KRAFT HEINZ: The recent market rally is causing some stocks to become more expensive very quickly
November 23, 2022
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Kraft Heinz Stock Fair Value – KRAFT ($NASDAQ:KHC): The company’s stock is traded on the New York Stock Exchange and the Nasdaq. The recent market rally has caused some stocks, such as Walgreens Boots Alliance, to become more expensive very quickly. This is because FOMO is a real thing when it comes to value investing. Nobody can time a perfect bottom on every stock, and when a stock finally takes off, it’s too late to buy more at low prices.
Market Price
On Monday, KRAFT HEINZ stock opened at $37.1 and closed at $36.8, down by 0.5% from previous closing price of 37.0. The company has been benefiting from the strong performance of its core brands, such as Heinz ketchup, Kraft cheese, and Ore-Ida potatoes. In addition, the company has been making efforts to expand its product portfolio and reach new customers. For example, it recently launched a line of plant-based products under the Heinz brand. Live Quote…
About the Company
VI Analysis – Kraft Heinz Stock Fair Value
KRAFT HEINZ is a food and beverage company with a long history and strong fundamentals. The company’s fair value is around $35.0, calculated by VI Line. Now KRAFT HEINZ stock is traded at $36.8, a fair price overvalued by 5%.
VI Peers
The Kraft Heinz Co. is a food and beverage company that offers a variety of products. Its competitors include Kellogg Co, General Mills Inc, and Treehouse Foods Inc.
– Kellogg Co ($NYSE:K)
Kellogg Co is a food manufacturing company that produces cereal, snacks, and other food products. The company has a market cap of $25.03 billion and a return on equity of 33.71%. Kellogg’s products are sold in more than 180 countries and include brands such as Kellogg’s, Keebler, Pop-Tarts, and Eggo. The company has more than 30,000 employees worldwide.
– General Mills Inc ($NYSE:GIS)
General Mills Inc is a food company that produces and markets branded consumer foods in the United States and internationally. The company’s products include cereals, yogurt, snacks, and baking mixes. General Mills Inc has a market cap of 46.37B as of 2022 and a return on equity of 20.18%. The company’s products are marketed under the brands including Cheerios, Lucky Charms, Nature Valley, and Betty Crocker.
– Treehouse Foods Inc ($NYSE:THS)
Treehouse Foods Inc is a food manufacturing company with a market cap of $2.7 billion as of 2022. The company has a return on equity of 0.58%. Treehouse Foods Inc manufactures and sells packaged foods and beverages in the United States. The company offers canned soups, salad dressings, peanut butter, syrups, and other food products. It also provides infant formula and baby food products; and pet food and pet snacks.
Summary
KRAFT HEINZ is one of the world’s largest food and beverage companies, with a portfolio that includes some of the most recognizable brands in the food industry. The company has a long history of paying dividends to shareholders, and the dividend yield currently sits at around 3%. The recent market rally has caused KRAFT HEINZ shares to become more expensive, but the company still looks like a good long-term investment. The dividend yield is attractive, and the company has a strong portfolio of brands.
