The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $80.30 in the prior trading day, Kellanova Co (NYSE: K) closed at $80.59, up 0.36%. In other words, the price has increased by $0.36 from its previous closing price. On the day, 4.54 million shares were traded. K stock price reached its highest trading level at $80.6 during the session, while it also had its lowest trading level at $80.27.
Ratios:
Our goal is to gain a better understanding of K 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 101.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.06. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 1.97 whereas as Long-Term Debt/Eq ratio is at 1.67.
On August 12, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $75.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on August 05, 2024, whereas the target price for the stock was revised from $62 to $76.
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 Aug 21 ’24 when KELLOGG W K FOUNDATION TRUST sold 77,800 shares for $80.32 per share. The transaction valued at 6,249,098 led to the insider holds 50,675,238 shares of the business.
KELLOGG W K FOUNDATION TRUST sold 77,800 shares of K for $6,227,517 on Aug 14 ’24. The 10% Owner now owns 50,753,038 shares after completing the transaction at $80.05 per share. On Aug 07 ’24, another insider, KELLOGG W K FOUNDATION TRUST, who serves as the Owner of approximately 20% of of the company, bought 311,200 shares for $74.01 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, K now has a Market Capitalization of 27718688768 and an Enterprise Value of 33876973568. As of this moment, Kellanova’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.63, and their Forward P/E ratio for the next fiscal year is 20.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 8.33. Its current Enterprise Value per Revenue stands at 2.642 whereas that against EBITDA is 17.868.
Stock Price History:
Over the past 52 weeks, K has reached a high of $80.52, while it has fallen to a 52-week low of $47.62. The 50-Day Moving Average of the stock is 29.31%, while the 200-Day Moving Average is calculated to be 40.08%.
Shares Statistics:
The stock has traded on average 3.61M shares per day over the past 3-months and 9217220 shares per day over the last 10 days, according to various share statistics. A total of 340.59M shares are outstanding, with a floating share count of 289.45M. Insiders hold about 15.84% of the company’s shares, while institutions hold 73.67% stake in the company. Shares short for K as of 1722384000 were 11472149 with a Short Ratio of 3.18, compared to 1719532800 on 12331143. Therefore, it implies a Short% of Shares Outstanding of 11472149 and a Short% of Float of 4.0700004.
Dividends & Splits
In the trailing 12 months, K’s forward annual dividend rate was 2.28, compared to 2.28 this year. Against a Trailing Annual Dividend Yield of 0.028393524The stock’s 5-year Average Dividend Yield is 3.62.
