On Friday, Kellanova Co (NYSE: K) opened lower -0.05% from the last session, before settling in for the closing price of $80.65. Price fluctuations for K have ranged from $50.48 to $81.26 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Consumer Defensive sector company slipped by -0.49% over the past five years. Company’s average yearly earnings per share was noted 18.04% at the time writing. With a float of $292.19 million, this company’s outstanding shares have now reached $340.59 million.
Let’s look at the performance matrix of the company that is accounted for 23000 employees. In terms of profitability, gross margin is 35.03%, operating margin of 13.2%, and the pretax margin is 10.13%.
Kellanova Co (K) Insider Updates
A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of Kellanova Co is 15.27%, while institutional ownership is 70.69%. The most recent insider transaction that took place on Oct 28 ’24, was worth 9,253,826. In this transaction 10% Owner of this company sold 114,583 shares at a rate of $80.76, taking the stock ownership to the 49,680,774 shares. Before that another transaction happened on Oct 21 ’24, when Company’s 10% Owner sold 114,583 for $80.96, making the entire transaction worth $9,276,617. This insider now owns 49,795,357 shares in total.
Kellanova Co (K) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 18.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.36% during the next five years compared to -6.41% drop over the previous five years of trading.
Kellanova Co (NYSE: K) Trading Performance Indicators
Check out the current performance indicators for Kellanova Co (K). In the past quarter, the stock posted a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.17. Likewise, its price to free cash flow for the trailing twelve months is 29.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.91, a number that is poised to hit 0.83 in the next quarter and is forecasted to reach 3.92 in one year’s time.
Technical Analysis of Kellanova Co (K)
Kellanova Co (NYSE: K) saw its 5-day average volume 2.53 million, a negative change from its year-to-date volume of 3.08 million. As of the previous 9 days, the stock’s Stochastic %D was 24.83%. Additionally, its Average True Range was 0.30.
During the past 100 days, Kellanova Co’s (K) raw stochastic average was set at 97.43%, which indicates a significant increase from 12.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.38% in the past 14 days, which was lower than the 30.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.62, while its 200-day Moving Average is $64.49. Nevertheless, the first resistance level for the watch stands at $80.73 in the near term. At $80.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $80.93. If the price goes on to break the first support level at $80.54, it is likely to go to the next support level at $80.47. Assuming the price breaks the second support level, the third support level stands at $80.34.
Kellanova Co (NYSE: K) Key Stats
There are currently 344,685K shares outstanding in the company with a market cap of 27.77 billion. Presently, the company’s annual sales total 13,122 M according to its annual income of 951,000 K. Last quarter, the company’s sales amounted to 3,192 M and its income totaled 344,000 K.
