- The Kraft Heinz Co (KHC, Financial) is offering a compelling 5.3% dividend yield.
- Analyst projections suggest potential upside despite recent net sales drop.
- Steady free cash flow supports dividends and stock repurchases.
Kraft Heinz Co (KHC) is currently presenting an enticing 5.3% dividend yield, which notably outperforms numerous savings accounts and Treasury bonds. Although the company has experienced a decline in net sales, its stable free cash flow continues to bolster both its dividend distributions and stock buyback programs. Despite these positives, the company faces challenges related to stagnant growth, sparking concerns about possible future dividend reductions.
Wall Street Analysts' Predictions
Wall Street analysts, as part of their one-year price target forecasts, have set an average target price for The Kraft Heinz Co (KHC, Financial) at $31.71. Predictions span from a high estimate of $56.91 to a low of $26.00, with the average suggesting a potential upside of 6.84% based on KHC's current price of $29.68. For more detailed estimate data, refer to the The Kraft Heinz Co (KHC) Forecast page.
Among 24 brokerage firms, Kraft Heinz is currently rated with an average recommendation of 2.9, translating to a "Hold" status. The rating scale used here ranges from 1 to 5, where 1 indicates a Strong Buy, and 5 suggests a Sell.
GuruFocus estimates that the GF Value for KHC in one year is $34.48, indicating a potential upside of 16.17% from the current price of $29.68. The GF Value is derived from historical trading multiples, past business performance trends, and future business performance estimates. For a deeper dive into the data, visit the The Kraft Heinz Co (KHC, Financial) Summary page.
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