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Krispy Kreme (DNUT, $14.04) beats revenue estimates, misses earnings forecast by a cent
Shares of Krispy Kreme rose after hours Tuesday following second quarter revenue that surpassed analysts’ expectations. Earnings, however, fell a cent short of estimates.
The donut company’s second quarter revenue rose +42.6% from the year-ago quarter to $349.2 million , compared to analysts’ expectations of $333.4 million.
Earnings came in at 13 cents per share, vs. analysts’ estimates of 14 cents per share.
Revenue in the U.S. and Canada increased $230.9 million compared to $184.3 million in the prior-year quarter. International net revenue grew to $89.2 million from $34.4 million a year ago.
For the full year, the company projects revenue in the range of $1.34 billion to $1.38 billion, while analysts forecast was $1.34 billion.
DNUT's Stochastic Oscillator drives into overbought zone
The Stochastic Indicator for DNUT moved into overbought territory on May 16, 2022. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Current price $14.44 crossed the resistance line at $14.37 and is trading between $14.67 resistance and $14.37 resistance lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a +8% Uptrend. During the week of 05/09/22 - 05/16/22, the stock enjoyed a +16% Uptrend growth.
The 10-day Moving Average for DNUT crossed bearishly below the 50-day moving average on April 07, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 1 of 1 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DNUT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.
DNUT broke above its upper Bollinger Band on May 13, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for DNUT entered a downward trend on May 09, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Momentum Indicator moved above the 0 level on May 13, 2022. You may want to consider a long position or call options on DNUT as a result. In 15 of 16 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 90%.
The Moving Average Convergence Divergence (MACD) for DNUT just turned positive on May 13, 2022. Looking at past instances where DNUT's MACD turned positive, the stock continued to rise in 7 of 9 cases over the following month. The odds of a continued upward trend are 78%.
DNUT moved above its 50-day Moving Average on May 13, 2022 date and that indicates a change from a downward trend to an upward trend.
Following a +14.05% 3-day Advance, the price is estimated to grow further. Considering data from situations where DNUT advanced for three days, in 25 of 36 cases, the price rose further within the following month. The odds of a continued upward trend are 69%.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 76%. During the last month, the daily ratio of advancing to declining volumes was 1.52 to 1.
The Tickeron PE Growth Rating for this company is 100 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DNUT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 64, placing this stock worse than average.
The Tickeron Price Growth Rating for this company is 43 (best 1 - 100 worst), indicating steady price growth. DNUT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 40 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 31 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.963) is normal, around the industry mean (12.066). DNUT has a moderately low P/E Ratio (0.000) as compared to the industry average of (22.492). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.477). DNUT has a moderately low Dividend Yield (0.007) as compared to the industry average of (0.026). P/S Ratio (1.541) is also within normal values, averaging (63.550).
The food retail industry includes companies that sell food, beverage and household products. Items sold include grocery, gourmet food, fresh produce, and frozen food. Kroger Co., George Weston Ltd., Grocery Outlet Holding Corp., and Sprouts Farmers Markets, Inc. are examples of major food retailers. While e-commerce companies like Amazon have increasingly been ramping-up offerings in the food retail space, several traditional players have also been expanding their online presence to stand their ground against rising competition.
The average market capitalization across the Food Retail Industry is 10.1B. The market cap for tickers in the group ranges from 30.4K to 39B. SVNDF holds the highest valuation in this group at 39B. The lowest valued company is QKLS at 30.4K.
The average weekly price growth across all stocks in the Food Retail Industry was 1.14%. For the same Industry, the average monthly price growth was -6.2%, and the average quarterly price growth was -8.9%. DDL experienced the highest price growth at 19.05%, while OMHI experienced the biggest fall at -7.63%.
- 5/14/22 4:23 AM: Krispy Kreme (DNUT, $14.45) was a top weekly gainer, with a +10.14% jump
- 3/19/22 4:49 AM: Krispy Kreme (DNUT, $14.39) was a top weekly gainer, with a +6.2% jump
- 3/8/22 8:37 AM: Krispy Kreme (DNUT, $13.94) was a top loser this week, declining -6.51%
The average weekly volume growth across all stocks in the Food Retail Industry was -18.57%. For the same stocks of the Industry, the average monthly volume growth was -18.99% and the average quarterly volume growth was 50.27%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the Aroon Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 37%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.01.
11 stocks in the group of tickers confirmed the negative outlook based on the Declines indicator with average odds of 73%.
The average market capitalization across the group is 4.2B. The market cap for tickers in the group ranges from 0 to 43.2B. SYY holds the highest valuation in this group at 43.2B. The lowest valued company is RVRC at 0.
The average weekly price growth across all stocks in the group was 1.24%. For the same group, the average monthly price growth was -6.33%, and the average quarterly price growth was -11.74%. DNUT experienced the highest price growth at 15.52%, while GRCLF experienced the biggest fall at -6.22%.
- 5/14/22 4:23 AM: Krispy Kreme (DNUT, $14.45) was a top weekly gainer, with a +10.14% jump
- 5/11/22 7:46 AM: Mycotopia Therapies (TPIA, $1.8) was a top weekly gainer, with a +18.42% jump. Expect an Uptrend reversal
- 5/10/22 5:36 AM: US Foods Holding (USFD, $34.62) was a top loser this week, declining -8.97%
The average weekly volume growth across all stocks in the group was -48.91%. For the same stocks of the group, the average monthly volume growth was -45.62% and the average quarterly volume growth was 96.97%
- 4/28/22 5:53 AM: The volume for Chefs' Warehouse (The) stock increased for one day, resulting in a record-breaking daily growth of 209% of the 65-Day Volume Moving Average
- 4/27/22 5:28 AM: The volume for SpartanNash stock increased for one day, resulting in a record-breaking daily growth of 263% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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