Watch Kellogg Company (K) Thoroughly If Stock Pulls Back

KELLOGG W K FOUNDATION TRUST, 10% Owner, subtracted 100,000 shares of Kellogg Company (K) from its portfolio at the rate of $54.84 per share valuing $5,484,240 on Jun 10. The insider left behind 64,031,838 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Kellogg Company (K) was $56.61. Currently, the 1st Resistance Point for this stock is $56.88, with a 2nd Resistance Point sitting at $57.16. Meanwhile, this company’s stock has a 1st Support Level at $56.24 and a 2nd Support Level at $55.88. Kellogg Company (K) stock has gained $0.84, or 1.51%, in the past five days. In the last full month, these shares have lost -$1.17, or -2.02%. In the past three months, this stock’s price has risen by $3.00, or 5.60%. This year-to-date, Kellogg Company (K) shares have lost -$0.40, or -0.70%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Kellogg Company (K) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”

With 340,497 K shares outstanding, this company currently has a market capitalization of $19,142,742K. Kellogg Company (K) generates $13,547 M in annual sales, amounting to annual net income of $1,336 M. This stock has generated a 1-Year Total Return of -13.93%, a 3-Year Total Return of -26.26%, and a 5-year Total Return of -15.81%. This stock’s 5-Year Dividend Growth is 22.22%, with its most recent dividend valued at $0.560 per share on 05/31/19. Its Annual Dividend Yield is 4.02%, and its Annual Dividend Rate is 2.24.

In the most recently-reported fiscal quarter, which ended in Mar-19, Kellogg Company (K) reported earnings of $1.01 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.95 per share, representing a 0.06 difference and 6.60% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.91 represented a 0.03 difference from the consensus estimate calling for $0.88 per share, which was a 3.02% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.94 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was $1.02 and the low estimate was $0.86. In the year-ago quarter, Kellogg Company (K) generated per-share earnings of $1.14. If the analysts are correct about the current quarter’s earnings, the growth will be -17.54% .

Turning our focus now to insider trading activity, there have been 11 purchases (30,625 shares in total) and 6 sale (600,000 shares in total) in the last 3 months. In the last 6 months, there have been 38 insider buys amounting to 75,965 shares and 19 insider sales amounting to 1,210,490 shares. In the past full year, 41 insider purchases were made (involving 169,680 shares) and 28 insider sell-offs equivalent to 2,437,226 shares.

Moving onto liquidity, Kellogg Company (K) has a Current Ratio of 0.70, a Quick Ratio of 0.40 and a Cash Ratio of 0.07. Looking at this company’s capital structure, its Total Debt to Total Equity is 341.91, its Total Debt to Total Capital is 77.37, and its Total Debt to Total Assets is now 50.02. Looking even further ahead into the future, its Long-Term Debt to Equity is 315.53 and its Long-Term Debt to Total Capital is 71.40.