Kellanova Co (NYSE: K) has a price-to-earnings ratio of 27.67x that is above its average ratio. Additionally, the 36-month beta value for K is 0.37. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 18 rating it as “hold,” and 0 rating it as “sell.”
The public float for K is 292.53M and currently, short sellers hold a 1.75% ratio of that float. The average trading volume of K on December 05, 2024 was 2.06M shares.
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K) stock’s latest price update
Kellanova Co (NYSE: K) has seen a decline in its stock price by -0.12 in relation to its previous close of 80.59. However, the company has experienced a -0.79% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-12-04 that Plus, Fans Can Enter for a Chance to Win a Memorialized Piece of the Winning Edible Mascot CHICAGO, Dec. 4, 2024 /PRNewswire/ — After weeks of speculation, Pop-Tarts® has unmasked fan-favorite Frosted Cinnamon Roll as the mystery third flavor making its triumphant return at this year’s Pop-Tarts Bowl. Appearing as an Edible Mascot alongside Frosted Hot Fudge Sundae and Frosted Wild Berry, Frosted Cinnamon Roll will compete to achieve the ultimate pastry dream of being eaten by the winning team.
K’s Market Performance
Kellanova Co (K) has seen a -0.79% fall in stock performance for the week, with a -0.14% decline in the past month and a 0.37% surge in the past quarter. The volatility ratio for the week is 0.30%, and the volatility levels for the past 30 days are at 0.40% for K. The simple moving average for the last 20 days is -0.50% for K stock, with a simple moving average of 19.45% for the last 200 days.
Analysts’ Opinion of K
Many brokerage firms have already submitted their reports for K stocks, with Exane BNP Paribas repeating the rating for K by listing it as a “Neutral.” The predicted price for K in the upcoming period, according to Exane BNP Paribas is $83 based on the research report published on November 01, 2024 of the current year 2024.
DA Davidson gave a rating of “Neutral” to K, setting the target price at $83.50 in the report published on August 26th of the current year.
K Trading at -0.39% from the 50-Day Moving Average
After a stumble in the market that brought K to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.04% of loss for the given period.
Volatility was left at 0.40%, however, over the last 30 days, the volatility rate increased by 0.30%, as shares sank -0.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.22% lower at present.
During the last 5 trading sessions, K fell by -0.79%, which changed the moving average for the period of 200-days by +43.40% in comparison to the 20-day moving average, which settled at $80.90. In addition, Kellanova Co saw 43.96% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at K starting from KELLOGG W K FOUNDATION TRUST, who sale 114,583 shares at the price of $81.21 back on Nov 29 ’24. After this action, KELLOGG W K FOUNDATION TRUST now owns 49,222,442 shares of Kellanova Co, valued at $9,305,618 using the latest closing price.
KELLOGG W K FOUNDATION TRUST, the 10% Owner of Kellanova Co, sale 114,583 shares at $80.99 during a trade that took place back on Nov 21 ’24, which means that KELLOGG W K FOUNDATION TRUST is holding 49,337,025 shares at $9,280,261 based on the most recent closing price.
Stock Fundamentals for K
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.35 for the gross margin
The net margin for Kellanova Co stands at 0.08. The total capital return value is set at 0.16. Equity return is now at value 26.87, with 6.00 for asset returns.
Based on Kellanova Co (K), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.6. The interest coverage ratio of the stock is 5.18.
Currently, EBITDA for the company is 1.76 billion with net debt to EBITDA at 3.13. When we switch over and look at the enterprise to sales, we see a ratio of 2.63. The receivables turnover for the company is 7.53for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.
Conclusion
In conclusion, Kellanova Co (K) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
