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Kellanova (K)
NYSE:K
Holding K?
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K Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$47.63 - $80.97
Previous Close$80.65
Volume2.46M
Average Volume (3M)3.85M
Market Cap
$27.74B
Enterprise Value$34.09B
Total Cash (Recent Filing)$272.00M
Total Debt (Recent Filing)$6.50B
Price to Earnings (P/E)30.6
Beta0.23
Next Earnings
Oct 31, 2024EPS Estimate
$0.85Last Dividend Ex-Date
Sep 03, 2024Dividend Yield2.83%
Share Statistics
EPS (TTM)2.63
Shares Outstanding342,287,795
10 Day Avg. Volume2,537,891
30 Day Avg. Volume3,851,550
Standard Deviation0.07
R-Squared0.09
Alpha0.00518
Financial Highlights & Ratios
Price to Book (P/B)8.35
Price to Sales (P/S)2.42
Price to Cash Flow (P/CF)18.40
P/FCF Ratio23.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.98
Enterprise Value/Gross Profit7.96
Enterprise Value/Ebitda20.42
Forecast
1Y Price Target
$79.47Price Target Upside-1.46% Downside
Rating ConsensusHold
Number of Analyst Covering16
Kellanova News
Bulls Say, Bears Say
Bulls Say
AcquisitionMars announced it entered into a definitive agreement to acquire Kellanova for $83.50 per share in cash, or $35.9B including net leverage.
Regulatory ApprovalThe lack of significant antitrust risk makes the deal likely to be consummated as planned.
Strategic SynergiesMars would significantly expand its snacking business by pushing into salty / others outside of its existing chocolate and sugar confectionary.
Bears Say
EarningsAdjusted gross margins of 36.5% were below the estimate by approximately 15 basis points.
Financial PerformanceThe company's organic sales, excluding the highly volatile AMEA division, remained muted at only 0.9% and below the estimate of 1.7%.
Operating EnvironmentStubborn foreign exchange and inflationary headwinds are creating a more difficult operating environment in Latin America and AMEA.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Kellanova
Desktop Users
Mobile Users
K FAQ
What was Kellanova’s price range in the past 12 months?
Kellanova lowest stock price was $47.63 and its highest was $80.97 in the past 12 months.
What is Kellanova’s market cap?
Currently, no data Available
When is Kellanova’s upcoming earnings report date?
Kellanova’s upcoming earnings report date is Oct 31, 2024 which is in 42 days.
How were Kellanova’s earnings last quarter?
Kellanova released its earnings results on Aug 01, 2024. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.9 by $0.13.
Is Kellanova overvalued?
According to Wall Street analysts Kellanova’s price is currently Overvalued.
Does Kellanova pay dividends?
Kellanova pays a Quarterly dividend of $0.57 which represents an annual dividend yield of 2.83%. See more information on Kellanova dividends here
What is Kellanova’s EPS estimate?
Kellanova’s EPS estimate is $0.85.
How many shares outstanding does Kellanova have?
Kellanova has 343,946,960 shares outstanding.
What happened to Kellanova’s price movement after its last earnings report?
Kellanova reported an EPS of $1.03 in its last earnings report, beating expectations of $0.9. Following the earnings report the stock price went up 6.702%.
Which hedge fund is a major shareholder of Kellanova?
Among the largest hedge funds holding Kellanova’s share is Yacktman Asset Management LP. It holds Kellanova’s shares valued at 124M.
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Kellanova Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$79.47 (-1.46% Downside)
$79.47 (-1.46% Downside)
Blogger Sentiment
Bullish
K Sentiment 80%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 1.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days <0.1%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.30%
12-Months-Change
Fundamentals
Return on Equity
25.71%
Trailing 12-Months
Asset Growth
-15.48%
Trailing 12-Months
Company Description
Kellanova
Kellogg Co. engages in the manufacturing, marketing, and distribution of ready-to-eat cereal and convenience foods. It markets cookies, crackers, crisps, and other convenience foods, under brands such as Kellogg's, Keebler, Cheez-It, Pringles, Murray, Austin and Famous Amos, to supermarkets in the U.S. It operates through the following seven segments: North America, Europe, Latin America, and AMEA. The North America segment includes U.S. Frozen, Kashi company, and RX businesses. The Europe segment consists of European countries. The Latin America segment comprises of Central America and Mexico. The AMEA segment consists of Africa, Middle East, Australia and other Asian and Pacific markets. The company was founded by Will Keith Kellogg in 1906 and is headquartered in Battle Creek, MI.
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K Company Deck
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K Earnings Call
Q2 2024
0:00 / 0:00
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K Net sales Breakdown
61.77% Snacks
20.85% Cereal
9.04% Noodles and other
8.34% Frozen
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K Stock 12 Month Forecast
Average Price Target
$79.47
▼(-1.46% Downside)
Technical Analysis
Best Analysts Covering K
1 Year
1 Year Success Rate
3/3 ratings generated profit
1 Year Average Return
+42.23%
assigned a buy rating 4 months ago
Copying Taylor Conrad's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +42.23% per trade.
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