In today’s recent session, 0.55 million shares of the Krispy Kreme Inc (NASDAQ:DNUT) have been traded, and its beta is 1.48. Most recently the company’s share price was $13.35, and it changed around -$0.29 or -2.13% from the last close, which brings the market valuation of the company to $2.25B. DNUT at last check was trading at a discount to its 52-week high of $17.84, offering almost -33.63% off that amount. The share price’s 52-week low was $11.52, which indicates that the recent value has risen by an impressive 13.71% since then. We note from Krispy Kreme Inc’s average daily trading volume that its 3-month average coming to 2.75 million.

Krispy Kreme Inc (NASDAQ:DNUT) trade information

Instantly DNUT has been showing red trend so far today with a performance of -2.13% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -11.53% year-to-date, but still down -6.71% over the last five days. On the other hand, Krispy Kreme Inc (NASDAQ:DNUT) is 8.54% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $18, which translates to bulls needing to increase their stock price by 25.83% from its current value. Analyst projections state that DNUT is forecast to be at a low of $13 and a high of $24.

Krispy Kreme Inc (DNUT) estimates and forecasts

Krispy Kreme Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 4.87 percent over the past six months and at a 3.70% annual growth rate that is well below the industry average of 4.10%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -33.30% in revenue this quarter, and will report a decrease of -14.30% in the next quarter. The year-over-year growth rate is expected to be 6.10%, up from the previous year.

Consensus estimates provided by 7 financial analysts predict the company will bring in an average of $434.1 million in revenue for the current quarter. 7 analysts expect Krispy Kreme Inc to make $441.13 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $418.95 million and $410.83 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 3.60%. Forecasts for the next quarter put sales growth at 7.40%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -24.46%. Krispy Kreme Inc earnings are expected to increase by 4.67% in 2024, but the outlook is positive 16.10% per year for the next five years.

DNUT Dividends

Krispy Kreme Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 1.05 percent and its annual dividend per share was 0.14. It is important to note, however, that the 1.05% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.