Adjusted earnings fell 1.1 per cent to 90 cent a share and missed analysts' estimates of 95 cent. Taking short look on returns of the firm, net profit margin recorded as 46.50% while operating profit margin was 37.00%, whereas price to sale ratio stands at 5.61 and it indicates how much investor paid for a share compared to the sales a company generated per share. The Average Volume is a very popular concept in capital markets, which is generally used as the number of shares that shuffles during the daily activity in the stock market. When it comes to P/B Ratio, it is basically known as a ratio that can be used to compare the market value of a stock to its book value. The company now has a consensus rating of "Buy" and an average target price of $91.89.
Analysts believe that the company has the potential to earn average revenue of $6.92 Billion for the current quarter. According to the Analysts, the Low Earnings estimate for the current quarter is $0.87, while the High earnings estimate is $1.01.Comparatively, EPS for the same quarter past year was $1.
More notable recent The Kraft Heinz Company (NASDAQ:KHC) news were published by: Chicagotribune.com which released: "Kraft Heinz CEO on the hunt for the company's next big acquisition" on February 08, 2018, also Investorplace.com with their article: "Trade of the Day: Kraft Heinz Co (KHC)" published on February 09, 2018, Wsj.com published: "Kraft Heinz Hints at Appetite for Deals" on February 16, 2018. As a company has 361.58M shares outstanding and its current share price is $54.65, the market cap is $19.76B. Shelton Capital Management's holdings in Kraft Heinz were worth $7,741,000 as of its most recent SEC filing. On average, equities analysts forecast that The Kraft Heinz Company will post $3.24 earnings per share for the current fiscal year. Analysts' mean recommendation for the stock is 2.40 (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
Apple Promises To Fix Latest iPhone Crash Bug Before iOS 11.3
Having said that, the tech giant has also announced last month that it is bringing a new firmware update for Apple devices. Messages written with the Telugu symbol can effectively disable any chat or email app that tries to fetch them on startup.
The stock increased or $0 during the last trading session, hitting $. Financial Counselors Inc. raised its stake in shares of Kraft Heinz by 0.9% during the 2nd quarter.
Kraft-Heinz, the fifth-largest food and beverage company in the world, achieved its target of cutting $1.7 billion in costs by the end of 2017.
The Kraft Heinz Company (KHC) is an interesting player in the Consumer Goods space, with a focus on Food - Major Diversified. The company presently has an average rating of "Buy" and a consensus price target of $91.89. The Kraft Heinz had a net margin of 14.67% and a return on equity of 7.52%. That value represents a market adjusting for revenues that have been growing by 0.75 % on a quarterly year/year basis as of the company's last quarterly report. Reilly Financial Advisors LLC now owns 1,631 shares of the company's stock worth $140,000 after purchasing an additional 134 shares during the period. Institutional investors own 61.93% of the company's stock. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of USA and worldwide copyright and trademark legislation. Finally, Susquehanna Bancshares cut their price objective on Kraft Heinz from $83.00 to $80.00 and set a "neutral" rating on the stock in a report on Thursday, November 2nd. If you are accessing this article on another site, it was illegally copied and republished in violation of USA & global copyright & trademark legislation. The Company's segments include the United States, Canada and Europe.