Kraft Heinz (NASDAQ:KHC) Releases Earnings Results, Beats Expectations By $0.06 EPS

Kraft Heinz (NASDAQ:KHC) posted its quarterly earnings results on Wednesday. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.06, Zacks reports. Kraft Heinz had a return on equity of 7.46% and a net margin of 5.24%. Kraft Heinz updated its FY 2025 guidance to 2.630-2.740 EPS.

Kraft Heinz Price Performance

Shares of KHC stock opened at $29.25 on Friday. The business’s fifty day moving average is $29.98 and its 200 day moving average is $32.80. The company has a quick ratio of 0.56, a current ratio of 1.06 and a debt-to-equity ratio of 0.40. The stock has a market cap of $35.37 billion, a price-to-earnings ratio of 26.35, a PEG ratio of 3.74 and a beta of 0.47. Kraft Heinz has a twelve month low of $27.25 and a twelve month high of $38.96.

Kraft Heinz Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 7th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date is Friday, March 7th. Kraft Heinz’s payout ratio is presently 144.14%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on KHC. Mizuho lowered Kraft Heinz from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $38.00 to $31.00 in a research note on Monday. Piper Sandler dropped their price target on shares of Kraft Heinz from $35.00 to $31.00 and set a “neutral” rating for the company in a research report on Thursday. Wells Fargo & Company decreased their price objective on shares of Kraft Heinz from $31.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Thursday. The Goldman Sachs Group dropped their target price on shares of Kraft Heinz from $32.00 to $28.00 and set a “sell” rating for the company in a report on Thursday. Finally, UBS Group reduced their price target on Kraft Heinz from $37.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating and twelve have given a hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $31.29.

About Kraft Heinz

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.