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Kellanova (K)
NYSE:K
Kellanova (K) Stock Price & Analysis
2,264 Followers
K Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$46.64 - $63.24
Previous Close$62.56
Volume322.12K
Average Volume (3M)3.36M
Market Cap
$21.17B
Enterprise Value$27.85B
Total Cash (Recent Filing)$274.00M
Total Debt (Recent Filing)$6.54B
Price to Earnings (P/E)23.4
Beta0.35
Next Earnings
Aug 01, 2024EPS Estimate
$0.91Next Dividend Ex-Date
Jun 03, 2024Dividend Yield3.69%
Share Statistics
EPS (TTM)2.67
Shares Outstanding341,883,645
10 Day Avg. Volume4,243,258
30 Day Avg. Volume3,363,725
Standard Deviation0.05
R-Squared0.17
Alpha0.00049
Financial Highlights & Ratios
Price to Book (P/B)-5.40
Price to Sales (P/S)19.62
Price to Cash Flow (P/CF)21.60
P/FCF Ratio40.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.12
Enterprise Value/Gross Profit6.50
Enterprise Value/Ebitda15.80
Forecast
1Y Price Target
$61.80Price Target Upside-0.18% Downside
Rating ConsensusHold
Number of Analyst Covering12
Kellanova News
Bulls Say, Bears Say
Bulls Say
Corporate StrategyKellanova completed the separation of its North America cereal business, enhancing its focus on a snacking oriented portfolio which is expected to drive stronger growth.
Earnings GrowthKellanova delivered a 4Q sales and EPS beat and reaffirmed 2024 EPS guidance, signaling confidence in the company's steady financial trajectory.
Financial PerformanceKellanova's portfolio has significant exposure to emerging markets, which are anticipated to contribute to higher sales growth due to favorable composite GDP growth rates.
Bears Say
Market DynamicsExpected uptick in Nigeria noodles elasticity and price sequentially stepping down.
Operational ChallengesClosing a plant in the US during an election year may bring unwarranted attention to the company.
Sales PerformanceNorth America sales were down with a notable decline in volume.
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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 $46.64 and its highest was $63.24 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 Aug 01, 2024 which is in 78 days.
How were Kellanova’s earnings last quarter?
Kellanova released its earnings results on May 02, 2024. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.847 by $0.193.
Is Kellanova overvalued?
According to Wall Street analysts Kellanova’s price is currently Overvalued.
Does Kellanova pay dividends?
Kellanova pays a Quarterly dividend of $0.56 which represents an annual dividend yield of 3.69%. See more information on Kellanova dividends here
What is Kellanova’s EPS estimate?
Kellanova’s EPS estimate is $0.91.
How many shares outstanding does Kellanova have?
Kellanova has 341,883,640 shares outstanding.
What happened to Kellanova’s price movement after its last earnings report?
Kellanova reported an EPS of $1.04 in its last earnings report, beating expectations of $0.847. Following the earnings report the stock price went up 7.547%.
Which hedge fund is a major shareholder of Kellanova?
Among the largest hedge funds holding Kellanova’s share is Southeastern Asset Management Inc. It holds Kellanova’s shares valued at 124M.
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Kellanova Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$61.80 (-0.18% Downside)
$61.80 (-0.18% Downside)
Blogger Sentiment
Bullish
K Sentiment 78%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 617.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $588.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days <0.1%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.03%
12-Months-Change
Fundamentals
Return on Equity
26.32%
Trailing 12-Months
Asset Growth
-17.79%
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
Q1 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
$61.80
▼(-0.18% Downside)
Technical Analysis
Best Analysts Covering K
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+11.43%
reiterated a buy rating 3 months ago
Copying Jason English's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +11.43% per trade.
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