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The latest update is out from WK Kellogg Co ( (KLG) ).
WK Kellogg Co has updated its preliminary second quarter 2025 Adjusted EBITDA results due to a non-cash error, maintaining its net sales range of $610 million to $615 million. The company announced a merger agreement with Ferrero International S.A., with the merger expected to close in the second half of 2025, pending shareholder and regulatory approvals. Additionally, a dividend of $0.165 per share was declared, payable on September 12, 2025.
The most recent analyst rating on (KLG) stock is a Sell with a $16.00 price target. To see the full list of analyst forecasts on WK Kellogg Co stock, see the KLG Stock Forecast page.
Spark’s Take on KLG Stock
According to Spark, TipRanks’ AI Analyst, KLG is a Neutral.
WK Kellogg Co’s score is primarily affected by financial performance challenges, notably high leverage and negative cash flow. While technical indicators show mixed signals, valuation concerns due to a high P/E ratio also weigh on the score. Strategic moves and consumer trends provide some optimism, but the current financial outlook remains cautious.
To see Spark’s full report on KLG stock, click here.
More about WK Kellogg Co
Average Trading Volume: 1,841,392
Technical Sentiment Signal: Buy
Current Market Cap: $1.99B
For detailed information about KLG stock, go to TipRanks’ Stock Analysis page.