Kellogg (K)
Kellogg Statistics
Share Statistics
Kellogg has 345.22M shares outstanding. The number of shares has increased by 0.86% in one year.
| Shares Outstanding | 345.22M |
| Shares Change (YoY) | 0.86% |
| Shares Change (QoQ) | 0.22% |
| Owned by Institutions (%) | 80.98% |
| Shares Floating | 294.44M |
| Failed to Deliver (FTD) Shares | 1.08K |
| FTD / Avg. Volume | 0.05% |
Short Selling Information
The latest short interest is 5.97M, so 1.73% of the outstanding shares have been sold short.
| Short Interest | 5.97M |
| Short % of Shares Out | 1.73% |
| Short % of Float | 2.03% |
| Short Ratio (days to cover) | 2.87 |
Valuation Ratios
The PE ratio is 20.73 and the forward PE ratio is 20.88. Kellogg's PEG ratio is 0.51.
| PE Ratio | 20.73 |
| Forward PE | 20.88 |
| PS Ratio | 2.18 |
| Forward PS | 2 |
| PB Ratio | 7.38 |
| P/FCF Ratio | 15.82 |
| PEG Ratio | 0.51 |
Enterprise Valuation
Kellogg has an Enterprise Value (EV) of 25.37B.
| EV / Earnings | 18.89 |
| EV / Sales | 1.99 |
| EV / EBITDA | 10.88 |
| EV / EBIT | 13.55 |
| EV / FCF | 14.42 |
Financial Position
The company has a current ratio of 0.81, with a Debt / Equity ratio of 1.68.
| Current Ratio | 0.81 |
| Quick Ratio | 0.56 |
| Debt / Equity | 1.68 |
| Total Debt / Capitalization | 62.69 |
| Cash Flow / Debt | 0.28 |
| Interest Coverage | 6.02 |
Financial Efficiency
Return on equity (ROE) is 0.36% and return on capital (ROIC) is 14.88%.
| Return on Equity (ROE) | 0.36% |
| Return on Assets (ROA) | 0.09% |
| Return on Capital (ROIC) | 14.88% |
| Revenue Per Employee | $531,208.33 |
| Profits Per Employee | $55,958.33 |
| Employee Count | 24,000 |
| Asset Turnover | 0.82 |
| Inventory Turnover | 7.04 |
Taxes
| Income Tax | 311M |
| Effective Tax Rate | 0.19 |
Stock Price Statistics
The stock price has increased by 43.92% in the last 52 weeks. The beta is 0.33, so Kellogg's price volatility has been higher than the market average.
| Beta | 0.33 |
| 52-Week Price Change | 43.92% |
| 50-Day Moving Average | 82.21 |
| 200-Day Moving Average | 76.51 |
| Relative Strength Index (RSI) | 54.81 |
| Average Volume (20 Days) | 2.37M |
Income Statement
In the last 12 months, Kellogg had revenue of 12.75B and earned 1.34B in profits. Earnings per share was 3.92.
| Revenue | 12.75B |
| Gross Profit | 4.54B |
| Operating Income | 1.87B |
| Net Income | 1.34B |
| EBITDA | 2.33B |
| EBIT | 1.87B |
| Earnings Per Share (EPS) | 3.92 |
Balance Sheet
The company has 694M in cash and 6.34B in debt, giving a net cash position of -5.65B.
| Cash & Cash Equivalents | 694M |
| Total Debt | 6.34B |
| Net Cash | -5.65B |
| Retained Earnings | 9.36B |
| Total Assets | 15.63B |
| Working Capital | -906M |
Cash Flow
In the last 12 months, operating cash flow was 1.76B and capital expenditures 0, giving a free cash flow of 1.76B.
| Operating Cash Flow | 1.76B |
| Capital Expenditures | 0 |
| Free Cash Flow | 1.76B |
| FCF Per Share | 5.13 |
Margins
Gross margin is 35.65%, with operating and profit margins of 14.69% and 10.53%.
| Gross Margin | 35.65% |
| Operating Margin | 14.69% |
| Pretax Margin | 12.97% |
| Profit Margin | 10.53% |
| EBITDA Margin | 18.29% |
| EBIT Margin | 14.69% |
| FCF Margin | 13.81% |
Dividends & Yields
K pays an annual dividend of $2.27, which amounts to a dividend yield of 2.75%.
| Dividend Per Share | $2.27 |
| Dividend Yield | 2.75% |
| Dividend Growth (YoY) | 1.79% |
| Payout Ratio | 58.51% |
| Earnings Yield | 4.75% |
| FCF Yield | 6.18% |
Analyst Forecast
The average price target for K is $76, which is -7.8% lower than the current price. The consensus rating is "Hold".
| Price Target | $76 |
| Price Target Difference | -7.8% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
Stock Splits
The last stock split was on Oct 2, 2023. It was a forward split with a ratio of 213:200.
| Last Split Date | Oct 2, 2023 |
| Split Type | forward |
| Split Ratio | 213:200 |
Scores
| Altman Z-Score | 3.44 |
| Piotroski F-Score | 6 |