Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Kenvue Inc (NYSE: KVUE) closed at $19.80 down -4.53% from its previous closing price of $20.74. In other words, the price has decreased by -$4.53 from its previous closing price. On the day, 25.81 million shares were traded. KVUE stock price reached its highest trading level at $21.1 during the session, while it also had its lowest trading level at $19.75.
Ratios:
For a deeper understanding of Kenvue Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.10. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.67.
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 January 06, 2025, Upgraded its rating to Overweight and sets its target price to $26 from $21 previously.
On December 12, 2024, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $25 to $24.
On September 24, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $27.Jefferies initiated its Buy rating on September 24, 2024, with a $27 target price.
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 37961748480 and an Enterprise Value of 47533920256. As of this moment, Kenvue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.73, and their Forward P/E ratio for the next fiscal year is 15.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 3.075 whereas that against EBITDA is 13.762.
Stock Price History:
The Beta on a monthly basis for KVUE is 1.40, which has changed by 0.07294357 over the last 52 weeks, in comparison to a change of 0.20587826 over the same period for the S&P500. Over the past 52 weeks, KVUE has reached a high of $24.46, while it has fallen to a 52-week low of $17.67. The 50-Day Moving Average of the stock is -9.36%, while the 200-Day Moving Average is calculated to be -5.79%.
Shares Statistics:
For the past three months, KVUE has traded an average of 12.69M shares per day and 13499600 over the past ten days. A total of 1.92B shares are outstanding, with a floating share count of 1.92B. Insiders hold about 0.05% of the company’s shares, while institutions hold 98.83% stake in the company. Shares short for KVUE as of 1736899200 were 33419324 with a Short Ratio of 2.63, compared to 1734048000 on 39059885. Therefore, it implies a Short% of Shares Outstanding of 33419324 and a Short% of Float of 1.7500000000000002.
