There is little time left for Kenvue Inc (KVUE) to reach its 1-year target estimate. How soon will it surpass it?

Kenvue Inc (NYSE:KVUE) shares traded -0.10% lower at $19.35 on Wall Street last session.

In accordance with the data, 14 analysts cover Kenvue Inc (NYSE:KVUE). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $27.00 and a low of $20.00, we find $25.00. Given the previous closing price of $19.37, this indicates a potential upside of 29.07 percent. KVUE stock price is now -5.78% away from the 50-day moving average and -17.12% away from the 200-day moving average. The market capitalization of the company currently stands at $37.05B.

It has been rated a hold by 5 analysts and a buy by 7. Brokers who have rated the stock have averaged $24.00 as their price target over the next twelve months.

With the price target maintained at $27, Deutsche Bank recently Upgraded its rating from Hold to Buy for Kenvue Inc (NYSE: KVUE).

In other news, ALLISON RICHARD E JR, Director bought 5,598 shares of the company’s stock on Aug 30. 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 $0.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 11, Director ALLISON RICHARD E JR bought 20,000 shares of the business’s stock. A total of $525,232 was incurred on buying the stock at an average price of $26.26. This leaves the insider owning 20,000 shares of the company worth $0.39 million. Insiders disposed of 1,533,830,450 shares of company stock worth roughly $29.68 billion over the past 1 year. A total of 9.61% of the company’s stock is owned by insiders.

Kenvue Inc (NYSE: KVUE) opened at $19.46 on Monday. During the past 12 months, Kenvue Inc has had a low of $17.82 and a high of $27.80. As of last week, the company has a debt-to-equity ratio of 0.77, a current ratio of 1.14, and a quick ratio of 0.78. The fifty day moving average price for KVUE is $20.54 and a two-hundred day moving average price translates $23.35 for the stock.

The latest earnings results from Kenvue Inc (NYSE: KVUE) was released for Sep, 2023. According to the Household & Personal Products Company, earnings per share came in at $0.32, beating analysts’ expectations of $0.3 by 0.02. This compares to $0.34 EPS in the same period last year. The company reported revenue of $3.92 billion for the quarter, compared to $3.79 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.33 percent. For the current quarter, analysts expect KVUE to generate $3.91B in revenue.

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