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Kellanova (K)

57.98 +0.60 (+1.05%)
At close: April 22 at 4:00 PM EDT
57.85 -0.13 (-0.22%)
After hours: April 22 at 7:43 PM EDT
Loading Chart for K
DELL
  • Previous Close 57.38
  • Open 57.50
  • Bid 57.60 x 1000
  • Ask 58.50 x 800
  • Day's Range 57.17 - 58.33
  • 52 Week Range 47.63 - 67.89
  • Volume 1,848,944
  • Avg. Volume 3,226,006
  • Market Cap (intraday) 19.815B
  • Beta (5Y Monthly) 0.41
  • PE Ratio (TTM) 25.77
  • EPS (TTM) 2.25
  • Earnings Date May 2, 2024
  • Forward Dividend & Yield 2.24 (3.90%)
  • Ex-Dividend Date Feb 29, 2024
  • 1y Target Est 59.24

Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Eggo, Morningstar Farms, Bisco, Club, Luxe, Minueto, Special K, Toasteds, Town House, Zesta, Zoo Cartoon, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Squares, Zucaritas, Rice Krispies Treats, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, LCMs, Coco Pops, Krave, Frosties, Rice Krispies Squares, Incogmeato, Veggitizers, Gardenburger, Trink, Carr's, Kellogg's Extra, Müsli, Fruit ‘n Fibre, Kellogg's Crunchy Nut, Country Store, Smacks, Honey Bsss, Zimmy's, Toppas, Tresor, Froot Ring, Chocos, Chex, Guardian, Just Right, Sultana Bran, Rice Bubbles, Sustain, and Choco Krispies brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was formerly known as Kellogg Company and changed its name to Kellanova in October 2023. Kellanova was founded in 1906 and is headquartered in Chicago, Illinois.

www.kellanova.com

23,000

Full Time Employees

December 30

Fiscal Year Ends

Recent News: K

Performance Overview: K

Trailing total returns as of 4/22/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

K
4.75%
S&P 500
5.05%

1-Year Return

K
4.61%
S&P 500
21.22%

3-Year Return

K
6.71%
S&P 500
20.06%

5-Year Return

K
26.86%
S&P 500
72.48%

Compare To: K

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: K

Valuation Measures

Annual
As of 4/19/2024
  • Market Cap

    19.61B

  • Enterprise Value

    25.86B

  • Trailing P/E

    25.50

  • Forward P/E

    16.00

  • PEG Ratio (5yr expected)

    3.04

  • Price/Sales (ttm)

    1.51

  • Price/Book (mrq)

    6.18

  • Enterprise Value/Revenue

    1.97

  • Enterprise Value/EBITDA

    14.68

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    7.25%

  • Return on Assets (ttm)

    5.13%

  • Return on Equity (ttm)

    20.35%

  • Revenue (ttm)

    13.12B

  • Net Income Avi to Common (ttm)

    775M

  • Diluted EPS (ttm)

    2.25

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    283M

  • Total Debt/Equity (mrq)

    193.71%

  • Levered Free Cash Flow (ttm)

    486.25M

Research Analysis: K

Analyst Price Targets

54.00 Low
59.24 Average
57.98 Current
67.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: K

Fair Value

57.98 Current
 

Dividend Score

0 Low
K
Sector Avg.
100 High
 

Hiring Score

0 Low
K
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
K
Sector Avg.
100 High
 

Research Reports: K

  • Analyst Report: Kellanova

    Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.

    Rating
    Price Target
     
  • Analyst Report: Kellanova Co

    Kellanova, based in Chicago, is a major producer of snacks and convenience foods. The company's most well-known brands include Pop-Tarts, Eggo waffles, Pringles, Morningstar Farms, and Cheez-It. The company also owns international cereal brands including Frosties, Zucaritas, Special K, Krave, Miel Pops, Coco Pops, and Crunchy Nut. Kellanova sells its products in more than 180 countries and has manufacturing facilities in 21 countries. The company has approximately 23,000 employees. Kellanova shares are a component of the S&P 500.

    Rating
    Price Target
     
  • Market Digest: ADTN, AMT, CENT, K, MAT, PEG, BYND

    Confounding the Experts

     
  • The Argus High-Yield Model Portfolio

    Value stocks -- a market segment that includes high-yield stocks -- outperformed growth stocks in 2022. That's a recent rarity, as for the past decade-plus, the performance record has favored growth. But the tide turned in 2022. The rollout of COVID-19 vaccines gave a lift to some of the cyclical companies (energy and regional banks) that had lagged in recent quarters, and value stocks outpaced growth stocks that year. While growth stocks have retaken the lead since 2023, the Federal Reserve continues to keep interest rates high to fend off inflation. This could possibly cap multiple expansion for growth companies in coming quarters. In any event, the value sector is the place to achieve income.

     

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