
K Stock Symbol Performance is a crucial aspect to consider when investing in the stock market. The K stock symbol has been associated with Kroger, a leading American retail company.
Kroger's stock price has experienced fluctuations over the years, with a high of $33.97 in 2020 and a low of $16.71 in 2020. The stock price has been influenced by various market and economic factors.
Investors have shown interest in Kroger's stock due to its stable dividend payments, with a dividend yield of 1.5% in 2020.
Financial Performance
Let's take a closer look at the financial performance of K stock symbol. The price/earnings ratio is a key metric here, with K having a normalized price/earnings ratio of 21.43, which is significantly higher than PEP's 18.85 and CPB's 13.46.
The price/earnings ratio is an important indicator of how much investors are willing to pay for each dollar of earnings. In this case, K's investors are willing to pay nearly 21% more than PEP's investors for each dollar of earnings.
Looking at the price/book value ratio, K has a ratio of 7.56, which is higher than PEP's 11.70 and CPB's 3.21. This suggests that K's investors are valuing the company's assets at a premium compared to its earnings.
Here's a breakdown of the key financial metrics for K, PEP, and CPB:
K's price/sales ratio is 2.25, which is slightly higher than PEP's 2.31 and significantly higher than CPB's 1.26. This could indicate that K's investors are expecting higher sales growth in the future.
Kellanova Analysis
Kellanova's revenue is expected to grow steadily, with estimates ranging from $12,851 USD in 2025 to $14,037 USD in 2029.
The company's dividend yield is projected to remain around 2.8% from 2025 to 2029, indicating a relatively stable payout to shareholders. The dividend per share is expected to increase from $2.31 in 2025 to $2.38 in 2029.
Here are some key financial metrics for Kellanova:
Kellanova's net profit is expected to increase from $1,357 USD in 2025 to $1,597 USD in 2029, indicating a growing bottom line for the company.
Profitability
Kellanova's profitability metrics show a strong performance across the board. Kellanova's Return on Assets (Normalized) is 8.61%, outpacing its peers.
Here's a breakdown of the key metrics:
Kellanova's Return on Equity (Normalized) stands at 39.16%, significantly higher than its peers. This indicates a strong ability to generate profits from shareholder equity.
Kellanova Analyst Opinions
Kellanova has received a range of analyst opinions over the years, with some analysts maintaining a hold rating while others have upgraded or downgraded their ratings.
Deutsche Bank, Barclays Capital, Bank of America Merrill Lynch, and Wells Fargo & Co have all maintained a hold rating for Kellanova, with price targets ranging from $57 to $62.
D.A. Davidson & Co. has maintained a buy rating for Kellanova, with a price target of $72.
Stifel, Nicolaus & Co., Inc. has also maintained a buy rating, with a price target of $58.
Goldman Sachs upgraded their rating for Kellanova to buy in June 2023, with a price target of $83.
Barclays Capital, on the other hand, has maintained a sell rating for Kellanova, with a price target of $57 in October 2023.
Here is a summary of analyst opinions for Kellanova:
It's worth noting that analyst opinions can change over time, and it's always a good idea to do your own research before making any investment decisions.
Financial Data
The financial data for K stock symbol shows a mixed picture over the years. The company's sales have been steadily decreasing, with a drop of 2.84% in 2024 compared to 2023.
Here are the sales figures for the past few years:
The gross profit on sales has been increasing, with a growth rate of 3.34% in 2024. This indicates that the company is able to maintain its profit margins despite the decline in sales.
Kellanova Estimates (USD)
Kellanova Estimates (USD) provide a snapshot of the company's financial performance over the next few years. According to the estimates, revenue is expected to grow steadily from $12,851 in 2025 to $14,037 in 2029.
The dividend yield is also expected to increase, with an average of 2.88% in 2029. This suggests that investors can expect a decent return on their investment.
Earnings per share (EPS) are projected to rise from $3.91 in 2025 to $4.55 in 2029, indicating a strong growth in the company's profitability.
The price-to-earnings (P/E) ratio is expected to decline from 21.12 in 2025 to 18.15 in 2029, making the stock more attractive to investors.
Here's a summary of the estimated financial metrics for Kellanova:
The number of analysts providing estimates for Kellanova's earnings and revenue is also increasing, with 15 analysts providing estimates for the current year and 12 analysts providing estimates for the next year.
Income Statement (Mio. USD)
The income statement is a crucial financial document that provides a snapshot of a company's revenue and expenses over a specific period. In 2024, the company's sales reached a record high of 12,749.00 million USD.
Looking at the sales trend over the years, we can see that the company experienced a decline in sales in 2024, with a 2.84% decrease compared to 2023. This marks a significant drop from the 8.00% increase seen in 2022.
The company's gross profit on sales has been steadily increasing, with a 3.34% rise in 2024. However, this growth is a slight improvement from the 1.71% increase seen in 2022.
Operating income has also shown significant growth, with a 15.06% increase in 2024. This marks a stark contrast to the -0.31% decline seen in 2023.
Here's a breakdown of the company's income before tax and income after tax over the years:
The income before tax has seen a significant increase in 2024, with a 59.04% rise compared to 2023. This is a notable improvement from the -13.12% decline seen in 2023.
Company Events
Kellanova, the company formerly known as Kellogg's, has a history of sharing its financial performance through quarterly earnings reports. These reports are a crucial part of understanding the company's financial health.
The company typically releases its earnings reports four times a year, in February, May, August, and November. The exact dates vary from year to year.
One notable trend in Kellanova's earnings reports is the fluctuation in earnings per share (EPS). For example, in Q4 2024, the EPS was $1.040 USD, while in Q4 2023, it was -$0.290 USD.
Here's a list of Kellanova's earnings reports, including the EPS and date:
The company also holds annual general meetings, which are typically held in April of each year. The EPS for these meetings is significantly higher than the quarterly earnings reports, indicating a strong financial performance.
Frequently Asked Questions
What is series K stock?
Series K stock refers to a specific type of preferred stock with a $1.00 par value and a $10,000 liquidation preference. It's a unique investment option with its own set of characteristics, learn more about its features and benefits.
Featured Images: pexels.com