Kenvue (KVUE) Stock Price, News & Analysis

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kenvue in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 6 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.

14 equities research analysts have issued twelve-month price objectives for Kenvue's shares. Their KVUE share price targets range from $18.00 to $28.00. On average, they expect the company's share price to reach $23.09 in the next twelve months. This suggests a possible upside of 26.6% 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 the year. Since then, KVUE shares have decreased by 15.3% and is now trading at $18.24.
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Kenvue saw a decrease in short interest during the month of May. As of May 31st, there was short interest totaling 29,700,000 shares, a decrease of 20.4% from the May 15th total of 37,300,000 shares. Based on an average daily volume of 20,370,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.6% of the company's stock 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) issued its earnings results on Tuesday, May, 7th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.03. The company earned $2.89 billion during the quarter, compared to analyst estimates of $3.79 billion. Kenvue had a trailing twelve-month return on equity of 21.06% and a net margin of 9.63%. The business's quarterly revenue was down 24.9% on a year-over-year basis.

Kenvue announced a quarterly dividend on Thursday, April 25th. Investors 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 4.39%. The ex-dividend date 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 4.40%. KVUE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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), TBG Dividend Focus ETF (TBG), Brookstone Growth Stock ETF (BAMG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), VanEck Morningstar Wide Moat ETF (MOAT) and VanEck Morningstar Wide Moat Value ETF (MVAL).

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 EPS 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 initial public offering on Thursday, May 4th 2023. The company issued 151,200,000 shares at a price of $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 retail and institutional investors. Top institutional shareholders include Modus Advisors LLC (0.01%), Transcend Capital Advisors LLC (0.00%), Davis Capital Management (0.00%), First Hawaiian Bank (0.00%), Park Place Capital Corp (0.00%) and GAMMA Investing LLC (0.00%).
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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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