Kellanova Co [K] stock prices are up 0.04% to $80.19 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The K shares have lost -0.74% over the last week, with a monthly amount glided 9.55%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Kellanova Co [NYSE: K] stock has seen the most recent analyst activity on August 26, 2024, when DA Davidson downgraded its rating to a Neutral and also boosted its price target to $83.50 from $80. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on August 15, 2024. On August 12, 2024, Goldman initiated with a Neutral rating and assigned a price target of $75 on the stock. RBC Capital Mkts upgraded its rating to a Outperform and increased its price target to $76 on August 05, 2024. Exane BNP Paribas upgraded its rating to a Outperform but $74 remained the price target by the analyst firm on August 05, 2024. BofA Securities upgraded its rating to Buy for this stock on August 02, 2024, and upped its price target to $70. In a note dated March 01, 2024, DA Davidson initiated an Buy rating and provided a target price of $67 on this stock.
The stock price of Kellanova Co [K] has been fluctuating between $47.62 and $80.97 over the past year. Currently, Wall Street analysts expect the stock to reach $74.03 within the next 12 months. Kellanova Co [NYSE: K] shares were valued at $80.19 at the most recent close of the market. An investor can expect a potential drop of -7.68% based on the average K price forecast.
Analyzing the K fundamentals
The Kellanova Co [NYSE:K] reported sales of 13.51B for trailing twelve months, representing a drop of -21.01%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.27 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 80.08 points at the first support level, and at 79.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.36, and for the 2nd resistance point, it is at 80.54.
Ratios To Look Out For
It’s worth pointing out that Kellanova Co [NYSE:K]’s Current Ratio is 0.73. On the other hand, the Quick Ratio is 0.48, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 2.04, the price to book ratio is 8.29 and price to earnings (TTM) ratio is 30.47.
Transactions by insiders
Recent insider trading involved KELLOGG W K FOUNDATION TRUST, 10% Owner, that happened on Aug 28 ’24 when 77800.0 shares were sold. 10% Owner, KELLOGG W K FOUNDATION TRUST completed a deal on Aug 21 ’24 to sell 77800.0 shares. Meanwhile, 10% Owner KELLOGG W K FOUNDATION TRUST sold 77800.0 shares on Aug 14 ’24.
