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NYSE:KLG

WK Kellogg (KLG) Stock Price, News & Analysis

$18.04
-0.47 (-2.54%)
(As of 05:26 PM ET)
Today's Range
$17.90
$18.78
50-Day Range
$15.61
$18.52
52-Week Range
$9.65
$24.63
Volume
870,963 shs
Average Volume
1.11 million shs
Market Capitalization
$1.55 billion
P/E Ratio
12.06
Dividend Yield
3.55%
Price Target
$17.40

WK Kellogg MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.60 Rating Score
Upside/​Downside
3.7% Downside
$17.40 Price Target
Short Interest
Bearish
13.78% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.85mentions of WK Kellogg in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.47 out of 5 stars

Consumer Staples Sector

131st out of 137 stocks

Grain Mill Products Industry

6th out of 6 stocks

KLG stock logo

About WK Kellogg Stock (NYSE:KLG)

WK Kellogg Co operates as a food company in the United States, Canada, and the Caribbean. It manufactures, markets, and distributes ready-to-eat cereal products primarily under the Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, and Kashi brands. The company was formerly known as North America Cereal Co. and changed its name to WK Kellogg Co in March 2023. The company was incorporated in 2022 and is headquartered in Battle Creek, Michigan.

KLG Stock Price History

KLG Stock News Headlines

Kellogg's Special K cereal is displayed at a Costco Warehouse in Cranberry, Pa
WK Kellogg to close Omaha plant, downsize in Memphis as it shifts production to newer facilities
WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities
WK Kellogg (NYSE:KLG) Shares Down 3%
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Wall Street Breakfast: One Kellova Deal
See More Headlines
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Company Calendar

Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Last Earnings
8/06/2024
Ex-Dividend for 9/13 Dividend
8/29/2024
Today
9/06/2024
Dividend Payable
9/13/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Food Products
Fax
N/A
Employees
3,150
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.40
High Stock Price Target
$24.00
Low Stock Price Target
$11.00
Potential Upside/Downside
-6.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.60
Research Coverage
10 Analysts

Profitability

Net Income
$110 million
Pretax Margin
6.06%

Debt

Sales & Book Value

Annual Sales
$2.72 billion
Cash Flow
$2.22 per share
Book Value
$3.91 per share

Miscellaneous

Free Float
85,105,000
Market Cap
$1.59 billion
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Gary H. Pilnick (Age 60)
    Chairman & CEO
    Comp: $2.56M
  • Mr. David McKinstray (Age 38)
    Chief Financial Officer
    Comp: $983.63k
  • Mr. Bruce Brown (Age 59)
    Chief Customer Officer
    Comp: $961.71k
  • Mr. Doug Vandevelde (Age 57)
    Chief Growth Officer
    Comp: $1.16M
  • Ms. Sherry Brice-Williamson (Age 47)
    Chief Supply Chain Officer
    Comp: $793.42k
  • Ms. Lisa Walter (Age 51)
    Chief Accounting Officer
  • Bill Rex
    Chief Information Officer
  • Ms. Norma Barnes-Euresti (Age 55)
    Chief Legal Officer & Secretary
  • Mr. Mike Christensen
    Chief Human Resources Officer
  • Ms. Shannon Bible
    Chief Transformation Officer

KLG Stock Analysis - Frequently Asked Questions

How have KLG shares performed this year?

WK Kellogg's stock was trading at $13.14 on January 1st, 2024. Since then, KLG stock has increased by 37.5% and is now trading at $18.07.
View the best growth stocks for 2024 here
.

How were WK Kellogg's earnings last quarter?

WK Kellogg Co (NYSE:KLG) posted its quarterly earnings data on Tuesday, August, 6th. The company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.06. The business's quarterly revenue was down 4.0% compared to the same quarter last year.

Who are WK Kellogg's major shareholders?

Top institutional shareholders of WK Kellogg include American Century Companies Inc. (2.64%), AQR Capital Management LLC (1.63%), Massachusetts Financial Services Co. MA (1.63%) and Bank of New York Mellon Corp (1.05%). Insiders that own company stock include David Mckinstray, Doug Vandevelde, Ramon Murguia and Sherry Brice.
View institutional ownership trends
.

How do I buy shares of WK Kellogg?

Shares of KLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:KLG) was last updated on 9/6/2024 by MarketBeat.com Staff

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