Is WK Kellogg Co (NYSE: KLG) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

KLG belongs to the Consumer Defensive sector of the NYSE while operating in the Packaged Foods industry. The current market capitalization of WK Kellogg Co is $1.50B. A total of 0.5 million shares were traded on the day, compared to an average of 873.55K shares.

In the most recent transaction, MURGUIA RAMON bought 1,000 shares of KLG for 14.64 per share on Feb 28 ’24. After the transaction, the Director now owns 10,860 company shares. In a previous transaction on Nov 22 ’23, Brice Sherry bought 3,150 shares at 11.75 per share. KLG shares that Chief Supply Chain Officer owns now total 9,335.

Among the insiders who bought shares, VanDeVelde Doug acquired of 18,700 shares on Nov 13 ’23 at a per-share price of $10.69. This resulted in the Chief Growth Officer holding 23,284 shares of KLG after the transaction. In another insider transaction, McKinstray David bought 41,715 shares at $10.70 per share on Nov 13 ’23. Company shares held by the Chief Financial Officer now total 43,880.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. WK Kellogg Co pays an annual dividend of $0.64, resulting in a dividend yield of 3.68%, and it has a price to earnings (P/E) ratio of 12.47. KLG’s most recent ex-dividend date was 8/29/2024 when it declared a $0.16 quarterly dividend that was paid in cash on 9/13/2024. Previously, the company paid the dividend on 6/14/2024 with an ex-dividend date of 5/31/2024. The KLG stock dividend was $0.16 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, KLG has a high of $24.63 and a low of $9.77.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. KLG’s latest balance sheet shows that the firm has $0.00 in Cash & Short Term Investments as of fiscal 2021. There were $8.00M in debt and $560.00M in liabilities at the time. Its Book Value Per Share was $3.91, while its Total Shareholder’s Equity was $570.00M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KLG is Buy with a score of 2.38.

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