Krispy Kreme Inc (DNUT) Stock Down -3.31%: Latest Performance Analysis

Currently, Krispy Kreme Inc [DNUT] is trading at $14.31, down -3.31%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DNUT shares have lost -0.07% over the last week, with a monthly amount glided 20.66%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Krispy Kreme Inc [NASDAQ: DNUT] stock has seen the most recent analyst activity on April 05, 2024, when Piper Sandler upgraded its rating to a Overweight and also boosted its price target to $20 from $14. Previously, CapitalOne started tracking the stock with Equal Weight rating on January 22, 2024, and set its price target to $16. On November 20, 2023, downgrade downgraded it’s rating to Neutral but maintained its price target of $13 on the stock. Truist downgraded its rating to a Hold and decreased its price target to $13 on October 30, 2023. Piper Sandler initiated its recommendation with a Neutral and recommended $16 as its price target on June 14, 2023. Truist upgraded its rating to Buy for this stock on March 22, 2023, and upped its price target to $20. In a note dated January 17, 2023, Morgan Stanley downgraded an Equal-Weight rating on this stock.

This stock has fluctuated between a low of $11.52 and a high of $17.84 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Krispy Kreme Inc [NASDAQ: DNUT] shares were valued at $14.31 at the most recent close of the market. An investor can expect a potential return of 25.79% based on the average DNUT price forecast.

Analyzing the DNUT fundamentals

Trailing Twelve Months sales for Krispy Kreme Inc [NASDAQ:DNUT] were 1.69B which represents 11.44% growth. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.77.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.09 points at the first support level, and at 13.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.69, and for the 2nd resistance point, it is at 15.07.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Krispy Kreme Inc [NASDAQ:DNUT] is 0.33. Also, the Quick Ratio is 0.26, while the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 1.43, the price to book ratio is 2.06.

Transactions by insiders

Recent insider trading involved Tattersfield Michael J., Director, that happened on Mar 11 ’24 when 100000.0 shares were sold.

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