A share price of WK Kellogg Co [KLG] is currently trading at $16.81, up 5.52%. An important factor to consider is whether the stock is rising or falling in short-term value. The KLG shares have gain 9.09% over the last week, with a monthly amount drifted -16.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
WK Kellogg Co [NYSE: KLG] stock has seen the most recent analyst activity on January 08, 2025, when TD Cowen downgraded its rating to a Sell but kept the price target unchanged to $16 for it. Previously, BofA Securities downgraded its rating to Underperform on July 10, 2024, and dropped its price target to $17. On May 08, 2024, downgrade downgraded it’s rating to Underperform but maintained its price target of $20 on the stock. Morgan Stanley started tracking the stock assigning a Equal-Weight rating and suggested a price target of $13 on December 14, 2023. Evercore ISI initiated its recommendation with a In-line and recommended $13 as its price target on November 13, 2023. Barclays started tracking with a Underweight rating for this stock on November 06, 2023, and assigned it a price target of $11. In a note dated November 02, 2023, JP Morgan initiated an Neutral rating and provided a target price of $11 on this stock.
WK Kellogg Co experienced fluctuations in its stock price throughout the past year between $12.32 and $24.63. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. WK Kellogg Co [NYSE: KLG] shares were valued at $16.81 at the most recent close of the market. An investor can expect a potential drop of -10.77% based on the average KLG price forecast.
Analyzing the KLG fundamentals
Trailing Twelve Months sales for WK Kellogg Co [NYSE:KLG] were 2.72B which represents -0.43% decline. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.21 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.87.
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 16.21 points at the first support level, and at 15.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.19, and for the 2nd resistance point, it is at 17.58.
Ratios To Look Out For
To put it in perspective, the Current Ratio for WK Kellogg Co [NYSE:KLG] is 0.78. On the other hand, the Quick Ratio is 0.34, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.53, the price to book ratio is 4.57 and price to earnings (TTM) ratio is 21.60.
Transactions by insiders
Recent insider trading involved Gund G Zachary, Director, that happened on Nov 15 ’24 when 55000.0 shares were purchased. Director, Gund G Zachary completed a deal on Nov 12 ’24 to buy 65000.0 shares. Meanwhile, Director Gund G Zachary bought 65000.0 shares on Nov 14 ’24.
