Krispy Kreme Inc (NASDAQ: DNUT) is -54.88% lower on its value in year-to-date trading and has touched a low of $3.91 and a high of $13.55 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 $4.32 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $4.48, the stock is -1.01% and -23.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.5 million and changing 3.70% at the moment leaves the stock -52.26% off its SMA200. DNUT registered -67.16% loss for a year compared to 6-month loss of -61.35%. The firm has a 50-day simple moving average (SMA 50) of $5.9401 and a 200-day simple moving average (SMA200) of $9.412875.
The stock witnessed a -19.86% gain in the last 1 month and extending the period to 3 months gives it a -48.51%, and is 10.62% 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 5.67% over the week and 7.10% over the month.
Krispy Kreme Inc (DNUT) has around 21000 employees, a market worth around $735.70M and $1.67B in sales. Current P/E ratio is 290.91 and Fwd P/E is 20.70. Profit margin for the company is 0.19%. Distance from 52-week low is 14.58% and -66.93% from its 52-week high. The company has generated returns on investments over the last 12 months (0.13%).
with sales reaching $384.3M over the same period.The EPS is expected to shrink by -49.56% this year, but quarterly earnings will post -2.19% year-over-year. Quarterly sales are estimated to shrink -13.19% in year-over-year returns.
205.0 institutions hold shares in Krispy Kreme Inc (DNUT), with institutional investors hold 116.70% of the company’s shares. The shares outstanding are 170.06M, and float is at 84.73M with Short Float at 26.63%. Institutions hold 54.22% 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 4.6563 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
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).
