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NYSE:K

Kellanova (K) Stock Price, News & Analysis

$57.47
+0.19 (+0.33%)
(As of 07/26/2024 ET)
Today's Range
$57.06
$57.62
50-Day Range
$56.19
$62.25
52-Week Range
$47.63
$67.81
Volume
1.78 million shs
Average Volume
2.78 million shs
Market Capitalization
$19.65 billion
P/E Ratio
21.52
Dividend Yield
3.90%
Price Target
$61.50

Kellanova MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
7.0% Upside
$61.50 Price Target
Short Interest
Healthy
4.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.82
Upright™ Environmental Score
News Sentiment
0.37mentions of Kellanova in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$50.90 M Sold Last Quarter
Proj. Earnings Growth
5.82%
From $3.61 to $3.82 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.58 out of 5 stars

Consumer Discretionary Sector

116th out of 279 stocks

Grain Mill Products Industry

4th out of 6 stocks

K stock logo

About Kellanova Stock (NYSE:K)

Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Eggo, Morningstar Farms, Bisco, Club, Luxe, Minueto, Special K, Toasteds, Town House, Zesta, Zoo Cartoon, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Squares, Zucaritas, Rice Krispies Treats, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, LCMs, Coco Pops, Krave, Frosties, Rice Krispies Squares, Incogmeato, Veggitizers, Gardenburger, Trink, Carr's, Kellogg's Extra, Müsli, Fruit n Fibre, Kellogg's Crunchy Nut, Country Store, Smacks, Honey Bsss, Zimmy's, Toppas, Tresor, Froot Ring, Chocos, Chex, Guardian, Just Right, Sultana Bran, Rice Bubbles, Sustain, and Choco Krispies brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was formerly known as Kellogg Company and changed its name to Kellanova in October 2023. Kellanova was founded in 1906 and is headquartered in Chicago, Illinois.

K Stock Price History

K Stock News Headlines

The next companies to potentially benefit thanks to Nvidia are …
Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.
Kellanova Declares Regular Dividend of $0.57 per Share
Kellanova (K) to Release Earnings on Thursday
The next companies to potentially benefit thanks to Nvidia are …
Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.
Kellanova stock falls Tuesday, underperforms market
Kellanova stock falls Monday, underperforms market
Barclays Cuts Kellanova (NYSE:K) Price Target to $61.00
Citi Keeps Their Hold Rating on Kellanova (K)
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/14 Dividend
6/03/2024
Dividend Payable
6/14/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Packaged Foods & Meats
CUSIP
48783610
Employees
23,000
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$61.50
High Stock Price Target
$73.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+7.2%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
14 Analysts

Profitability

Net Income
$951 million
Pretax Margin
7.66%

Debt

Sales & Book Value

Annual Sales
$13.12 billion
Cash Flow
$4.51 per share
Book Value
$9.89 per share

Miscellaneous

Free Float
335,730,000
Market Cap
$19.62 billion
Optionable
Optionable
Beta
0.34

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Key Executives


K Stock Analysis - Frequently Asked Questions

How have K shares performed this year?

Kellanova's stock was trading at $55.91 at the beginning of the year. Since then, K stock has increased by 2.8% and is now trading at $57.47.
View the best growth stocks for 2024 here
.

How were Kellanova's earnings last quarter?

Kellanova (NYSE:K) issued its quarterly earnings results on Thursday, May, 2nd. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.16. The business's quarterly revenue was down 4.2% on a year-over-year basis.
Read the conference call transcript
.

How will Kellanova's stock buyback program work?

Kellanova's board initiated a share buyback plan on Monday, December 12th 2022, which permits the company to repurchase $1,500,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 6.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

What is Steven Cahillane's approval rating as Kellanova's CEO?

310 employees have rated Kellanova Chief Executive Officer Steven Cahillane on Glassdoor.com. Steven Cahillane has an approval rating of 85% among the company's employees.

Does Kellanova have any subsidiaries?

Kellanova subsidiaries include RxBar, Parati Group, Ritmo Investimentos, Mass Food, Bisco Misr, Pringles, Specialty Cereals Pty Limited, and others.

Who are Kellanova's major shareholders?

Kellanova's top institutional investors include Bank of New York Mellon Corp (0.52%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Raymond James & Associates (0.16%) and Allspring Global Investments Holdings LLC (0.09%). Insiders that own company stock include Kellogg W K Foundation Trust, Amit Banati, Christopher M Hood, Nicolas Amaya, Gary H Pilnick, Kris Bahner, Rodrigo Lance, Kurt D Forche and Alistair D Hirst.
View institutional ownership trends
.

How do I buy shares of Kellanova?

Shares of K stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Kellanova own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kellanova investors own include Johnson & Johnson (JNJ), AT&T (T), Procter & Gamble (PG), Exxon Mobil (XOM), Intel (INTC), Coca-Cola (KO) and Pfizer (PFE).

This page (NYSE:K) was last updated on 7/26/2024 by MarketBeat.com Staff

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