Kenvue Inc (NYSE:KVUE) has a beta value of 1.36 and has seen 13.65 million shares traded in the last trading session. The company, currently valued at $42.33B, closed the last trade at $22.10 per share which meant it gained $0.15 on the day or 0.68% during that session. The KVUE stock price is -5.57% off its 52-week high price of $23.33 and 20.05% above the 52-week low of $17.67. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.61 million shares traded. The 3-month trading volume is 18.40 million shares.
The consensus among analysts is that Kenvue Inc (KVUE) is Buy stock at the moment, with a recommendation rating of 2.33. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 6 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.28.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Kenvue Inc (NYSE:KVUE) trade information
Sporting 0.68% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the KVUE stock price touched $22.10 or saw a rise of 0.63%. Year-to-date, Kenvue Inc shares have moved 2.65%, while the 5-day performance has seen it change 0.64%. Over the past 30 days, the shares of Kenvue Inc (NYSE:KVUE) have changed 17.43%. Short interest in the company has seen 44.75 million shares shorted with days to cover at 2.5.
Wall Street analysts have a consensus price target for the stock at $20.5, which means that the shares’ value could drop -7.8% from current levels. The projected low price target is $18.0 while the price target rests at a high of $29.0. In that case, then, we find that the current price level is -31.22% off the targeted high while a plunge would see the stock lose 18.55% from current levels.
Kenvue Inc (KVUE) estimates and forecasts
Figures show that Kenvue Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 16.56% over the past 6 months, with this year growth rate of -16.28%, compared to 4.60% for the industry. Revenue growth from the last financial year stood is estimated to be 1.60%.
11 analysts offering their estimates for the company have set an average revenue estimate of 3.96B for the current quarter. 11 have an estimated revenue figure of 3.84B for the next ending quarter. Year-ago sales stood 3.92B and 3.67B respectively for this quarter and the next, and analysts expect sales will grow by 1.20% for the current quarter and 1.60% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 3.41% over the past 5 years. Earnings growth for 2024 is a modest -11.49% while over the next 5 years, the company’s earnings are expected to increase by 1.47%.
KVUE Dividends
Kenvue Inc is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.81 at a share yield of 3.64%. The company’s dividend yield has gone up over the past 12 months.
Kenvue Inc (NYSE:KVUE)’s Major holders
Insiders own 0.02% of the company shares, while shares held by institutions stand at 99.23% with a share float percentage of 99.25%. Investors are also buoyed by the number of investors in a company, with Kenvue Inc having a total of 1311.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 212.06 million shares worth more than $3.86 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.0739% of shares outstanding.
The other major institutional holder is PRICE T ROWE ASSOCIATES INC /MD/, with the holding of over 177.12 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.22 billion and represent 9.2491% of shares outstanding.
