Kenvue (KVUE) Stock Price

Financial Performance

The financial performance of Kenvue has been on a decline. The company's revenue is down by -6.1% from the previous quarter and -6% YoY, indicating a slowdown in sales. Gross profit also shows a downward trend, decreasing by -9.3% QoQ and -7.7% YoY, which might suggest increasing costs or lower pricing power. With an operating income that has dropped significantly both QoQ (-26.1%) and YoY (-34.4%), the company's ability to generate profits from its operations seems to be weakening.

Stock Price

Kenvue’s stock price is currently at $22.09, showing a decrease of -3.2% over the last month, which indicates bearish market sentiment towards this stock. The RSI value at 38.24 suggests that the stock is nearing oversold territory while being below its 200-day moving average of $21.82 could indicate a bearish trend for the stock.

Alternative Data Signals

In terms of alternative data signals, there are mixed indications about Kenvue's outlook: website traffic trends show an increase MoM (+8%), but are down YoY (-9%). Job postings have slightly decreased MoM (-2%) indicating potentially slower growth or cost-cutting measures ahead; however, employee business outlook reports are neutral with slight positive growth MoM (+2%). On social media platforms like Twitter and Facebook, follower counts have seen significant increases (up by 11%, and up by 110%, respectively) over the last three months.

Conclusion

In conclusion, while there are some positive signs in alternative data signals such as web traffic and social media followers, the overall financial performance and stock price trends paint a bearish picture for Kenvue's stock. The company is facing declining revenues and profits, along with a falling stock price. Therefore, based on this analysis, Kenvue's stock is rated as 4 out of 10.

Note: This AI Stock Analysis is based on data as of April 13. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Kenvue (KVUE), currently trading at $22.94, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.