Krispy Kreme Inc (NASDAQ: DNUT) has a price-to-earnings ratio of 67.90x that is above its average ratio. Additionally, the 36-month beta value for DNUT is 1.36. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 5 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for DNUT is 82.89M and currently, short sellers hold a 19.85% ratio of that float. The average trading volume of DNUT on November 22, 2024 was 1.41M shares.
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DNUT) stock’s latest price update
Krispy Kreme Inc (NASDAQ: DNUT)’s stock price has plunge by 1.38relation to previous closing price of 10.89. Nevertheless, the company has seen a -0.36% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-19 that I reiterate my buy rating for DNUT due to successful execution of the McDonald’s partnership, which has significantly expanded its growth trajectory and EBITDA margin. DNUT’s 3Q24 results showed revenue of ~$379.9 million, with the Chicago rollout to 400+ McDonald’s stores performing in line with expectations and no negative impact on existing shops. DNUT’s potential expansion to larger retailers like Target and Costco could significantly boost growth.
DNUT’s Market Performance
DNUT’s stock has fallen by -0.36% in the past week, with a monthly drop of -3.41% and a quarterly rise of 3.27%. The volatility ratio for the week is 2.94% while the volatility levels for the last 30 days are 3.74% for Krispy Kreme Inc The simple moving average for the last 20 days is -3.07% for DNUT stock, with a simple moving average of -6.48% for the last 200 days.
Analysts’ Opinion of DNUT
Many brokerage firms have already submitted their reports for DNUT stocks, with Morgan Stanley repeating the rating for DNUT by listing it as a “Equal-Weight.” The predicted price for DNUT in the upcoming period, according to Morgan Stanley is $14 based on the research report published on November 05, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see DNUT reach a price target of $13. The rating they have provided for DNUT stocks is “In-line” according to the report published on August 27th, 2024.
HSBC Securities gave a rating of “Buy” to DNUT, setting the target price at $14 in the report published on July 23rd of the current year.
DNUT Trading at -2.70% from the 50-Day Moving Average
After a stumble in the market that brought DNUT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.12% of loss for the given period.
Volatility was left at 3.74%, however, over the last 30 days, the volatility rate increased by 2.94%, as shares sank -5.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.17% lower at present.
During the last 5 trading sessions, DNUT fell by -0.36%, which changed the moving average for the period of 200-days by -17.05% in comparison to the 20-day moving average, which settled at $11.39. In addition, Krispy Kreme Inc saw -26.84% 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 DNUT starting from McBride Kelly P, who sale 16,488 shares at the price of $12.13 back on Sep 16 ’24. After this action, McBride Kelly P now owns 62,080 shares of Krispy Kreme Inc, valued at $199,999 using the latest closing price.
McBride Kelly P, the Officer of Krispy Kreme Inc, proposed sale 16,488 shares at $12.13 during a trade that took place back on Sep 16 ’24, which means that McBride Kelly P is holding shares at $199,999 based on the most recent closing price.
Stock Fundamentals for DNUT
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.33 for the gross margin
The net margin for Krispy Kreme Inc stands at 0.02. The total capital return value is set at 0.0. Equity return is now at value 2.41, with 0.90 for asset returns.
Based on Krispy Kreme Inc (DNUT), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 0.03.
Currently, EBITDA for the company is 157.59 million with net debt to EBITDA at 5.74. When we switch over and look at the enterprise to sales, we see a ratio of 1.84. The receivables turnover for the company is 27.61for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.35.
Conclusion
In conclusion, Krispy Kreme Inc (DNUT) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
