Kenvue Inc (NYSE: KVUE) closed the day trading at $19.45 down -3.90% from the previous closing price of $20.24. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 25375083 shares were traded.
Ratios:
For a better understanding of KVUE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.80. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.69.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Bernstein on April 11, 2024, initiated with a Underperform rating and assigned the stock a target price of $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 30 ’23 when ALLISON RICHARD E JR bought 5,598 shares for $22.96 per share. The transaction valued at 128,524 led to the insider holds 25,598 shares of the business.
ALLISON RICHARD E JR bought 20,000 shares of KVUE for $525,232 on May 11 ’23. The Director now owns 20,000 shares after completing the transaction at $26.26 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KVUE now has a Market Capitalization of 37.24B and an Enterprise Value of 44.28B. As of this moment, Kenvue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.35, and their Forward P/E ratio for the next fiscal year is 15.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.41 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 2.87 whereas that against EBITDA is 13.95.
Stock Price History:
Over the past 52 weeks, KVUE has reached a high of $27.80, while it has fallen to a 52-week low of $17.82. The 50-Day Moving Average of the stock is 19.97, while the 200-Day Moving Average is calculated to be 21.22.
Shares Statistics:
Over the past 3-months, KVUE traded about 16.40M shares per day on average, while over the past 10 days, KVUE traded about 13.55M shares per day. A total of 1.92B shares are outstanding, with a floating share count of 1.55B. Insiders hold about 19.13% of the company’s shares, while institutions hold 89.20% stake in the company. Shares short for KVUE as of Mar 28, 2024 were 34.6M with a Short Ratio of 2.11, compared to 24.91M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.81% and a Short% of Float of 17.44%.
Dividends & Splits
KVUE’s forward annual dividend rate is 0.40, up from 0.40 a year ago. Against a Trailing Annual Dividend Yield of 1.98%, it implies a Forward Annual Dividend Yield of 4.11%.
Earnings Estimates
Current recommendations for the stock of the company come from 10 analysts. On average, analysts expect EPS of $0.26 for the current quarter, with a high estimate of $0.27 and a low estimate of $0.25, while EPS last year was $0.37. The consensus estimate for the next quarter is $0.29, with high estimates of $0.32 and low estimates of $0.27.
Analysts are recommending an EPS of between $1.18 and $1.07 for the fiscal current year, implying an average EPS of $1.14. EPS for the following year is $1.24, with 15 analysts recommending between $1.31 and $1.11.
Revenue Estimates
11 analysts predict $3.79B in revenue for the current quarter. It ranges from a high estimate of $3.83B to a low estimate of $3.75B. As of the current estimate, Kenvue Inc’s year-ago sales were $3.85B, an estimated decrease of -1.50% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $4.01B, an increase of 1.30% over than the figure of -$1.50% in the same quarter last year. There is a high estimate of $4.05B for the next quarter, whereas the lowest estimate is $3.95B.
A total of 15 analysts have provided revenue estimates for KVUE’s current fiscal year. The highest revenue estimate was $15.74B, while the lowest revenue estimate was $15.37B, resulting in an average revenue estimate of $15.65B. In the same quarter a year ago, actual revenue was $15.44B, up 1.30% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $16.19B in the next fiscal year. The high estimate is $16.4B and the low estimate is $15.77B. The average revenue growth estimate for next year is up 3.50% from the average revenue estimate for this year.
