Kellanova (NYSE:K) - Stock Price, News & Analysis

K Stock Overview

Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods.

K fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	1/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 53.6% below our estimate of its fair value

Earnings are forecast to grow 13.48% per year

Risk Analysis

Profit margins (5.2%) are lower than last year (10%)

Dividend of 4.43% is not well covered by earnings

Has a high level of debt

Kellanova Competitors

McCormick

NYSE:MKC

US$17.7b

Hormel Foods

NYSE:HRL

US$17.1b

Conagra Brands

NYSE:CAG

US$13.6b

Lamb Weston Holdings

NYSE:LW

US$14.6b

Price History & Performance

Summary of all time highs, changes and price drops for Kellanova
Historical stock prices
Current Share Price	US$52.88
52 Week High	US$74.72
52 Week Low	US$47.63
Beta	0.43
1 Month Change	1.58%
3 Month Change	-11.08%
1 Year Change	-27.91%
3 Year Change	-14.64%
5 Year Change	-12.31%
Change since IPO	208.79%

Recent updates

Kellogg: Higher Dividend And Upcoming Spin-Off Makes It More Attractive Than General Mills

May 24

An Intrinsic Calculation For Kellogg Company (NYSE:K) Suggests It's 39% Undervalued

Apr 06

Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt

Mar 23

Kellogg declares $0.59 dividend

Feb 17

Kellogg Q4 2022 Earnings Preview

Feb 08

Kellogg: Buy The Drop On This Moat-Worthy Brand

Jan 28

Here's Why Kellogg (NYSE:K) Has Caught The Eye Of Investors

Jan 13

Here's What To Make Of Kellogg's (NYSE:K) Decelerating Rates Of Return

Dec 31

Kellogg approves new $1.5B buyback program

Dec 12

Kellogg Company's (NYSE:K) Intrinsic Value Is Potentially 65% Above Its Share Price

Dec 07

We Think Kellogg (NYSE:K) Can Stay On Top Of Its Debt

Nov 25

Kellogg declares $0.59 dividend

Oct 28

Kellogg: Remains Attractive Ahead Of Its Portfolio Transformation

Sep 19

Kellogg: Appealing Dividend, But Only Moderately Attractive In Terms Of Risk And Reward

Aug 14

Kellogg (NYSE:K) Will Pay A Larger Dividend Than Last Year At $0.59

Aug 06

Kellogg's (NYSE:K) Returns Have Hit A Wall

Aug 03

Kellogg raises dividend by 2% to $0.59

Jul 29

Should You Be Adding Kellogg (NYSE:K) To Your Watchlist Today?

Jul 21

Kellogg: The Splitting Of A 100-Year-Old Brand

Jul 18

We Think Kellogg (NYSE:K) Can Stay On Top Of Its Debt

Jul 07

Kellogg: The Issue With Sales Growth And Free Cash Flow

Jun 06

Kellogg Company: No Improvement Since 2012

May 27

Kellogg (NYSE:K) Is Due To Pay A Dividend Of US$0.58

May 19

Kellogg's (NYSE:K) Dividend Will Be US$0.58

May 05

Kellogg: A Stock To Reduce The Volatility Of Your Investment Portfolio

Apr 22

Slowing Rates Of Return At Kellogg (NYSE:K) Leave Little Room For Excitement

Apr 17

These 4 Measures Indicate That Kellogg (NYSE:K) Is Using Debt Reasonably Well

Apr 05

Shareholder Returns

	K	US Food	US Market
7D	0.7%	-0.4%	1.1%
1Y	-27.9%	-14.4%	11.7%

Return vs Industry: K underperformed the US Food industry which returned -14.4% over the past year.

Return vs Market: K underperformed the US Market which returned 11.7% over the past year.

Price Volatility

Is K's price volatile compared to industry and market?
K volatility
K Average Weekly Movement	4.2%
Food Industry Average Movement	5.1%
Market Average Movement	6.1%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	2.9%

Stable Share Price: K is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: K's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1906	30,000	Steve Cahillane	https://www.kellanova.com/us/en

Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, Asia, the Middle East, 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.

Kellanova Fundamentals Summary

How do Kellanova's earnings and revenue compare to its market cap?
K fundamental statistics
Market Cap	US$18.11b
Earnings (TTM)	US$826.00m
Revenue (TTM)	US$15.87b

21.9x

P/E Ratio

1.1x

P/S Ratio

Is K overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
K income statement (TTM)
Revenue	US$15.87b
Cost of Revenue	US$10.82b
Gross Profit	US$5.05b
Other Expenses	US$4.22b
Earnings	US$826.00m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.41
Gross Margin	31.83%
Net Profit Margin	5.21%
Debt/Equity Ratio	167.9%

How did K perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

98%

Payout Ratio

K Stock Overview

Rewards

Risk Analysis

Kellanova Competitors

NYSE:MKC

US$17.7b

NYSE:HRL

US$17.1b

NYSE:CAG

US$13.6b

NYSE:LW

US$14.6b

Price History & Performance

Recent News & Updates

Upcoming dividend of US$0.56 per share at 4.4% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Kellanova Provides Earnings Guidance for the Fourth Quarter of 2023

Consensus EPS estimates fall by 11%

Kellanova Declares Regular Dividend, Payable on December 15, 2023

Kellanova Declares Regular Dividend, Payable on December 15, 2023

Recent updates

Upcoming dividend of US$0.56 per share at 4.4% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Kellanova Provides Earnings Guidance for the Fourth Quarter of 2023

Consensus EPS estimates fall by 11%

Kellanova Declares Regular Dividend, Payable on December 15, 2023

Kellanova Declares Regular Dividend, Payable on December 15, 2023

Investor sentiment deteriorates as stock falls 15%

Kellanova (NYSE:K) Analysts Just Trimmed Their Revenue Forecasts By 15%

Kellanova: An Intriguing Spinoff Of WK Kellogg

Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt

Kellogg: The Problems Of A Low Margin Producer

Return Trends At Kellogg (NYSE:K) Aren't Appealing

Kellogg Company Provides Earnings Guidance for 2024

Kellogg Company Announces Pop-Tarts Unveils Its Newest Flavor Innovation, Frosted Chocolatey Chip Pancake

Kellogg Company Introduces Limited-Edition Pringles Everything Bagel

Kellogg's (NYSE:K) Upcoming Dividend Will Be Larger Than Last Year's

Upcoming dividend of US$0.60 per share at 3.9% yield

Kellogg: Decent Results And Cheap Valuation

Kellogg Company Revises Earnings Guidance for the Full Year of 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Kellogg's (NYSE:K) Dividend Will Be Increased To $0.60

Kellogg Company Declares Dividend on the Common Stock of the Company, Payable on September 15, 2023

Kellogg: Turnaround Potential But Wait To See Next Quarter's Results

Are Investors Undervaluing Kellogg Company (NYSE:K) By 47%?

Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt

Capital Allocation Trends At Kellogg (NYSE:K) Aren't Ideal

Kellogg Company Introduces Pringles Harvest Blends

Kellogg: Higher Dividend And Upcoming Spin-Off Makes It More Attractive Than General Mills

Upcoming dividend of US$0.59 per share at 3.4% yield

Insider notifies of intention to sell stock

Insider recently sold US$2.8m worth of stock

Kellogg Company's Raisin Bran Introduces the Addition of Kellogg's Raisin Bran Maple Flavor

Kellogg Company Revises Earnings Guidance for the Full Year of 2023

First quarter 2023 earnings released: EPS: US$0.87 (vs US$1.24 in 1Q 2022)

An Intrinsic Calculation For Kellogg Company (NYSE:K) Suggests It's 39% Undervalued

Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt

Insufficient new directors

Vice Chairman of Corporate Development exercised options and sold US$611k worth of stock

Kellogg Company Announces Resignation of Richard W. Dreiling from the Board of Directors

Kellogg declares $0.59 dividend

Kellogg Company, Annual General Meeting, Apr 28, 2023

Full year 2022 earnings released: EPS: US$2.82 (vs US$4.36 in FY 2021)

Kellogg Company Provides Earnings Guidance for the Full Year of 2023

Kellogg Q4 2022 Earnings Preview

Kellogg: Buy The Drop On This Moat-Worthy Brand

Here's Why Kellogg (NYSE:K) Has Caught The Eye Of Investors

Kellogg Company's Vitamin D Petition Accepted by FDA

Here's What To Make Of Kellogg's (NYSE:K) Decelerating Rates Of Return

Kellogg Company (NYSE:K) announces an Equity Buyback for $1,500 million worth of its shares.

Kellogg approves new $1.5B buyback program

Kellogg Company's (NYSE:K) Intrinsic Value Is Potentially 65% Above Its Share Price

Kellogg Company Announces Kellogg's Krave Double Chocolate Brownie Batter Cereal and Kellogg's Froot Loops with Marshmallows Jumbo Snax

Kellogg Company to Report Q1, 2023 Results on May 04, 2023

We Think Kellogg (NYSE:K) Can Stay On Top Of Its Debt

Insufficient new directors

Kellogg Company Raises Net Sales Guidance for the Full Year of 2022

Kellogg Company Declares Regular Dividend, Payable on December 15, 2022

Kellogg declares $0.59 dividend

Kellogg Company's Eggo® Launches First-Ever Eggo Nog, A Spirited Holiday Drink Made with Sugarlands Distilling Co., to Spread Cheers