Kraft Heinz (KHC) Misses on Q4 Earnings & Revenue Estimates

Heinz ketchup

Check back later for our full write up on this KHC earnings report later!

Always volatility measures make charm for active trader; price volatility of stock was 2.55% for a week and 2.07% for a month. The stock analysts put their best efforts to measure the future activity of a trading system, investment sector or stock market. BidaskClub downgraded shares of The Kraft Heinz from a "sell" rating to a "strong sell" rating in a research note on Thursday, August 24th. Still, Kraft Heinz's results on Friday affirmed this play.

Investors could set buy and sell price points around target prices to maximize returns. On Wednesday, March 16 the stock rating was upgraded by Goldman Sachs to "Conviction Buy". As a company has 325.35M shares outstanding and its current share price is $2.47, the market cap is $803.61M. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. Nevertheless, KHC has a mixed earnings surprise history.

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In a presentation yesterday (15 February) before today's release of the 2017 results, Kraft Heinz said it is making "significant" investments to expand its capabilities in the go-to-market in both retail channels and foodservice to lock-in organic growth.

According to 12 analysts, the Average Revenue Estimate for the current Fiscal quarter is $6.58 Billion and the Low Revenue estimate is $6.5 Billion, while the High Revenue estimate is $6.72 Billion. During the same period in the previous year, the business earned $0.08 earnings per share. The biggest holder now is Mr. Francisco Sa Neto who owns 548,945 shares (0.05% of those outstanding), whilst W. Anthony Vernon holds 199,548 (0.02% of shares outstanding) and Georges El-Zoghbi holds 170,923 (0.01% of shares outstanding). This represents a $2.50 dividend on an annualized basis and a yield of 3.44%. Jefferies Group initiated coverage on Kraft Heinz in a research report on Friday, January 19th.

The stock decreased 4.83% or $3.51 during the last trading session, reaching $69.2. Alliancebernstein L.P. raised its holdings in shares of Kraft Heinz by 49.4% in the 2nd quarter.

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The shares are trading at their lowest level since Buffett's Berkshire Hathaway Inc. and the Brazilian private equity firm merged the two food companies in 2015. Commerce Bank increased its position in shares of Kraft Heinz by 1.8% during the second quarter.

Newly-appointed CFO David Knopf said Kraft Heinz will invest $300 million in its workforce and brands, $800 million in capital expenditures, and another $1.3 billion in pension plans, citing the benefits of the new tax law. Ropes Wealth Advisors LLC boosted its position in shares of Kraft Heinz by 0.4% during the 2nd quarter. For that goal, you will have to understand the concept of Moving Average (MA), as it is one of the most important technical indicators to measure stock activity in the market via a table, diagram or chart. RBC Capital Markets maintained The Kraft Heinz Company (NASDAQ:KHC) on Thursday, December 21 with "Buy" rating. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of US and worldwide copyright and trademark legislation.

Like other traditional food giants including General Mills, Kellogg, and Campbell Soup, Kraft Heinz has seen organic growth stagnate as consumer tastes change, and the industry is being forced to look to acquisitions and cost-cutting in order to grow profits. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products.

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