Is WK Kellogg Co’s (NYSE: KLG) 12.82% Gain This Week Telling Us Something New?

During the last session, WK Kellogg Co (NYSE:KLG)’s traded shares were 0.89 million. At the end of the trading day, the stock’s price was $23.94, reflecting an intraday loss of -1.64% or -$0.4. The 52-week high for the KLG share is $24.63, that puts it down -2.88 from that peak though still a striking 59.69% gain since the share price plummeted to a 52-week low of $9.65. The company’s market capitalization is $2.05B, and the average trade volume was 1.19 million shares over the past three months.

WK Kellogg Co (NYSE:KLG) trade information

WK Kellogg Co (KLG) registered a -1.64% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.64% in intraday trading to $23.94, hitting a weekly high. The stock’s 5-day price performance is 12.82%, and it has moved by 26.87% in 30 days.

WK Kellogg Co (KLG) estimates and forecasts

Statistics show that WK Kellogg Co has outperformed its competitors in share price, compared to the industry in which it operates. WK Kellogg Co (KLG) shares have gone up 132.88% during the last six months, with a year-to-date growth rate more than the industry average at 17.97% against 4.10. In the rating firms’ projections, revenue will decrease -1.70% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 697.79M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 679.87M by the end of current fiscal year.

While earnings are projected to return -33.86% in 2024.

KLG Dividends

WK Kellogg Co is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for WK Kellogg Co is 0.32, with the dividend yield indicating at 1.34 percent, continuing the trend of increasing dividends in recent years.

WK Kellogg Co (NYSE:KLG)’s Major holders