A new trading day began on Tuesday, with Kellanova Co (NYSE: K) stock price up 0.02% from the previous day of trading, before settling in for the closing price of $81.11. K’s price has ranged from $51.02 to $81.34 over the past 52 weeks.
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Annual sales at Consumer Defensive sector company slipped by -0.49% over the past five years. Meanwhile, its annual earnings per share averaged 18.12%. With a float of $292.53 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 35.01%, operating margin of 13.2%, and the pretax margin is 10.13%.
Kellanova Co (K) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaged Foods Industry. The insider ownership of Kellanova Co is 15.14%, while institutional ownership is 68.01%. The most recent insider transaction that took place on Nov 21 ’24, was worth 9,280,261. In this transaction 10% Owner of this company sold 114,583 shares at a rate of $80.99, taking the stock ownership to the 49,337,025 shares. Before that another transaction happened on Nov 14 ’24, when Company’s 10% Owner sold 114,583 for $81.04, making the entire transaction worth $9,286,356. This insider now owns 49,451,608 shares in total.
Kellanova Co (K) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 18.12% 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
Here are Kellanova Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.18. Likewise, its price to free cash flow for the trailing twelve months is 30.17.
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 1.98 million, a negative change from its year-to-date volume of 3.01 million. As of the previous 9 days, the stock’s Stochastic %D was 84.31%. Additionally, its Average True Range was 0.33.
During the past 100 days, Kellanova Co’s (K) raw stochastic average was set at 99.17%, which indicates a significant increase from 78.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.91% in the past 14 days, which was lower than the 29.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.79, while its 200-day Moving Average is $66.74. Nevertheless, the first resistance level for the watch stands at $81.21 in the near term. At $81.30, the stock is likely to face the second major resistance level. The third major resistance level sits at $81.38. If the price goes on to break the first support level at $81.04, it is likely to go to the next support level at $80.96. The third support level lies at $80.87 if the price breaches the second support level.
Kellanova Co (NYSE: K) Key Stats
With a market capitalization of 27.97 billion, the company has a total of 344,698K Shares Outstanding. Currently, annual sales are 13,122 M while annual income is 951,000 K. The company’s previous quarter sales were 3,233 M while its latest quarter income was 367,000 K.
