Kraft Heinz's revenue for the quarter was up 3.3% on a year-over-year basis. The reason was the fashion for a healthy lifestyle. Kraft Heinz has a consensus rating of "Hold" and a consensus target price of $32.79.The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally.
Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Research analysts expect Kraft Heinz to earn $2.43 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 65.8%. All rights reserved. During the same period in the previous year, the firm earned $0.66 earnings per share. Kraft Heinz has a dividend payout ratio of 68.4% meaning its dividend is sufficiently covered by earnings. After years of underperformance marked by a dividend cut, Kraft Heinz stock is on the move again. He figured the company, which sells a number of iconic food brands, would be a great long-term investment. IN now owns 1,246 shares of the company’s stock worth $31,000 after buying an additional 346 shares in the last quarter. To learn more, visit Companies Should Grab Cash Now Because a Grim Winter is Coming'Impossible': School boards are at heart of reopening debateIs Saturn Metals (ASX:STN) In A Good Position To Deliver On Growth Plans?Do Insiders Own Lots Of Shares In Splitit Payments Ltd (ASX:SPT)?Read This Before Selling Stockland (ASX:SGP) SharesChina’s Days as World’s Factory Are Over, IPhone Maker SaysTesla shareholder on stock split announcement: 'This has been a long time in the making'Here's where VP pick Kamala Harris stands on Big Tech, taxes, marijuanaFannie, Freddie Will Impose New Fee on Most Mortgage RefinancesA mass exodus from American cities? Learn about financial terms, types of investments, trading strategies and more.MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. IN increased its holdings in Kraft Heinz by 38.4% in the 1st quarter.