Kenvue Gross Profit vs Selling And Marketing Expenses Analysis

KVUE Stock   24.18  0.09  0.37%   
Kenvue financial indicator trend analysis is infinitely more than just investigating Kenvue Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kenvue Inc is a good investment. Please check the relationship between Kenvue Gross Profit and its Selling And Marketing Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kenvue Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Gross Profit vs Selling And Marketing Expenses

Gross Profit vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kenvue Inc Gross Profit account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kenvue's Gross Profit and Selling And Marketing Expenses is 0.91. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Kenvue Inc, assuming nothing else is changed. The correlation between historical values of Kenvue's Gross Profit and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Kenvue Inc are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Gross Profit i.e., Kenvue's Gross Profit and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Kenvue Inc minus its cost of goods sold. It is profit before Kenvue operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Selling And Marketing Expenses

Most indicators from Kenvue's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kenvue Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kenvue Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Kenvue's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 4.5 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.22.
 2021 2022 2023 2024 (projected)
Gross Profit8.4B8.3B8.6B9.0B
Total Revenue15.1B15.0B15.4B16.3B

Kenvue fundamental ratios Correlations

-0.970.77-0.51-0.57-0.540.610.610.550.710.760.550.52-0.90.77-0.660.520.76-0.920.360.620.36-0.160.150.790.78
-0.97-0.760.680.740.48-0.69-0.75-0.44-0.78-0.74-0.64-0.630.96-0.810.78-0.63-0.880.97-0.39-0.72-0.380.28-0.05-0.91-0.66
0.77-0.76-0.64-0.5-0.930.910.690.860.821.00.90.75-0.810.9-0.80.750.71-0.820.860.470.86-0.040.660.660.86
-0.510.68-0.640.950.42-0.86-0.99-0.19-0.84-0.6-0.86-0.890.83-0.730.96-0.89-0.940.8-0.63-0.74-0.620.52-0.04-0.88-0.2
-0.570.74-0.50.950.2-0.72-0.960.0-0.76-0.46-0.7-0.780.85-0.660.88-0.78-0.960.82-0.38-0.79-0.370.570.23-0.94-0.11
-0.540.48-0.930.420.2-0.8-0.46-0.96-0.67-0.94-0.81-0.630.55-0.730.61-0.63-0.430.56-0.92-0.25-0.93-0.1-0.89-0.34-0.85
0.61-0.690.91-0.86-0.72-0.80.870.640.840.90.990.86-0.810.91-0.920.860.83-0.80.890.530.88-0.170.50.760.6
0.61-0.750.69-0.99-0.96-0.460.870.250.890.650.870.91-0.890.75-0.980.910.97-0.860.630.80.62-0.550.050.910.28
0.55-0.440.86-0.190.0-0.960.640.250.510.890.640.42-0.440.66-0.420.420.26-0.470.780.090.790.280.90.210.93
0.71-0.780.82-0.84-0.76-0.670.840.890.510.780.880.97-0.910.68-0.960.970.88-0.90.720.880.73-0.60.30.780.51
0.76-0.741.0-0.6-0.46-0.940.90.650.890.780.880.71-0.780.9-0.770.710.67-0.790.860.420.860.020.690.630.89
0.55-0.640.9-0.86-0.7-0.810.990.870.640.880.880.91-0.780.84-0.930.910.8-0.760.930.570.92-0.260.540.710.56
0.52-0.630.75-0.89-0.78-0.630.860.910.420.970.710.91-0.810.63-0.961.00.84-0.790.780.830.78-0.630.310.710.35
-0.90.96-0.810.830.850.55-0.81-0.89-0.44-0.91-0.78-0.78-0.81-0.820.92-0.81-0.961.0-0.54-0.83-0.540.44-0.11-0.94-0.58
0.77-0.810.9-0.73-0.66-0.730.910.750.660.680.90.840.63-0.82-0.780.630.79-0.820.720.380.70.10.410.810.74
-0.660.78-0.80.960.880.61-0.92-0.98-0.42-0.96-0.77-0.93-0.960.92-0.78-0.96-0.950.89-0.74-0.81-0.730.53-0.23-0.87-0.42
0.52-0.630.75-0.89-0.78-0.630.860.910.420.970.710.911.0-0.810.63-0.960.84-0.790.780.830.78-0.630.310.710.35
0.76-0.880.71-0.94-0.96-0.430.830.970.260.880.670.80.84-0.960.79-0.950.84-0.940.520.830.51-0.5-0.020.980.38
-0.920.97-0.820.80.820.56-0.8-0.86-0.47-0.9-0.79-0.76-0.791.0-0.820.89-0.79-0.94-0.53-0.81-0.530.41-0.12-0.93-0.62
0.36-0.390.86-0.63-0.38-0.920.890.630.780.720.860.930.78-0.540.72-0.740.780.52-0.530.311.0-0.060.80.40.61
0.62-0.720.47-0.74-0.79-0.250.530.80.090.880.420.570.83-0.830.38-0.810.830.83-0.810.310.33-0.86-0.150.740.17
0.36-0.380.86-0.62-0.37-0.930.880.620.790.730.860.920.78-0.540.7-0.730.780.51-0.531.00.33-0.080.810.390.61
-0.160.28-0.040.520.57-0.1-0.17-0.550.28-0.60.02-0.26-0.630.440.10.53-0.63-0.50.41-0.06-0.86-0.080.34-0.380.29
0.15-0.050.66-0.040.23-0.890.50.050.90.30.690.540.31-0.110.41-0.230.31-0.02-0.120.8-0.150.810.34-0.120.7
0.79-0.910.66-0.88-0.94-0.340.760.910.210.780.630.710.71-0.940.81-0.870.710.98-0.930.40.740.39-0.38-0.120.39
0.78-0.660.86-0.2-0.11-0.850.60.280.930.510.890.560.35-0.580.74-0.420.350.38-0.620.610.170.610.290.70.39
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Kenvue Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Kenvue Inc is a strong investment it is important to analyze Kenvue's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kenvue's future performance. For an informed investment choice regarding Kenvue Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kenvue Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kenvue. If investors know Kenvue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kenvue listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
0.805
Earnings Share
0.55
Revenue Per Share
8.072
Quarterly Revenue Growth
(0)
The market value of Kenvue Inc is measured differently than its book value, which is the value of Kenvue that is recorded on the company's balance sheet. Investors also form their own opinion of Kenvue's value that differs from its market value or its book value, called intrinsic value, which is Kenvue's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kenvue's market value can be influenced by many factors that don't directly affect Kenvue's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kenvue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kenvue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kenvue's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.