The Kraft Heinz Company Common Stock | KHC

Daily Technical Analysis of The Kraft Heinz Company Common Stock

Not too much action today, The Kraft Heinz Company drifted down slightly. We'll see where it goes next.

It looks like The Kraft Heinz Company isn't currently at a very decisive point in regards to support/resistance levels. The Kraft Heinz Company hasn't been looking too hot recently, some shareholders have been dumping shares over the last few months which has been driving prices down. In the past 3 months, the Consumer Packaged Goods company has lost -2.46 of it's value. So it's not looking great, I'd probably wait for a clearer support level before coming in. KHC might find some support at the 38.89 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for The Kraft Heinz Company By Price Target And Rating

Overall, the analysts have a more negative view on The Kraft Heinz Company but it's not a very strong negative. The current Analysts Sentiment Score is -10.07. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Mizuho dropped their 1 year price target to 50.0047.00 on 2023-07-31. On 2023-07-20 Barclays decreased their price target to 40.0038.00. Piper Sandler dropped their 1 year price target to 43.0041.00 on 2023-06-26. Morgan Stanley dropped their 1 year price target to 44.0039.00 on 2023-06-14. Bank of America gave a boost to their price target and increased it to 48.0050.00 on 2023-05-04. On 2023-05-04 Stifel Nicolaus increased their price target to 44.0046.00. On 2023-05-03 The Goldman Sachs Group increased their price target to 45.0048.00. Deutsche Bank Aktiengesel dropped their 1 year price target to 46.0045.00 on 2023-04-18. On 2023-02-16 UBS Group increased their price target to 37.0040.00. Credit Suisse Group reiterated a rating of Underperform on 2023-02-16 and provided a price target of $36.0038.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for The Kraft Heinz Company

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for The Kraft Heinz Company

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.