The closing price of Krispy Kreme Inc (NASDAQ: DNUT) was $14.32 for the day, down -6.59% from the previous closing price of $15.33. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 8663758 shares were traded.
Ratios:
Our analysis of DNUT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 0.33. In the meantime, Its Debt-to-Equity ratio is 1.19 whereas as Long-Term Debt/Eq ratio is at 1.10.
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 the company, Piper Sandler on April 05, 2024, Upgraded its rating to Overweight and sets its target price to $20 from $14 previously.
On January 22, 2024, CapitalOne started tracking the stock assigning a Equal Weight rating and target price of $16.
JP Morgan Downgraded its Overweight to Neutral on November 20, 2023, while the target price for the stock was maintained at $13.
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 Mar 11 ’24 when Tattersfield Michael J. sold 100,000 shares for $12.82 per share. The transaction valued at 1,282,090 led to the insider holds 2,936,940 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DNUT now has a Market Capitalization of 2.41B and an Enterprise Value of 3.77B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 2.24 whereas that against EBITDA is 27.89.
Stock Price History:
Over the past 52 weeks, DNUT has reached a high of $17.84, while it has fallen to a 52-week low of $11.52. The 50-Day Moving Average of the stock is 13.30, while the 200-Day Moving Average is calculated to be 13.59.
Shares Statistics:
DNUT traded an average of 2.40M shares per day over the past three months and 11.21M shares per day over the past ten days. A total of 168.63M shares are outstanding, with a floating share count of 80.49M. Insiders hold about 52.29% of the company’s shares, while institutions hold 45.88% stake in the company. Shares short for DNUT as of Mar 15, 2024 were 12.61M with a Short Ratio of 5.26, compared to 12.53M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.48% and a Short% of Float of 14.47%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.14, DNUT has a forward annual dividend rate of 0.14. Against a Trailing Annual Dividend Yield of 0.91%, it implies a Forward Annual Dividend Yield of 0.91%.
Earnings Estimates
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.04, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.06, with high estimates of $0.08 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.33 and $0.2 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.43, with 8 analysts recommending between $0.55 and $0.32.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $438M to a low estimate of $428.7M. As of the current estimate, Krispy Kreme Inc’s year-ago sales were $418.95M, an estimated increase of 3.90% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $441.52M, an increase of 7.50% over than the figure of $3.90% in the same quarter last year. There is a high estimate of $455M for the next quarter, whereas the lowest estimate is $435.1M.
A total of 10 analysts have provided revenue estimates for DNUT’s current fiscal year. The highest revenue estimate was $1.8B, while the lowest revenue estimate was $1.72B, resulting in an average revenue estimate of $1.79B. In the same quarter a year ago, actual revenue was $1.69B, up 6.10% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.97B in the next fiscal year. The high estimate is $2.13B and the low estimate is $1.8B. The average revenue growth estimate for next year is up 10.30% from the average revenue estimate for this year.
