How to Buy Kenvue Stock
Kenvue Inc
Kenvue is a household & personal product company located in New Jersey, United States, which is part of the Consumer Defensive sector, and is traded under the ticker KVUE on the NYSE exchange.
Kenvue stock last closed at $19.20, up 0.42% from the previous day, and has decreased 28.62% in one year. It has underperformed other stocks in the Household & Personal Products industry by 0.22 percentage points. Kenvue stock is currently +7.74% from its 52-week low of $17.82, and -30.92% from its 52-week high of $27.80.
As of May 3, 2024, there are 1.91B shares of KVUE outstanding. The market capitalization of KVUE is $36.76B. In the past 24 hours, 15.75M KVUE shares were traded.
How to Buy Kenvue Stock
Wondering how to invest in Kenvue stock? Here's how.
- Figure out where to buy Kenvue stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Kenvue stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your method of payment and add your details.
- Analyze Kenvue stock: The Kenvue ticker symbol is KVUE. Is Kenvue stock a good investment? Should you buy shares of KVUE? How do KVUE's underlying business fundamentals look? Do top analysts think Kenvue is a good buy? Why has KVUE's stock price moved recently? (Hint: Our stock market research website can help you evaluate if KVUE is a good stock to buy).
- Place your KVUE purchase: Decide if you will purchase KVUE shares at the current market price or use a limit order to purchase KVUE stock at a given price.
- Get notifications regarding your investment in KVUE: Create a watchlist to keep tabs on your investment in Kenvue stock.
Step 1: Figure out where to buy Kenvue stock
You will need an online brokerage account in order to access the NYSE market and buy KVUE stock.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you can buy KVUE today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on the best stock trading app, you can securely and quickly fund your account:
Check out the tutorial below to see the process of transferring funds into your new investment account.
Step 4: Analyze Kenvue stock
Once you have selected the best place to buy Kenvue stock, it's important to analyze their stock before you buy, so you truly understand the risk as well as the upside.
Kenvue Numbers
KVUE Zen Score
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on KVUE's stock page.
Is KVUE stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge KVUE's fair value.
Using relative valuations metrics:
- KVUE could be undervalued based on its P/E ratio of 21.33x, relative to Household & Personal Products industry P/E ratio of 28.85x
- KVUE could be undervalued based on its P/B ratio of 3.28x, relative to Household & Personal Products industry P/B ratio of 7.43x
You can do additional valuation research on KVUE's stock here.
KVUE Financials at a glance
Signs that KVUE is financially healthy:
- KVUE earnings of $2.44B is not sufficient to cover its interest payments.
- KVUE's operating cash flow of $3.17B allows it to safely service it's debt of $8.29B.
- There are more short-term assets than short-term liabilities on the KVUE balance sheet.
Signs that KVUE is not financially healthy:
- KVUE profit margin has gone down from 13.8% to 10.8% in the past year.
- KVUE has a relatively high debt to equity ratio of 1.48.
- There are more long-term liabilities than short-term assets on the KVUE balance sheet.
Is it a good time to buy KVUE stock, according to Wall Street analysts?
Out of 6 Wall Street analysts who give recommendations on KVUE, the consensus analyst rating on Kenvue is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent KVUE Analyst Upgrades/Downgrades
Korinne Wolfmeyer, a top 23% analyst from Piper Sandler initiates coverage on KVUE with a hold rating and announces their KVUE price target of $20.00, on Nov 17, 2023.
You can dig deeper into what analysts are forecasting on the Kenvue stock forecast page.
KVUE Technicals
Is KVUE Growing Revenue?
Last year, KVUE earnings were $1.66B. During the last 2 year, KVUE's earnings have grown by -13.76% per year. This was slower than the Household & Personal Products industry average of 3.83%.
Last year, KVUE revenue was $15.44B. During the last four year, KVUE's revenue has increased by 1.9% per year. This was slower than the Household & Personal Products industry average of 4.28%.
You can analyze KVUE's earnings and revenue performance here.
Who is buying/selling KVUE?
Over the last 12 months, insiders at KVUE have sold more shares than they have bought.
Luani Alvarado, Chief People Officer of KVUE, was the latest KVUE insider to sell. They sold $11,178.52 worth of KVUE shares on Feb 13, 2024.
Get more info about who owns KVUE shares here.
Can I rely on KVUE as an income stream?
No, Kenvue doesn't provide an income stream by paying out dividends.
KVUE Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your KVUE purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open button and eToro will execute the order.
If you require additional info about buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in KVUE
Now that you own some KVUE shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to keep track of your KVUE stock.
KVUE Feed
How to Buy Stock in Kenvue
To summarize, here are the 6 steps for buying Kenvue stock:
- Figure out where to buy Kenvue stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Kenvue stock
- Place your KVUE purchase
- Get notifications regarding your investment in KVUE
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Kenvue, add KVUE to your watchlist by clicking the button below.
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