Kenvue Inc (NYSE:KVUE) shares traded -1.18% lower at $20.85 on Wall Street last session.
KVUE stock price is now -8.10% away from the 50-day moving average and -0.43% away from the 200-day moving average. The market capitalization of the company currently stands at $39.97B.
With the price target enhanced from $21 to $26, Piper Sandler Upgraded its rating from Neutral to Overweight for Kenvue Inc (NYSE: KVUE). On December 12, 2024, Deutsche Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $25 to quote $24, while ‘Jefferies’ rates the stock as ‘Buy’
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 $47744819200, which is based on a 37.62 price-to-earnings ratio, a 9.41 price-to-earnings-growth ratio, and a beta of 1.40. The fifty day moving average price for KVUE is $22.6874 and a two-hundred day moving average price translates $20.941 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.
