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As of close of business last night, WK Kellogg Co’s stock clocked out at $19.80, down -0.20% from its previous closing price of $19.84. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 0.7 million shares were traded.
Ratios:
To gain a deeper understanding of KLG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 1.99 whereas as Long-Term Debt/Eq ratio is at 1.75.
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:
As of this moment, WK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.33, and their Forward P/E ratio for the next fiscal year is 11.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 5.38.
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 $14.36. The 50-Day Moving Average of the stock is 11.25%, while the 200-Day Moving Average is calculated to be 10.32%.
Shares Statistics:
A total of 86.10M shares are outstanding, with a floating share count of 62.29M. Insiders hold about 27.68% of the company’s shares, while institutions hold 79.81% stake in the company.
