Kraft Heinz moved -0.6% this afternoon session, trading between a high of $33.7826 and a low of $33.225 per share. Yesterday the stock finished at $33.51 per share, compared to an average analyst target price of $36.45.
The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. The large-cap packaged foods company is based in the United States, and over the last twelve months it has returned a dividend yield of 4.8%. Kraft Heinz has trailing twelve months earnings per share (EPS) of 2.42, which at today's prices amounts to a price to earnings (P/E) ratio of 13.8.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.35. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) |
|---|---|---|---|
| 2023 | 27,096,000 | 18,515,000 | 32 |
| 2022 | 26,485,000 | 18,363,000 | 31 |
| 2021 | 26,042,000 | 17,360,000 | 33 |
| 2020 | 26,185,000 | 17,008,000 | 35 |
| 2019 | 24,977,000 | 16,830,000 | 33 |
| 2018 | 26,268,000 | 17,347,000 | 34 |
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