The stock of WK Kellogg Co (NYSE: KLG) has decreased by -0.38 when compared to last closing price of 15.91.Despite this, the company has seen a loss of -2.88% in its stock price over the last five trading days. prnewswire.com reported 2025-01-15 that BATTLE CREEK, Mich., Jan. 15, 2025 /PRNewswire/ — WK Kellogg Co (NYSE: KLG) announced today that it will host a conference call on Tuesday, February 11, 2025, at 9:30 a.m.
Is It Worth Investing in WK Kellogg Co (NYSE: KLG) Right Now?
WK Kellogg Co (NYSE: KLG) has a price-to-earnings ratio of 20.37x that is above its average ratio. Additionally, the 36-month beta value for KLG is 1.54. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 rating it as “hold,” and 1 rating it as “sell.”
The public float for KLG is 65.08M and currently, short sellers hold a 18.17% ratio of that float. The average trading volume of KLG on January 17, 2025 was 977.23K shares.
KLG’s Market Performance
KLG’s stock has seen a -2.88% decrease for the week, with a -23.72% drop in the past month and a -9.43% fall in the past quarter. The volatility ratio for the week is 3.70%, and the volatility levels for the past 30 days are at 4.13% for WK Kellogg Co The simple moving average for the last 20 days is -8.80% for KLG’s stock, with a simple moving average of -14.18% for the last 200 days.
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 -14.11% 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 -35.64% of loss for the given period.
Volatility was left at 4.13%, however, over the last 30 days, the volatility rate increased by 3.70%, as shares sank -22.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.26% lower at present.
During the last 5 trading sessions, KLG fell by -2.88%, which changed the moving average for the period of 200-days by -19.91% in comparison to the 20-day moving average, which settled at $17.38. In addition, WK Kellogg Co saw -11.90% 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 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 1.87. 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 0.7. 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 seen bad 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’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.
