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.
Investment analysts gave a few price targets for K. The most optimistic analyst gave a price target of 98, implying a possible profit of 44.86 percent. The lowest price target was 63, implying potential capital losses of -6.87 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.08 percent. That number becomes -6.11 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.13 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.25 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, 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.
K has an estimated earnings growth rate of 78.36 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of K is 0.39.
K has traded between a high of 84.28 and a low of 65.32 over the past year. The current market price is above the trailing year's low by 3.57 percent, 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 stock has a market capitalization of $23.71 billion. K is estimated to release their earnings results for the quarter on 0000-00-00, days from today.