The stock of Kenvue Inc (KVUE) has gone up by 1.80% for the week, with a -4.81% drop in the past month and a -7.83% drop in the past quarter. The volatility ratio for the week is 1.68%, and the volatility levels for the past 30 days are 1.79% for KVUE. The simple moving average for the last 20 days is -1.02% for KVUE stock, with a simple moving average of -7.47% for the last 200 days.
Is It Worth Investing in Kenvue Inc (NYSE: KVUE) Right Now?
Kenvue Inc (NYSE: KVUE) has a price-to-earnings ratio that is above its average at 24.04x. The stock has a 36-month beta value of 1.36. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for KVUE is 1.73B, and at present, short sellers hold a 2.08% of that float. On May 06, 2024, the average trading volume of KVUE was 17.12M shares.
KVUE) stock’s latest price update
Kenvue Inc (NYSE: KVUE) has seen a rise in its stock price by 0.42 in relation to its previous close of 19.12. However, the company has experienced a 1.80% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-27 that Before considering which stocks to buy if inflation continues, it’s good to remember the relationship between inflation and interest rates. The latest reading on CPI and PPI shows that the declining inflation rate may be ramping back up.
Analysts’ Opinion of KVUE
Many brokerage firms have already submitted their reports for KVUE stocks, with Bernstein repeating the rating for KVUE by listing it as a “Underperform.” The predicted price for KVUE in the upcoming period, according to Bernstein is $18 based on the research report published on April 11, 2024 of the current year 2024.
Goldman gave a rating of “Neutral” to KVUE, setting the target price at $20 in the report published on March 01st of the current year.
KVUE Trading at -2.91% from the 50-Day Moving Average
After a stumble in the market that brought KVUE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.92% of loss for the given period.
Volatility was left at 1.79%, however, over the last 30 days, the volatility rate increased by 1.68%, as shares sank -5.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.05% upper at present.
During the last 5 trading sessions, KVUE rose by +1.80%, which changed the moving average for the period of 200-days by -23.20% in comparison to the 20-day moving average, which settled at $19.35. In addition, Kenvue Inc saw -10.82% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KVUE starting from ALLISON RICHARD E JR, who purchase 5,598 shares at the price of $22.96 back on Aug 30 ’23. After this action, ALLISON RICHARD E JR now owns 25,598 shares of Kenvue Inc, valued at $128,524 using the latest closing price.
ALLISON RICHARD E JR, the Director of Kenvue Inc, purchase 20,000 shares at $26.26 during a trade that took place back on May 11 ’23, which means that ALLISON RICHARD E JR is holding 20,000 shares at $525,232 based on the most recent closing price.
Stock Fundamentals for KVUE
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.56 for the gross margin
The net margin for Kenvue Inc stands at 0.1. The total capital return value is set at 0.11. Equity return is now at value 9.77, with 5.53 for asset returns.
Based on Kenvue Inc (KVUE), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is 10.08.
Currently, EBITDA for the company is 3.57 billion with net debt to EBITDA at 2.52. When we switch over and look at the enterprise to sales, we see a ratio of 2.84. The receivables turnover for the company is 7.45for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.
Conclusion
To sum up, Kenvue Inc (KVUE) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
