Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Krispy Kreme Inc (NASDAQ: DNUT) was $13.40 for the day, down -1.76% from the previous closing price of $13.64. In other words, the price has decreased by $-1.76 from its previous closing price. On the day, 2.14 million shares were traded. DNUT stock price reached its highest trading level at $13.68 during the session, while it also had its lowest trading level at $13.29.
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 2260579840 and an Enterprise Value of 3711092992. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 1.93. Its current Enterprise Value per Revenue stands at 2.201 whereas that against EBITDA is 23.549.
Stock Price History:
The Beta on a monthly basis for DNUT is 1.49, which has changed by -0.13380736 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. 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 -0.38%, while the 200-Day Moving Average is calculated to be -1.30%.
Shares Statistics:
DNUT traded an average of 2.77M shares per day over the past three months and 2481470 shares per day over the past ten days. A total of 168.63M shares are outstanding, with a floating share count of 81.22M. Insiders hold about 51.85% of the company’s shares, while institutions hold 45.89% stake in the company. Shares short for DNUT as of 1711584000 were 14253355 with a Short Ratio of 5.15, compared to 1709164800 on 12803590. Therefore, it implies a Short% of Shares Outstanding of 14253355 and a Short% of Float of 16.360001.
Dividends & Splits
With its trailing 12-month dividend rate of 0.14, DNUT has a forward annual dividend rate of 0.14.
Earnings Estimates
The current market rating for Krispy Kreme Inc (DNUT) reflects the collective analysis of 7 analysts closely monitoring its performance.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 $0.44, 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 3.60% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $441.13M, an increase of 7.40% over than the figure of $3.60% 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 $1.81B, 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 $1.99B in the next fiscal year. The high estimate is $2.18B and the low estimate is $1.8B. The average revenue growth estimate for next year is up 11.10% from the average revenue estimate for this year.
