Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $17.50 in the prior trading day, WK Kellogg Co (NYSE: KLG) closed at $16.32, down -6.74%. In other words, the price has decreased by -$6.74 from its previous closing price. On the day, 1.93 million shares were traded. KLG stock price reached its highest trading level at $16.89 during the session, while it also had its lowest trading level at $15.88.
Ratios:
Our goal is to gain a better understanding of KLG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.76.
On July 10, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $24 to $17.
Exane BNP Paribas Downgraded its Neutral to Underperform on May 08, 2024, while the target price for the stock was maintained at $20.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 15 ’24 when Gund G Zachary bought 55,000 shares for $17.20 per share. The transaction valued at 946,082 led to the insider holds 250,000 shares of the business.
Gund G Zachary bought 65,000 shares of KLG for $1,165,801 on Nov 12 ’24. The Director now owns 65,000 shares after completing the transaction at $17.94 per share. On Nov 14 ’24, another insider, Gund G Zachary, who serves as the Director of the company, bought 65,000 shares for $17.76 each. As a result, the insider paid 1,154,101 and bolstered with 195,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KLG now has a Market Capitalization of 1405563264 and an Enterprise Value of 1950563968. As of this moment, WK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.97, and their Forward P/E ratio for the next fiscal year is 10.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 4.44. Its current Enterprise Value per Revenue stands at 0.717 whereas that against EBITDA is 4.926.
Stock Price History:
Over the past 52 weeks, KLG has reached a high of $24.63, while it has fallen to a 52-week low of $12.32. The 50-Day Moving Average of the stock is -12.18%, while the 200-Day Moving Average is calculated to be -12.03%.
Shares Statistics:
The stock has traded on average 918.30K shares per day over the past 3-months and 687880 shares per day over the last 10 days, according to various share statistics. A total of 85.98M shares are outstanding, with a floating share count of 65.08M. Insiders hold about 24.43% of the company’s shares, while institutions hold 71.65% stake in the company. Shares short for KLG as of 1734048000 were 11670075 with a Short Ratio of 12.71, compared to 1731628800 on 10330575. Therefore, it implies a Short% of Shares Outstanding of 11670075 and a Short% of Float of 24.530001000000002.
Dividends & Splits
In the trailing 12 months, KLG’s forward annual dividend rate was 0.64, compared to 0.64 this year. Against a Trailing Annual Dividend Yield of 0.03657143
