Kenvue Inc (NYSE: KVUE) is -2.81% 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 $20.80 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $20.75, the stock is -2.12% and -7.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.81 million and changing -0.24% at the moment leaves the stock -0.92% off its SMA200. KVUE registered 0.19% gain for a year compared to 6-month gain of 13.82%. The firm has a 50-day simple moving average (SMA 50) of $22.4542 and a 200-day simple moving average (SMA200) of $20.93955.
The stock witnessed a -3.53% loss in the last 1 month and extending the period to 3 months gives it a -4.47%, and is -1.33% 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 2.09% over the week and 1.70% over the month.
Kenvue Inc (KVUE) has around 22000 employees, a market worth around $39.78B and $15.46B in sales. Current P/E ratio is 37.44 and Fwd P/E is 17.19. Profit margin for the company is 6.88%. Distance from 52-week low is 17.43% and -15.17% from its 52-week high. The company has generated returns on investments over the last 12 months (5.98%).
with sales reaching $3.78B over the same period.The EPS is expected to shrink by -11.46% this year, but quarterly earnings will post 0.82% year-over-year. Quarterly sales are estimated to grow 3.01% in year-over-year returns.
1341.0 institutions hold shares in Kenvue Inc (KVUE), with institutional investors hold 100.06% of the company’s shares. The shares outstanding are 1.92B, and float is at 1.92B with Short Float at 1.86%. Institutions hold 100.03% 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.
