|Bid||0.00 x 2200|
|Ask||0.00 x 900|
|Day's range||55.53 - 56.86|
|52-week range||53.03 - 82.48|
|Beta (3Y monthly)||0.62|
|PE ratio (TTM)||6.49|
|Earnings date||1 Nov 2018|
|Forward dividend & yield||2.50 (4.45%)|
|1y target est||66.45|
Zydus, which is a unit of Indian drugmaker Cadila Healthcare Ltd., could announce a deal as soon as this week, according to the people, who asked not to be identified because the information is private. Ahmedabad-based Zydus is in talks to raise private equity funding to cover about half of the purchase price, according to the person. Tata Group, India’s biggest conglomerate, and consumer-goods manufacturer Dabur India Ltd. were also among suitors for the Kraft Heinz businesses, Bloomberg News has reported.
Mondelēz (MDLZ) is expected to announce its third-quarter earnings results on October 29, but analysts’ estimates aren’t likely to appeal to investors. Analysts expect Mondelēz’s top line to fall in the third quarter, while they expect its EPS growth rate to slow after it reported robust growth in the first half of 2018. Analysts expect Mondelēz’s top line to benefit from the continued strength in its power brands, including Oreo, Milka Chocolate, and Cadbury Dairy Milk.
Payment Processor StoneCo IPO Values Company at up to $6.2 Billion By John Jannarone Warren Buffett and Wal-Mart heir Rob Walton are buying tickets to Brazil. Should investors join them for the ride? Brazilian digital-payments company StoneCo (ticker: STNE) plans to sell up to $1.1 billion in an offering of new and existing shares, valuing […]
Hershey (HSY) impressed with its second-quarter financial performance. Analysts expect the company to sustain this growth momentum in the third quarter, driven by its acquisitions and a lower effective tax rate.
Hershey (HSY) is expected to announce its third-quarter results on October 25. Analysts expect Hershey to sustain its momentum and report healthy sales and earnings growth. However, its underlying sales and margins could remain weak.
I am going to run you through how I calculated the intrinsic value of The Kraft Heinz Company (NASDAQ:KHC) by taking the foreast future cash flows of the company and Read More...
McDonald’s is selling the Big Mac’s soft, orange square of American cheese with a version that doesn’t contain artificial preservatives. Cracker Barrel ditched its old-fashioned grilled cheese. American cheese is “an ingredient we’re looking to less and less in our pantry,” said Sara Burnett, the chain’s director of wellness and food policy.
Most of the Wall Street analysts covering Conagra Brands (CAG) stock are optimistic about the company’s prospects. Among the 12 analysts proving recommendations on Conagra stock, 11 analysts suggest a “buy,” while one analyst has a “hold” rating. Analysts have a consensus target price of $42.08 per share on Conagra stock, which implies an upside potential of 21.4% based on its closing price of $34.65 on October 8.
Wall Street analysts have long favored Kraft Heinz (KHC) stock and maintain a positive outlook on its prospects. Analysts’ optimism is based on the observation that the industry’s consolidation is expected to benefit Kraft Heinz stock. The company expects to acquire a fast-growing brand that could accelerate its sales and earnings growth rate. Kraft Heinz stock has already declined 28.5% on a year-to-date basis, and the downside looks limited at this price.
The packaged-food giant has committed $100 million to start a new firm called Evolv Ventures, which will invest in food technology companies. To lead the Chicago-based fund, Kraft hired Bill Pescatello, a founding member of Peacock Equity, an investment group put together by NBCUniversal and GE Capital.
Kraft Heinz's (KHC) U.S. sales have been declining for more than a year now, with lower cheese shipments being a concern in many quarters.
Conagra Brands (CAG) reported lower-than-expected earnings in the first quarter of fiscal 2019. Its adjusted EPS of $0.47 rose 2.2% YoY (year-over-year) but fell short of analysts’ consensus estimate of $0.49. Soft volumes, weak margins, and a tough YoY comparison adversely impacted the company’s earnings growth rate. However, lower taxes and a fall in its outstanding share count supported its bottom line.
Kraft Heinz sported a narrow moat until August 2018, and would not have been in the Wide Moat Focus Index to begin with. The Morningstar Wide Moat Focus Index, for instance, has outperformed the broad market by 3.65% annually through July 2018 since its inception in February 14, 2007. The idea of “buying good companies at a good price” is easy to understand in concept, and with funds following Morningstar’s moat index methodology, putting it into practice can be easier than managing it yourself.
Conagra Brands (CAG) disappointed with its results for the first quarter of fiscal 2019, which it released on September 27. Conagra Brands’ profit margins also remained weak and contracted on both a YoY (year-over-year) and a sequential basis. Conagra Brands expects its organic sales to stay flat or mark a slight fall YoY in the second quarter of fiscal 2019.
NEW YORK, Sept. 27, 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 ...
McCormick (MKC) reported mixed third-quarter results on September 27 for the period ending on August 31. The company’s sales and earnings continued to grow at an exceptional rate due to incremental sales from its Frank’s and French’s acquisitions. Strength in the company’s base business, new products, and expanded distribution also supported the top-line growth rate.
Kraft Heinz's (KHC) Canadian arm acquires Ethical Bean Coffee. This reflects Kraft Heinz's efforts to keep up with consumers' rising preference for healthy options.
Conagra Brands (CAG) is slated to announce its first quarter of fiscal 2019 results on Thursday, September 27. Analysts expect it to sustain its sales and earnings growth momentum, but they expect the growth rate to decelerate, which could be a concern.
McCormick (MKC) is expected to announce its third-quarter results on September 27. Analysts expect the company to sustain its double-digit sales and EPS growth rate in the third quarter. McCormick’s top line will likely benefit from its recent acquisitions. Meanwhile, continued strength in the company’s underlying business, new products, higher net price realization, and expanded distribution should support its sales growth rate.
Morgan Stanley has assumed coverage on the Kraft Heinz Company (KHC) stock with an “underweight” rating and a target price of $52 per share. Analyst Dara Mohsenian of Morgan Stanley stated that the company is likely to underperform its peers with its sales and margin growth rates. Kraft Heinz’s high debt also poses challenges.
The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. Kraft Heinz’s insiders have divested from more than 20.63 million sharesRead More...
Analysts maintained a neutral outlook on General Mills (GIS) stock before its earnings for the fiscal first quarter of 2019. Incremental sales from the Blue Buffalo acquisition, higher net price realization, cost and productivity savings, and lower taxes are expected to drive the company’s financials.
General Mills (GIS) is expected to announce its results for the fiscal first quarter of 2019 on Tuesday, September 18. Analysts expect the company’s top line to gain significantly from its recent acquisition of Blue Buffalo. However, continued weakness in its underlying business remains a concern. Analysts expect General Mills’ organic sales growth to remain low as benefits from higher pricing are expected to be offset by soft volumes.