Currently, there are 1.92B common shares owned by the public and among those 1.92B shares have been available to trade.
The company’s stock has a 5-day price change of -1.08% and -1.64% over the past three months. KVUE shares are trading -1.78% year to date (YTD), with the 12-month market performance down to -3.67% lower. It has a 12-month low price of $17.67 and touched a high of $24.46 over the same period. KVUE has an average intraday trading volume of 13.66 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 -2.47%, -7.42%, and 0.14% respectively.
Institutional ownership of Kenvue Inc (NYSE: KVUE) shares accounts for 99.83% of the company’s 1.92B shares outstanding.
It has a market capitalization of $40.20B and a beta (3y monthly) value of 1.39. The stock’s trailing 12-month PE ratio is 37.84, while the earnings-per-share (ttm) stands at $0.55. The company has a PEG of 9.46 and a Quick Ratio of 0.69 with the debt-to-equity ratio at 0.83. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.90% over the week and 1.87% over the month.
Earnings per share for the fiscal year are expected to decrease by -11.39%, and 6.27% over the next financial year. EPS should grow at an annualized rate of 4.00% 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. Piper Sandler stated their Overweight rating for the stock in a research note on January 06, 2025, with the firm’s price target at $21-$26. Deutsche Bank coverage for the Kenvue Inc (KVUE) stock in a research note released on December 12, 2024 offered a Hold rating with a price target of $24. Jefferies was of a view on September 24, 2024 that the stock is Buy, while RBC Capital Mkts gave the stock Sector Perform rating on September 24, 2024, issuing a price target of $24. Citigroup on their part issued Neutral rating on May 28, 2024.
