Analyst Ratings for Kellogg Co. (K)Updated: 2017-07-28
Shares of Kellogg Co. (NYSE:K) have received a consensus rating of Hold from Wall Street analysts. K had previously received a consensus rating of Hold a month ago.
A buy rating was issued by 3 analysts, 0 gave an overweight rating, 17 gave a hold rating, 2 issued an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for K. The most optimistic analyst gave a price target of 98, implying potential capital gains of 44.86 percent. The minimum price target given was 63, implying a possible loss of -6.87 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.08 percent on average, compared to last month. That number becomes -6.11 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.13 percent. If we look at the last 90 days instead, we find a net average change of -0.25 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of K to grow at a rate of 78.36 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. K has a PEG ratio of 0.39.
In the last 52-weeks, K has achieved a high of 84.28 and a low of 65.32. Today's price is 3.57 percent above the 52-week low, and 19.73 percent lower than its 52-week high. K has a price/earnings ratio of 30.75. Investors typically compare the P/E ratio to a company's peers in the industry. The K value stock report compares K to some of its peers using value stock charts. The market cap of K is $23.71 billion. K's next earnings release will be on 0000-00-00, which is days away.