In yesterday’s Wall Street session, Kenvue Inc (NYSE:KVUE) shares traded at $22.64, down -1.44% from the previous session.
KVUE stock price is now 1.07% away from the 50-day moving average and 11.66% away from the 200-day moving average. The market capitalization of the company currently stands at $43.36B.
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With the price target of $27, Jefferies recently initiated with Buy rating for Kenvue Inc (NYSE: KVUE). On September 24, 2024, RBC Capital Mkts Downgraded its previous ‘Outperform’ rating to ‘Sector Perform’ on the stock keeping its target price maintained at $24, while ‘Citigroup’ rates the stock as ‘Neutral’
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 $23.55. 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 $50951389184, which is based on a 38.77 price-to-earnings ratio, a 37.00 price-to-earnings-growth ratio, and a beta of 1.35. The fifty day moving average price for KVUE is $22.4004 and a two-hundred day moving average price translates $20.2755 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.
