Press coverage about Kraft Heinz (NASDAQ:KHC) has been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kraft Heinz earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.0230750100564 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Kraft Heinz Co (KHC) Raised to Sell This Week (investorplace.com)
- Kraft Heinz is Oversold – Nasdaq (nasdaq.com)
- Kraft Heinz and Fetch Rewards Expand Partnership With New Nation-wide Loyalty Program (prweb.com)
- Kraft Heinz Co (KHC) Shares Bought by Arrowstreet Capital Limited Partnership (americanbankingnews.com)
- Amalgamated Bank Has $5.89 Million Position in Kraft Heinz Co (KHC) (americanbankingnews.com)
Kraft Heinz (NASDAQ KHC) traded down $0.16 during trading hours on Thursday, reaching $66.89. The company had a trading volume of 5,209,561 shares, compared to its average volume of 5,620,000. The firm has a market capitalization of $81,500.00 and a P/E ratio of 20.52. Kraft Heinz has a fifty-two week low of $66.36 and a fifty-two week high of $93.88. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 0.43.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 9th will be paid a $0.625 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $2.50 dividend on an annualized basis and a yield of 3.74%. Kraft Heinz’s dividend payout ratio (DPR) is 76.69%.
A number of analysts have recently issued reports on the company. Zacks Investment Research raised Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Monday, December 18th. BMO Capital Markets dropped their target price on Kraft Heinz from $96.00 to $82.00 and set a “market perform” rating on the stock in a research report on Thursday, November 2nd. Susquehanna Bancshares dropped their target price on Kraft Heinz from $80.00 to $77.00 and set a “neutral” rating on the stock in a research report on Thursday, February 15th. Jefferies Group reaffirmed a “buy” rating and set a $95.00 target price on shares of Kraft Heinz in a research report on Friday, February 16th. Finally, Morgan Stanley set a $88.00 target price on Kraft Heinz and gave the stock a “buy” rating in a research report on Wednesday, February 14th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. Kraft Heinz currently has a consensus rating of “Buy” and an average price target of $86.52.
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Kraft Heinz Company Profile
The Kraft Heinz Company is a food and beverage company. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company’s segments include the United States, Canada and Europe.
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