Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
WK Kellogg Co (KLG)
NYSE:KLG
Holding KLG?
Track your performance easily
KLG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.66 - $24.63
Previous Close$18.12
Volume807.30K
Average Volume (3M)1.13M
Market Cap
$1.56B
Enterprise Value$2.00B
Total Cash (Recent Filing)$44.00M
Total Debt (Recent Filing)$491.00M
Price to Earnings (P/E)13.0
Beta-0.21
Next Earnings
Nov 06, 2024EPS Estimate
$0.26Last Dividend Ex-Date
Aug 29, 2024Dividend Yield3.52%
Share Statistics
EPS (TTM)1.40
Shares Outstanding85,901,439
10 Day Avg. Volume904,782
30 Day Avg. Volume1,127,678
Standard Deviation0.19
R-Squared0.02
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)4.63
Price to Sales (P/S)1.13
Price to Cash Flow (P/CF)14.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.98
Enterprise Value/Gross Profit2.66
Enterprise Value/Ebitda31.80
Forecast
1Y Price Target
$17.40Price Target Upside-5.33% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering5
WK Kellogg Co News
Bulls Say, Bears Say
Bulls Say
Management StrategyManagement believes they can execute their plan without labor disruption, with union arrangements in place until October 2026.
Margin ExpansionKLG continues to expect the supply chain investments to unlock margin expansion, targeting a ~14% exit rate for ‘26.
Sales PerformancePrice/mix driven sales beat drives 2Q24 upside.
Bears Say
Competitor PerformanceCommentary and results from main competitor in US Cereal General Mills (GIS) was not constructive with its Cereal business down -4% YoY.
Market PerformanceMarket share slipped 50 bps vs year ago due to weaker Special K and Bear Naked consumption as well as the price-pack architecture.
Sales GuidanceWK Kellogg lowered sales guidance for 2024 to the low end of their -1% to +1% range owing to sluggish trends in the breakfast cereal category.
---
Ownership Overview
0.81% Insiders
14.68% Mutual Funds
48.04% Other Institutional Investors
36.47% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
KLG FAQ
What was WK Kellogg Co’s price range in the past 12 months?
WK Kellogg Co lowest stock price was $9.65 and its highest was $24.63 in the past 12 months.
What is WK Kellogg Co’s market cap?
Currently, no data Available
When is WK Kellogg Co’s upcoming earnings report date?
WK Kellogg Co’s upcoming earnings report date is Nov 06, 2024 which is in 47 days.
How were WK Kellogg Co’s earnings last quarter?
WK Kellogg Co released its earnings results on Aug 06, 2024. The company reported $0.489 earnings per share for the quarter, beating the consensus estimate of $0.415 by $0.074.
Is WK Kellogg Co overvalued?
According to Wall Street analysts WK Kellogg Co’s price is currently Overvalued.
Does WK Kellogg Co pay dividends?
WK Kellogg Co pays a Annually dividend of $0.16 which represents an annual dividend yield of 3.52%. See more information on WK Kellogg Co dividends here
What is WK Kellogg Co’s EPS estimate?
WK Kellogg Co’s EPS estimate is $0.26.
How many shares outstanding does WK Kellogg Co have?
WK Kellogg Co has 85,901,436 shares outstanding.
What happened to WK Kellogg Co’s price movement after its last earnings report?
WK Kellogg Co reported an EPS of $0.489 in its last earnings report, beating expectations of $0.415. Following the earnings report the stock price went down -6.965%.
Which hedge fund is a major shareholder of WK Kellogg Co?
Among the largest hedge funds holding WK Kellogg Co’s share is Gamco Investors, Inc. ET AL. It holds WK Kellogg Co’s shares valued at 8M.
---
WK Kellogg Co Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$17.40 (-5.33% Downside)
$17.40 (-5.33% Downside)
Blogger Sentiment
Bullish
KLG Sentiment 71%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 72.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Company Description
WK Kellogg Co
WK Kellogg Co is a leading food company in the U.S., Canada, and Caribbean with a deep heritage of innovation and operational success, supported by its portfolio of trusted, beloved brands, includingKellogg¿s,Frosted Flakes,Froot Loops,Mini-Wheats,Special K,Raisin Bran,Rice Krispies,Corn Flakes,Kashi, andBear Naked, that have delighted consumers for more than a century.
---
KLG Company Deck
---
KLG Earnings Call
Q2 2024
0:00 / 0:00
---
KLG Stock 12 Month Forecast
Average Price Target
$17.40
▼(-5.33% Downside)
Technical Analysis
Best Analysts Covering KLG
1 Year
1 Year Success Rate
2/6 ratings generated profit
1 Year Average Return
-17.55%
reiterated a sell rating last month
Copying Andrew Lazar's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -17.55% per trade.
---