Analyst Advice And Earnings Insight: The Kraft Heinz Company (KHC), First Horizon National Corporation (FHN)

The recently concluded session had traders exchanging The Kraft Heinz Company (NASDAQ:KHC) low level. Roughly 4.48 million shares changed hands compared to the three-month volume average 5.5 million shares. The first trade took place at $57.51 and the stock went down -0.43% to attain the closing price of $57.67.

The Kraft Heinz Company (KHC) Analyst Opinion

The Kraft Heinz Company has a consensus outperform rating from 22 Wall Street analysts, and the number of shares currently sold short amount to at least 4.84% of shares outstanding. The stock sank -1.86% last month and is down -25.84 this year. Wall Street is only getting more bullish on the stock, with 14 of analysts who cover KHC having a buy-equivalent rating. Analysts have placed a $67.55 price target on The Kraft Heinz Company, suggesting a 17.13% gain from recent close. It’s currently trading about -38.57% below its 52-week high.

The Kraft Heinz Company Earnings Surprise

The Kraft Heinz Company (KHC) surprised the stock market in its last reported earnings when it earned $0.89 a piece versus the consensus-estimated $0.82. Its revenue totaled $6.32 billion down -8.08% from the previous quarter.

The Kraft Heinz Company (NASDAQ:KHC) Intraday View

This stock (KHC) is ahead of its 52-week low with 6.58%. Its last month’s stock price volatility remained 1.78% which for the week stands at 1.87%. The share price has moved backward from its 20 days moving average, trading at a distance of -0.54% and stays -1.83% away from its 50 days moving average. Over the last five days, shares have managed 0.33% gains and now is down -20.02% since hitting its 200-day moving average of $68.61. The Kraft Heinz Company (KHC) has made its way to a 12-month decline of -38.5%.

Turning to First Horizon National Corporation (NYSE:FHN), its shares were trading at $19.07 a gain of $0.01, on the trading floor. The stock, after opening at $19, touched a high of $19.225 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.1. First Horizon National Corporation has 6 buy ratings, 7 holds and 0 sells even after the stock tumbled -8.58% from its high of $20.86 to a $6.2 billion market value through last close.

First Horizon National Corporation (FHN) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.05 to 2.05 during a month. Analysts set a 12-month price target of $22.32 a share. The target implies a 17.04% spike from where the shares are currently trading. Also, the current price highlights a discount of 31.1% to analysts’ high consensus price target.

First Horizon National Corporation (NYSE:FHN) Intraday Trading

The counter witnessed a trading volume of 2.87 million shares versus an average volume of 3.42 million shares during last trading session. Its last month’s stock price volatility remained 1.55% which for the week approaches 1.74%. The lowest price the stock reached in the last trading day was $18.925 and compares with the $15.84 52-week low. The stock recovered 20.39% since its low point and has performed -4.6% year-to-date.

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