Kenvue Inc (NYSE: KVUE) on Friday, plunged -0.87% from the previous trading day, before settling in for the closing price of $21.72. Within the past 52 weeks, KVUE’s price has moved between $17.67 and $24.46.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Defensive Sector giant saw their annual sales surged by 1.93% over the last five years. The company achieved an average annual earnings per share of -11.61%. With a float of $1.92 billion, this company’s outstanding shares have now reached $1.92 billion.
The firm has a total of 22000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 57.72%, operating margin of 16.58%, and the pretax margin is 9.22%.
Kenvue Inc (KVUE) Insider Activity
Observing investor behavior towards Household & Personal Products industry stocks is more important than anything else. The insider ownership of Kenvue Inc is 0.03%, while institutional ownership is 99.78%.
Kenvue Inc (KVUE) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.00% during the next five years compared to 3.41% growth over the previous five years of trading.
Kenvue Inc (NYSE: KVUE) Trading Performance Indicators
Kenvue Inc (KVUE) is currently performing well based on its current performance indicators. A quick ratio of 0.69 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.65. Likewise, its price to free cash flow for the trailing twelve months is 29.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.55, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.21 in one year’s time.
Technical Analysis of Kenvue Inc (KVUE)
Analysing the last 5-days average volume posted by the [Kenvue Inc, KVUE], we can find that recorded value of 12.23 million was lower than the volume posted last year of 17.43 million. As of the previous 9 days, the stock’s Stochastic %D was 20.39%. Additionally, its Average True Range was 0.47.
During the past 100 days, Kenvue Inc’s (KVUE) raw stochastic average was set at 27.65%, which indicates a significant increase from 8.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.79% in the past 14 days, which was lower than the 19.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.91, while its 200-day Moving Average is $20.91. Now, the first resistance to watch is $21.71. This is followed by the second major resistance level at $21.90. The third major resistance level sits at $21.99. If the price goes on to break the first support level at $21.44, it is likely to go to the next support level at $21.35. Should the price break the second support level, the third support level stands at $21.16.
Kenvue Inc (NYSE: KVUE) Key Stats
Market capitalization of the company is 40.92 billion based on 1,917,257K outstanding shares. Right now, sales total 15,444 M and income totals 1,664 M. The company made 3,899 M in profit during its latest quarter, and 383,000 K in sales during its previous quarter.
