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How Does Kellogg Compare with Its Peers on Key Moving Averages?

Sue Miller

Why Kellogg’s Stock Rose 4% after Fiscal 4Q15 Earnings

(Continued from Prior Part)

Kellogg’s moving averages

Kellogg Company (K) closed yesterday’s trade at $73.69. It is trading 5.3% above its 100-day moving average, 3.1% above its 50-day moving average, and 2.8% above its 20-day moving average. The stock has risen 6% in the last two months. Kellogg’s peers in the industry include General Mills (GIS), ConAgra Foods (CAG), and Pinnacle Foods (PF).

General Mills closed yesterday’s trade at $55.98, which is 1.7% below its 100-day moving average, 1.5% below its 50-day moving average, and 1.0% below its 20-day moving average. The stock has fallen 3.0% in the last two months. ConAgra Foods closed at $40.26, which is 1.3% below its 100-day moving average, 0.7% below its 50-day moving average, and 0.8% above its 20-day moving average. CAG has risen 1.8% in the last two months.

Pinnacle Foods is trading 6.2% below its 100-day moving average, 5.5% below its 50-day moving average, and 3.9% below its 20-day moving average. It has fallen 1.1% in the last two months. PF closed at $39.98 in yesterday’s trade.
The Guggenheim S&P 500 Equal Weight Consumer Staples ETF (RHS) invests 2.6% of its holdings in K, 2.7% of its holdings in CAG, and 2.5% of its holdings in GIS. RHS is trading 0.83% and 0.24% above its 100-day and 20-day moving averages, respectively, but 0.83% below its 50-day moving average. It closed yesterday’s trade at $113.06.

Analysts’ estimates

Analysts’ estimates indicate rises of 0.69% for K, 4.8% for GIS, 11.7% for CAG, and 16.8% for PF over the next 12 months. As of yesterday, K, GIS, CAG, and PF have seen YTD (year-to-date) returns of 2.0%, -2.9%, -45%, and -5.8%, respectively. RHS has fallen 2.5% YTD. The PowerShares DWA Consumer Staples Momentum Portfolio (PSL) also invests 2.3% of its holdings in PF.

In the next part of this series, we’ll have a look at analysts’ recommendations for Kellogg (K).

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