For its third fiscal quarter (ending September 30), The Kraft Heinz Co (NASDAQ: KHC) has reported a -214% decline in E.P.S. from $0.21 a year ago to $-0.24 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.13 compared to $2.44 a year ago — a decline of -54%.
Recent Price Action
On 10/30/24, The Kraft Heinz Co (NASDAQ: KHC) stock declined by -3.1%, closing at $33.73. Moreover, this decline was accompanied by exceptionally high trading volume at 203% of normal. The stock has performed in line with the market over the last nine months and has declined -5.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, KHC is expected to continue to be an important Value Builder.
Kraft Heinz has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Kraft Heinz has a good Appreciation Score of 84 but a neutral Power Rating of 43, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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