In the past week, KLG stock has gone down by -9.28%, with a monthly decline of -19.92% and a quarterly plunge of -6.53%. The volatility ratio for the week is 4.67%, and the volatility levels for the last 30 days are 3.91% for WK Kellogg Co The simple moving average for the past 20 days is -12.45% for KLG’s stock, with a -12.03% simple moving average for the past 200 days.
Is It Worth Investing in WK Kellogg Co (NYSE: KLG) Right Now?
WK Kellogg Co (NYSE: KLG) has a higher price-to-earnings ratio of 20.97x compared to its average ratio, The 36-month beta value for KLG is at 1.50. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for KLG is 65.08M, and currently, shorts hold a 17.93% of that float. The average trading volume for KLG on January 10, 2025 was 918.30K shares.
KLG) stock’s latest price update
WK Kellogg Co (NYSE: KLG)’s stock price has plunge by -6.74relation to previous closing price of 17.50. Nevertheless, the company has seen a -9.28% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-08 that WK Kellogg Co offers a unique investment opportunity post-spinoff from Kellanova, with strong brand recognition and robust economic characteristics. KLG’s valuation multiples significantly understate its cash earnings and invested capital value, suggesting it should trade at higher valuations. The company enjoys high ROIC, negative NWC position, and competitive advantages, making it a “super cash cow” with substantial growth potential.
Analysts’ Opinion of KLG
Many brokerage firms have already submitted their reports for KLG stocks, with TD Cowen repeating the rating for KLG by listing it as a “Sell.” The predicted price for KLG in the upcoming period, according to TD Cowen is $16 based on the research report published on January 08, 2025 of the current year 2025.
BofA Securities, on the other hand, stated in their research note that they expect to see KLG reach a price target of $17, previously predicting the price at $24. The rating they have provided for KLG stocks is “Underperform” according to the report published on July 10th, 2024.
Exane BNP Paribas gave a rating of “Underperform” to KLG, setting the target price at $20 in the report published on May 08th of the previous year.
KLG Trading at -12.18% from the 50-Day Moving Average
After a stumble in the market that brought KLG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.74% of loss for the given period.
Volatility was left at 3.91%, however, over the last 30 days, the volatility rate increased by 4.67%, as shares sank -21.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.28% lower at present.
During the last 5 trading sessions, KLG fell by -9.28%, which changed the moving average for the period of 200-days by -12.21% in comparison to the 20-day moving average, which settled at $18.64. In addition, WK Kellogg Co saw -9.28% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KLG starting from Gund G Zachary, who purchase 55,000 shares at the price of $17.20 back on Nov 15 ’24. After this action, Gund G Zachary now owns 250,000 shares of WK Kellogg Co, valued at $946,082 using the latest closing price.
Gund G Zachary, the Director of WK Kellogg Co, purchase 65,000 shares at $17.94 during a trade that took place back on Nov 12 ’24, which means that Gund G Zachary is holding 65,000 shares at $1,165,801 based on the most recent closing price.
Stock Fundamentals for KLG
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.29 for the gross margin
The net margin for WK Kellogg Co stands at 0.03. The total capital return value is set at 0.12. Equity return is now at value 26.56, with 3.61 for asset returns.
Based on WK Kellogg Co (KLG), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.69. The debt to equity ratio resting at 1.55. The interest coverage ratio of the stock is 3.94.
Currently, EBITDA for the company is 221.0 million with net debt to EBITDA at 1.5. When we switch over and look at the enterprise to sales, we see a ratio of 0.72. The receivables turnover for the company is 13.66for trailing twelve months and the total asset turnover is 1.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.78.
Conclusion
In conclusion, WK Kellogg Co (KLG) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
