Stock Update - Kraft Foods Group, Inc. (NASDAQ:KRFT)

Kraft Foods Group, Inc. (NASDAQ:KRFT) shares closed the last trading session at 84.29. In the current trading session the stock reached as high as 84.53 and dipped down to 83.53. Kraft Foods Group, Inc., a NMS listed company, has a current market cap of 49.19B and on average over the past 3 months has seen 7042690 shares trade hands on a daily basis.

On a technical level the stock has a 50 Day Moving Average of 82.24. Based on a recent trade, this puts the equity at +1.72% away from that average. In looking at the 200-day average, the stock is +24.83% away from that mark. In comparing the stock’s current level to its extended history, the stock is trading -8.39% away from its 52-week high of 91.32 and +56.87% away from the stock’s low point over the past 52 weeks, which was 53.33.

There are a number of sell-side research brokerages which cover the stock and offer projections on earnings and future stock movement. On a consensus basis, analysts have a one year target price of 90.21. The company has a trailing 12-month EPS of 1.74. The consensus analyst estimates according to First Call for the next quarter is 0.76. The current year EPS estimate on the stock is 3.22 and the EPS estimate for next year sits at 3.45.

The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at 48.08. This is an important indicator as a higher ratio typically suggests that investors are expecting higher future earnings growth compared to companies in the same industry with lower price to earnings ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 25.98. Potential shareholders looking further ahead, will note that the Price to next year’s EPS is 24.25.

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