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WK Kellogg Co (KLG)
:KLG
US Market
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WK Kellogg Co

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KLG Stock Chart & Stats

$23.00
$0.00(0.00%)
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Bulls Say, Bears Say

Bulls Say
AcquisitionWK Kellogg announced a definitive agreement to be acquired by Ferrero for $23/share in cash, representing a 40% premium to KLG's unaffected 30-day VWAP.
Market ExpansionFerrero's acquisition of WK Kellogg is expected to increase its U.S. retail sales significantly, showcasing a strategic expansion in the North American market.
Bears Say
Financial PerformanceWK Kellogg announced that 2Q sales and EBITDA both missed expectations, with sales down by 9% and EBITDA down by 42%.
ValuationThe transaction EV/EBITDA multiple is higher than the average forward EBITDA multiple of comparable companies, indicating a relatively high valuation.

WK Kellogg Co News

KLG FAQ

What was WK Kellogg Co’s price range in the past 12 months?
Currently, no data Available
What is WK Kellogg Co’s market cap?
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When is WK Kellogg Co’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were WK Kellogg Co’s earnings last quarter?
Currently, no data Available
Is WK Kellogg Co overvalued?
According to Wall Street analysts WK Kellogg Co’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
    Does WK Kellogg Co pay dividends?
    WK Kellogg Co does not currently pay dividends.
    What is WK Kellogg Co’s EPS estimate?
    WK Kellogg Co’s EPS estimate for its next earnings report is not yet available.
    How many shares outstanding does WK Kellogg Co have?
    Currently, no data Available
    What happened to WK Kellogg Co’s price movement after its last earnings report?
    Currently, no data Available
    Which hedge fund is a major shareholder of WK Kellogg Co?
    Currently, no hedge funds are holding shares in KLG

    Company Description

    WK Kellogg Co

    WK Kellogg Co (KLG) is a leading global company in the packaged foods industry, primarily focusing on the production and distribution of ready-to-eat cereals and convenient foods. With a rich heritage and strong brand presence, the company offers a wide range of products that cater to diverse consumer preferences. WK Kellogg Co operates in several key sectors, including breakfast cereals, snacks, and plant-based foods, emphasizing innovation, sustainability, and nutrition in its product offerings.

    WK Kellogg Co (KLG) Earnings & Revenues

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