Kellanova/K

$59.60

0.16%
-
1D1W1MYTD1YMAX

About Kellanova

Kellanova is engaged in manufacturing and marketing of snacks and convenience foods. The Company’s segments include North America, Europe, Latin America, and AMEA (Asia Middle East Africa). Its principal products are snacks, such as crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites, and convenience foods, such as, ready-to-eat cereals, frozen waffles, veggie foods and noodles. Its snacks brands are marketed under brands such as Kellogg's, Cheez-It, Pringles, Austin, Parati, and RXBAR. Its frozen foods are marketed under the Eggo and Morningstar Farms brands. It also markets crackers, crisps, and other convenience foods, under brands such as Kellogg’s, Cheez-It, Pringles, and Austin, to supermarkets in the United States through a variety of distribution methods. Its brand names include Kellogg’s Corn Flake Crumbs, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Special K, Squares, Zucaritas, Rice Krispies Treats, and Sucrilhos for cereal bars.

Ticker

K

Sector

Consumer Non-Cyclicals

Trading on

NYSE

Industry

Food Processing

CEO

Steven Cahillane

Employees

23,000

Headquarters

Chicago, United States

Kellanova Metrics

BasicAdvanced
$21B
Market cap
22.86
P/E ratio
$2.67
EPS
0.35
Beta
$2.31
Dividend rate
3.67%
Dividend yield
$21B
0.35176
$64.45
$47.63
3.2M
$2.31
0.624
0.405
139.435
188.261
80.38%
5.54%
4.44%
20.66%
6.89%
22.865
1.701
6.623
66.249
3.76%
3.78%
3.67%
-0.44%
37.73%
-1.59%
-15.47%
0.87%

What the Analysts think about Kellanova

Analyst Ratings

Majority rating from 20 analysts.
Hold

Price Targets

Average projection from 17 analysts.
4.33% upside
High $72.00
Low $59.00
$59.60
Current price
$62.18
Average price target

Kellanova Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.34% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$3.2B
193.85%
Net income
$267M
888.89%
Profit margin
8.34%
237.65%

Kellanova Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 18.5%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.25
$1.03
$0.78
$1.01
-
Expected
$1.11
$0.84
$0.74
$0.85
$0.91
Surprise
13.05%
23.35%
5.42%
18.5%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Kellanova stock?

Kellanova (K) has a market cap of $21B as of May 29, 2024.

What is the P/E ratio for Kellanova stock?

The price to earnings (P/E) ratio for Kellanova (K) stock is 22.86 as of May 29, 2024.

Does Kellanova stock pay dividends?

Yes, the Kellanova (K) stock pays dividends to shareholders. As of May 29, 2024, the dividend rate is $2.31 and the yield is 3.67%. Kellanova has a payout ratio of 80.38% on a trailing twelve-month basis.

When is the next Kellanova dividend payment date?

The next Kellanova (K) dividend payment is scheduled for June 14, 2024.

What is the beta indicator for Kellanova?

Kellanova (K) has a beta rating of 0.35. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Kellanova stock price target?

The target price for Kellanova (K) stock is $62.18, which is 4.33% above the current price of $59.6. This is an average based on projections from 17 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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