The price of Kenvue Inc (NYSE:KVUE) shares last traded on Wall Street fell -0.49% to $22.21.
KVUE stock price is now -3.06% away from the 50-day moving average and 6.68% away from the 200-day moving average. The market capitalization of the company currently stands at $42.37B.
With the price target reduced from $25 to $24, Deutsche Bank Downgraded its rating from Buy to Hold for Kenvue Inc (NYSE: KVUE). On September 24, 2024, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $27, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’
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 $24.46. As of last week, the company has a debt-to-equity ratio of 0.83, a current ratio of 1.00, and a quick ratio of 0.69. According to the stock market information, the enterprise value for the company is $50352287744, which is based on a 40.08 price-to-earnings ratio, a 10.02 price-to-earnings-growth ratio, and a beta of 1.35. The fifty day moving average price for KVUE is $22.9104 and a two-hundred day moving average price translates $20.81875 for the stock.
The latest earnings results from Kenvue Inc (NYSE: KVUE) was released for 2024-09-29. The net profit margin was 6.88% and return on equity was 9.88% for KVUE. The company reported revenue of $3.9 billion for the quarter, compared to $3.92 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.41 percent.
