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Krispy Kreme Doughnuts (NYSE:KKD)’s share price reached a new 52-week low during trading on Tuesday , Stock Ratings Network reports. The company traded as low as $15.62 and last traded at $15.89, with a volume of 435,663 shares traded. The stock had previously closed at $16.01.

A number of analysts have recently weighed in on KKD shares. Analysts at Wedbush cut their price target on shares of Krispy Kreme Doughnuts from $20.00 to $18.00 in a research note on Tuesday, June 3rd. Analysts at Sidoti upgraded shares of Krispy Kreme Doughnuts from a “neutral” rating to a “buy” rating in a research note on Thursday, May 1st. They now have a $22.00 price target on the stock. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Krispy Kreme Doughnuts presently has an average rating of “Buy” and a consensus price target of $22.07.

The stock’s 50-day moving average is $16.90 and its 200-day moving average is $17.96. The company has a market cap of $1.018 billion and a P/E ratio of 31.39.

Krispy Kreme Doughnuts (NYSE:KKD) last issued its quarterly earnings data on Monday, June 2nd. The company reported $0.23 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.23. The company had revenue of $121.60 million for the quarter, compared to the consensus estimate of $126.68 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. On average, analysts predict that Krispy Kreme Doughnuts will post $0.73 earnings per share for the current fiscal year.

Krispy Kreme Doughnuts, Inc (NYSE:KKD) is a retailer and wholesaler of doughnuts complementary beverages and treats and packaged sweets.

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