Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate WK Kellogg Co before investing.

In this article, we go over a few key elements for understanding WK Kellogg Co’s stock price such as:

• WK Kellogg Co’s current stock price and volume
• Why WK Kellogg Co’s stock price changed recently
• Upgrades and downgrades for KLG from analysts
• KLG’s stock price momentum as measured by its relative strength

About WK Kellogg Co (KLG)

Before we jump into WK Kellogg Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

WK Kellogg Co is a food company, which operates as a manufacturer, marketer and distributor of ready-to-eat cereal, to provide consumers with high-quality products while promoting consumer health and wellbeing. Its products are manufactured in the United States, Mexico, and Canada and marketed in the United States, Canada and the Caribbean. It operates through the manufacturing, marketing and sales of cereal products in North America. Brands used in its business include Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, Rice Krispies, Kashi, Corn Flakes and Apple Jacks, among many others. Its products include various brands of cereal, which are marketed under the Kellogg's, Kashi and Bear Naked tradenames. It strives to deliver a consumer-centric brand portfolio in the cereal category, offering a diverse set of products that reach a range of consumer occasions and demographics. Its subsidiaries include 1906 Foreign Trading LLC, BC Mex Holding II LLC and others.

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WK Kellogg Co’s Stock Price as of Market Close

As of March 15, 2024, 4:00 PM, CST, WK Kellogg Co’s stock price was $16.69.

WK Kellogg Co is up 4.84% from its previous closing price of $15.92.

During the last market session, WK Kellogg Co’s stock traded between $15.69 and $16.36. Currently, there are 84.53 million shares of WK Kellogg Co stock available for purchase.

WK Kellogg Co’s price-earnings (P/E) ratio is currently at 12.4, which is low compared to the Food Processing industry median of 18.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

WK Kellogg Co Stock Price History

WK Kellogg Co’s (KLG) price is currently up 14% so far this month.

During the month of March, WK Kellogg Co’s stock price has reached a high of $16.74 and a low of $14.37.

Over the last year, WK Kellogg Co has hit prices as high as $21.00 and as low as $9.66.

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What Caused WK Kellogg Co Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 14, 2024, there were 4 analysts who downgraded WK Kellogg Co’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate WK Kellogg Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on WK Kellogg Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

WK Kellogg Co’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about WK Kellogg Co (KLG) by visiting AAII Stock Evaluator.

Relative Price Strength of WK Kellogg Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 14, 2024, WK Kellogg Co has a weighted four-quarter relative price strength of %, which translates to a Momentum Score of and is considered to be NA.

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WK Kellogg Co Stock Price: Bottom Line

As of March 15, 2024, WK Kellogg Co’s stock price is $16.69, which is up 4.84% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like WK Kellogg Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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