The Case for and Against The Kraft Heinz Company (KHC)

The Kraft Heinz Company (KHC) is an interesting player in the Consumer Goods space, with a focus on Food – Major Diversified. The stock has been active on the tape, currently trading at $77.13, down from yesterday’s close by -0.98%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

The Kraft Heinz Company (KHC) currently trades with a market capitalization of $94.05 Billion. That value represents a market adjusting for revenues that have been growing by 0.75 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.02 Billion over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0 on a per share basis this quarter. Perhaps, that suggests something about why 0.16% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how KHC has been acting. Looking at the stock’s movement on the chart, The Kraft Heinz Company recorded a 52-week high of $97.77. It is now trading 20.64% off that level. The stock is trading $78.90 its 50-day moving average by 1.77%. The stock carved out a 52-week low down at $75.21.

In recent action, The Kraft Heinz Company (KHC) has made a move of -2.31% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 21.04, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.97% with $601.00 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of KHC.

Previous articleDrilling Down Into CBS Corporation (CBS)
Next articleJust the Facts on NovoCure Limited (NVCR)