Through the midpoint of 2024, Kraft Heinz Company (KHC) stocks have underperformed by 20% compared to the S&P 500. Despite being near a 52-week low, many experts consider Kraft Heinz to be a smart investment. The company's shares show a yield mark of 5%, making it an attractive pick in the eyes of investors. Recently, Kraft Heinz has been reported to explore a sale of the Oscar Mayer arm of their business. Products-wise, the company has launched TAP, a faucet dispenser converting tap water into an energy drink, and introduced plant-based Oscar Mayer hot dogs and KRAFT Mac & Cheese. Although Q1 sales figures fell short, earnings topped estimates. There's speculation around whether KHC is the best Pizza stock currently. The company is seen as an attractive yield play undergoing transformation despite current debts. Kraft Heinz also ranks on Fast Company's list of the World's Most Innovative Companies. Dividend-wise, the company has declared a regular quarterly dividend of $0.40 per share. Future direction hinges on handling rising product prices and possible sales of some brand divisions.
The Kraft Heinz Company KHC News Analytics from Thu, 16 Nov 2023 08:00:00 GMT to Sun, 07 Jul 2024 22:14:47 GMT -
Rating 0
- Innovation 3
- Information 6
- Rumor 4
