Kellanova Co (NYSE: K) kicked off on Friday, down -0.19% from the previous trading day, before settling in for the closing price of $80.71. Over the past 52 weeks, K has traded in a range of $52.46-$81.34.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Defensive sector was -0.49%. While this was happening, its average annual earnings per share was recorded 18.12%. With a float of $292.76 million, this company’s outstanding shares have now reached $344.00 million.
Considering the fact that the conglomerate employs 23000 people, you should pay attention to its efficiency factor. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of Kellanova Co is 15.07%, while institutional ownership is 67.92%. The most recent insider transaction that took place on Dec 09 ’24, was worth 36,986,751. Before that another transaction happened on Dec 09 ’24, when Company’s 10% Owner sold 114,583 for $80.70, making the entire transaction worth $9,246,688. This insider now owns 49,107,859 shares in total.
Kellanova Co (K) Earnings and Forecasts
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
Take a look at Kellanova Co’s (K) current performance indicators. Last quarter, 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 2.17. Likewise, its price to free cash flow for the trailing twelve months is 29.90.
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)
Compared to the last year’s volume of 2.94 million, its volume of 1.68 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.20%. Additionally, its Average True Range was 0.30.
During the past 100 days, Kellanova Co’s (K) raw stochastic average was set at 96.84%, which indicates a significant increase from 14.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.76% in the past 14 days, which was lower than the 28.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.81, while its 200-day Moving Average is $68.24. Nevertheless, the first resistance level for the watch stands at $80.73 in the near term. At $80.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $80.99. If the price goes on to break the first support level at $80.47, it is likely to go to the next support level at $80.39. Should the price break the second support level, the third support level stands at $80.21.
Kellanova Co (NYSE: K) Key Stats
The company with the Market Capitalisation of 27.72 billion has total of 344,698K Shares Outstanding. Its annual sales at the moment are 13,122 M in contrast with the sum of 951,000 K annual income. Company’s last quarter sales were recorded 3,233 M and last quarter income was 367,000 K.
