The Insider Activity Of Kellogg Company (K) Should Not Be Ignored

As of Friday close, Kellogg Company’s (NYSE:K) stock was up $0.09, moving up 0.12 percent to $73.01. The average number of shares traded per day over the past five days has been 3,836,680 shares. 2 times new highs have been achieved over the past 5 days, with a $0.28 gain in that time frame. In the last twenty days, the average volume was 3,072,350, while in the previous 50 days, it was 2,574,708.


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Since last month, K stock rose 7.43%. Shares of the company fell to $66.00 on 05/03/22, the lowest level in the past month. A 52-week high of $75.56 was reached on 05/10/22 after having rallying from a 52-week low of $59.54. Since the beginning of this year, K’s stock price has risen by 13.33% or $8.59, and marked a new high 19 times. However, the stock has declined by -3.37% since its 52-week high.

Kellogg Company (K) last reported insider trading activity 4 days ago on May 10. KELLOGG W K FOUNDATION TRUST, the 10% Owner of the company, disposed of 146,153 shares for $74.06 on May 10. It resulted in a $10,824,486 divestment by the insider. KELLOGG W K FOUNDATION TRUST sold 146,153 shares at an average price of $68.40 on Apr 20. The insider now owns 57,901,062 shares following the transaction. On Apr 11, 10% Owner KELLOGG W K FOUNDATION TRUST sold 146,153 shares at $67.91 apiece. The transaction was valued at $9,925,557.

Valuation Metrics

Right now, Kellogg Company (K) has a P/E ratio of about 16.26. The stock’s beta is 0.48. Besides these, the trailing price-to-sales (P/S) ratio of 1.68, the price-to-book (PB) ratio of 6.54, and the price-to-cash flow ratio of 49.45 may also be considered.

The latest dividend of $0.58 per share was paid out, remained unchanged from last year’s $0.58. On Friday April 30 2021, a $0.01 dividend increase was announced.

Financial Health

In the three months ended September 29, Kellogg Company’s quick ratio stood at 0.40, while its current ratio was 0.70, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.57, and the total debt-to-equity ratio was 1.92. On the profitability front, the trailing twelve-month gross margin is 31.10% percent. In the year ended September 29, operating margins totaled 12.60%. Based on annual data, K earned $4.56 billion in gross profit and brought in $14.18 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.80%. Return on equity (ROE) for the past 12 months was 42.90%.

In Kellogg Company’s quarter-end financial report for September 29, it reported total debt of $5.95 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. K’s revenue rose 2.4% to $3.42 billion during the quarter, while net income inched up to $3.67 billion. While analysts expected Kellogg Company to report $0.93 quarterly earnings, the actual figure was $1.09 per share, beating the consensus estimate by 17.20%. During the quarter, the company generated $450.0 million in EBITDA. The liabilities of Kellogg Company were 13.96 billion at the end of its most recent quarter ended September 29, and its total debt was $8.18 billion. The value of shareholders’ equity is $341.68 million.

Technical Picture

This quick technical analysis looks at Kellogg Company’s (K) price momentum. With a historical volatility rate of 28.46%, the RSI 9-day stood at 66.28% on 13 May.

With respect to its five-day moving average, the current Kellogg Company price is up by +0.38% percent or $0.28. At present, K shares trade +7.56% above its 20-day simple moving average and +13.42% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.79% above its SMA50 and +15.78% above its SMA200.

Stochastic coefficient K was 70.82% and Stochastic coefficient D was 73.01%, while ATR was 1.79. Given the Stochastic reading of 73.33% for the 14-day period, the RSI (14) reading has been calculated as 66.09%. As of today, the MACD Oscillator reading stands at 1.26, while the 14-day reading stands at 2.32.

Analyst Ratings

Kellogg Company downgraded its rating on Kellogg Company (NYSE: K) to an Underweight in a note to investors on May 03, 2022. The analysts firm previously had a Neutral rating on the stock.Kellogg Company (K) has been rated Hold by analysts. According to 3 brokerage firms, K is a sell, and 12 firms recommend it is a Hold. There are 3 analysts who say the stock is underweight. A total of 1 analyst rate Kellogg Company stock as buy, with 4 recommending it as overweight.

With a median target price of $70.00, the current consensus forecast for the stock is $55.00 – $83.00. Based on these forecasts, analysts predict Kellogg Company (K) will achieve an average price target of $70.45.

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