The Kraft Heinz Company (KHC) - Volatile Consumer Goods stock to Watch

Jeannie Matthews
January 20, 2018

Taking a deeper look into the technical levels of Kraft Heinz Co (KHC), we can see that the Williams Percent Range or 14 day Williams %R now sits at -31.45. The company has its outstanding shares of 1.22 Billion. Westside Investment Management Inc. boosted its position in shares of Kraft Heinz by 16.6% in the second quarter. Blue Chip Partners Inc. now owns 1,484 shares of the company's stock worth $127,000 after acquiring an additional 8 shares during the last quarter. Mountain Capital Investment Advisors Inc purchased a new stake in shares of Kraft Heinz during the second quarter worth approximately $121,000. Leading up to this report, we have seen a 1.38% rise in the stock price over the last 30 days and a 3.12% increase over the past 3 months. Finally, GWM Advisors LLC purchased a new stake in shares of Kraft Heinz during the second quarter worth approximately $137,000. A 14 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of KHC or, if they already own its stock, sell it. Institutional investors own 62.01% of the company's stock.

Charter Trust Co. reduced its position in shares of Kraft Heinz Co (NASDAQ:KHC) by 28.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Chicago Partners Investment Group LLC now owns 2,718 shares of the company's stock worth $234,000 after purchasing an additional 2,239 shares during the last quarter. The Company's brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. The price to sales ratio is the ratio of the market value of equity to the sales. Kraft Heinz has a 1 year low of $75.21 and a 1 year high of $97.77.

Kraft Heinz (NASDAQ:KHC) last announced its earnings results on Wednesday, November 1st. As long as profit margins and other details stay intact, The Kraft Heinz Company can continue to provide value for investors. The firm had revenue of $6.31 billion for the quarter, compared to analyst estimates of $6.33 billion. This movement could be bad/good signal for few investors as firm is showing performance for the quarter as 3.12%. The Kraft Heinz's revenue for the quarter was down 3.1% compared to the same quarter previous year.

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The Kraft Heinz Company (NASDAQ:KHC) reported its EPS in the last quarter as $0.86/Share beating the analyst estimate of $0.81/Share by a difference of $0.05.

Several research firms recently issued reports on KHC. Finally, Susquehanna Bancshares reduced their price target on Kraft Heinz from $83.00 to $80.00 and set a "neutral" rating for the company in a research report on Thursday, November 2nd. Stifel Nicolaus reissued a "buy" rating and issued a $95.00 target price on shares of Kraft Heinz in a research note on Thursday, September 21st. BidaskClub upgraded Kraft Heinz from a "sell" rating to a "hold" rating in a report on Friday, November 10th. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.70, which implies that analysts are generally neutral in their outlook for KHC over the next year. KHC's latest closing price was -5.62% away from the average price of 200 days while it maintained a distance of 0.45% from the 50 Day Moving Average and 1.60% away compared to its SMA 20. The Relative Volume value measured for The Kraft Heinz Company stands at 1.79. 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. The Kraft Heinz Company formerly known as Kraft Foods Group, Inc., is based in PITTSBURGH, United States.

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