About Kellogg (NYSE:K)
Kellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Company's principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. Its segments include U.S. Morning Foods, which includes cereal, toaster pastries, health and wellness bars, and beverages; U.S. Snacks, which includes cookies, crackers, cereal bars, savory snacks and fruit-flavored snacks; U.S. Specialty, which represents food away from home channels, including food service, convenience, vending, Girl Scouts and food manufacturing; North America Other, which includes the U.S. Frozen, Kashi and Canada operating segments; Europe, which consists of European countries; Latin America, which consists of Central and South America and includes Mexico, and Asia Pacific, which consists of Sub-Saharan Africa, Australia and other Asian and Pacific markets.
Industry, Sector and Symbol
Industry Food Processing
Sub-IndustryPackaged Foods & Meats
SectorNon-Cyclical Consumer Goods & Services
Trailing P/E Ratio29.375
Forward P/E Ratio16.33
Sales & Book Value
Annual Sales$13.01 billion
Price / Sales1.75
Cash Flow$5.82 per share
Price / Cash11.31
Book Value$5.49 per share
Price / Book11.99
Net Income$694 million
Return on Equity73.92%
Return on Assets9.27%
Kellogg (NYSE:K) Frequently Asked Questions
What is Kellogg's stock symbol?
Kellogg trades on the New York Stock Exchange (NYSE) under the ticker symbol "K."
How often does Kellogg pay dividends? What is the dividend yield for Kellogg?
Kellogg declared a quarterly dividend on Friday, October 20th. Stockholders of record on Friday, December 1st will be given a dividend of $0.54 per share on Friday, December 15th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date of this dividend is Thursday, November 30th. View Kellogg's Dividend History.
How will Kellogg's stock buyback program work?
Kellogg declared that its board has initiated a stock buyback plan on Monday, December 18th 2017, which allows the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.
How were Kellogg's earnings last quarter?
Kellogg (NYSE:K) posted its earnings results on Tuesday, October, 31st. The company reported $1.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.94 by $0.11. The company earned $3.27 billion during the quarter, compared to the consensus estimate of $3.22 billion. Kellogg had a net margin of 6.15% and a return on equity of 73.92%. The business's revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the company posted $0.96 earnings per share. View Kellogg's Earnings History.
When will Kellogg make its next earnings announcement?
What guidance has Kellogg issued on next quarter's earnings?
Kellogg updated its FY17 earnings guidance on Tuesday, October, 31st. The company provided EPS guidance of $4.03-4.09 for the period, compared to the Thomson Reuters consensus estimate of $3.97. The company issued revenue guidance of $12.62 billion, compared to the consensus revenue estimate of $12.73 billion.
Where is Kellogg's stock going? Where will Kellogg's stock price be in 2018?
14 equities research analysts have issued twelve-month price targets for Kellogg's shares. Their predictions range from $62.00 to $91.00. On average, they expect Kellogg's stock price to reach $73.00 in the next twelve months. View Analyst Ratings for Kellogg.
What are Wall Street analysts saying about Kellogg stock?
Here are some recent quotes from research analysts about Kellogg stock: