The Kraft Heinz Company (NASDAQ:KHC) quarterly profit beat Wall Street forecasts


Among analysts who offered their Analysis on The Kraft Heinz Company (NASDAQ:KHC)-4 analysts issued Strong buy for the stock, 9 analysts have given a Buy rating, 3 think it's a HOLD, 1 reported it as Underperform, while 0 analyst issued a Sell rating.

KHC has been the topic of several other reports.

Kraft Heinz Company has 52 week low of $71.02 and a 52 week high of $91.30 with a price-earnings ratio of 38.33 and has a total market value of $0. Deutsche Bank AG reissued a "buy" rating on shares of Kraft Heinz in a research note on Monday, October 31st. 14 Analysts think that the Price Target for The Kraft Heinz Company (NASDAQ:KHC) might hit $90.29, however, the High Price Target and Low price Target are $100 and $80, respectively. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. They issued a "buy" rating and a $103.00 price objective for the company.

Xiaomi Mi MIX sequel in the works, confirms company CEO
Company CEO Lei Jun took to China's social networking site Weibo to confirm the arrival of the upcoming bezel-less phone. It is mostly flat like a pancake and the display - a 6.4-inch IPS LCD - is curved around the corners of the top.

At the movement The Kraft Heinz Company (NASDAQ:KHC) is under coverage by number of analysts. Capital World Investors now owns 35,434,850 shares of the company's stock valued at $3,135,276,000 after buying an additional 4,805,207 shares during the period. The Market Cap of the company stands at 110.61 Billion.

The Kraft Heinz Company formerly H.J. Heinz Holding Corporation is a food and beverage company.

The Kraft Heinz Company (NASDAQ:KHC) shows its Return on Assets (ROA) value of 2.3 percent, while the Return on Equity (ROE) value is 4.8 percent and Return on Investment (ROI) value stands at 2.7 percent. Full-year sales of $26.49 billion were up about 44% year-over-year, while earnings per share rose to $2.81 from a loss of 34 cents, beating the consensus estimate of 88 cents per share.

South Korea's Biggest Chaebol Awaits Verdict on Lee Arrest Warrant
She became the first president in South Korean history to face a criminal investigation as a primary suspect. A separate constitutional court will determine whether Park is ultimately removed from office.

During the quarter ending December 31, the Pittsburgh- and Chicago-headquartered food giant reported net sales of $6.87 billion, down 3.7% year-over-year, with adjusted quarterly earnings of 91 cents a share up 46.8% year-over-year. Kraft Heinz had a net margin of 10.44% and a return on equity of 6.40%. During the same period in the previous year, the company posted $0.80 earnings per share.

The Kraft Heinz Company (NASDAQ:KHC) last released its quarterly earnings data on Wednesday, February 15th.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 17th. Stockholders of record on Friday, March 3rd will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.75%. The Kraft Heinz Company's dividend payout ratio is 105.26%. If you are reading this article on another site, it was illegally stolen and reposted in violation of worldwide trademark and copyright laws. The correct version of this news story can be accessed at Cornerstone Advisors Inc. boosted its stake in shares of The Kraft Heinz Company by 129.0% in the third quarter. Bollard Group LLC now owns 1,126 shares of the company's stock valued at $101,000 after buying an additional 1,003 shares during the period. Gratus Capital LLC increased its position in shares of The Kraft Heinz Company by 0.3% in the fourth quarter. Vanguard Group Inc. raised its stake in Kraft Heinz by 3.8% in the second quarter. Armbruster Capital Management Inc. now owns 1,628 shares of the company's stock worth $146,000 after buying an additional 19 shares in the last quarter. CWM LLC now owns 1,367 shares of the company's stock valued at $122,000 after buying an additional 246 shares during the period. Enterprise Financial Services Corp boosted its stake in shares of The Kraft Heinz Company by 8.5% in the second quarter. Kraft Heinz has also always been speculated to be on the lookout for acquisitions. 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. Apart From these factors, gains from cost savings programs and favorable pricing in the United States were partially offset by raised business investments, mainly in the Europe and Rest of World segments.

Ibobi, Sharmila file nomination papers
There are 10 seats in the constituencies dominated by the Nagas. "I am fighting the Chief Minister". Manipur will vote on March 4 and 8 to elect 60 members of the state assembly.