Kenvue Inc [KVUE] stock prices are down -2.40% to $21.51 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The KVUE shares have lost -3.20% over the last week, with a monthly amount drifted -9.32%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Kenvue Inc [NYSE: KVUE] stock has seen the most recent analyst activity on December 12, 2024, when Deutsche Bank downgraded its rating to a Hold and also revised its price target to $24 from $25. Previously, Jefferies started tracking the stock with Buy rating on September 24, 2024, and set its price target to $27. On September 24, 2024, downgrade downgraded it’s rating to Sector Perform but maintained its price target of $24 on the stock. Bernstein initiated its recommendation with a Underperform and recommended $18 as its price target on April 11, 2024.
The stock price of Kenvue Inc [KVUE] has been fluctuating between $17.67 and $24.46 over the past year. Currently, Wall Street analysts expect the stock to reach $24.75 within the next 12 months. Kenvue Inc [NYSE: KVUE] shares were valued at $21.51 at the most recent close of the market. An investor can expect a potential return of 15.06% based on the average KVUE price forecast.
Analyzing the KVUE fundamentals
The Kenvue Inc [NYSE:KVUE] reported sales of 15.46B for trailing twelve months, representing a drop of -0.38%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.1 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.
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 21.26 points at the first support level, and at 21.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.96, and for the 2nd resistance point, it is at 22.42.
Ratios To Look Out For
It’s worth pointing out that Kenvue Inc [NYSE:KVUE]’s Current Ratio is 1.00. Further, the Quick Ratio stands at 0.69, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 2.67, the price to book ratio is 3.87 and price to earnings (TTM) ratio is 38.81.
