A look at WK Kellogg Co’s (KLG) recent performance gives investors their first glimpse of hope.

WK Kellogg Co (NYSE: KLG) kicked off on Tuesday, down -2.55% from the previous trading day, before settling in for the closing price of $18.01. Over the past 52 weeks, KLG has traded in a range of $10.33-$24.63.

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

Consumer Defensive Sector giant saw their annual sales slid by -0.71% over the last five years. While this was happening, its average annual earnings per share was recorded -32.01%. With a float of $65.28 million, this company’s outstanding shares have now reached $85.81 million.

The firm has a total of 3150 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.78%, operating margin of 4.78%, and the pretax margin is 3.42%.

WK Kellogg Co (KLG) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of WK Kellogg Co is 24.20%, while institutional ownership is 69.41%. 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) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.18 earnings per share (EPS), lower than consensus estimate (set at 0.21) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -32.01% per share during the next fiscal year.

WK Kellogg Co (NYSE: KLG) Trading Performance Indicators

Take a look at WK Kellogg Co’s (KLG) current performance indicators. Last quarter, stock had a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.56. Likewise, its price to free cash flow for the trailing twelve months is 8.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.78, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.49 in one year’s time.

Technical Analysis of WK Kellogg Co (KLG)

Analysing the last 5-days average volume posted by the [WK Kellogg Co, KLG], we can find that recorded value of 1.59 million was better than the volume posted last year of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 39.61%. Additionally, its Average True Range was 0.81.

During the past 100 days, WK Kellogg Co’s (KLG) raw stochastic average was set at 47.67%, which indicates a significant increase from 30.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.89% in the past 14 days, which was higher than the 45.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.55, while its 200-day Moving Average is $17.74. Now, the first resistance to watch is $18.04. This is followed by the second major resistance level at $18.52. The third major resistance level sits at $18.86. If the price goes on to break the first support level at $17.22, it is likely to go to the next support level at $16.88. Should the price break the second support level, the third support level stands at $16.40.

WK Kellogg Co (NYSE: KLG) Key Stats

The company with the Market Capitalisation of 1.51 billion has total of 86,125K Shares Outstanding. Its annual sales at the moment are 2,763 M in contrast with the sum of 110,000 K annual income. Company’s last quarter sales were recorded 689,000 K and last quarter income was -11,000 K.