The stock of Kenvue Inc (NYSE:KVUE) last traded at $18.11, down -1.25% from the previous session.
KVUE stock price is now -4.81% away from the 50-day moving average and -8.63% away from the 200-day moving average. The market capitalization of the company currently stands at $34.68B.
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On April 11, 2024, Bernstein recently initiated its ‘Underperform’ rating on the stock quoting a target price of $18, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, ALLISON RICHARD E JR, Director bought 5,598 shares of the company’s stock on Aug 30 ’23. The stock was bought for $128,524 at an average price of $22.96. Upon completion of the transaction, the Director now directly owns 25,598 shares in the company, valued at $0.46 million. A total of 0.03% of the company’s stock is owned by insiders.
During the past 12 months, Kenvue Inc has had a low of $17.67 and a high of $25.61. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 0.99, and a quick ratio of 0.68. According to the stock market information, the enterprise value for the company is $42659631104, which is based on a 23.27 price-to-earnings ratio, a 17.37 price-to-earnings-growth ratio, and a beta of 1.37. The fifty day moving average price for KVUE is $19.0258 and a two-hundred day moving average price translates $19.82055 for the stock.
The latest earnings results from Kenvue Inc (NYSE: KVUE) was released for 2024-03-31. The net profit margin was 9.63% and return on equity was 9.65% for KVUE. The company reported revenue of $3.89 billion for the quarter, compared to $3.85 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.09 percent.
