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Kraft Heinz (KHC) Gains As Market Dips: What You Should Know
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In the latest close session, Kraft Heinz (KHC - Free Report) was up +1.83% at $23.71. This move outpaced the S&P 500's daily loss of 1.09%. Meanwhile, the Dow experienced a drop of 0.34%, and the technology-dominated Nasdaq saw a decrease of 2.15%.
The stock of processed food company with dual headquarters in Pittsburgh and Chicago has fallen by 5.86% in the past month, lagging the Consumer Staples sector's gain of 1.5% and the S&P 500's gain of 2.44%.
The investment community will be closely monitoring the performance of Kraft Heinz in its forthcoming earnings report. The company is scheduled to release its earnings on November 4, 2026. The company's upcoming EPS is projected at $0.43, signifying a 29.51% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $6.04 billion, showing a 3.08% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.05 per share and revenue of $24.52 billion, which would represent changes of -21.15% and -1.7%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Kraft Heinz. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.38% lower. Right now, Kraft Heinz possesses a Zacks Rank of #4 (Sell).
Investors should also note Kraft Heinz's current valuation metrics, including its Forward P/E ratio of 11.36. This expresses a discount compared to the average Forward P/E of 14.93 of its industry.
Also, we should mention that KHC has a PEG ratio of 2.84. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Food - Miscellaneous industry currently had an average PEG ratio of 2.31 as of yesterday's close.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 192, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Kraft Heinz (KHC) Gains As Market Dips: What You Should Know
In the latest close session, Kraft Heinz (KHC - Free Report) was up +1.83% at $23.71. This move outpaced the S&P 500's daily loss of 1.09%. Meanwhile, the Dow experienced a drop of 0.34%, and the technology-dominated Nasdaq saw a decrease of 2.15%.
The stock of processed food company with dual headquarters in Pittsburgh and Chicago has fallen by 5.86% in the past month, lagging the Consumer Staples sector's gain of 1.5% and the S&P 500's gain of 2.44%.
The investment community will be closely monitoring the performance of Kraft Heinz in its forthcoming earnings report. The company is scheduled to release its earnings on November 4, 2026. The company's upcoming EPS is projected at $0.43, signifying a 29.51% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $6.04 billion, showing a 3.08% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.05 per share and revenue of $24.52 billion, which would represent changes of -21.15% and -1.7%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Kraft Heinz. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.38% lower. Right now, Kraft Heinz possesses a Zacks Rank of #4 (Sell).
Investors should also note Kraft Heinz's current valuation metrics, including its Forward P/E ratio of 11.36. This expresses a discount compared to the average Forward P/E of 14.93 of its industry.
Also, we should mention that KHC has a PEG ratio of 2.84. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Food - Miscellaneous industry currently had an average PEG ratio of 2.31 as of yesterday's close.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 192, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.