How to Buy Krispy Kreme Stock
Krispy Kreme Inc
Krispy Kreme, Inc. , together with its subsidiaries, operates through an omni-channel business model to provide doughnut experiences and produce doughnuts. The company operates through three segments: U. S.
Krispy Kreme stock last closed at $13.68, down 0.65% from the previous day, and has decreased 6.62% in one year. It has underperformed other stocks in the Grocery Stores industry by 0.07 percentage points. Krispy Kreme stock is currently +18.75% from its 52-week low of $11.52, and -23.32% from its 52-week high of $17.84.
At the moment, there are 168.7M DNUT shares outstanding. The market value of DNUT is $2.31B. In the last 24 hours, 1.46M DNUT shares were traded.
How to Buy Krispy Kreme Stock
Not sure how to invest in Krispy Kreme stock? Here's how.
- Figure out where to buy Krispy Kreme stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Krispy Kreme stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your info.
- Analyze Krispy Kreme stock: The Krispy Kreme ticker symbol is DNUT. Is Krispy Kreme stock a good investment? Should you buy shares of DNUT? How do DNUT's underlying business fundamentals look? Do top analysts think Krispy Kreme is a good buy? Why has DNUT's stock price moved recently? (Hint: Our stock market research website can help you evaluate if DNUT is a good stock to buy).
- Place your DNUT purchase: Decide if you will purchase DNUT shares at the current market price or use a limit order to purchase DNUT stock at a specific price.
- Get the latest news on your investment in DNUT: Create a watchlist to watch your investment in Krispy Kreme shares.
Step 1: Figure out where to buy Krispy Kreme stock
You will need an online brokerage account to access the NASDAQ market and buy DNUT shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy DNUT stock today.
How to Set Up a New 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.
- Enter your personal info to create your new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best app for stock investing, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of depositing funds into your new brokerage account.
Step 4: Analyze Krispy Kreme stock
After you have decided on the best place to buy Krispy Kreme stock, it's very important to evaluate their stock before you invest, so you actually comprehend the risk and upside.
Krispy Kreme stock data
Fundamentals of Krispy Kreme
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on DNUT's stock page.
Is DNUT stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DNUT's fair value.
Using relative valuations ratios:
- DNUT may be undervalued based on its P/B ratio of 1.97x, relative to Grocery Stores industry P/B ratio of 3.19x
You can do more valuation research on DNUT's stock here.
Is DNUT a healthy company?
Cons:
- DNUT has a relatively high debt to equity ratio of 1.69.
- DNUT has cash burn of 75883000. It does not have enough cash and short-term investments to cover this.
- DNUT profit margin has gone down from -1% to -2.2% in the past year.
- DNUT has $38.61M in cash and short term investments. This is not enough to cover its annual cash burn of $75.88M.
- There are more long-term liabilities than short-term assets on the DNUT balance sheet.
- There are more short-term liabilities than short-term assets on the DNUT balance sheet.
Do analysts think it's a good time to buy DNUT stock
Out of 6 Equities analysts who give forecasts on DNUT, the consensus analyst rating on DNUT is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent DNUT Analyst Recommendations
Bill Chappell, a bottom 8% analyst from Truist Securities downgrades DNUT to a hold rating and lowers their DNUT price target from $20.00 to $13.00, on Oct 30, 2023.
You can dive deeper into what analysts are projecting on the Krispy Kreme stock forecast page.
DNUT Technicals
DNUT Growth Numbers
Last year, DNUT revenue was $1.69B. In the last five year, DNUT's revenue has increased by 16.2% per year. This was faster than the Grocery Stores industry average of 6.19%.
Dig into DNUT's earnings and revenue performance here.
Latest Insiders Trades at DNUT
Over the last 12 months, insiders at DNUT have sold more shares than they have bought.
Michael J. Tattersfield, Director of DNUT, was the latest DNUT insider to sell. They sold $1,282,100.00 worth of DNUT stock on Mar 11, 2024.
Get more info about who owns DNUT shares here.
Does DNUT provide a stable income stream?
No, Krispy Kreme doesn't provide an income stream by paying out dividends.
What others are saying about DNUT
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your DNUT purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Press the Open button and your broker will place your order.
If you need additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your investment in DNUT
Now that you own some DNUT shares, you'll want to keep up with your new company.
Make a watchlist to keep track of your DNUT stock.
DNUT Feed
How to Buy Stock in Krispy Kreme
To reiterate, here are the 6 steps to buy Krispy Kreme stock:
- Figure out where to buy Krispy Kreme stock
- Open your brokerage account
- Fund your brokerage account
- Analyze Krispy Kreme stock
- Place your DNUT purchase
- Get the latest news on your investment in DNUT
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your investment in Krispy Kreme, add DNUT to your watchlist by clicking the button below.
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