Kenvue shares (KVUE) are in focus Monday after the buyer well being agency ousted its CEO, Thibaut Mongon, and introduced a strategic overview geared toward optimizing the portfolio.
Kirk Perry would be the interim chief govt as the corporate searches for a everlasting substitute, 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 Might.
Kenvue’s management shake-up and strategic overview might show meaningfully constructive for its inventory worth as they sign a proactive reset geared toward unlocking shareholder worth.
The corporate primarily based out of Summit, New Jersey appointed Kirk Perry, a seasoned govt with deep expertise in shopper items and data-driven transformation, indicating utter dedication to operational self-discipline.
Plus, the board’s overview 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 overview introduced as we speak positions KVUE shares for stronger execution and long-term progress.
Kenvue shares are presently buying and selling solely barely above the worth at which they began this yr, weak point that Jefferies analysts dubbed a possibility to purchase a high quality identify at a deep low cost of their newest analysis notice.
In June, the funding agency known as KVUE a “self-help transformation story” because it reiterated its “Purchase” ranking on the buyer well being agency.
In accordance with Jefferies, bettering retail developments 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 following 12 months.
A reasonably profitable 3.74% dividend yield makes up for one more nice purpose to personal Kenvue within the second half of 2025.
Whereas not as bullish as Jefferies, different Wall Road companies additionally advocate shopping for KVUE shares at present ranges.
In accordance with Barchart, the consensus ranking on Kenvue inventory presently sits at “Reasonable 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 printed on Barchart.com
