The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Krispy Kreme Inc (NASDAQ: DNUT) was $8.72 for the day, up 2.35% from the previous closing price of $8.52. In other words, the price has increased by $2.35 from its previous closing price. On the day, 1.79 million 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 0.28 and its Current Ratio is at 0.35. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.03.
HSBC Securities Upgraded its Hold to Buy on July 23, 2024, while the target price for the stock was maintained at $14.
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 Sep 16 ’24 when McBride Kelly P sold 16,488 shares for $12.13 per share. The transaction valued at 199,999 led to the insider holds 62,080 shares of the business.
McBride Kelly P bought 16,488 shares of DNUT for $199,999 on Sep 16 ’24. On Mar 11 ’24, another insider, Tattersfield Michael J., who serves as the Director of the company, sold 100,000 shares for $12.82 each. As a result, the insider received 1,282,090 and left with 2,936,940 shares of the company.
Valuation Measures:
As of this moment, Krispy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.63, and their Forward P/E ratio for the next fiscal year is 29.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 1.25.
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 $8.34. The 50-Day Moving Average of the stock is -7.44%, while the 200-Day Moving Average is calculated to be -18.85%.
Shares Statistics:
A total of 169.80M shares are outstanding, with a floating share count of 83.19M. Insiders hold about 51.07% of the company’s shares, while institutions hold 57.06% stake in the company.
