Grufity logoGrufity logo

Kellogg Co Stock Research

K

65.83USD+0.36(+0.55%)Market Closed

Market Summary

USD65.83+0.36
Market Closed
0.55%

K Alerts

K Stock Price

K RSI Chart

K Valuation

Market Cap

22.4B

Price/Earnings (Trailing)

23.38

Price/Sales (Trailing)

1.47

EV/EBITDA

14.51

Price/Free Cashflow

19.3

K Price/Sales (Trailing)

K Profitability

EBT Margin

7.82%

Return on Equity

24.36%

Return on Assets

5.19%

Free Cashflow Yield

5.18%

K Fundamentals

K Revenue

Revenue (TTM)

15.3B

Revenue Y/Y

12.08%

Revenue Q/Q

-2.86%

K Earnings

Earnings (TTM)

960.0M

Earnings Y/Y

-122.63%

Earnings Q/Q

-131.61%

Price Action

52 Week Range

62.2977.17
(Low)(High)

Last 7 days

1.3%

Last 30 days

-1.9%

Last 90 days

-9.4%

Trailing 12 Months

5.7%

K Financial Health

Current Ratio

0.66

Debt/Equity

1.35

Debt/Cashflow

0.31

K Investor Care

Dividend Yield

3.55%

Dividend/Share (TTM)

2.34

Diluted EPS (TTM)

2.79

Peers (Alternatives to Kellogg)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
47.8B
19.4B
5.26% 28.68%
16.42
2.47
4.08% 30.06%
43.6B
101.6B
-4.53% -15.24%
10.05
0.43
19.13% 60.21%
24.6B
12.4B
-13.59% -21.90%
24.65
1.98
3.48% 5.62%
22.4B
15.3B
-1.88% 5.67%
23.38
1.47
8.00% -35.48%
14.6B
4.5B
1.70% 79.41%
30.92
3.25
15.82% 144.25%
MID-CAP
6.6B
7.9B
-1.41% 17.27%
13.42
0.83
15.26% 320.51%
5.3B
17.5B
-10.03% -6.91%
7.05
0.3
18.21% 2306.23%
3.0B
595.3M
3.19% -34.23%
-50.88
5.08
39.92% -100.32%
5.3B
6.1B
-2.05% 39.31%
6.08
0.87
18.23% 1243.59%
SMALL-CAP
127.0M
263.4M
9.04% 29.23%
2.78
0.48
5.45% 786.05%
96.8M
136.7M
8.41% -12.10%
842.11
0.71
20.26% -96.88%
35.0M
-
-13.55% -47.56%
-3.5
0.72
513.44% -38.56%
32.6M
33.1M
4.60% -30.91%
-9.04
0.98
2.77% -346.02%
4.6M
39.0M
-22.81% 65.63%
-0.4
0.12
30.61% -109.87%

Financials for Kellogg

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.8%15,31514,90214,57814,26914,181
  S&GA Expenses5.3%2,9802,8312,7642,7562,808
  R&D Expenses-5.2%127134---
EBITDA-26.4%1,8932,5712,5972,713-
EBITDA Margin-28.4%0.12*0.17*2.32*0.19*-
Earnings Before Taxes-37.0%1,1971,8991,9082,0191,966
EBT Margin-38.7%0.08*0.13*1.71*0.14*-
Interest Expenses9.0%218200216220223
Net Income-35.6%9601,4911,4881,5421,488
Net Income Margin-37.3%0.06*0.10*1.33*0.11*-
Free Cahsflow-6.3%1,1631,2411,3001,275-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-2.7%18,49619,01618,93718,61218,178
  Current Assets-5.8%4,1864,4444,2613,8163,394
    Cash Equivalents-19.8%299373323313286
  Inventory5.1%1,7681,6821,6781,5591,398
  Net PPE6.3%3,7893,5643,6563,7733,827
  Goodwill-0.1%5,6865,6915,7445,7835,771
  Current Liabilities5.2%6,3496,0336,0515,8485,315
.    Short Term Borrowings348.3%780174320450712
  Long Term Debt-15.6%5,3176,300---
    LT Debt, Current-4.4%816854891712-
    LT Debt, Non Current-2.4%5,6975,8385,9536,262-
Shareholder's Equity-8.0%3,9414,2834,5584,2953,720
  Retained Earnings-3.2%9,1979,4999,3879,2549,028
  Additional Paid-In Capital4.0%1,0681,0271,0089931,023
Accumulated Depreciation1.1%6,0926,028---
Shares Outstanding0.3%341340338--
Minority Interest-4.6%434455476500495
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-4.9%1,6511,7361,8191,7931,701
  Share Based Compensation21.7%75.0061.0061.00--
Cashflow From Investing1.5%-448-455-516-451-528
Cashflow From Financing12.2%-1,081-1,231-1,288-1,382-1,306
  Dividend Payments0.4%797794790790788
  Buy Backs0%300300300300240

Risks for K

What is the probability of a big loss on K?

33.5%


Probability that Kellogg stock will be more than 20% underwater in next one year

0%


Probability that Kellogg stock will be more than 30% underwater in next one year.

0%


Probability that Kellogg stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does K drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Kellogg was unfortunately bought at previous high price.

Drawdowns

Returns for K

Cumulative Returns on K

3.3%


10-Year Cumulative Returns

1.0%


7-Year Cumulative Returns

3.7%


5-Year Cumulative Returns

6.3%


3-Year Cumulative Returns

What are the long-term rolling returns for K?

FIve years rolling returns for Kellogg.

Annualized Returns

Which funds bought or sold K recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-1.37
44,284
5,156,420
0.04%
2023-03-17
American Portfolios Advisors
reduced
-1.38
-3,874
99,460
-%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
35.76
89,244
320,244
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-2.1
69,537
59,595,500
0.06%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-0.08
42,000
1,958,000
0.01%
2023-03-01
BENNICAS & ASSOCIATES, INC.
reduced
-1.52
6,706
920,706
0.53%
2023-03-01
Lakewood Asset Management LLC
new
-
61,000
61,000
0.05%
2023-02-28
Voya Investment Management LLC
reduced
-20.44
-3,394,530
14,824,500
0.02%
2023-02-24
Athena Investment Management
unchanged
-
8,701
409,701
0.30%
2023-02-24
SRS Capital Advisors, Inc.
added
4.55
-361
1,639
-%

1–10 of 44

Latest Funds Activity

Are funds buying K calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own K
No. of Funds

Kellogg News

MarketBeat

Maryland State Retirement & Pension System Takes Position in ....

MarketBeat,
116 minutes ago

MarketWatch

Marketscreener.com

Marketscreener.com

Schedule 13G FIlings of Kellogg

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
northern trust corp
17.6%
60,228,737
SC 13G/A
Feb 09, 2023
kellogg w k foundation trust
16.4%
55,931,838
SC 13G/A
Feb 09, 2023
vanguard group inc
9.01%
30,733,548
SC 13G/A
Feb 01, 2023
gund gordon
6.1%
20,926,907
SC 13G/A
Jan 25, 2023
blackrock inc.
9.2%
31,327,346
SC 13G/A
Jan 06, 2023
keybank national association/oh
6.09%
20,799,668
SC 13G/A
Feb 10, 2022
vanguard group inc
8.42%
28,706,271
SC 13G/A
Feb 09, 2022
kellogg w k foundation trust
17.2%
58,631,837
SC 13G/A
Feb 08, 2022
northern trust corp
18.3%
62,357,240
SC 13G/A
Feb 07, 2022
gund gordon
6.4%
21,846,696
SC 13G/A

K Fair Value

Kellogg fair value in different scenarios

The table shows the Fair Value estimates for Kellogg for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

42.13

-36.00%

55.66

-15.45%

67.93

3.19%

92.26

40.15%

112.27

70.55%
Current Inflation

33.04

-49.81%

39.41

-40.13%

54.17

-17.71%

72.43

10.03%

83.08

26.20%
Very High Inflation

34.53

-47.55%

43.75

-33.54%

51.24

-22.16%

67.23

2.13%

80.23

21.87%

Historical Kellogg Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Kellogg

View All Filings
Date Filed Form Type Document
Mar 20, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 02, 2023
DEF 14A
DEF 14A
Mar 02, 2023
DEFA14A
DEFA14A
Mar 01, 2023
8-K
Current Report
Feb 28, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading
Feb 24, 2023
424B5
Prospectus Filed
Feb 23, 2023
424B3
Prospectus Filed
Feb 23, 2023
FWP
Prospectus Filed

Latest Insider Trading transactions for K

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-20
KELLOGG W K FOUNDATION TRUST
sold
-6,522,110
65.2211
-100,000
-
2023-03-10
KELLOGG W K FOUNDATION TRUST
sold
-6,398,840
63.9884
-100,000
-
2023-02-27
Lance Rodrigo
sold
-201,675
67.79
-2,975
senior vice president
2023-02-27
Lance Rodrigo
acquired
193,878
59.95
3,234
senior vice president
2023-02-23
AMAYA NICOLAS
sold
-389,091
68.2615
-5,700
senior vice president
2023-02-22
PILNICK GARY H
sold
-1,527,440
68.8129
-22,197
vice chairman
2023-02-22
FORCHE KURT D
sold
-226,459
69.3596
-3,265
vp-corporate controller
2023-02-21
FORCHE KURT D
acquired
-
-
1,868
vp-corporate controller
2023-02-21
PILNICK GARY H
sold (taxes)
-256,001
68.91
-3,715
vice chairman
2023-02-21
HOOD CHRISTOPHER M
acquired
-
-
11,213
senior vice president

1–10 of 50

Steven A. Cahillane
31000
Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, and Asia Middle East Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Kashi, Bear Naked, Eggo, Morningstar Farms, Choco Krispies, Crunchy Nut, Nutri-Grain, Special K, Squares, Zucaritas, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, Be Natural, LCMs, Coco Pops, Frosties, Rice Krispies Squares, Kashi Go, Vector, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was founded in 1906 and is headquartered in Battle Creek, Michigan.

K Income Statement

2022-12-31
CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Jan. 01, 2022
Jan. 02, 2021
Income Statement [Abstract]   
Net sales$ 15,315$ 14,181$ 13,770
Cost of goods sold10,7009,6219,043
Selling, general and administrative expense2,9802,8082,966
Operating profit1,6351,7521,761
Interest expense218223281
Other income (expense), net(220)437121
Income before income taxes1,1971,9661,601
Income taxes244474323
Earnings (loss) from unconsolidated entities93(14)
Net income9621,4951,264
Net income (loss) attributable to noncontrolling interests2713
Net income attributable to Kellogg Company$ 960$ 1,488$ 1,251
Basic$ 2.81$ 4.36$ 3.65
Diluted$ 2.79$ 4.33$ 3.63

K Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2022
Jan. 01, 2022
Assets, Current [Abstract]  
Cash and cash equivalents$ 299$ 286
Accounts receivable, net1,7361,489
Inventories1,7681,398
Other current assets383221
Total current assets4,1863,394
Property, net3,7893,827
Operating lease, right-of-use assets617640
Goodwill5,6865,771
Other intangibles, net2,2962,409
Investment in unconsolidated entities432424
Other assets1,4901,713
Total assets18,49618,178
Liabilities, Current [Abstract]  
Current maturities of long-term debt780712
Notes payable467137
Accounts payable2,9732,573
Current operating lease liabilities121116
Accrued advertising and promotion766714
Accrued salaries and wages370300
Other current liabilities872763
Total current liabilities6,3495,315
Long-term debt5,3176,262
Operating lease liabilities486502
Deferred income taxes760722
Pension liability709706
Other liabilities500456
Commitments and contingencies
Equity [Abstract]  
Common stock, $0.25 par value, 1,000,000,000 shares authorized Issued: 421,209,894 shares in 2022 and 421,098,799 shares in 2021105105
Capital in excess of par value1,0681,023
Retained earnings9,1979,028
Treasury stock, at cost 79,409,966 shares in 2022 and 79,721,563 shares in 2021(4,721)(4,715)
Accumulated other comprehensive income (loss)(1,708)(1,721)
Total Kellogg Company equity3,9413,720
Noncontrolling interests434495
Total equity4,3754,215
Total liabilities and equity$ 18,496$ 18,178