KHC - The Kraft Heinz Company
| Previous Close | 32.89 |
| Open | 33.02 |
| Bid | 32.90 x 900 |
| Ask | 33.00 x 4000 |
| Day's Range | 32.85 - 33.08 |
| 52 Week Range | 31.53 - 64.99 |
| Volume | 5,719,456 |
| Avg. Volume | 12,282,666 |
| Market Cap | 40.192B |
| Beta (3Y Monthly) | 0.81 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -8.39 |
| Earnings Date | Apr 30, 2019 - May 6, 2019 |
| Forward Dividend & Yield | 1.60 (4.82%) |
| Ex-Dividend Date | 2019-03-07 |
| 1y Target Est | 36.13 |
- TheStreet.com•13 hours ago
Kraft Heinz, PepsiCo, Marvell Technology: 'Mad Money' Lightning Round
Jim Cramer takes a closer look at Kraft Heinz, PepsiCo, Marvell Technology, General Mills, Funko, Signet Jewelers, Abiomed and more.
- CNBC•13 hours ago
Cramer's lightning round: This stock needs to find out its calling
It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.Signet Jewelers Ltd. SIG : "I think Signet's really gotta find its calling.
- Zacks•15 hours ago
Kraft Heinz (KHC) Outpaces Stock Market Gains: What You Should Know
Kraft Heinz (KHC) closed the most recent trading day at $32.96, moving +0.21% from the previous trading session.
- ACCESSWIRE•16 hours ago
SHAREHOLDER ALERT: KHC CVS WTW: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
NEW YORK, NY / ACCESSWIRE / April 18, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you ...
- ACCESSWIRE•18 hours ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Kraft Heinz Company - KHC
NEW YORK, NY / ACCESSWIRE / April 18, 2019 / Pomerantz LLP is investigating claims on behalf of investors of The Kraft Heinz Company (''Kraft Heinz'' or the ''Company'') (NASDAQ: KHC). Such investors are ...
- ACCESSWIRE•19 hours ago
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of KHC, CVS and WTW
NEW YORK, NY / ACCESSWIRE / April 18, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...
- GlobeNewswire•19 hours ago
SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS CAG, WTW, CTL, KHC INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
NEW ORLEANS, April 18, 2019 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.
- InvestorPlace•21 hours ago
Now Is the Right Time to Buy Kraft Heinz Stock
Kraft Heinz (NYSE:KHC) CEO Bernardo Hees, who gained notoriety on Wall Street as a cost-cutter, will now have to figure out how to invest money into the beleaguered packaged food company if its long-suffering shareholders ever hope to get any relief.Source: Mike Mozart via FlickrUnfortunately, Hees won't be able to just write a check to make KHC's problems go away. Like other packaged food companies, KHC has been hurt by the rising consumer demand for "fresh and healthy" ingredients at the expense of processed food. New York-based KHC made matters worse by making unrealistic forecasts for the savings of its 2015 merger, which loaded its balance sheet with more than $31 billion in debt. Plunging Share PriceKHC stock has plunged more than 64% since Unilever (NYSE:UL) rejected the company's unsolicited $143 billion offer. The stock was further bloodied by its recent announcement of disappointing earnings, a $15 billion write-down, a dividend cut and an SEC investigation into its accounting practices. S&P recently announced that it was reviewing KHC's debt for a possible downgrade after the company missed the deadline to file its annual report (form 10-K) with the Securities & Exchange Commission. InvestorPlace - Stock Market News, Stock Advice & Trading TipsDuring the company's earnings conference call, Hees tried to reassure investors that he was willing to deploy capital where it's needed. Hees is also is a partner with 3G Capital, the Brazilian private equity that owned Heinz and arranged with Warren Buffett for the merger with Kraft. * 6 Cheap Stocks That Cost Less Than $10 "In a nutshell, we plan to go to market in 2019 with a stronger innovation pipeline than we ever had, backed by more marketing dollars while leveraging advantaged category managed and go-to-market initiatives to win assortment and improve distribution across all channels, including e-commerce," He said. "And we plan to do this while we maintain industry-leading margins."Easier said than done since KHC clearly fired too many workers and damaged its brands, damage which won't be easy or cheap to fix.The company is trying to clean up the mess Hees helped create. According to media reports, Kraft Heinz is reviewing strategic options for its Maxwell House Coffee business including a possible sale and may dispose of other well-known brands such as Breakstone's Cottage Cheese and sour cream. Selling off poorly performing businesses is a step in the right direction though it isn't a substitute for a business strategy. The Oracle of OmahaIndeed, the growth through acquisitions approach isn't the answer for KHC. According to CNBC, the company passed on bidding for Pinnacle Foods and failed to make a compelling offer for Campbell Soup when it was being shopped around last year. KHC stock deserves to be in Wall Street's penalty box but it's not going to be in their forever. The company has a major fan in Buffett, who recently described the company as a "fabulous" business though he admitted that Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) "overpaid" for Kraft. He has no plans to liquidate his position.For investors with a large tolerance for risk, KHC is worth testing Buffett's maxim to "be fearful when others are greedy and to be greedy only when others are fearful." However, there are better places for investors to put their money in the consumer sector, including Campbell, Chuch & Dwight (NYSE:CHL) and Clorox (NYSE:CLX).As of this writing, Jonathan Berr did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Now Is the Right Time to Buy Kraft Heinz Stock appeared first on InvestorPlace.
- GlobeNewswire•22 hours ago
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of KHC, ZGNX, BA and MWA
NEW YORK, April 18, 2019 -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.
- Barrons.com•yesterday
‘Goodwill’ Write-Offs Are an Earnings Killer. How to Spot Trouble Coming.
Companies write off “goodwill” when the value of acquired assets declines. It happened at Kraft Heinz and GE. Keep an eye on Bayer and Cigna next.
Reuters•yesterdayUnilever posts solid start to 2019 with strong emerging market sales
Consumer goods group Unilever is on track to meet its performance goals this year after strong sales in emerging markets led to a better-than-expected start to 2019. The maker of Dove soap and Ben & Jerry's ice cream said on Thursday it still expects underlying sales growth in the lower half of a 3 to 5 percent range this year. Emerging markets, where Unilever generates 58 percent of its sales, grew 5 percent in the quarter, offsetting a mere 0.3 percent gain in developed markets, which were hurt by economic uncertainty and intense price competition in Europe, particularly in Germany and France.
- GlobeNewswire•yesterday
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Health Insurance, Kraft Heinz, Diplomat, and Stamps.com and Encourages Investors to Contact the Firm
NEW YORK, April 18, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Health Insurance.
- Business Wire•2 days ago
New Kool-Aid Sour Jammers Put a Sour Twist on Fun
Bored of sweet? Say OH YEAH! to New, Kool-Aid Sour Jammers
- Market Realist•2 days ago
US and Chinese Economies Are on Different Trajectories
China’s Slowdown Concerns Decline amid Strong Data(Continued from Prior Part)Chinese economy On April 17, China (FXI) released several economic data points. The country’s first-quarter GDP growth of 6.4% surprised on the upside. Other indicators
- ACCESSWIRE•4 days ago
CLASS ACTION UPDATE for KHC, CAG and WTW: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / April 15, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...
- GlobeNewswire•4 days ago
SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS CAG, WTW, KHC, BPI INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
NEW ORLEANS, April 15, 2019 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.
- ACCESSWIRE•5 days ago
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of KHC, CAG and AMRN
NEW YORK, NY / ACCESSWIRE / April 14, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...
- GlobeNewswire•6 days ago
SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS CAG, KHC, CTL, BPI INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
NEW ORLEANS, April 12, 2019 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.
- InvestorPlace•7 days ago
The Berkshire Hathaway Stock Picking Approach May Be Too Out of Touch
Congratulations to investors in Berkshire Hathaway (NYSE:BRK.B, NYSE:BRK.A). Since the late-December bottom, BRK.A and its far-more-affordable counterpart BRK.B stock are up nearly 9%.Those who've been holding either Berkshire Hathaway stock for more than a few months, of course, will know that even with the big bounceback from the December low, Berkshire has been an underperformer. The S&P 500 index, for perspective, is up 23% from its late-December low. Indeed, both BRK stock classes have lagged the broader market more often than not over the past decade, and have underperformed for the past 12 months by about half..There are two schools of thought on the matter. One of them has it that the relative weakness is a temporary matter, and given enough, the "the Buffett way" will win out. The other holds that unless Warren Buffett is executing it himself, "the Buffett way" may not be what it used to be.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Too Many Ill-Advised PicksTo quantify the qualitative, the index and the stock pretty much pace each other coming out of the financial crisis. The S&P 500 is up 324% since the March-2009 bottom, while BRK.B stock is up 343% for the 10-year stretch. Yet a closer look shows Berkshire has been behind since January 2018, when a seemingly uninterruptable rally was abruptly uninterrupted. Click to EnlargeThe broad market's lead has been widening over the past three months. * 10 Dow Jones Stocks Holding the Blue Chip Index Back It's not difficult to figure out why Berkshire Hathaway has been a relative disappointment. As of the end of the first quarter of 2017, coming off the shocking upset-election, Berkshire's two biggest holdings were Kraft Heinz (NASDAQ:KHC) and Wells Fargo (NYSE:WFC), both of which have notably underperformed since then. Not even the market-beating gains from the fund's third-biggest position at the time, Apple (NASDAQ:AAPL), have performed well enough to offset weakness seen in many of Buffett's other holdings. Apple is now the fund's biggest holding, but Wells Fargo and Kraft Heinz are still key pieces of the portfolio, with Berkshire's top stock-pickers unwilling to cut bait.Coca-Cola (NYSE:KO), the fund's fourth-biggest position right now and a long-term holding, has also trailed the S&P 500 for years.Those results prompt questions, chiefly about the effectiveness of Buffett's buy-and-hold-forever, value-minded stock-picking regimen. Does it still work? For that matter, are Buffett and his acolytes -- Todd Combs and Ted Weschler -- actually following Buffett's well-established rules? Several months isn't forever, but it's certainly not a short period of time either.Food for thought: Maybe it's something else altogether. The Game Has ChangedBuffett's rules are not only well-established, but easy enough to follow. Buy what you know. Be greedy when others are fearful, and fearful when others are greedy. Take outsized positions in the right opportunities.The approach certainly made sense when the Oracle of Omaha was espousing it. BRK.A and BRK.B stock have the long-term results to prove it.Since early 2009, though, Berkshire and the S&P 500 two are essentially tied in term of performance for the 10-year stretch, Berkshire has actually trailed the broad market more often than not. That is a long time.What gives?It's a reality investors with some gray hair will fully appreciate, but the market environment has changed dramatically over the course of the past 20 years. More specifically, the way investors and traders see and approach the game shifted.The starkest among those shifts? Two decades ago, value and earnings prospects meant everything. Now, the 'story' is the key, as investors are essentially placing bets on how other investors will price the progress of a story at some point in time in the future.The ideas are nothing new; there's always been a pinch of story-driven thinking in the market's ether. That mindset supplanting profits as permanently as it has as a yardstick, however, is a relatively new phenomenon.And there's nothing in Buffett playbook for that kind of environment.One only has to look at Wells Fargo's recent history to recognize it. Despite its account opening scandal, revenue growth never stopped, and operating income -- all things considered -- held up reasonably well and is back on the mend. Yet, WFC stock is falling back toward new multi-year lows.Kraft Heinz is another case where 'buying what you know' hasn't helped Buffett. He clearly knows and likes the simplicity of the food business, and the Velveeta maker certainly qualifies as one of the 'wonderful companies' Buffett recommends sticking with -- it's one of the most recognizable brand names in the world, and it's still turning a nice operating profit. * 8 Risky Stocks to Watch as Earnings Season Kicks Off KHC stock is down more than 60% from its mid-2017 high, however.See, there's nothing in the Buffett rule book that explains how to handle a cultural shift that favors smaller niche brands, combats persistently high delivery costs, deals with distributors that also become competitors, and offsets the impact of multiple trade wars. Most investors can't handle such a setback.Perhaps, for the worst, 'the market' has become far too complex for Buffett's simple rules. There's more psychology and sociology in play than fundamentals. Bottom Line for BRK.B StockIt's only a thought exercise, to be clear, but still a good one.Many traders remain bullish on BRK.B stock believing it will be able to achieve its pre-2009 returns with or without Buffett at the helm, but that may or may not be the case. At 88, Buffett may be unwilling or unable to update his approach to adapt to a market that's treated more like a casino table than a means of plugging into profit potential.That's not to say his strategies and insights no longer have any value. It is to suggest, however, there may be a reason his approach has been decidedly ineffective for a decade now.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * FAANNG Stocks, Ranked From Cheapest to Most Expensive * 7 Stocks With a Lot on the Line This Earnings Season * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Compare Brokers The post The Berkshire Hathaway Stock Picking Approach May Be Too Out of Touch appeared first on InvestorPlace.
- ACCESSWIRE•8 days ago
SHAREHOLDER ALERT: KHC SYNH ARA: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
NEW YORK, NY / ACCESSWIRE / April 11, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you ...
- GlobeNewswire•8 days ago
SHAREHOLDER ALERT: KHC CVS CTL BPI: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
NEW YORK, April 11, 2019 -- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.
- GlobeNewswire•8 days ago
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Health Insurance, Conagra, Kraft Heinz, and Diplomat and Encourages Investors to Contact the Firm
NEW YORK, April 11, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Health Insurance.
- GlobeNewswire•8 days ago
SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS DPLO, MHLD, KHC, BPI INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
NEW ORLEANS, April 10, 2019 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.
