Krispy Kreme Inc [DNUT] stock prices are down -0.41% to $9.69 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DNUT shares have lost -3.39% over the last week, with a monthly amount drifted -10.03%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On July 23, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $14 on the stock. Truist upgraded its rating to a Buy and increased its price target to $15 on June 10, 2024. Piper Sandler upgraded its rating to Overweight for this stock on April 05, 2024, and upped its price target to $20. In a note dated January 22, 2024, CapitalOne initiated an Equal Weight rating and provided a target price of $16 on this stock.
The stock price of Krispy Kreme Inc [DNUT] has been fluctuating between $9.18 and $17.84 over the past year. Currently, Wall Street analysts expect the stock to reach $14.67 within the next 12 months. Krispy Kreme Inc [NASDAQ: DNUT] shares were valued at $9.69 at the most recent close of the market. An investor can expect a potential return of 51.39% based on the average DNUT price forecast.
Analyzing the DNUT fundamentals
The Krispy Kreme Inc [NASDAQ:DNUT] reported sales of 1.71B for trailing twelve months, representing a drop of -6.75%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at 0.01%, 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 0.02 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.72.
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 9.51 points at the first support level, and at 9.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.95, and for the 2nd resistance point, it is at 10.22.
Ratios To Look Out For
It’s worth pointing out that Krispy Kreme Inc [NASDAQ:DNUT]’s Current Ratio is 0.35. As well, the Quick Ratio is 0.28, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 1.39 and price to earnings (TTM) ratio is 59.59.
Transactions by insiders
Recent insider trading involved McBride Kelly P, Chief Accounting Officer, that happened on Sep 16 ’24 when 16488.0 shares were sold. Officer, McBride Kelly P completed a deal on Sep 16 ’24 to buy 16488.0 shares. Meanwhile, Director Tattersfield Michael J. sold 100000.0 shares on Mar 11 ’24.
