Krispy Kreme Inc (NASDAQ: DNUT) is -49.65% lower on its value in year-to-date trading and has touched a low of $5.30 and a high of $16.05 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 $5.49 in the last trading session, with the day’s loss setting it -0.49%.
Currently trading at $5.00, the stock is -11.13% and -32.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.41 million and changing -8.93% at the moment leaves the stock -49.76% off its SMA200. DNUT registered -71.18% loss for a year compared to 6-month loss of -54.87%. The firm has a 50-day simple moving average (SMA 50) of $7.3767 and a 200-day simple moving average (SMA200) of $9.951775.
The stock witnessed a -19.35% gain in the last 1 month and extending the period to 3 months gives it a -48.40%, and is -9.09% 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 5.06% over the week and 5.54% over the month.
Krispy Kreme Inc (DNUT) has around 21000 employees, a market worth around $851.50M and $1.67B in sales. Current P/E ratio is 324.68 and Fwd P/E is 23.37. Profit margin for the company is 0.19%. Distance from 52-week low is -5.75% and -68.84% from its 52-week high. The company has generated returns on investments over the last 12 months (0.13%).
The EPS is expected to shrink by -47.28% this year.
Krispy Kreme Inc (DNUT) Top Institutional Holders
204.0 institutions hold shares in Krispy Kreme Inc (DNUT), with institutional investors hold 115.64% of the company’s shares. The shares outstanding are 170.06M, and float is at 83.33M with Short Float at 27.45%. Institutions hold 53.99% 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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Still, SEC filings show that on Sep 16 ’24, McBride Kelly P (Chief Accounting Officer) disposed off 16,488 shares at an average price of $12.13 for $0.2 million. The insider now directly holds 62,080 shares of Krispy Kreme Inc (DNUT).
