Analysts See $0.84 EPS for The Kraft Heinz Company (KHC)

October 14, 2018 - By Peter Erickson

The Kraft Heinz Company (NASDAQ:KHC) Logo

Analysts expect The Kraft Heinz Company (NASDAQ:KHC) to report $0.84 EPS on November, 7.They anticipate $0.01 EPS change or 1.20 % from last quarter’s $0.83 EPS. KHC’s profit would be $1.02B giving it 16.14 P/E if the $0.84 EPS is correct. After having $1.00 EPS previously, The Kraft Heinz Company’s analysts see -16.00 % EPS growth. The stock increased 0.78% or $0.42 during the last trading session, reaching $54.24. About 8.11 million shares traded or 33.72% up from the average. The Kraft Heinz Company (NASDAQ:KHC) has declined 28.06% since October 14, 2017 and is downtrending. It has underperformed by 43.68% the S&P500.

The Kraft Heinz Company (NASDAQ:KHC) Ratings Coverage

Among 6 analysts covering Kraft Heinz (NASDAQ:KHC), 2 have Buy rating, 3 Sell and 1 Hold. Therefore 33% are positive. Kraft Heinz had 9 analyst reports since April 16, 2018 according to SRatingsIntel. Morgan Stanley reinitiated the stock with “Underweight” rating in Monday, September 17 report. The stock of The Kraft Heinz Company (NASDAQ:KHC) has “Overweight” rating given on Thursday, May 3 by Morgan Stanley. The rating was downgraded by Credit Suisse to “Underperform” on Monday, April 16. The stock has “Buy” rating by Deutsche Bank on Thursday, May 3. Credit Suisse downgraded it to “Sell” rating and $5500 target in Wednesday, June 20 report. Morgan Stanley maintained the shares of KHC in report on Wednesday, April 18 with “Overweight” rating. The firm earned “Sell” rating on Friday, May 4 by DZ Bank. The firm earned “Buy” rating on Tuesday, April 24 by RBC Capital Markets. The rating was maintained by BMO Capital Markets on Friday, May 4 with “Market Perform”.

The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. The company has market cap of $66.13 billion. The Company’s products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. It has a 6.22 P/E ratio. The firm offers its products under the Kraft, Oscar Mayer, Heinz, Planters, Velveeta, Philadelphia, Lunchables, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, P'Tit Cheese, Tassimo, Plasmon, Pudliszki, Honig, HP, Benedicta, Weight Watchers, ABC, Master, Quero, Golden Circle, Wattie's, Complan, and Glucon D names.

More notable recent The Kraft Heinz Company (NASDAQ:KHC) news were published by: Fool.com which released: “Kraft Heinz’s Latest Acquisition Shows Its Strategy Is Changing” on October 03, 2018, also Themiddlemarket.com with their article: “Dealmaker’s guide to 15 cities where M&A thrives” published on October 12, 2018, Seekingalpha.com published: “Kraft Heinz: Looking Like A Snack?” on October 05, 2018. More interesting news about The Kraft Heinz Company (NASDAQ:KHC) were released by: Benzinga.com and their article: “Kraft Heinz Launches $100M Venture Capital Fund, Aims To Be Sector’s ‘Foremost Value-Added Investor'” published on October 08, 2018 as well as Seekingalpha.com‘s news article titled: “Kraft Heinz Is Struggling” with publication date: September 18, 2018.

The Kraft Heinz Company (NASDAQ:KHC) Ratings Chart

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