Krispy Kreme Inc [DNUT] fell -21.07% so far this year. What now?

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Krispy Kreme Inc [NASDAQ: DNUT] closed the trading session at $11.91.

The stocks have a year to date performance of -21.07 percent and weekly performance of -7.10 percent. The stock has been moved at -7.10 percent over the last six months. The stock has performed -16.77 percent around the most recent 30 days and changed -9.50 percent over the most recent 3-months.

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If compared to the average trading volume of 3.17M shares, DNUT reached to a volume of 4333357 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Krispy Kreme Inc [DNUT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DNUT shares is $16.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DNUT stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Piper Sandler have made an estimate for Krispy Kreme Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 05, 2024. While these analysts kept the previous recommendation, CapitalOne raised their target price to Equal Weight. The new note on the price target was released on January 22, 2024, representing the official price target for Krispy Kreme Inc stock. Previously, the target price had yet another raise to $13, while JP Morgan analysts kept a Neutral rating on DNUT stock. On October 30, 2023, analysts decreased their price target for DNUT shares from 20 to 13.

The Average True Range (ATR) for Krispy Kreme Inc is set at 0.51, with the Price to Sales ratio for DNUT stock in the period of the last 12 months amounting to 1.18. The Price to Book ratio for the last quarter was 1.74, with the Price to Cash per share for the same quarter was set at 0.20.

DNUT stock trade performance evaluation

Krispy Kreme Inc [DNUT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.10. With this latest performance, DNUT shares dropped by -16.77% in over the last four-week period, additionally sinking by -7.10% over the last 6 months – not to mention a drop of -21.07% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DNUT stock in for the last two-week period is set at 33.27, with the RSI for the last a single of trading hit 26.27, and the three-weeks RSI is set at 38.07 for Krispy Kreme Inc [DNUT]. The present Moving Average for the last 50 days of trading for this stock 13.36, while it was recorded at 12.58 for the last single week of trading, and 13.35 for the last 200 days.

Krispy Kreme Inc [DNUT]: An insightful look at the core fundamentals

Krispy Kreme Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.27 and a Current Ratio set at 0.36.

Earnings per share (EPS) analysis for Krispy Kreme Inc [DNUT] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DNUT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Krispy Kreme Inc go to 16.10%.

Krispy Kreme Inc [DNUT]: Institutional Ownership

The top three institutional holders of DNUT stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in DNUT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in DNUT stock with ownership which is approximately 5.8386%.