Stick With Kenvue Inc (KVUE). The Bull Are Alive And Well

Currently, there are 1.92B common shares owned by the public and among those 1.91B shares have been available to trade.

The company’s stock has a 5-day price change of 0.40% and 24.96% over the past three months. KVUE shares are trading 5.57% year to date (YTD), with the 12-month market performance up to 20.39% higher. It has a 12-month low price of $17.67 and touched a high of $23.55 over the same period. KVUE has an average intraday trading volume of 15.91 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.19%, 0.92%, and 11.90% respectively.

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Institutional ownership of Kenvue Inc (NYSE: KVUE) shares accounts for 102.17% of the company’s 1.92B shares outstanding.

It has a market capitalization of $43.15B and a beta (3y monthly) value of 1.31. The stock’s trailing 12-month PE ratio is 38.93, while the earnings-per-share (ttm) stands at $0.58. The company has a PEG of 37.14 and a Quick Ratio of 0.68 with the debt-to-equity ratio at 0.85. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.73% over the week and 1.71% over the month.

Earnings per share for the fiscal year are expected to decrease by -11.61%, and 7.12% over the next financial year. EPS should shrink at an annualized rate of 1.05% over the next five years, compared to 3.41% over the past 5-year period.

Looking at the support for the KVUE, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on September 24, 2024, with the firm’s price target at $27. RBC Capital Mkts coverage for the Kenvue Inc (KVUE) stock in a research note released on September 24, 2024 offered a Sector Perform rating with a price target of $24. Citigroup was of a view on May 28, 2024 that the stock is Neutral, while Bernstein gave the stock Underperform rating on April 11, 2024, issuing a price target of $18. William Blair on their part issued Mkt Perform rating on April 03, 2024.

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