Kraft Foods Group (KRFT) Is Today's Pre-Market Mover With Heavy Volume Stock
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Kraft Foods Group as such a stock due to the following factors:
- KRFT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $241.4 million.
- KRFT traded 560,583 shares today in the pre-market hours as of 7:32 AM, representing 18.1% of its average daily volume.
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More details on KRFT:
Kraft Foods Group, Inc. operates as a consumer packaged food and beverage company. It operates through six segments: Cheese, Refrigerated Meals, Beverages, Meals & Desserts, Enhancers & Snack Nuts, and Canada. The stock currently has a dividend yield of 3.5%. KRFT has a PE ratio of 35.6. Currently there are 4 analysts that rate Kraft Foods Group a buy, 1 analyst rates it a sell, and 5 rate it a hold.
The average volume for Kraft Foods Group has been 2.9 million shares per day over the past 30 days. Kraft Foods Group has a market cap of $36.4 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 0.75 and a short float of 1.4% with 2.71 days to cover. Shares are down 0.9% year-to-date as of the close of trading on Monday.
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Analysis:
rates Kraft Foods Group as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and premium valuation.
Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 10.1%. Since the same quarter one year prior, revenues slightly increased by 2.2%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Net operating cash flow has increased to $1,140.00 million or 23.37% when compared to the same quarter last year. In addition, KRAFT FOODS GROUP INC has also vastly surpassed the industry average cash flow growth rate of -36.56%.
- The gross profit margin for KRAFT FOODS GROUP INC is currently extremely low, coming in at 12.67%. It has decreased significantly from the same period last year. Along with this, the net profit margin of -8.47% is significantly below that of the industry average.
- You can view the full Kraft Foods Group Ratings Report.
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