On Tuesday, WK Kellogg Co (NYSE: KLG) was 0.17% up from the session before settling in for the closing price of $18.03. A 52-week range for KLG has been $9.65 – $24.63.
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Annual sales at Consumer Defensive sector company slipped by -0.71% over the past five years. When this article was written, the company’s average yearly earnings per share was at -31.48%. With a float of $65.10 million, this company’s outstanding shares have now reached $85.81 million.
Let’s look at the performance matrix of the company that is accounted for 3150 employees. In terms of profitability, gross margin is 28.62%, operating margin of 5.62%, and the pretax margin is 5.99%.
WK Kellogg Co (KLG) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward WK Kellogg Co stocks. The insider ownership of WK Kellogg Co is 24.21%, while institutional ownership is 70.68%. The most recent insider transaction that took place on Feb 28 ’24, was worth 14,640. In this transaction Director of this company bought 1,000 shares at a rate of $14.64, taking the stock ownership to the 10,860 shares. Before that another transaction happened on Nov 22 ’23, when Company’s Chief Supply Chain Officer bought 3,150 for $11.75, making the entire transaction worth $37,019. This insider now owns 9,335 shares in total.
WK Kellogg Co (KLG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -31.48% per share during the next fiscal year.
WK Kellogg Co (NYSE: KLG) Trading Performance Indicators
You can see what WK Kellogg Co (KLG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.57. Likewise, its price to free cash flow for the trailing twelve months is 8.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.40, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.51 in one year’s time.
Technical Analysis of WK Kellogg Co (KLG)
WK Kellogg Co (NYSE: KLG) saw its 5-day average volume 1.13 million, a positive change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 67.69%. Additionally, its Average True Range was 0.71.
During the past 100 days, WK Kellogg Co’s (KLG) raw stochastic average was set at 29.59%, which indicates a significant decrease from 68.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.13% in the past 14 days, which was higher than the 42.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.94, while its 200-day Moving Average is $16.65. Nevertheless, the first resistance level for the watch stands at $18.32 in the near term. At $18.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.76. If the price goes on to break the first support level at $17.88, it is likely to go to the next support level at $17.69. The third support level lies at $17.44 if the price breaches the second support level.
WK Kellogg Co (NYSE: KLG) Key Stats
There are 85,878K outstanding shares of the company, which has a market capitalization of 1.55 billion. As of now, sales total 2,763 M while income totals 110,000 K. Its latest quarter income was 672,000 K while its last quarter net income were 31,000 K.
