Stocks of Kenvue Inc (NYSE:KVUE) traded higher last session on Wall Street, up 2.63% to $23.41.
KVUE stock price is now 7.01% away from the 50-day moving average and 9.37% away from the 200-day moving average. The market capitalization of the company currently stands at $44.74B.
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’
In other news, Lawson Carlton, Group President EMEA & LA sold 17,100 shares of the company’s stock on Mar 13 ’25. The stock was sold for $393,813 at an average price of $23.03. Upon completion of the transaction, the Group President EMEA & LA now directly owns 56,316 shares in the company, valued at $1.32 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 13 ’25, Officer Lawson Carlton bought 17,100 shares of the business’s stock. A total of $393,871 was incurred on buying the stock at an average price of $23.03. A total of 0.07% 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 0.90, a current ratio of 0.96, and a quick ratio of 0.69. According to the stock market information, the enterprise value for the company is $52391145472, which is based on a 43.73 price-to-earnings ratio, a 8.38 price-to-earnings-growth ratio, and a beta of 1.10. The fifty day moving average price for KVUE is $21.8772 and a two-hundred day moving average price translates $21.40415 for the stock.
The latest earnings results from Kenvue Inc (NYSE: KVUE) was released for 2024-12-29. The net profit margin was 6.66% and return on equity was 9.87% for KVUE. The company reported revenue of $3.66 billion for the quarter, compared to $3.67 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.11 percent.
