Technical Reports on Food Equities -- WhiteWave Foods, Kraft Heinz, Pilgrim's Pride, and Post Holdings
NEW YORK, November 28, 2016 /PRNewswire/ --
In today's pre-market research, Stock-Callers.com shifts investors' attention to four major players in the Diversified Food space, namely, The WhiteWave Foods Co. (NYSE: WWAV), The Kraft Heinz Co. (NASDAQ: KHC), Pilgrim's Pride Corp. (NASDAQ: PPC), and Post Holdings Inc. (NYSE: POST). Companies in this industry are engaged in the manufacturing and marketing of various packaged food products such as snacks, dairies, dinners, and processed meats. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
The WhiteWave Foods
Last Friday, Denver, Colorado headquartered The WhiteWave Foods Co.'s stock climbed 0.13% to close the day at $55.19 with a total trading volume of 436,221 shares. The Company's shares have advanced 1.23% in the last month and 41.84% on an YTD basis. The stock is trading 1.27% above its 50-day moving average and 14.13% above its 200-day moving average. Additionally, shares of WhiteWave Foods, which manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic salads, and fruits and vegetables in North America and Europe, have a Relative Strength Index (RSI) of 62.07.
On November 22nd, 2016, WhiteWave Foods announced that holders of a majority in aggregate principal amount of its outstanding $500,000,000 5.375% Senior Notes due 2022 have delivered valid consents in connection with the Company's previously announced consent solicitation for certain proposed amendments to the indenture governing the 2022 Notes. The Company will, subject to the satisfaction or waiver of certain conditions described in the Statement, including the closing of the Merger, promptly pay to each holder of the 2022 Notes who delivered a valid consent in favor of the Amendments prior to the Expiration Date, a cash payment of $2.50 for each $1,000 principal amount of 2022 Notes in respect of which such consent has been delivered. Visit us today and access our complete research report on WWAV at:
http://stock-callers.com/registration/?symbol=WWAV
The Kraft Heinz
Shares in Pittsburgh, Pennsylvania headquartered The Kraft Heinz Co. rose 0.51%, finishing Friday's session at $82.86. The stock recorded a trading volume of 1.23 million shares. The Company's shares have gained 16.30% since the start of this year. The stock is trading below its 200-day moving average by 0.57%. Furthermore, shares of Kraft Heinz, which manufactures and markets food and beverage products in the US, Canada, Europe, and the rest of the world, have an RSI of 42.59.
On November 17th, 2016, Kraft Heinz stated that it has been notified of an unsolicited "mini-tender" offer by TRC Capital Corp. ("TRC") to purchase up to 1.5 million shares of Kraft Heinz's common stock, representing approximately 0.12% of Kraft Heinz's shares of common stock outstanding. Kraft Heinz announced that it does not endorse TRC's unsolicited mini-tender offer and is not associated with TRC, its mini-tender offer, or the mini-tender offer documents. Because TRC's offer price is at a price below the current market price, Kraft Heinz recommends that stockholders not tender their shares or, if they have already tendered shares, withdraw their shares by providing the written notice described in the TRC mini-tender offer documents prior to the expiration of the offer on December 14th, 2016. The complimentary report on KHC can be downloaded at:
http://stock-callers.com/registration/?symbol=KHC
Pilgrim's Pride
Greeley, Colorado headquartered Pilgrim's Pride Corp.'s stock finished 1.88% higher at $18.17 last Friday at the close, with a total trading volume of 898,222 shares. Shares of the Company, which engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the US, Mexico, and Puerto Rico, are trading below their 50-day moving average by 11.09%. The stock has an RSI of 36.31. Register for free on Stock-Callers.com and access the latest research report on PPC at:
http://stock-callers.com/registration/?symbol=PPC
Post Holdings
Shares in St. Louis, Missouri headquartered Post Holdings Inc. ended last Friday's session 1.82% higher at $75.57. The stock recorded a trading volume of 567,866 shares. The Company's shares have advanced 22.48% on an YTD basis. The stock is trading 1.63% below its 200-day moving average. Moreover, shares of Post Holdings, which manufactures, markets, and sells branded and private label ready-to-eat cereal products primarily in the US, Puerto Rico, Canada, Mexico, and the Caribbean, have an RSI of 51.81.
On November 17th, 2016, Post Holdings reported that Q4 FY16 net sales were $1.26 billion, down 3.7%, compared to Q4 FY15. The company's gross profit was $377.4 million up $44.1 million compared to Q4 FY15 gross profit of $333.3 million. Post Holdings' Q4 FY16 net loss was ($37.0) million, an improvement of $35.5 million, or 49.0% compared to Q4 FY15.
On November 21st, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $95 a share to $85 a share. Get free access to your research report on POST at:
http://stock-callers.com/registration/?symbol=POST
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