At the time of writing, Kellanova [K] stock is trading at $82.18, down -0.02%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The K shares have gain 0.39% over the last week, with a monthly amount glided 0.82%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kellanova [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.
For the past year, the stock price of Kellanova fluctuated between $52.46 and $82.31. Currently, Wall Street analysts expect the stock to reach $84.38 within the next 12 months. Kellanova [NYSE: K] shares were valued at $82.18 at the most recent close of the market. An investor can expect a potential return of 2.68% based on the average K price forecast.
Analyzing the K fundamentals
According to Kellanova [NYSE:K], the company’s sales were 12.75B for trailing twelve months, which represents an -1.58% plunge. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.39 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.68.
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 82.11 points at the first support level, and at 82.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 82.30, and for the 2nd resistance point, it is at 82.41.
Ratios To Look Out For
It is important to note that Kellanova [NYSE:K] has a current ratio of 0.81. Also, the Quick Ratio is 0.56, while the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 2.22, the price to book ratio is 7.51 and price to earnings (TTM) ratio is 21.23.
Transactions by insiders
Recent insider trading involved KELLOGG W K FOUNDATION TRUST, Owner of approximately 20% of, that happened on Feb 10 ’25 when 0.46 million shares were purchased. 10% Owner, KELLOGG W K FOUNDATION TRUST completed a deal on Feb 10 ’25 to sell 0.11 million shares. Meanwhile, 10% Owner KELLOGG W K FOUNDATION TRUST sold 0.11 million shares on Jan 28 ’25.
