WK Kellogg Co (KLG)

NYSE: KLG · Real-Time Price · USD
18.05
-1.60 (-8.14%)
Nov 8, 2024, 4:00 PM EST - Market closed
-8.14%
Market Cap 1.55B
Revenue (ttm) 2.72B
Net Income (ttm) 68.00M
Shares Out 86.13M
EPS (ttm) 0.78
PE Ratio 23.06
Forward PE 12.37
Dividend $0.64 (3.55%)
Ex-Dividend Date Nov 29, 2024
Volume 1,507,688
Open 19.30
Previous Close 19.65
Day's Range 17.85 - 19.30
52-Week Range 10.33 - 24.63
Beta n/a
Analysts Hold
Price Target 18.50 (+2.49%)
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]

Industry Packaged Foods
Founded 2022
Employees 3,150
Stock Exchange NYSE
Ticker Symbol KLG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for KLG stock is "Hold." The 12-month stock price forecast is $18.5, which is an increase of 2.49% from the latest price.

Price Target
$18.5
(2.49% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

2 days ago - Market Watch

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.

2 days ago - Reuters

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...

2 days ago - PRNewsWire

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...

8 days ago - PRNewsWire

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,...

18 days ago - Seeking Alpha

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.

24 days ago - PRNewsWire

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...

2 months ago - Market Watch

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...

3 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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 - ...

3 months ago - Seeking Alpha

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.

3 months ago - Market Watch

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...

3 months ago - Reuters

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...

3 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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.

4 months ago - Investopedia

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.

4 months ago - Benzinga

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.

Other symbols: DLTRELTSN
5 months ago - Benzinga

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...

5 months ago - PRNewsWire

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...

6 months ago - Forbes

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...

6 months ago - Seeking Alpha

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...

6 months ago - Reuters

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...

6 months ago - Market Watch

WK Kellogg Co Announces First Quarter Financial Results; Company Reaffirms 2024 Guidance

BATTLE CREEK, Mich. , May 7, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG), today published its 2024 first quarter results in documents posted to the company website at  https://investor.wkkellogg.co...

6 months ago - PRNewsWire

WK Kellogg Co to Host Conference Call on May 7

BATTLE CREEK, Mich. , April 18, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that it will host a conference call on Tuesday, May 7, 2024, at 9:30 a.m.

7 months ago - PRNewsWire