Free Trial

Kerry Group (OTCMKTS:KRYAY) Shares Gap Up - Still a Buy?

Kerry Group logo with Consumer Staples background

Key Points

  • Kerry Group PLC shares opened significantly higher at $98.58, up from a previous close of $91.97, with a trading volume of 859 shares.
  • Analysts have given Kerry Group a consensus rating of Buy, with one Strong Buy, two Buy, and one Hold rating among them.
  • The company announced a dividend of $0.4656 per share, payable on November 17th, representing a substantial dividend yield of 159.0%.
  • MarketBeat previews the top five stocks to own by November 1st.

Kerry Group PLC (OTCMKTS:KRYAY - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $91.97, but opened at $98.58. Kerry Group shares last traded at $98.58, with a volume of 859 shares traded.

Analyst Ratings Changes

KRYAY has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Kerry Group in a research note on Wednesday, September 24th. UBS Group reiterated a "neutral" rating on shares of Kerry Group in a report on Thursday, September 25th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of Kerry Group in a research note on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Buy".

Check Out Our Latest Stock Report on KRYAY

Kerry Group Trading Up 0.6%

The firm's fifty day moving average price is $91.26 and its two-hundred day moving average price is $100.61. The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.42.

Kerry Group Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, October 13th will be issued a dividend of $0.4656 per share. The ex-dividend date is Friday, October 10th. This represents a dividend yield of 159.0%.

About Kerry Group

(Get Free Report)

Kerry Group plc, together with its subsidiaries, provides taste and nutrition solutions. The company operates in two segments, Taste & Nutrition, and Dairy Ireland. The Taste & Nutrition segment offers taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The Dairy Ireland segment provides value-add dairy ingredients and consumer products, including functional proteins and nutritional bases.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Kerry Group Right Now?

Before you consider Kerry Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kerry Group wasn't on the list.

While Kerry Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.