Kenvue shares (KVUE) are in focus Monday after the buyer well being agency ousted its CEO, Thibaut Mongon, and introduced a strategic evaluate geared toward optimizing the portfolio.
Kirk Perry would be the interim chief government as the corporate searches for a everlasting alternative, it confirmed in a press launch on July 14.
On the time of writing, Kenvue inventory is down greater than 13% versus its year-to-date excessive in Could.
Kenvue’s management shake-up and strategic evaluate might show meaningfully constructive for its inventory worth as they sign a proactive reset geared toward unlocking shareholder worth.
The corporate based mostly out of Summit, New Jersey appointed Kirk Perry, a seasoned government with deep expertise in client items and data-driven transformation, indicating utter dedication to operational self-discipline.
Plus, the board’s evaluate might result in model divestitures, price financial savings, and portfolio simplification, all of which can enhance margins and focus over time.
Merely put, the administration change and strategic evaluate introduced at this time positions KVUE shares for stronger execution and long-term progress.
Kenvue shares are at present buying and selling solely barely above the value at which they began this yr, weak spot that Jefferies analysts dubbed a possibility to purchase a high quality identify at a deep low cost of their newest analysis be aware.
In June, the funding agency referred to as KVUE a “self-help transformation story” because it reiterated its “Purchase” ranking on the buyer well being agency.
In response to Jefferies, enhancing retail tendencies and early restoration in key manufacturers like Neutrogena and Zyrtec might see KVUE inventory hitting $27 (up greater than 27% from right here) over the subsequent 12 months.
A fairly profitable 3.74% dividend yield makes up for an additional nice purpose to personal Kenvue within the second half of 2025.
Whereas not as bullish as Jefferies, different Wall Avenue corporations additionally advocate shopping for KVUE shares at present ranges.
In response to Barchart, the consensus ranking on Kenvue inventory at present sits at “Average Purchase” with the imply goal of $24.50 indicating potential upside of greater than 12% from right here.
On the date of publication, Wajeeh Khan didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com
