Kenvue Inc (NYSE: KVUE) is -2.06% 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 $20.58 in the last trading session, with the day’s gains setting it 0.33%.
Currently trading at $20.91, the stock is -0.10% and -3.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.92 million and changing 1.60% at the moment leaves the stock -0.60% off its SMA200. KVUE registered 8.17% gain for a year compared to 6-month loss of -0.52%. The firm has a 50-day simple moving average (SMA 50) of $21.694 and a 200-day simple moving average (SMA200) of $21.0269.
The stock witnessed a 0.29% gain in the last 1 month and extending the period to 3 months gives it a -8.97%, and is 0.48% up 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 3.16% over the week and 2.05% over the month.
Kenvue Inc (KVUE) has around 22000 employees, a market worth around $40.09B and $15.46B in sales. Current P/E ratio is 39.20 and Fwd P/E is 16.86. Profit margin for the company is 6.66%. Distance from 52-week low is 18.34% and -14.51% from its 52-week high. The company has generated returns on investments over the last 12 months (5.79%).
with sales reaching $3.68B over the same period.The EPS is expected to grow by 1.46% this year, but quarterly earnings will post 0.48% year-over-year. Quarterly sales are estimated to shrink -5.39% in year-over-year returns.
Kenvue Inc (KVUE) Top Institutional Holders
1345.0 institutions hold shares in Kenvue Inc (KVUE), with institutional investors hold 99.59% of the company’s shares. The shares outstanding are 1.92B, and float is at 1.91B with Short Float at 1.75%. Institutions hold 99.57% 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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