Kenvue Inc (NYSE: KVUE) is -1.12% lower on its value in year-to-date trading and has touched a low of $17.67 and a high of $24.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KVUE stock was last observed hovering at around $21.20 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $21.11, the stock is -3.31% and -7.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.74 million and changing -0.42% at the moment leaves the stock 0.83% off its SMA200. KVUE registered 1.00% gain for a year compared to 6-month gain of 15.67%. The firm has a 50-day simple moving average (SMA 50) of $22.8302 and a 200-day simple moving average (SMA200) of $20.9323.
The stock witnessed a -8.85% loss in the last 1 month and extending the period to 3 months gives it a -4.74%, and is -1.95% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.62% over the week and 1.98% over the month.
Kenvue Inc (KVUE) has around 22000 employees, a market worth around $40.32B and $15.46B in sales. Current P/E ratio is 38.09 and Fwd P/E is 17.37. Profit margin for the company is 6.88%. Distance from 52-week low is 19.47% and -13.70% from its 52-week high. The company has generated returns on investments over the last 12 months (5.98%).
The EPS is expected to shrink by -11.61% this year.
Kenvue Inc (KVUE) Top Institutional Holders
1339.0 institutions hold shares in Kenvue Inc (KVUE), with institutional investors hold 99.99% of the company’s shares. The shares outstanding are 1.92B, and float is at 1.92B with Short Float at 2.04%. Institutions hold 99.96% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 212.06 million shares valued at $3.86 billion. The investor’s holdings represent 11.0739% of the KVUE Shares outstanding. As of 2024-06-30, the second largest holder is PRICE T ROWE ASSOCIATES INC /MD/ with 177.12 million shares valued at $$3.22 billion to account for 9.2491 of the shares outstanding. The other top investors are FMR LLC which holds 134.84 million shares representing 7.0413% and valued at over $2.45 billion, while BLACKROCK INC. holds 6.4115 of the shares totaling 122.78 million with a market value of $2.23 billion.
Kenvue Inc (KVUE) Insider Activity
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