Stock Market Recap: Kenvue Inc (KVUE) Concludes at 18.11, a -1.25 Surge/Decline

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After finishing at $18.34 in the prior trading day, Kenvue Inc (NYSE: KVUE) closed at $18.11, down -1.25%. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 14.17 million shares were traded. KVUE stock price reached its highest trading level at $18.39 during the session, while it also had its lowest trading level at $18.09.

Ratios:

Our goal is to gain a better understanding of KVUE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.67.

On April 11, 2024, Bernstein started tracking the stock assigning a Underperform rating and target price of $18.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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.

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 34677211136 and an Enterprise Value of 42659631104. As of this moment, Kenvue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.27, and their Forward P/E ratio for the next fiscal year is 14.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 17.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 3.26. Its current Enterprise Value per Revenue stands at 2.755 whereas that against EBITDA is 11.856.

Stock Price History:

The Beta on a monthly basis for KVUE is 1.37, which has changed by -0.26078194 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, KVUE has reached a high of $25.61, while it has fallen to a 52-week low of $17.67. The 50-Day Moving Average of the stock is -4.81%, while the 200-Day Moving Average is calculated to be -8.63%.

Shares Statistics:

The stock has traded on average 22.39M shares per day over the past 3-months and 21233090 shares per day over the last 10 days, according to various share statistics. A total of 1.92B shares are outstanding, with a floating share count of 1.91B. Insiders hold about 0.03% of the company’s shares, while institutions hold 92.63% stake in the company. Shares short for KVUE as of 1719532800 were 36084661 with a Short Ratio of 1.61, compared to 1717113600 on 29704513. Therefore, it implies a Short% of Shares Outstanding of 36084661 and a Short% of Float of 1.8900000000000001.

Dividends & Splits

In the trailing 12 months, KVUE’s forward annual dividend rate was 0.6, compared to 0.80 this year. Against a Trailing Annual Dividend Yield of 0.032715376

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