Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Kraft Heinz Co before investing.

In this article, we go over a few key elements for understanding Kraft Heinz Co’s stock price such as:

• Kraft Heinz Co’s current stock price and volume
• Why Kraft Heinz Co’s stock price changed recently
• Upgrades and downgrades for KHC from analysts
• KHC’s stock price momentum as measured by its relative strength

About Kraft Heinz Co (KHC)

Before we jump into Kraft Heinz Co’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

The Kraft Heinz Company (KHC) is a global food and beverage company. KHC manufactures and markets food and beverage products, including dairy products, meat products, soybean and vegetable oils, tomatoes, coffee beans, sugar and other sweeteners, other fruits and vegetables, corn products, wheat products and potatoes. The Company's geographic segments include North America and International. Its North America segment offers various brands, which include Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Capri Sun, Maxwell House, Ore-Ida, Kool-Aid and Jell-O. Its International segment offers various brands, such as International Heinz, ABC, Master, Kraft, Quero, Golden Circle, Wattie?s, Plasmon and Pudliszki. Its products are sold through its own sales organizations and through independent brokers, agents, and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies and institutions.

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Kraft Heinz Co’s Stock Price as of Market Close

As of February 14, 2024, 4:00 PM, CST, Kraft Heinz Co’s stock price was $34.16.

Kraft Heinz Co is down 5.45% from its previous closing price of $36.13.

During the last market session, Kraft Heinz Co’s stock traded between $35.82 and $36.62. Currently, there are 1,229.00 million shares of Kraft Heinz Co stock available for purchase.

Kraft Heinz Co’s price-earnings (P/E) ratio is currently at 14.9, which is low compared to the Food Processing industry median of 19.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Kraft Heinz Co Stock Price History

Kraft Heinz Co’s (KHC) price is currently down 8% so far this month.

During the month of February, Kraft Heinz Co’s stock price has reached a high of $37.91 and a low of $33.67.

Over the last year, Kraft Heinz Co has hit prices as high as $41.47 and as low as $30.68. Year to date, Kraft Heinz Co’s stock is down 16.09%.

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What Caused Kraft Heinz Co Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 13, 2024, there were 4 analysts who downgraded Kraft Heinz Co’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Kraft Heinz Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Kraft Heinz Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Kraft Heinz Co’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Kraft Heinz Co (KHC) by visiting AAII Stock Evaluator.

Relative Price Strength of Kraft Heinz Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 13, 2024, Kraft Heinz Co has a weighted four-quarter relative price strength of -5.88%, which translates to a Momentum Score of 48 and is considered to be Average.

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Kraft Heinz Co Stock Price: Bottom Line

As of February 14, 2024, Kraft Heinz Co’s stock price is $34.16, which is down 5.45% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Kraft Heinz Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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