WK Kellogg Co (KLG)
- Previous Close
18.99 - Open
19.17 - Bid 18.64 x 800
- Ask 18.68 x 800
- Day's Range
18.55 - 19.23 - 52 Week Range
9.65 - 24.63 - Volume
121,818 - Avg. Volume
1,100,165 - Market Cap (intraday)
1.606B - Beta (5Y Monthly) --
- PE Ratio (TTM)
13.45 - EPS (TTM)
1.39 - Earnings Date --
- Forward Dividend & Yield 0.64 (3.37%)
- Ex-Dividend Date May 31, 2024
- 1y Target Est
21.56
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 incorporated in 2022 and is headquartered in Battle Creek, Michigan.
www.wkkellogg.com3,150
Full Time Employees
December 30
Fiscal Year Ends
Sector
Industry
Recent News: KLG
Performance Overview: KLG
Trailing total returns as of 6/3/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: KLG
Valuation Measures
Market Cap
1.63B
Enterprise Value
2.06B
Trailing P/E
13.69
Forward P/E
9.08
PEG Ratio (5yr expected)
0.51
Price/Sales (ttm)
0.59
Price/Book (mrq)
5.14
Enterprise Value/Revenue
0.75
Enterprise Value/EBITDA
8.50
Financial Highlights
Profitability and Income Statement
Profit Margin
4.33%
Return on Assets (ttm)
11.01%
Return on Equity (ttm)
24.04%
Revenue (ttm)
2.75B
Net Income Avi to Common (ttm)
119M
Diluted EPS (ttm)
1.39
Balance Sheet and Cash Flow
Total Cash (mrq)
70M
Total Debt/Equity (mrq)
158.99%
Levered Free Cash Flow (ttm)
283.75M
Research Analysis: KLG
Company Insights: KLG
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Research Reports: KLG
Despite WK Kellogg's Prudent Efforts to Lift Profits, We Fail to See a Durable Competitive Edge
WK Kellogg is the second-largest cereal manufacturer in North America. Its cereal brands include Special K, Frosted Flakes, Raisin Bran, Froot Loops, Frosted Mini Wheats, Kashi, Corn Flakes, Rice Krispies, Apple Jacks, and Bear Naked. The company was spun off from the former Kellogg business, now known as Kellanova, where the former firm’s global snacks portfolio and international cereal brands are now housed. WK Kellogg, which began trading independently in October 2023, generates the bulk of its sales (about 88% of its fiscal 2023 base) from its home turf.
RatingPrice TargetWK Kellogg Earnings: Shares Still a Bargain as Focus on Extracting Inefficiencies Remains
WK Kellogg is the second-largest cereal manufacturer in North America. Its cereal brands include Special K, Frosted Flakes, Raisin Bran, Froot Loops, Frosted Mini Wheats, Kashi, Corn Flakes, Rice Krispies, Apple Jacks, and Bear Naked. The company was spun off from the former Kellogg business, now known as Kellanova, where the former firm’s global snacks portfolio and international cereal are now housed. WK Kellogg, which began trading in October 2023, generates the bulk of its sales (about 88% of its fiscal 2023 base) from its home turf.
RatingPrice TargetWhat does Argus have to say about KLG?
WK KELLOGG CO has an Investment Rating of BUY; a target price of $25.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetRating increased to a BUY
WK KELLOGG CO has an Investment Rating of BUY; a target price of $25.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice Target