The closing price of Kenvue Inc (NYSE: KVUE) was $20.34 for the day, down -2.31% from the previous closing price of $20.82. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 15066217 shares were traded.
Ratios:
Our analysis of KVUE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.43. 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.
On November 17, 2023, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $20.Piper Sandler initiated its Neutral rating on November 17, 2023, with a $20 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 39.86B and an Enterprise Value of 46.91B. As of this moment, Kenvue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.47, and their Forward P/E ratio for the next fiscal year is 16.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52 while its Price-to-Book (P/B) ratio in mrq is 3.47. Its current Enterprise Value per Revenue stands at 3.04 whereas that against EBITDA is 14.77.
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 20.05, while the 200-Day Moving Average is calculated to be 21.41.
Shares Statistics:
KVUE traded an average of 17.07M shares per day over the past three months and 13.7M shares per day over the past ten days. 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 89.19% stake in the company. Shares short for KVUE as of Mar 15, 2024 were 27.45M with a Short Ratio of 1.61, compared to 22.34M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.43% and a Short% of Float of 13.83%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.40, KVUE has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 1.92%, it implies a Forward Annual Dividend Yield of 3.84%.
Earnings Estimates
The firm’s stock currently is rated by 8 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 $0.3, with high estimates of $0.32 and low estimates of $0.29.
Analysts are recommending an EPS of between $1.18 and $1.11 for the fiscal current year, implying an average EPS of $1.15. EPS for the following year is $1.25, with 13 analysts recommending between $1.31 and $1.2.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. 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 -1.40% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $4.01B, an increase of 1.30% over than the figure of -$1.40% in the same quarter last year. There is a high estimate of $4.04B for the next quarter, whereas the lowest estimate is $3.96B.
A total of 13 analysts have provided revenue estimates for KVUE’s current fiscal year. The highest revenue estimate was $15.74B, while the lowest revenue estimate was $15.57B, resulting in an average revenue estimate of $15.66B. In the same quarter a year ago, actual revenue was $15.44B, up 1.40% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $16.22B in the next fiscal year. The high estimate is $16.4B and the low estimate is $16.09B. The average revenue growth estimate for next year is up 3.50% from the average revenue estimate for this year.
