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Kraft Heinz (KHC) Declines More Than Market: Some Information for Investors

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Kraft Heinz (KHC - Free Report) closed the most recent trading day at $24.80, moving -1.16% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.52% for the day. Meanwhile, the Dow experienced a drop of 1.24%, and the technology-dominated Nasdaq saw a decrease of 0.21%.

The processed food company with dual headquarters in Pittsburgh and Chicago's shares have seen an increase of 5.16% over the last month, not keeping up with the Consumer Staples sector's gain of 6.6% and outstripping the S&P 500's loss of 1.21%.

Investors will be eagerly watching for the performance of Kraft Heinz in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2026. The company is forecasted to report an EPS of $0.43, showcasing a 29.51% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.05 billion, down 2.94% from the year-ago period.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.05 per share and a revenue of $24.53 billion, signifying shifts of -21.15% and -1.64%, respectively, from the last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Kraft Heinz. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.1% lower. Kraft Heinz presently features a Zacks Rank of #4 (Sell).

In terms of valuation, Kraft Heinz is currently trading at a Forward P/E ratio of 12.25. This expresses a discount compared to the average Forward P/E of 15.26 of its industry.

Investors should also note that KHC has a PEG ratio of 3.06 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Food - Miscellaneous industry held an average PEG ratio of 2.45.

The Food - Miscellaneous industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 202, this industry ranks in the bottom 18% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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