Krispy Kreme (DNUT) Stock Price, News & Analysis

Company Overview

Krispy Kreme, Inc., together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally. The company operates through three segments: U.S., International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivered fresh daily branded cabinets and merchandising units within grocery and convenience stores, quick service restaurants, club memberships, drug stores, and ecommerce, as well as through its branded sweet treat line comprising Krispy Kreme branded sweet treats. It also provides cookies under the Insomnia Cookies brand, cookie cakes, ice cream, cookie-wiches, and brownies; and operates Krispy Kreme company-owned shops and franchise shops. The company was formerly known as Krispy Kreme Doughnuts, Inc. and changed its name to Krispy Kreme, Inc. in May 2021. Krispy Kreme, Inc. was founded in 1937 and is based in Charlotte, North Carolina.

Key Stats

• Today's Range: $11.05 to $11.22
• 50-Day Range: $10.52 to $12.42
• 52-Week Range: $9.18 to $17.84
• Volume: 951,845 shs
• Average Volume: 1.83 million shs
• Market Capitalization: $1.90 billion
• P/E Ratio: 65.59
• Dividend Yield: 1.26%
• Price Target: $15.56
• Consensus Rating: Moderate Buy

Krispy Kreme Stock Analysis - MarketRank™

Krispy Kreme scored higher than 76% of companies evaluated by MarketBeat, and ranked 56th out of 140 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Krispy Kreme has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Krispy Kreme has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 100.00%

Earnings Growth

Earnings for Krispy Kreme are expected to grow by 100.00% in the coming year, from $0.08 to $0.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Krispy Kreme is 65.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Krispy Kreme is 65.59, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 24.22.

Price to Earnings Growth Ratio

Krispy Kreme has a PEG Ratio of 4.52. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Krispy Kreme has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

19.89% of the float of Krispy Kreme has been sold short.

Short Interest Ratio / Days to Cover

Krispy Kreme has a short interest ratio ("days to cover") of 11.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Krispy Kreme has recently decreased by 6.96%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Krispy Kreme pays a meaningful dividend of 1.27%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Krispy Kreme does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Krispy Kreme is 82.35%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Krispy Kreme will have a dividend payout ratio of 87.50% in the coming year. This indicates that Krispy Kreme may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

19.89% of the float of Krispy Kreme has been sold short.

Short Interest Ratio / Days to Cover

Krispy Kreme has a short interest ratio ("days to cover") of 11.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Krispy Kreme has recently decreased by 6.96%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.15

News Sentiment

Krispy Kreme has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Krispy Kreme this week, compared to 11 articles on an average week.

Search Interest

14 people have searched for DNUT on MarketBeat in the last 30 days. This is an increase of 1,300% compared to the previous 30 days.

MarketBeat Follows

7 people have added Krispy Kreme to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Krispy Kreme insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.30% of the stock of Krispy Kreme is held by insiders.

Percentage Held by Institutions

81.72% of the stock of Krispy Kreme is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DNUT Stock Analysis - Frequently Asked Questions

How have DNUT shares performed this year?

Krispy Kreme's stock was trading at $15.09 on January 1st, 2024. Since then, DNUT shares have decreased by 26.1% and is now trading at $11.15.
View the best growth stocks for 2024 here.

How were Krispy Kreme's earnings last quarter?

Krispy Kreme, Inc. (NASDAQ:DNUT) issued its quarterly earnings data on Thursday, August, 8th. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. The company's revenue was up 7.3% compared to the same quarter last year.

When did Krispy Kreme IPO?

Krispy Kreme (DNUT) raised $600 million in an IPO on Thursday, July 1st 2021. The company issued 26,666,667 shares at a price of $21.00-$24.00 per share.

Who are Krispy Kreme's major shareholders?

Krispy Kreme's top institutional investors include Bamco Inc. NY (6.17%), Banco Santander S.A. (4.08%), Geode Capital Management LLC (1.24%) and State Street Corp (1.14%). Insiders that own company stock include Michael J Tattersfield and Indulgence BV Jab.
View institutional ownership trends.

How do I buy shares of Krispy Kreme?

Shares of DNUT 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.
Compare Top Brokerages Here.

What other stocks do shareholders of Krispy Kreme own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Krispy Kreme investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 11/6 Dividend: 10/23/2024
• Dividend Payable: 11/06/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Food stores
• Sub-Industry: Retail
• Current Symbol: NASDAQ:DNUT
• CUSIP: N/A
• CIK: 1857154
• Web: www.krispykreme.com
• Phone: 800-457-4779
• Fax: N/A
• Employees: 22,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.56
• High Stock Price Target: $20.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +39.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.17
• Trailing P/E Ratio: 65.59
• Forward P/E Ratio: 139.38
• P/E Growth: 4.52
• Net Income: $-37,920,000.00
• Net Margins: 1.64%
• Pretax Margin: 1.44%
• Return on Equity: 0.53%
• Return on Assets: 0.21%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 0.35
• Quick Ratio: 0.28

Sales & Book Value

• Annual Sales: $1.69 billion
• Price / Sales: 1.12
• Cash Flow: $0.86 per share
• Price / Cash Flow: 12.91
• Book Value: $7.11 per share
• Price / Book: 1.57

Miscellaneous

• Outstanding Shares: 170,000,000
• Free Float: 160,990,000
• Market Cap: $1.90 billion
• Optionable: Optionable
• Beta: 1.39