The stock of Kenvue Inc (KVUE) has gone up by 0.59% for the week, with a 11.05% rise in the past month and a 10.07% rise in the past quarter. The volatility ratio for the week is 2.21%, and the volatility levels for the past 30 days are 2.47% for KVUE. The simple moving average for the past 20 days is 3.15% for KVUE’s stock, with a 16.52% simple moving average for the past 200 days.
Is It Worth Investing in Kenvue Inc (NYSE: KVUE) Right Now?
Kenvue Inc (NYSE: KVUE) has a price-to-earnings ratio of 42.98x that is above its average ratio. Additionally, the 36-month beta value for KVUE is 1.31. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 3 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
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The public float for KVUE is 1.92B and currently, short sellers hold a 2.01% ratio of that float. The average trading volume of KVUE on November 18, 2024 was 15.19M shares.
KVUE) stock’s latest price update
Kenvue Inc (NYSE: KVUE)’s stock price has soared by 0.89 in relation to previous closing price of 23.61. Nevertheless, the company has seen a gain of 0.59% in its stock price over the last five trading days. proactiveinvestors.com reported 2024-11-07 that Kenvue Inc (NYSE:KVUE), the maker of Listerine, Tylenol, Aveeno and Band-Aid, reported slightly lower sales than expected but earnings were just above Wall Street estimates. The company has been in a more intense spotlight coming into these results after reports emerged that activist investor Starboard Value has taken a stake and is eyeing changes.
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 4.62% 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 -0.54% of loss for the given period.
Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares surge +9.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.20% upper at present.
During the last 5 trading sessions, KVUE rose by +0.59%, which changed the moving average for the period of 200-days by +14.03% in comparison to the 20-day moving average, which settled at $23.09. In addition, Kenvue Inc saw 10.64% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for KVUE
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.58 for the gross margin
The net margin for Kenvue Inc stands at 0.07. The total capital return value is set at 0.12. Equity return is now at value 9.88, with 3.94 for asset returns.
Based on Kenvue Inc (KVUE), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is 6.76.
Currently, EBITDA for the company is 3.17 billion with net debt to EBITDA at 2.33. When we switch over and look at the enterprise to sales, we see a ratio of 3.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.
Conclusion
In conclusion, Kenvue Inc (KVUE) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
