The stock of Kenvue Inc (NYSE:KVUE) last traded at $21.35, up 0.80% from the previous session.
KVUE stock price is now -6.76% away from the 50-day moving average and 2.05% away from the 200-day moving average. The market capitalization of the company currently stands at $41.26B.
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 $48703447040, which is based on a 38.52 price-to-earnings ratio, a 9.63 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for KVUE is $22.8976 and a two-hundred day moving average price translates $20.9219 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. For the current quarter, analysts expect KVUE to generate $3.79B in revenue.
