WK Kellogg Co (KLG)
Market Cap | 1.47B |
Revenue (ttm) | 2.72B |
Net Income (ttm) | 68.00M |
Shares Out | 86.13M |
EPS (ttm) | 0.78 |
PE Ratio | 21.83 |
Forward PE | 11.71 |
Dividend | $0.64 (3.75%) |
Ex-Dividend Date | Nov 29, 2024 |
Volume | 965,020 |
Open | 17.26 |
Previous Close | 17.20 |
Day's Range | 16.85 - 17.33 |
52-Week Range | 10.99 - 24.63 |
Beta | n/a |
Analysts | Hold |
Price Target | 18.88 (+10.47%) |
Earnings Date | Nov 7, 2024 |
About KLG
WK Kellogg Co operates as a food company in the United States, Canada, and the Caribbean. It manufactures, markets, and distributes ready-to-eat cereal products primarily under the Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, and Kashi brands. The company was formerly known as North America Cereal Co. and changed its name to WK Kellogg Co in March 2023. The company was founded in 1894 and is headquartered in Battle Creek, Michigan. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for KLG stock is "Hold." The 12-month stock price forecast is $18.88, which is an increase of 10.47% from the latest price.
News
WK Kellogg Co to Participate in Morgan Stanley Global Consumer & Retail Conference
BATTLE CREEK, Mich. , Nov. 19, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that Gary Pilnick, Chairman and Chief Executive Officer, and Dave McKinstray, Chief Financial Officer will...
WK Kellogg Co (KLG) Q3 2024 Earnings Call Transcript
WK Kellogg Co (KLG Q3 2024 Results Conference Call November 7, 2024 9:30 AM ET Company Participants Karen Duke - Vice President, Finance and IR Gary Pilnick - Chairman and CEO Dave McKinstray - Chief ...
WK Kellogg's stock rises as revenue and adjusted profit beat analyst estimates
WK Kellogg Co.'s stock rose 9% Thursday after the cereal giant beat analyst estimates for third-quarter adjusted profit and revenue.
WK Kellogg beats third-quarter estimates on demand, higher prices
WK Kellogg beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by robust consumer demand for its ready-to-eat cereals, including Froot Loops and Apple Jacks.
WK Kellogg Co Announces Third Quarter Financial Results and Raises 2024 Adjusted EBITDA Guidance
BATTLE CREEK, Mich. , Nov. 7, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG), today published its 2024 third quarter results in documents posted to the company website at https://investor.wkkellogg.co...
WK Kellogg Co Declares Quarterly Dividend of $0.16 per Share
BATTLE CREEK, Mich. , Oct. 31, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that its Board of Directors declared a dividend of $0.16 per share on the common stock of WK Kellogg Co, p...
WK Kellogg: Minimal Risks And Strong Upside Ahead
WK Kellogg, a mid-cap consumer staples stock, is undervalued with a forward P/E of 11.58x, a 3.63% dividend yield, and a $500M supply chain modernization plan. The company was spun off from Kellanova,...
WK Kellogg Co to Host Conference Call on November 7
BATTLE CREEK, Mich. , Oct. 16, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that it will host a conference call on Thursday, November 7, 2024, at 9:30 a.m.
WK Kellogg is upbeat about going it alone as CEO says ‘don't sleep on our core brands'
Cereal maker WK Kellogg Co. on Thursday talked up its longer-term prospects at an analyst conference, saying that it was better off focused solely on breakfast staples like Frosted Flakes and Raisin B...
WK Kellogg Co to Participate in the Barclays 17th Annual Global Consumer Staples Conference on Wednesday, September 4, 2024
BATTLE CREEK, Mich. , Aug. 15, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that Gary Pilnick, Chairman and Chief Executive Officer, and David Mckinstray, Chief Financial Officer, wi...
WK Kellogg Co May Be Worth More Than The Cereal It Sells
WK Kellogg Co stock is a potential buy opportunity at the current price post-separation of the snacks and food business. Kellogg owns significant market share in the cereal industry, with a relatively...
WK Kellogg: Boycott Didn't Cause Sales Catastrophe
WK Kellogg reported its Q2 results with revenues in line with estimates despite a boycott affecting the company in the quarter. The ongoing supply chain modernization should aid margins further in the...
WK Kellogg Co (KLG) Q2 2024 Earnings Call Transcript
WK Kellogg Co (NYSE:KLG) Q2 2024 Earnings Conference Call August 6, 2024 9:30 AM ET Company Participants Karen Duke - Vice President, Finance and IR Gary Pilnick - Chairman and CEO Dave McKinstray - ...
WK Kellogg Q2 revenue beats but stock slips on earnings miss, lowered guidance
WK Kellogg Co. beat Wall Street's revenue expectations in its second-quarter results Tuesday but the food giant's shares slipped on weaker-than-expected earnings and lowered sales guidance.
WK Kellogg to streamline production as slowing demand pressures sales
WK Kellogg plans to completely shutdown its Omaha, Nebraska, plant by the end of 2026 under a reorganization that will also reduce the cereal maker's headcount by more than 17%, it said on Tuesday, as...
WK Kellogg Co Announces Second Quarter Financial Results and Next Steps of Supply Chain Modernization Plan
BATTLE CREEK, Mich. , Aug. 6, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG), today published its 2024 second quarter results in documents posted to the company website at https://investor.wkkellogg.c...
WK Kellogg Co to Host Conference Call on August 6
BATTLE CREEK, Mich. , July 11, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that it will host a conference call on Tuesday, August 6, 2024, at 9:30 a.m.
WK Kellogg Stock Drops After Bank of America Turns Bearish on It
Shares of Rice Krispies and Special K maker WK Kellogg (KLG) slipped Wednesday after Bank of America Securities put a bearish rating on the cereal company's shares.
WK Kellogg Faces Grim Outlook: BofA Analyst Downgrades Stock Amid Persistent Volume Challenges
BofA Securities analyst Peter Galbo downgraded the shares of WK Kellogg Co KLG from Neutral to Underperform and lowered the price target from $24 to $17.
Top 4 Risk Off Stocks That May Rocket Higher In Q2
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
WK Kellogg Co to Participate in the 4th Annual Evercore ISI Consumer and Retail Conference on June 11, 2024
BATTLE CREEK, Mich. , May 30, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that Gary Pilnick, Chairman and Chief Executive Officer, and David Mckinstray, Chief Financial Officer, wil...
WK Kellogg On Strong Growth Trajectory
On May 7, 2024, WK Kellogg Kellogg Kellogg Co (NYSE: KLG, $21.77, Market Capitalization $1.9 billion), a leading manufacturer, marketer, and distributor of branded ready-to-eat cereals in the U.S., Ca...
WK Kellogg Co. (KLG) Q1 2024 Earnings Call Transcript
WK Kellogg Co. (NYSE:KLG) Q1 2024 Earnings Conference Call May 7, 2024 9:30 AM ET Company Participants Karen Duke - Vice President, Planning and Investor Relations Gary Pilnick - Chief Executive Offi...
Froot Loops maker WK Kellogg beats revenue estimates on higher prices
WK Kellogg Co beat Wall Street estimates for quarterly sales on Tuesday, as higher product prices offset pressure from slowing demand for the Froot Loops maker's ready-to-eat breakfast items and snack...
WK Kellogg's stock rises as revenue beats analyst estimate on wider margins
WK Kellogg's stock KLG, +1.47% rose 1.5% in premarket trading on Tuesday after the breakfast cereal giant said its first-quarter profit rose to $33 million, or 37 cents a share, from $24 million, or 2...