Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, WK Kellogg Co’s stock clocked out at $17.00, up 2.91% from its previous closing price of $16.52. In other words, the price has increased by $2.91 from its previous closing price. On the day, 0.8 million shares were traded. KLG stock price reached its highest trading level at $17.05 during the session, while it also had its lowest trading level at $16.43.
Ratios:
To gain a deeper understanding of KLG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.00. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1464128384 and an Enterprise Value of 2009129088. As of this moment, WK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.85, and their Forward P/E ratio for the next fiscal year is 11.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 4.63. Its current Enterprise Value per Revenue stands at 0.739 whereas that against EBITDA is 5.074.
Stock Price History:
The Beta on a monthly basis for KLG is 1.44, which has changed by 0.2581874 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. 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 -7.18%, while the 200-Day Moving Average is calculated to be -7.16%.
Shares Statistics:
It appears that KLG traded 1.02M shares on average per day over the past three months and 839390 shares per day over the past ten days. A total of 85.98M shares are outstanding, with a floating share count of 60.75M. Insiders hold about 29.46% of the company’s shares, while institutions hold 71.31% stake in the company. Shares short for KLG as of 1736899200 were 11955286 with a Short Ratio of 11.71, compared to 1734048000 on 11670075. Therefore, it implies a Short% of Shares Outstanding of 11955286 and a Short% of Float of 25.129997999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.64, KLG has a forward annual dividend rate of 0.64. Against a Trailing Annual Dividend Yield of 0.038740918
