Kenvue Inc (NYSE:KVUE) shares traded -0.42% lower at $21.55 on Wall Street last session.
KVUE stock price is now 13.85% away from the 50-day moving average and 8.85% away from the 200-day moving average. The market capitalization of the company currently stands at $41.27B.
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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 $0.55 million. A total of 0.08% 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 $24.10. As of last week, the company has a debt-to-equity ratio of 0.85, 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 $48863854592, which is based on a 36.91 price-to-earnings ratio, a 25.11 price-to-earnings-growth ratio, and a beta of 1.30. The fifty day moving average price for KVUE is $18.9918 and a two-hundred day moving average price translates $19.81055 for the stock.
The latest earnings results from Kenvue Inc (NYSE: KVUE) was released for 2024-06-30. The net profit margin was 7.23% and return on equity was 10.55% for KVUE. The company reported revenue of $4.0 billion for the quarter, compared to $4.01 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.27 percent.
