Kellanova Co [K] stock prices are up 0.15% to $80.82 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The K shares have gain 0.29% over the last week, with a monthly amount drifted -0.43%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Kellanova Co [NYSE: K] stock has seen the most recent analyst activity on November 01, 2024, when Exane BNP Paribas downgraded its rating to a Neutral but kept the price target unchanged to $83 for it. Previously, Argus downgraded its rating to Hold on October 02, 2024. On August 26, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $83.50 on the stock. RBC Capital Mkts downgraded its rating to a Sector Perform. Goldman initiated its recommendation with a Neutral and recommended $75 as its price target on August 12, 2024. RBC Capital Mkts upgraded its rating to Outperform for this stock on August 05, 2024, and upped its price target to $76. In a note dated August 05, 2024, Exane BNP Paribas upgraded an Outperform rating on this stock but restated the target price of $74.
The stock price of Kellanova Co [K] has been fluctuating between $52.46 and $81.34 over the past year. Currently, Wall Street analysts expect the stock to reach $78.06 within the next 12 months. Kellanova Co [NYSE: K] shares were valued at $80.82 at the most recent close of the market. An investor can expect a potential drop of -3.41% based on the average K price forecast.
Analyzing the K fundamentals
The Kellanova Co [NYSE:K] reported sales of 12.80B for trailing twelve months, representing a drop of -17.92%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.3 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.6.
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 80.63 points at the first support level, and at 80.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.94, and for the 2nd resistance point, it is at 81.07.
Ratios To Look Out For
It’s worth pointing out that Kellanova Co [NYSE:K]’s Current Ratio is 0.77. In addition, the Quick Ratio stands at 0.53 and the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 2.18, the price to book ratio is 7.62 and price to earnings (TTM) ratio is 27.78.
Transactions by insiders
Recent insider trading involved KELLOGG W K FOUNDATION TRUST, 10% Owner, that happened on Dec 23 ’24 when 0.11 million shares were sold. 10% Owner, KELLOGG W K FOUNDATION TRUST completed a deal on Dec 16 ’24 to sell 0.11 million shares. Meanwhile, Owner of approximately 20% of KELLOGG W K FOUNDATION TRUST bought 0.46 million shares on Dec 09 ’24.
