News coverage about Kraft Heinz (NASDAQ:KHC) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kraft Heinz earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.8520949280784 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
Kraft Heinz (NASDAQ:KHC) opened at $77.19 on Friday. The firm has a market cap of $95,735.03, a P/E ratio of 24.05, a price-to-earnings-growth ratio of 2.11 and a beta of 0.43. Kraft Heinz has a 52-week low of $75.21 and a 52-week high of $97.77. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43.
Kraft Heinz (NASDAQ:KHC) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $0.83 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.83. The firm had revenue of $6.31 billion for the quarter, compared to the consensus estimate of $6.33 billion. Kraft Heinz had a net margin of 15.03% and a return on equity of 7.49%. The company’s revenue was up .7% on a year-over-year basis. During the same period last year, the firm earned $0.83 EPS. sell-side analysts predict that Kraft Heinz will post 3.61 EPS for the current fiscal year.
Several research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Monday, December 18th. BidaskClub upgraded shares of Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Jefferies Group assumed coverage on shares of Kraft Heinz in a research report on Friday, January 19th. They set a “buy” rating and a $95.00 price target for the company. Piper Jaffray Companies restated an “overweight” rating and set a $94.00 price target (up from $90.00) on shares of Kraft Heinz in a research report on Tuesday. Finally, Morgan Stanley lowered their price objective on shares of Kraft Heinz from $95.00 to $92.00 and set an “overweight” rating for the company in a research note on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $92.90.
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Kraft Heinz Company Profile
The Kraft Heinz Company is a food and beverage company. 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 Company’s segments include the United States, Canada and Europe.
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