Kraft Heinz (NASDAQ:KHC) Updates FY 2025 Earnings Guidance

Kraft Heinz (NASDAQ:KHC) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.630-2.740 for the period, compared to the consensus earnings per share estimate of 3.040.

Kraft Heinz Price Performance

Shares of NASDAQ:KHC opened at $29.49 on Friday. The firm has a 50 day moving average of $29.94 and a 200-day moving average of $32.77. The stock has a market capitalization of $35.65 billion, a PE ratio of 26.35, a PEG ratio of 3.74 and a beta of 0.47. The company has a current ratio of 1.06, a quick ratio of 0.56 and a debt-to-equity ratio of 0.40. Kraft Heinz has a 12 month low of $27.25 and a 12 month high of $38.96.

Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. Kraft Heinz had a net margin of 5.24% and a return on equity of 7.46%. On average, equities research analysts predict that Kraft Heinz will post 3 EPS for the current fiscal year.

Kraft Heinz Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 7th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date is Friday, March 7th. Kraft Heinz’s payout ratio is 144.14%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on KHC shares. Deutsche Bank Aktiengesellschaft lowered shares of Kraft Heinz from a “buy” rating to a “hold” rating and reduced their target price for the stock from $39.00 to $35.00 in a report on Thursday, October 31st. UBS Group reduced their target price on shares of Kraft Heinz from $37.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Barclays reduced their target price on shares of Kraft Heinz from $36.00 to $35.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Stifel Nicolaus reduced their price objective on shares of Kraft Heinz from $32.00 to $31.00 and set a “hold” rating on the stock in a research note on Thursday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Kraft Heinz from $32.00 to $31.00 and set a “neutral” rating on the stock in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $31.29.

Kraft Heinz Company Profile

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.