Kellanova (K) Stock

About Kellanova

Kellanova, a worldwide enterprise, produces and supplies a diverse range of snack and convenience food products across North America, Europe, Latin America, the Asia Pacific region, the Middle East, Australia, and Africa. The company's primary offerings include various snack items such as crackers, savory treats, toaster pastries, assorted cereal and granola bars, and snack bites, along with crisps. Furthermore, its convenience food division features ready-to-eat breakfast cereals, frozen waffles, plant-based meal alternatives, and noodles. These items are marketed under an extensive portfolio of widely recognized brand names, prominently featuring Kellogg's, Cheez-It, Pringles, RXBAR, Eggo, Morningstar Farms, Pop-Tarts, and Special K. This vast array of brands also encompasses Austin, Parati, Bisco, Club, Luxe, Minueto, Toasteds, Town House, Zesta, Zoo Cartoon, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Squares, Zucaritas, Rice Krispies Treats, Sucrilhos, 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, Choco Krispies, Melvin, Cornelius, Chocovore, Poperto, Pops the Bee, and Sammy the Seal. Kellanova distributes its products to retailers through its own dedicated sales teams, as well as via independent brokers and distributors. The company, originally established in 1906, was known as Kellogg Company before adopting the name Kellanova in October 2023. Its main corporate office is situated in Chicago, Illinois.

Kellanova is headquartered in US.

Kellanova (K) stock trades at $83.44 with a market capitalization of $29.03B. The stock is valued at a price-to-earnings (P/E) ratio of 31.74, price-to-book of 6.91, price-to-sales of 3.04. Over the past 52 weeks the stock has ranged between $76.48 and $83.65, and currently trades at its 52-week high.

On profitability, Kellanova generates a return on equity (ROE) of 22.38% — well above the market average, a sign of a high-quality business, return on capital employed of 12.53%, an operating margin of 13.83%, a net profit margin of 9.55%.

In its most recent fiscal year, Kellanova reported annual revenue of $12.7B, net profit of $1.3B, revenue has compounded at -1.3% a year over the last five years, profit at 6.9% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.48, a current ratio of 0.68, total assets of $15.6B, $694.0M in cash and equivalents.

K has an average daily trading volume of 3,494,536 shares, a beta of 0.25 (less volatile than the overall market).

Official website: www.kelloggcompany.com