a P/E/G ratio of 3.74 and a beta of 0.47. Kraft Heinz has a 52-week low of $27.25 and a 52-week high of $38.96. The business has a 50 day moving average of $30.02 and a 200-day moving average of $32.83. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.56 and a current ratio of 1.06.

Kraft Heinz (NASDAQ:KHC) last announced its earnings results on Wednesday, February 12th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.06. Kraft Heinz had a net margin of 5.24% and a return on equity of 7.46%. As a group, sell-side analysts expect that Kraft Heinz will post 3 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 7th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 5.58%. Kraft Heinz’s payout ratio is 144.14%.

Kraft Heinz Company Profile

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.