59.71 -0.02 (-0.03%)
After hours: 7:33PM EDT
|Bid||59.71 x 1900|
|Ask||60.20 x 300|
|Day's range||59.63 - 60.89|
|52-week range||59.48 - 93.88|
|PE ratio (TTM)||6.67|
|Earnings date||2 May 2018|
|Forward dividend & yield||2.50 (4.10%)|
|1y target est||76.45|
Unilever, Nestle SA and other consumer giants are wooing investors with cash rewards as they lose the pricing power that’s historically driven sales growth and predators circle the industry.
Kraft Heinz shares have slid a fifth since the start of the year, and its 10-year bond trades well below par at 92 cents in the dollar. Meanwhile, shares in Anheuser-Busch InBev are down 7 per cent and ...
Hershey (HSY) is expected to announce its 1Q18 results on April 26, 2018. Analysts expect the company’s sales and EPS (earnings per share) to show YoY (year-over-year) improvement. However, persistent challenges could dent the company’s financials.
Kraft Heinz Co., struggling with sliding sales and a falling stock price, is partnering with celebrity chef David Chang to generate some buzz. The ketchup maker will use its expertise in food production and distribution to help Chang take his Momofuku Ssam sauce national for the first time. The condiment, which has been served across the chef’s restaurant group since Momofuku Noodle Bar opened in Manhattan in 2004, will be available on Amazon.com in the original flavor and new spicy and smoky versions.
Whereas most US packaged food manufacturers are struggling to stabilize their margins amid soft sales and manufacturing and logistic cost inflation, McCormick (MKC) has managed to expand its margins at a healthy rate.
McCormick (MKC) has seen double-digit sales and earnings growth over the past couple of quarters, and analysts expect the company’s top and bottom lines to mark double-digit growth in fiscal 2018.
Along with Kraft Heinz (KHC), analyst Robert Moskow of Credit Suisse also downgraded J.M. Smucker (SJM) stock, citing problems in its key businesses. In reference to the Folgers brand, Moskow stated that the brand is losing appeal to its key customers, which is a troubling sign, especially given the fact that the brand accounts for about 25% of the company’s overall profits. Also, the analyst raised concerns over the company’s pet foods and snacks business.
Kraft Heinz (KHC) stock is already down about 21.3% on a YTD basis as of April 16, 2018. Analyst Robert Moskow of Credit Suisse remains skeptical about the prospects of packaged food manufacturers and expects sales and margin headwinds to restrict the upside potential of these companies.
NEW YORK, April 17, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Packaged food has been stale for a while, and it may not be more appetizing anytime soon for major sector players such as Kraft Heinz (KHC), Smucker (SJM), and Campbell Soup (CPB), warns Credit Suisse. Moskow downgraded Kraft Heinz to Underperform and lowered his price target to $55 from $77. The stock has already come down "considerably" this year, but it still has further to fall, as Moskow expects consensus revenue and profit estimates will be revised lower.
Shares of Kraft Heinz Co. fell 0.7% in morning trade Monday, after Credit Suisse swung to bearish from bullish on the processed food and beverage company, citing concerns over the company's ability to ...
Mayochup might not be exactly what investors have been craving from Kraft Heinz Co., but the company is betting it will help whet their appetite for growth.
Not even Berkshire Hathaway has made it through 2018's early volatility unscathed, and with most of the public lacking the patience of Buffett, some followers of the portfolio might consider ditching some of its worst-performing stocks. Let's take a closer look.
Last week, Bank of America Merrill Lynch cut its target price for Kraft Heinz (KHC) to $85 from $100, and UBS cut its target price to $73 from $80. The stock fell 2.8% last week.
PITTSBURGH (AP) — Drue Heinz, the widow of the former head of the H.J. Heinz Co. and a longtime patron of the literary arts has died. She was 103.