Kenvue (KVUE) Stock Price, News & Analysis

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kenvue in the last year. There are currently 1 sell rating, 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KVUE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KVUE, but not buy additional shares or sell existing shares.
View KVUE analyst ratings or view top-rated stocks.

16 Wall Street research analysts have issued twelve-month price targets for Kenvue's stock. Their KVUE share price targets range from $18.00 to $30.00. On average, they expect the company's stock price to reach $24.38 in the next year. This suggests a possible upside of 19.1% from the stock's current price.
View analysts price targets for KVUE or view top-rated stocks among Wall Street analysts.

Kenvue's stock was trading at $21.53 at the beginning of 2024. Since then, KVUE stock has decreased by 4.9% and is now trading at $20.47.
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Kenvue saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 27,800,000 shares, a decrease of 22.8% from the April 15th total of 36,030,000 shares. Based on an average daily volume of 17,630,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.6% of the company's shares are short sold.
View Kenvue's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our KVUE earnings forecast.

Kenvue Inc. (NYSE:KVUE) announced its earnings results on Tuesday, May, 7th. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.03. The company had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $3.79 billion. Kenvue had a trailing twelve-month return on equity of 21.06% and a net margin of 9.63%. The firm's revenue was down 24.9% compared to the same quarter last year.

Kenvue announced a quarterly dividend on Thursday, April 25th. Shareholders of record on Wednesday, May 8th will be paid a dividend of $0.20 per share on Wednesday, May 22nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date of this dividend is Tuesday, May 7th.
Read our dividend analysis for KVUE.

Kenvue (NYSE:KVUE) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.91%. The dividend payout ratio is 102.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KVUE will have a dividend payout ratio of 63.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KVUE.

ETFs with the largest weight of Kenvue (NYSE:KVUE) stock in their portfolio include Renaissance IPO ETF (IPO), Roundhill S&P Dividend Monarchs ETF (KNGS), Brookstone Growth Stock ETF (BAMG), TBG Dividend Focus ETF (TBG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), American Century Focused Large Cap Value ETF (FLV) and Fidelity Blue Chip Value ETF (FBCV).

Kenvue issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of 1.100-1.200 for the period, compared to the consensus estimate of 1.140. The company issued revenue guidance of $15.6 billion-$15.9 billion, compared to the consensus revenue estimate of $15.6 billion.

Kenvue (KVUE) raised $3.3 billion in an IPO on Thursday, May 4th 2023. The company issued 151,200,000 shares at $20.00-$23.00 per share. Goldman Sachs, J.P. Morgan, BofA Securities, Citigroup, Deutsche Bank Securities, BNP PARIBAS, HSBC, RBC Capital Markets and UBS Investment Bank acted as the underwriters for the IPO.

Kenvue's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.71%), Price T Rowe Associates Inc. MD (7.03%), JPMorgan Chase & Co. (3.57%), Bank of New York Mellon Corp (1.87%), Capital International Investors (1.19%) and Nordea Investment Management AB (0.61%).
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Shares of KVUE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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