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The price of WK Kellogg Co (NYSE: KLG) closed at $19.05 in the last session, down -0.37% from day before closing price of $19.12. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 0.64 million shares were traded.
Ratios:
We take a closer look at KLG’s different ratios to gain a better understanding of the stock. 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 2.04 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 23.24, and their Forward P/E ratio for the next fiscal year is 10.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 5.17.
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 $14.37. The 50-Day Moving Average of the stock is 7.62%, while the 200-Day Moving Average is calculated to be 6.92%.
Shares Statistics:
A total of 86.10M shares are outstanding, with a floating share count of 62.36M. Insiders hold about 27.66% of the company’s shares, while institutions hold 79.74% stake in the company.
