Shares of Consumer Staples sector company Kraft Heinz moved 2.3% today, and are now trading at a price of $31.81. The Large-Cap stock's daily volume was 12,392,030 compared to its average volume of 7,954,026. 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 North America and internationally. The company is based in Pittsburgh and has 36,000 full time employees. Its market capitalization is $38,463,696,896. Kraft Heinz currently offers its equity investors a dividend that yields 5.1% per year.
20 analysts are following Kraft Heinz and have set target prices ranging from $32.0 to $56.9 per share. On average, they have given the company a rating of buy. At today's prices, KHC is trading -17.26% away from its average analyst target price of $38.45 per share.
Over the last year, KHC shares have gone down by -8.8%, which represents a difference of -40.0% when compared to the S&P 500. The stock's 52 week high is $38.96 per share and its 52 week low is $30.4. With average free cash flows of $2.97 Billion that have been growing at an average rate of 5.5% over the last 5 years, Kraft Heinz declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 3,976,000 | 1,013,000 | 2,963,000 | 90.79 |
| 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 |
