In the latest trading session, 0.4 million Krispy Kreme Inc (NASDAQ:DNUT) shares changed hands as the company’s beta touched 1.42. With the company’s most recent per share price at $5.47 changing hands around $0.06 or 1.16% at last look, the market valuation stands at $931.96M. DNUT’s current price is a discount, trading about -226.14% off its 52-week high of $17.84. The share price had its 52-week low at $5.30, which suggests the last value was 3.11% up since then. When we look at Krispy Kreme Inc’s average trading volume, we note the 10-day average is 3.7 million shares, with the 3-month average coming to 2.83 million.
Analysts gave the Krispy Kreme Inc (DNUT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.10. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended DNUT as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Krispy Kreme Inc’s EPS for the current quarter is expected to be -0.05.
Krispy Kreme Inc (NASDAQ:DNUT) trade information
Instantly DNUT is in green as seen in intraday trades today. With action 1.25%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -44.89%, with the 5-day performance at 1.25% in the green. However, in the 30-day time frame, Krispy Kreme Inc (NASDAQ:DNUT) is -35.99% down. Looking at the short shares, we see there were 22.02 million shares sold at short interest cover period of 6.47 days.
The consensus price target for the stock as assigned by Wall Street analysts is 15, meaning bulls need an upside of 63.53% from its recent market value. According to analyst projections, DNUT’s forecast low is 14 with 16 as the target high. To hit the forecast high, the stock’s price needs a -192.5% plunge from its current level, while the stock would need to soar -155.94% for it to hit the projected low.
Krispy Kreme Inc (DNUT) estimates and forecasts
Year-over-year growth is forecast to reach -1.96% down from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 385.11M. 7 analysts are of the opinion that Krispy Kreme Inc’s revenue for the current quarter will be 396.25M. The company’s revenue for the corresponding quarters a year ago was 442.7M and 438.81M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -13.01%. The estimates for the next quarter sales put growth at -9.70%.
DNUT Dividends
Krispy Kreme Inc is expected to release its next quarterly earnings report on 2025-Feb-24. The 2.56% annual yield figure for the share gives it an annual dividend of 0.14. It is important to note, however, that the 2.56% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Krispy Kreme Inc (NASDAQ:DNUT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 53.31% of Krispy Kreme Inc shares while 53.93% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 115.51%. There are 53.93% institutions holding the Krispy Kreme Inc stock share, with BAMCO INC /NY/ the top institutional holder. As of 2024-06-30, the company held 5.9468% of the shares, roughly 10.06 million DNUT shares worth $108.2 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.6676% or 7.87 million shares worth $84.72 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Baron Growth Fund and Baron Focused Growth Fund. With 5.96 shares estimated at $32.67 million under it, the former controlled 3.50% of total outstanding shares. On the other hand, Baron Focused Growth Fund held about 2.80% of the shares, roughly 4.77 shares worth around $26.14 million.
