In today’s recent session, 0.47 million shares of the Krispy Kreme Inc (NASDAQ:DNUT) have been traded, and its beta is 1.41. Most recently the company’s share price was $5.59, and it changed around $0.0 or 0.00% from the last close, which brings the market valuation of the company to $951.98M. DNUT at last check was trading at a discount to its 52-week high of $17.84, offering almost -219.14% off that amount. The share price’s 52-week low was $5.30, which indicates that the recent value has risen by an impressive 5.19% since then. We note from Krispy Kreme Inc’s average daily trading volume that its 10-day average is 3.16 million shares, with the 3-month average coming to 2.85 million.
Krispy Kreme Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 2.10. If we narrow it down even further, the data shows that 1 out of 11 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 3 recommended DNUT as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.
Krispy Kreme Inc (NASDAQ:DNUT) trade information
The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.74 on recent trading dayincreased the stock’s daily price by 2.61%. The company’s shares are currently down -43.71% year-to-date, but still down -2.27% over the last five days. On the other hand, Krispy Kreme Inc (NASDAQ:DNUT) is -38.77% down in the 30-day period. We can see from the shorts that 22.02 million shares have been sold at a short interest cover period of 6.47 day(s).
The consensus price target as assigned by Wall Street analysts is $15, which translates to bulls needing to increase their stock price by 62.73% from its current value. Analyst projections state that DNUT is forecast to be at a low of $14 and a high of $16.
DNUT Dividends
Krispy Kreme Inc’s next quarterly earnings report is expected to be released on 2025-Feb-24. The annual dividend yield of the stock is 2.50 percent and its annual dividend per share was 0.14. It is important to note, however, that the 2.50% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Krispy Kreme Inc (NASDAQ:DNUT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 53.31% of Krispy Kreme Inc shares, and 53.99% of them are in the hands of institutional investors. The stock currently has a share float of 115.64%. Krispy Kreme Inc stock is held by 203.0 institutions, with BAMCO INC /NY/ being the largest institutional investor. By 2024-06-30, it held 5.9468% of the shares, which is about 10.06 million shares worth $108.2 million.
VANGUARD GROUP INC, with 4.6676% or 7.87 million shares worth $84.72 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
BARON GROWTH FUND and Baron Focused Growth Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 5.96 shares worth $33.21 million, making up 3.50% of all outstanding shares. On the other hand, Baron Focused Growth Fund held roughly 4.77 shares worth around $26.57 million, which represents about 2.80% of the total shares outstanding.
