Summary:
- Kraft Heinz (KHC, Financial) meets revenue expectations with quarterly earnings, reporting $6 billion in revenue and an EPS of $0.59.
- Analysts forecast a 17% increase in EPS by 2025, though there were slight downgrades, reflecting caution.
- The stock's average price target suggests a potential upside of 7.89%, with a "Hold" recommendation from analysts.
Q3 Earnings Overview
Kraft Heinz (KHC) recently announced its quarterly financial results, delivering solid performance by meeting revenue projections at $6 billion and reporting an earnings per share (EPS) of $0.59. Analysts anticipate a potential uptick in the company’s earnings trajectory, with projected 2025 revenues of $25.1 billion and an EPS increase of 17% to $2.63. Despite this optimism, there have been slight downgrades in EPS estimates, suggesting a degree of caution among market observers.
Wall Street Analysts' Outlook
According to the one-year price targets provided by 21 financial analysts, The Kraft Heinz Co (KHC, Financial) holds an average target price of $30.90, with the highest estimate reaching $56.91 and the lowest at $26.00. This average price target signifies a potential upside of 7.89% from the current trading price of $28.64. For a deeper dive into these forecasts, please visit the The Kraft Heinz Co (KHC) Forecast page.
Analyst Recommendations
The current sentiment from 24 brokerage firms categorizes The Kraft Heinz Co (KHC, Financial) with an average brokerage recommendation of 3.0. This rating translates to a "Hold" status, using a scale where 1 is a Strong Buy and 5 indicates a Sell. This suggests that while there is potential for growth, analysts recommend caution at present.
Valuation Insights
GuruFocus’s estimated GF Value for The Kraft Heinz Co (KHC, Financial) in one year stands at $34.92. This figure suggests an encouraging upside potential of 21.93% from the current market price of $28.64. The GF Value represents GuruFocus' calculated fair value of the stock, derived from historical multiples, past business growth, and future business performance estimates. To explore more detailed insights, visit the The Kraft Heinz Co (KHC) Summary page.
