Kenvue Inc (KVUE) Stock Price and Analyst Predictions

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Kenvue Inc (NYSE: KVUE) has a price-to-earnings ratio that is above its average at 36.65x. The stock has a 36-month beta value of 1.40. 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 1.91B, and at present, short sellers hold a 2.36% of that float. On October 11, 2024, the average trading volume of KVUE was 16.01M shares.

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KVUE) stock’s latest price update

Kenvue Inc (NYSE: KVUE)’s stock price has plunge by 0.38relation to previous closing price of 21.32. Nevertheless, the company has seen a -3.43% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-11 that A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 13.99%-20.65% topped by Northwest Natural and United Bankshares. By yield, Altria tops all. Top-ten October dogs: HRL, KVUE, FRT, UBSI, FTS, BKH, NWN, CDUAF, UVV, and MO averaged 4.87% in yield.

KVUE’s Market Performance

Kenvue Inc (KVUE) has seen a -3.43% fall in stock performance for the week, with a -7.28% decline in the past month and a 18.17% surge in the past quarter. The volatility ratio for the week is 1.51%, and the volatility levels for the past 30 days are at 1.66% for KVUE. The simple moving average for the past 20 days is -5.41% for KVUE’s stock, with a 5.75% simple moving average for the past 200 days.

Analysts’ Opinion of KVUE

Many brokerage firms have already submitted their reports for KVUE stocks, with Jefferies repeating the rating for KVUE by listing it as a “Buy.” The predicted price for KVUE in the upcoming period, according to Jefferies is $27 based on the research report published on September 24, 2024 of the current year 2024.

RBC Capital Mkts, on the other hand, stated in their research note that they expect to see KVUE reach a price target of $24. The rating they have provided for KVUE stocks is “Sector Perform” according to the report published on September 24th, 2024.

Citigroup gave a rating of “Neutral” to KVUE, setting the target price at $21 in the report published on May 28th of the current year.

KVUE Trading at -3.03% 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 -9.13% of loss for the given period.

Volatility was left at 1.66%, however, over the last 30 days, the volatility rate increased by 1.51%, as shares sank -8.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.87% upper at present.

During the last 5 trading sessions, KVUE fell by -3.43%, which changed the moving average for the period of 200-days by +0.52% in comparison to the 20-day moving average, which settled at $22.62. In addition, Kenvue Inc saw -0.60% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for KVUE

Current profitability levels for the company are sitting at:

  • 0.17 for the present operating margin
  • 0.57 for the gross margin

The net margin for Kenvue Inc stands at 0.07. The total capital return value is set at 0.13. Equity return is now at value 10.55, with 4.15 for asset returns.

Based on Kenvue Inc (KVUE), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is 6.84.

Currently, EBITDA for the company is 3.57 billion with net debt to EBITDA at 2.48. When we switch over and look at the enterprise to sales, we see a ratio of 3.14. The receivables turnover for the company is 6.91for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.

Conclusion

To sum up, Kenvue Inc (KVUE) has seen a mixed 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.

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