Kellanova Stock Today

K Stock  USD 54.83  0.32  0.58%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 15

 
100  
 
Zero
Low
Kellanova is selling for 54.83 as of the 2nd of March 2024. This is a -0.58 percent down since the beginning of the trading day. The stock's last reported lowest price was 54.43. Kellanova has less than a 15 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Kellanova are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of February 2024 and ending today, the 2nd of March 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
IPO Date
17th of December 1984
Category
Consumer Defensive
Classification
Consumer Staples
Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company was founded in 1906 and is headquartered in Battle Creek, Michigan. Kellogg operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. The company has 340.68 M outstanding shares of which 11.76 M shares are now sold short by investors with about 4.02 days to cover all short positions. More on Kellanova

Moving against Kellanova Stock

  0.56XXII 22nd Century Group Earnings Call This WeekPairCorr
  0.41BTTR Better Choice Report 26th of March 2024 PairCorr

Kellanova Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kellanova's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kellanova or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Kellanova's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kellanova's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanSteven Cahillane
Thematic Ideas
(View all Themes)
SEC FilingsKellanova Security & Exchange Commission EDGAR Reports
Business ConcentrationPackaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NYSE Composite, SP 500 Index, SP TSX Composite, Macroaxis Picks, Food Products, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Analysts covering Kellanova report their recommendations after researching Kellanova's financial statements, talking to executives and customers, or listening in on Kellanova's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Kellanova. The Kellanova consensus assessment is calculated by taking the average forecast from all of the analysts covering Kellanova.
Financial Strength
Based on the key measurements obtained from Kellanova's financial statements, Kellanova is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Kellanova is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted391.1 M350 M
Moderately Up
Pretty Stable
Weighted Shares308.1 M307.2 M
Slightly Up
Slightly volatile
Return on Assets0.05130.0459
Moderately Up
Slightly volatile
Net Cash Flow from Operations1.9 B1.9 B
Fairly Down
Slightly volatile
Current Liabilities6.7 B7.3 B
Significantly Down
Slightly volatile
Total Liabilities16.3 B16.2 B
Slightly Up
Slightly volatile
Gross Margin0.290.27
Notably Up
Slightly volatile
Total Debt6.7 B6.4 B
Sufficiently Up
Slightly volatile
Asset Turnover0.660.61
Significantly Up
Very volatile
Current Assets4.5 B4.8 B
Significantly Down
Slightly volatile
Total Assets20.8 B21.3 B
Fairly Down
Slightly volatile
Kellanova's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kellanova's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Kellanova's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Kellanova's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kellanova's financial leverage. It provides some insight into what part of Kellanova's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Kellanova's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Kellanova deploys its capital and how much of that capital is borrowed.
Liquidity
Kellanova cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 6.53 B in total debt with debt to equity ratio (D/E) of 1.56, which looks OK as compared to the sector. Kellanova has a current ratio of 0.73, which means it has a negative working capital and may have difficulties to pay out interest payments when they become due. Debt can assist Kellanova until it has trouble settling it off, either with new capital or with free cash flow. So, Kellanova's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kellanova sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kellanova to invest in growth at high rates of return. When we think about Kellanova's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.88 Billion
Kellanova (K) is traded on New York Stock Exchange in USA. It is located in 412 North Wells Street, Chicago, IL, United States, 60654 and employs 23,000 people. Kellanova is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current capitalization of 18.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kellanova's market, we take the total number of its shares issued and multiply it by Kellanova's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kellanova operates under Food Products sector and is part of Consumer Staples industry. The entity has 340.68 M outstanding shares of which 11.76 M shares are now sold short by investors with about 4.02 days to cover all short positions. Kellanova has accumulated about 299 M in cash with 1.65 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1.
Check Kellanova Probability Of Bankruptcy
Ownership Allocation
Kellanova maintains a total of three hundred fourty million six hundred seventy-eight thousand sixteen outstanding shares. The majority of Kellanova outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Kellanova to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Kellanova. Please pay attention to any change in the institutional holdings of Kellanova as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kellanova Ownership Details

Kellanova Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Kellanova jumping above the current price in 90 days from now is about 47.18%. The Kellanova probability density function shows the probability of Kellanova stock to fall within a particular range of prices over 90 days. Taking into account the 90-day investment horizon Kellanova has a beta of 0.8022. This indicates as returns on the market go up, Kellanova average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kellanova will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Kellanova is significantly underperforming NYSE Composite.
  Odds Below 54.83HorizonTargetOdds Above 54.83
52.36%90 days
 54.83 
47.18%
Based on a normal probability distribution, the odds of Kellanova to move above the current price in 90 days from now is about 47.18 (This Kellanova probability density function shows the probability of Kellanova Stock to fall within a particular range of prices over 90 days) .

Kellanova Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Kellanova that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kellanova's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kellanova's value.
InstituionRecorded OnShares
Van Eck Associates Corporation2023-09-30
4.9 M
Northern Trust Corp2023-09-30
4.1 M
Morgan Stanley - Brokerage Accounts2023-09-30
3.5 M
Norges Bank2023-12-31
2.7 M
Ubs Asset Mgmt Americas Inc2023-09-30
2.6 M
Amundi2023-09-30
2.6 M
Bank Of New York Mellon Corp2023-09-30
2.5 M
State Farm Mutual Automobile Ins Co2023-09-30
2.4 M
Legal & General Group Plc2023-09-30
2.3 M
Kellogg W K Foundation Trust2023-09-30
54 M
Vanguard Group Inc2023-09-30
31 M
View Kellanova Diagnostics

Kellanova Historical Income Statement

Kellanova Income Statement is one of the three primary financial statements used for reporting Kellanova's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kellanova revenue and expense. Kellanova Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Kellanova's Net Income Common Stock is quite stable as compared to the past year. Operating Expenses is expected to rise to about 2.5 B this year, although the value of Direct Expenses will most likely fall to about 8.7 B. View More Fundamentals

Kellanova Stock Against Markets

Picking the right benchmark for Kellanova stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kellanova stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kellanova is critical whether you are bullish or bearish towards Kellanova at a given time. Please also check how Kellanova's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kellanova without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Bond Analysis Now

   

Bond Analysis

Evaluate and analyze corporate bonds as a potential investment for your portfolios.
All  Next Launch Module

Kellanova Corporate Directors

Kellanova corporate directors refer to members of a Kellanova board of directors. The board of directors generally takes responsibility for the Kellanova's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Kellanova's board members must vote for the resolution. The Kellanova board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Carter CastIndependent DirectorProfile
Gordon GundLead Independent DirectorProfile
John DillonIndependent DirectorProfile
James JennessNon-Executive DirectorProfile

How to buy Kellanova Stock?

Before investing in Kellanova, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Kellanova. To buy Kellanova stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kellanova. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Kellanova stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Kellanova stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Kellanova stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Kellanova, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Kellanova Stock please use our How to Invest in Kellanova guide.

Already Invested in Kellanova?

The danger of trading Kellanova is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kellanova is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kellanova. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kellanova is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Kellanova is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kellanova Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kellanova Stock. Highlighted below are key reports to facilitate an investment decision about Kellanova Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Kellanova Stock analysis

When running Kellanova's price analysis, check to measure Kellanova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kellanova is operating at the current time. Most of Kellanova's value examination focuses on studying past and present price action to predict the probability of Kellanova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kellanova's price. Additionally, you may evaluate how the addition of Kellanova to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Fundamental Analysis
View fundamental data based on most recent published financial statements
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Is Kellanova's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kellanova. If investors know Kellanova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kellanova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.13)
Dividend Share
2.34
Earnings Share
2.25
Revenue Per Share
38.359
Quarterly Revenue Growth
(0.17)
The market value of Kellanova is measured differently than its book value, which is the value of Kellanova that is recorded on the company's balance sheet. Investors also form their own opinion of Kellanova's value that differs from its market value or its book value, called intrinsic value, which is Kellanova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kellanova's market value can be influenced by many factors that don't directly affect Kellanova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kellanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kellanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kellanova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.