P/E Ratio Insights for Kraft Heinz
Portfolio Pulse from Benzinga Insights
Kraft Heinz Inc.'s (NASDAQ:KHC) stock price is currently at $34.52, after a 0.38% increase. However, the stock has decreased by 3.71% over the past month and by 10.48% over the past year. The company's P/E ratio of 13.43 is lower than the Food Products industry average of 26.85, which could indicate that the stock is undervalued or that it might perform worse than its industry peers.
August 11, 2023 | 7:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Kraft Heinz's stock price has increased by 0.38% to $34.52. However, it has decreased by 3.71% over the past month and 10.48% over the past year. The company's P/E ratio of 13.43 is lower than the industry average of 26.85.
The stock price of Kraft Heinz has seen a slight increase in the current market session but has decreased over the past month and year. The company's P/E ratio is lower than the industry average, which could indicate that the stock is undervalued. However, it could also suggest that the company might perform worse than its industry peers. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100