A month has gone by since the last earnings report for Kraft Heinz (KHC). Shares have added about 3.2% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Kraft Heinz due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates have trended downward during the past month.
The consensus estimate has shifted -10.86% due to these changes.
VGM Scores
At this time, Kraft Heinz has a subpar Growth Score of D, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Kraft Heinz has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.
Performance of an Industry Player
Kraft Heinz belongs to the Zacks Food - Miscellaneous industry. Another stock from the same industry, Mondelez (MDLZ), has gained 5.8% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.
Mondelez reported revenues of $9.6 billion in the last reported quarter, representing a year-over-year change of +3.1%. EPS of $0.65 for the same period compares with $0.84 a year ago.
For the current quarter, Mondelez is expected to post earnings of $0.67 per share, indicating a change of -29.5% from the year-ago quarter. The Zacks Consensus Estimate has changed -3.4% over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #4 (Sell) for Mondelez. Also, the stock has a VGM Score of D.
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Kraft Heinz Company (KHC) : Free Stock Analysis Report
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This article originally published on Zacks Investment Research (zacks.com).
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