Krispy Kreme Inc (NASDAQ: DNUT) is -46.02% lower on its value in year-to-date trading and has touched a low of $5.30 and a high of $17.84 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 DNUT stock was last observed hovering at around $5.35 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $5.36, the stock is -22.07% and -34.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.74 million and changing 0.19% at the moment leaves the stock -47.47% off its SMA200. DNUT registered -57.59% loss for a year compared to 6-month loss of -52.36%. The firm has a 50-day simple moving average (SMA 50) of $8.1719 and a 200-day simple moving average (SMA200) of $10.204625.
The stock witnessed a -37.09% gain in the last 1 month and extending the period to 3 months gives it a -46.98%, and is -13.83% 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 6.21% over the week and 6.63% over the month.
Krispy Kreme Inc (DNUT) has around 21000 employees, a market worth around $912.81M and $1.67B in sales. Current P/E ratio is 348.05 and Fwd P/E is 25.06. Profit margin for the company is 0.19%. Distance from 52-week low is 1.04% and -69.96% from its 52-week high. The company has generated returns on investments over the last 12 months (0.13%).
with sales reaching $385.11M over the same period.The EPS is expected to shrink by -47.28% this year, but quarterly earnings will post -1.96% year-over-year. Quarterly sales are estimated to shrink -13.01% in year-over-year returns.
Krispy Kreme Inc (DNUT) Top Institutional Holders
204.0 institutions hold shares in Krispy Kreme Inc (DNUT), with institutional investors hold 115.54% of the company’s shares. The shares outstanding are 170.06M, and float is at 83.33M with Short Float at 26.43%. Institutions hold 53.94% of the Float.
The top institutional shareholder in the company is BAMCO INC /NY/ with over 10.06 million shares valued at $108.2 million. The investor’s holdings represent 5.9468% of the DNUT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.87 million shares valued at $84.72 million to account for 4.6676 of the shares outstanding. The other top investors are HSBC HOLDINGS PLC which holds 7.07 million shares representing 4.1825% and valued at over $74.19 million, while BANCO SANTANDER, S.A. holds 4.0777 of the shares totaling 6.9 million with a market value of $74.19 million.
Krispy Kreme Inc (DNUT) Insider Activity
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Krispy Kreme Inc disclosed in a document filed with the SEC on Sep 16 ’24 that McBride Kelly P (Chief Accounting Officer) sold a total of 16,488 shares of the company’s common stock. The trade occurred on Sep 16 ’24 and was made at $12.13 per share for $0.2 million. Following the transaction, the insider now directly holds 62080.0 shares of the DNUT stock.
Still, SEC filings show that on Sep 16 ’24, McBride Kelly P (Officer) Proposed Sale 16,488 shares at an average price of $12.13 for $0.2 million. The insider now directly holds shares of Krispy Kreme Inc (DNUT).
