|Bid||56.36 x 900|
|Ask||56.71 x 800|
|Day's Range||56.55 - 57.24|
|52 Week Range||53.14 - 74.98|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||16.73|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||2.24 (3.71%)|
|1y Target Est||58.82|
The snack market is booming, bringing in a whopping $605 billion in global sales last year, and there are even more growth opportunities ahead, according to Citi.
My family has a long and storied history of military service – with recognized service in major military conflicts including Persian Gulf War, Vietnam War, World War II and World War I. I had the privilege of joining the U.S. Air Force after I graduated from high school and I look back on my time in the military with pride that I could serve our country. As Memorial Day approaches, my thoughts turn to those who paid the ultimate sacrifice and died in military service. As an enlisted veteran, I had work experience but had not yet earned a college degree.
Kellogg Stock Is Down 5% since Its Q1 Results—What’s Next?(Continued from Prior Part)Unattractive valuationDespite the recent weakness in the Kellogg Company (K) stock, it looks unattractive on the valuation front. Kellogg stock is trading at a
Kellogg Stock Is Down 5% since Its Q1 Results—What’s Next?(Continued from Prior Part)EPS could continue to fallWe expect the Kellogg Company’s (K) earnings to remain subdued in the coming quarters, reflecting pressure on its margins.
Kellogg Stock Is Down 5% since Its Q1 Results—What’s Next?(Continued from Prior Part)Factors that could hurt Kellogg’s top line We expect the Kellogg Company (K) to continue to disappoint with its sales performance in the coming quarters.
Kellogg Stock Is Down 5% since Its Q1 Results—What’s Next?Weakness in base business continues to hurtShares of the Kellogg Company (K) are down ~5% since the company posted weak first-quarter earnings results on May 2. Low organic sales, cost
BATTLE CREEK, Mich., May 21, 2019 /PRNewswire/ -- This summer, Pringles is releasing a new Mystery Flavor, giving fans the ultimate opportunity to taste and guess the flavor for a chance to win a $10,000 prize. The Mystery Flavor crisps are available exclusively at Walgreens stores across the nation for a limited time only through July 30. The Mystery Flavor and contest winner will be revealed on or about August 18.
They make their own food, often eat alone and want to up their game by watching YouTube chefs. Now the food industry is responding.
New cereal offers even more crunchy texture, with real almonds and vanilla flavor BATTLE CREEK, Mich. , May 15, 2019 /PRNewswire/ -- This summer the cereal aisle will get a bit sunnier with the addition ...
Horizon Kinetics recently released its Q1 2019 Market Commentary, in which it has shared its expert opinion on several companies in its portfolio. Among those holdings was Kellogg Company (NYSE:K), for which the fund said it is dealing with product saturation, hence it is failing to grow its businesses further. According to the fund, this […]
BATTLE CREEK, Mich., May 9, 2019 /PRNewswire/ -- Sheila Gamble, Vice President, Mass Sales, shares how Kellogg Company is working with its partners to make a difference and reduce hunger. One of the reasons I joined Kellogg is because of our company's ability to make a significant impact. At Kellogg we believe in the power of partnerships.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Kellogg Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
BATTLE CREEK, Mich., May 9, 2019 /PRNewswire/ -- Fueling your morning just got easier thanks to 12g of complete protein per serving from new waffle brand Off the Grid. Off the Grid's complete protein comes from a recipe that combines soy protein isolate, whey protein concentrate, whole wheat flour, egg whites, hemp seeds and cage-free whole eggs, while bringing the warm, toasted flavors of Vanilla Buttermilk, Cinnamon Brown Sugar and Wild Blueberry easily into any morning routine.
Kellogg Co NYSE:KView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for K with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $2.73 billion over the last one-month into ETFs that hold K are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. K credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK , May 3, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Kellogg Company ("Kellogg" or the "Company")(NYSE: ...
A former Procter & Gamble finance director has been named the next chief financial officer of Kellogg Co., whose business includes the Pringles potato chips brand acquired from Procter.
U.S. stocks eased further from recent record highs on Thursday as investors digested comments from Federal Reserve Chairman Jerome Powell the previous day that dampened some investor hopes of an interest rate cut this year. On Wednesday, Powell sought to downplay low inflation as transient, forcing traders to lower their bets on a rate cut this year and snapping a rally in the S&P 500 on Wednesday. Stocks have "done extremely well, and pockets of the market are overdone," said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey.
Kellogg earnings for the first quarter of 2019 have K stock falling on Thursday.Source: Shutterstock Kellogg (NYSE:K) reported earnings per share of $1.01 for the first quarter of the year. This is down from the company's earnings per share of $1.23 for the first quarter of 2018. Despite this drop, it still comes in above Wall Street's earnings per share estimate of 95 cents, but wasn't enough to stop K stock from falling today.Kellogg earnings for the first quarter of 2019 also includes net income of $285 million. This is a decrease from the company's net income of $444 million reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Kellogg earnings report for the first quarter of the year has operating income of $381 million. That's a drop from the company's operating income of $510 million reported in the first quarter of the previous year.Revenue reported in the Kellogg earnings release for the first quarter of 2019 comes in at $3.52 billion. This is better than the company's revenue of $3.40 billion reported during the same time last year. Unfortunately for K stock, it still misses analysts' revenue estimate of $3.54 billion for the quarter. * The 10 Best Stocks to Buy for May This isn't the only bad news for K stock today. The company has also announced that it will be replacing its current CFO, Fareed Khan. Khan will be leaving Kellogg behind after the completion of the second quarter. Taking over his position is Amit Banati, the current President of Kellogg Asia Pacific, Africa & Middle East.K stock was down 3% as of Thursday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Stocks to Buy for May * 5 Elephant-Sized Companies Warren Buffett Could Buy * 7 Cheap ETFs for Novice Investors As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Kellogg Earnings: K Stock Drops on Mixed Q1 Report appeared first on InvestorPlace.
Rising costs and shifting tastes continue to create hurdles for Kellogg, which posted a 36.5% profit decline in the first quarter. The company said Thursday that it was replacing its chief financial officer Fareed Khan on July 1. Cereal sales in North America slid 4% when currency fluctuations are removed.
At 12:50 p.m. ET the Dow Jones Industrial Average was down 202.80 points, or 0.77%, at 26,227.34, the S&P 500 was down 13.61 points, or 0.47%, at 2,910.12 and the Nasdaq Composite was down 40.44 points, or 0.50%, at 8,009.20. The S&P index recorded nine new 52-week highs and six new lows, while the Nasdaq recorded 41 new highs and 53 new lows.
Kellogg Reports Mixed Q1 Results, Earnings Remain Pressured(Continued from Prior Part)Stock slumps following first-quarter resultsThe Kellogg Company (K) posted weaker-than-expected sales in the first quarter of 2019, following which its stock fell