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

K Stock Overview

Manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa.

About the company

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

Rewards

Trading at 38.1% below our estimate of its fair value

Earnings are forecast to grow 13.34% per year

Earnings grew by 50% over the past year

Risk Analysis

Dividend of 3.8% is not well covered by earnings

Has a high level of debt

Kellanova Competitors

McCormickNYSE:MKCUS$19.7b

Hormel FoodsNYSE:HRLUS$19.9b

Conagra BrandsNYSE:CAGUS$14.7b

Campbell SoupNYSE:CPBUS$13.8b

Price History & Performance

Summary of all time highs, changes and price drops for Kellanova
Historical stock prices
Current Share Price	US$61.56
52 Week High	US$69.61
52 Week Low	US$47.63
Beta	0.40
1 Month Change	7.28%
3 Month Change	9.67%
1 Year Change	-9.92%
3 Year Change	-6.87%
5 Year Change	8.84%
Change since IPO	4,590.29%

Recent News & Updates

Shareholders Will Most Likely Find Kellanova's (NYSE:K) CEO Compensation AcceptableApr 20

Recent updates

Shareholders Will Most Likely Find Kellanova's (NYSE:K) CEO Compensation AcceptableApr 20Kellanova's (NYSE:K) Intrinsic Value Is Potentially 96% Above Its Share PriceMar 29Investors Can Find Comfort In Kellanova's (NYSE:K) Earnings QualityFeb 15We Think Kellanova (NYSE:K) Is Taking Some Risk With Its DebtFeb 07Earnings Tell The Story For Kellanova (NYSE:K)Jan 20Kellanova: It's Too Early For Me To Consider The Company Attractive Jan 194%-Yielding Kellanova Could Be A Diamond In The Rough Dec 20Kellanova (NYSE:K) Analysts Just Trimmed Their Revenue Forecasts By 15%Oct 05Kellanova: An Intriguing Spinoff Of WK Kellogg Oct 03Kellogg (NYSE:K) Takes On Some Risk With Its Use Of DebtOct 03Kellogg: The Problems Of A Low Margin Producer Sep 19Return Trends At Kellogg (NYSE:K) Aren't AppealingSep 14Kellogg's (NYSE:K) Upcoming Dividend Will Be Larger Than Last Year'sAug 25Kellogg: Decent Results And Cheap Valuation Aug 23Kellogg's (NYSE:K) Dividend Will Be Increased To $0.60Aug 03Kellogg: Turnaround Potential But Wait To See Next Quarter's Results Jul 13Are Investors Undervaluing Kellogg Company (NYSE:K) By 47%?Jul 11Kellogg (NYSE:K) Takes On Some Risk With Its Use Of DebtJun 26Capital Allocation Trends At Kellogg (NYSE:K) Aren't IdealJun 10Kellogg: Higher Dividend And Upcoming Spin-Off Makes It More Attractive Than General Mills May 24An Intrinsic Calculation For Kellogg Company (NYSE:K) Suggests It's 39% UndervaluedApr 06Kellogg (NYSE:K) Takes On Some Risk With Its Use Of DebtMar 23Kellogg declares $0.59 dividend Feb 17Kellogg Q4 2022 Earnings Preview Feb 08Kellogg: Buy The Drop On This Moat-Worthy Brand Jan 28Here's Why Kellogg (NYSE:K) Has Caught The Eye Of InvestorsJan 13Here's What To Make Of Kellogg's (NYSE:K) Decelerating Rates Of ReturnDec 31Kellogg approves new $1.5B buyback program Dec 12Kellogg Company's (NYSE:K) Intrinsic Value Is Potentially 65% Above Its Share PriceDec 07We Think Kellogg (NYSE:K) Can Stay On Top Of Its DebtNov 25Kellogg declares $0.59 dividend Oct 28Kellogg: Remains Attractive Ahead Of Its Portfolio Transformation Sep 19

Shareholder Returns

	K	US Food	US Market
7D	-1.5%	-0.5%	1.8%
1Y	-9.9%	-8.8%	26.1%

Return vs Industry: K underperformed the US Food industry which returned -8.8% over the past year.

Return vs Market: K underperformed the US Market which returned 26.1% over the past year.

Price Volatility

Is K's price volatile compared to industry and market?
K volatility
K Average Weekly Movement	3.2%
Food Industry Average Movement	4.4%
Market Average Movement	5.9%
10% most volatile stocks in US Market	16.1%
10% least volatile stocks in US Market	2.8%

Stable Share Price: K has not had significant price volatility in the past 3 months.

Volatility Over Time: K's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1906	23,000	Steve Cahillane	www.kellanova.com

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.

Kellanova Fundamentals Summary

How do Kellanova's earnings and revenue compare to its market cap?
K fundamental statistics
Market cap	US$21.05b
Earnings (TTM)	US$812.00m
Revenue (TTM)	US$12.98b

25.9x

P/E Ratio

1.6x

P/S Ratio

Is K overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
K income statement (TTM)
Revenue	US$12.98b
Cost of Revenue	US$8.65b
Gross Profit	US$4.34b
Other Expenses	US$3.52b
Earnings	US$812.00m

Last Reported Earnings

Mar 30, 2024

Next Earnings Date

Aug 01, 2024

Earnings per share (EPS)	2.38
Gross Margin	33.40%
Net Profit Margin	6.26%
Debt/Equity Ratio	183.6%

How did K perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

97%

Payout Ratio

Does K pay a reliable dividends?

See K dividend history and benchmarks

When do you need to buy K by to receive an upcoming dividend?
Kellanova dividend dates
Ex Dividend Date	Jun 03 2024
Dividend Pay Date	Jun 14 2024
Days until Ex dividend	13 days
Days until Dividend pay date	24 days