Nothing is Better Than Kenvue Inc (KVUE) stock at the moment

With 23.28 million shares changed hands, the volume of the stock remained heavier than its average volume of 17.39 million shares. The 52-week range on KVUE shows that it touched its highest point at $24.46 and its lowest point at $17.67 during that stretch. It currently has a 1-year price target of $24.10. With its current market cap of 45.36 billion, KVUE has annualized dividend of $0.81 while the current yield stands at 3.45%. Beta for the stock currently stands at 0.97.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KVUE was up-trending over the past week, with a rise of 2.29%, but this was up by 0.08% over a month. Three-month performance surged to 11.35% while six-month performance rose 3.28%. The stock gained 25.41% in the past year, while it has gained 10.73% so far this year. A look at the trailing 12-month EPS for KVUE yields 0.54 with Next year EPS estimates of 1.23. For the next quarter, that number is 0.23. This implies an EPS growth rate of 0.65% for this year and 7.01% for next year. EPS is expected to grow by 4.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.66%.

Float and Shares Shorts:

At present, 1.92 billion KVUE shares are outstanding with a float of 1.92 billion shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KVUE since 6 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.16198 being high and $1.13193 being low. For KVUE, this leads to a yearly average estimate of $1.14195.