Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Kenvue Inc (NYSE: KVUE) closed at $19.13 down -1.24% from its previous closing price of $19.37. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 22.71 million shares were traded. KVUE stock price reached its highest trading level at $19.35 during the session, while it also had its lowest trading level at $19.105.
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 26.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.57. 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.
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 this company, Bernstein on April 11, 2024, initiated with a Underperform rating and assigned the stock a target price of $18.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 36627251200 and an Enterprise Value of 43670949888. As of this moment, Kenvue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.95, and their Forward P/E ratio for the next fiscal year is 15.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 3.27. Its current Enterprise Value per Revenue stands at 2.828 whereas that against EBITDA is 12.233.
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 -3.42%, while the 200-Day Moving Average is calculated to be -8.74%.
Shares Statistics:
For the past three months, KVUE has traded an average of 16.37M shares per day and 15923180 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 89.13% stake in the company. Shares short for KVUE as of 1711584000 were 34598087 with a Short Ratio of 2.11, compared to 1709164800 on 24912913. Therefore, it implies a Short% of Shares Outstanding of 34598087 and a Short% of Float of 17.44.
Dividends & Splits
According to the company, the forward annual dividend rate for KVUE is 0.40, from 0.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02065049
