WK Kellogg Co (NYSE: KLG) is -7.78% lower on its value in year-to-date trading and has touched a low of $12.32 and a high of $24.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KLG stock was last observed hovering at around $17.00 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $16.59, the stock is -0.47% and -9.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing -2.41% at the moment leaves the stock -9.29% off its SMA200. KLG registered 24.27% gain for a year compared to 6-month gain of -5.74%. The firm has a 50-day simple moving average (SMA 50) of $18.3018 and a 200-day simple moving average (SMA200) of $18.2887.
The stock witnessed a -6.54% loss in the last 1 month and extending the period to 3 months gives it a -3.88%, and is -2.30% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.61% over the week and 3.97% over the month.
WK Kellogg Co (KLG) has around 3150 employees, a market worth around $1.43B and $2.72B in sales. Current P/E ratio is 21.32 and Fwd P/E is 11.24. Profit margin for the company is 2.50%. Distance from 52-week low is 34.66% and -32.64% from its 52-week high. The company has generated returns on investments over the last 12 months (7.81%).
with sales reaching $645.12M over the same period.The EPS is expected to shrink by -32.37% this year, but quarterly earnings will post -1.76% year-over-year. Quarterly sales are estimated to shrink -0.90% in year-over-year returns.
WK Kellogg Co (KLG) Top Institutional Holders
507.0 institutions hold shares in WK Kellogg Co (KLG), with institutional investors hold 105.18% of the company’s shares. The shares outstanding are 85.98M, and float is at 60.75M with Short Float at 19.68%. Institutions hold 92.79% of the Float.
WK Kellogg Co (KLG) Insider Activity
The most recent transaction is an insider purchase by Gund G Zachary, the company’s Director. SEC filings show that Gund G Zachary bought 55,000 shares of the company’s common stock on Nov 15 ’24 at a price of $17.20 per share for a total of $0.95 million. Following the purchase, the insider now owns 0.25 million shares.
WK Kellogg Co disclosed in a document filed with the SEC on Nov 12 ’24 that Gund G Zachary (Director) bought a total of 65,000 shares of the company’s common stock. The trade occurred on Nov 12 ’24 and was made at $17.94 per share for $1.17 million. Following the transaction, the insider now directly holds 65000.0 shares of the KLG stock.
Still, SEC filings show that on Nov 14 ’24, Gund G Zachary (Director) acquired 65,000 shares at an average price of $17.76 for $1.15 million. The insider now directly holds 195,000 shares of WK Kellogg Co (KLG).
