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 highest price target was 98, which equates to a potential upside of 44.86 percent. The most pessimistic analyst gave a price target of 63, which equates to a potential downside 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.08 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.11 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.13 percent, compared to last month. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their 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. Smaller PEG ratios are desirable, 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 below the high by 19.73 percent. K has a P/E 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 will post this quarters earnings in days, on 0000-00-00.