Shares of Consumer Staples sector company Kraft Heinz moved 0.2% today, and are now trading at a price of $35.83. The large-cap stock's daily volume was 1,996,405 compared to its average volume of 8,237,493. The S&P 500 index returned a 0.0% performance.
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 company is based in Pittsburgh and has 37,000 full time employees. Its market capitalization is $43,946,930,176. Kraft Heinz currently offers its equity investors a dividend that yields 4.5% per year.
20 analysts are following Kraft Heinz and have set target prices ranging from $29.0 to $43.0 per share. On average, they have given the company a rating of buy. At today's prices, KHC is trading -5.09% away from its average analyst target price of $37.75 per share.
Over the last year, KHC shares have gone down by -11.4%, which represents a difference of -34.3% when compared to the S&P 500. The stock's 52 week high is $42.8 per share and its 52 week low is $30.68. Although Kraft Heinz's average free cash flow over the last 6 years has been $2.9 Billion, they have been decreasing at an average rate of -2.2%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 3,572,000 | 1,063,000 | 2,509,000 | 61.56 |
| 2022 | 2,469,000 | 916,000 | 1,553,000 | -65.17 |
| 2021 | 5,364,000 | 905,000 | 4,459,000 | 2.91 |
| 2020 | 4,929,000 | 596,000 | 4,333,000 | 55.64 |
| 2019 | 3,552,000 | 768,000 | 2,784,000 | 59.27 |
| 2018 | 2,574,000 | 826,000 | 1,748,000 |
