WK Kellogg Co [KLG] stock is trading at $19.65, up 16.69%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KLG shares have gain 18.16% over the last week, with a monthly amount glided 13.78%, 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:
WK Kellogg Co [NYSE: KLG] stock has seen the most recent analyst activity on July 10, 2024, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $17 from $24. Previously, Exane BNP Paribas downgraded its rating to Underperform on May 08, 2024, and kept the price target unchanged to $20. On December 14, 2023, Morgan Stanley initiated with a Equal-Weight rating and assigned a price target of $13 on the stock. Evercore ISI started tracking the stock assigning a In-line rating and suggested a price target of $13 on November 13, 2023. Barclays initiated its recommendation with a Underweight and recommended $11 as its price target on November 06, 2023. JP Morgan started tracking with a Neutral rating for this stock on November 02, 2023, and assigned it a price target of $11. In a note dated October 18, 2023, TD Cowen initiated an Market Perform rating and provided a target price of $11 on this stock.
WK Kellogg Co [KLG] stock has fluctuated between $10.11 and $24.63 over the past year. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. WK Kellogg Co [NYSE: KLG] shares were valued at $19.65 at the most recent close of the market. An investor can expect a potential drop of -23.66% based on the average KLG price forecast.
Analyzing the KLG fundamentals
WK Kellogg Co [NYSE:KLG] reported sales of 2.72B for the trailing twelve months, which represents a drop of -4.00%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.42 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.54.
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 18.22 points at the first support level, and at 16.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.55, and for the 2nd resistance point, it is at 21.45.
Ratios To Look Out For
For context, WK Kellogg Co’s Current Ratio is 0.83. In addition, the Quick Ratio stands at 0.36 and the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 5.02 and price to earnings (TTM) ratio is 14.07.
Transactions by insiders
Recent insider trading involved MURGUIA RAMON, Director, that happened on Feb 28 ’24 when 1000.0 shares were purchased. Chief Supply Chain Officer, Brice Sherry completed a deal on Nov 22 ’23 to buy 3150.0 shares. Meanwhile, Chief Growth Officer VanDeVelde Doug bought 18700.0 shares on Nov 13 ’23.
