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 dip, let’s take a look at some background.

WK Kellogg Co is a food company. The Company is a manufacturer, marketer, and distributor of branded ready-to-eat cereal and provide consumers with products while promoting consumer health and wellbeing. It is engaged in the manufacturing, marketing, and sales of cereal products in North America. Its products are manufactured by the Company in the United States, Mexico, and Canada and marketed in the United States, Canada, and the Caribbean. Its product offerings are diversified across the cereal sub-categories of taste, wellness, and balance, with consumer appeal across the spectrum of ages and demographics. 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. The Company’s products include various brands of cereal which are marketed under the Kellogg’s, Kashi, and Bear Naked trade names. Its subsidiaries include 1906 Foreign Trading LLC and Kashi LLC.

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WK Kellogg Co’s Stock Price as of Market Close

As of June 21, 2024, 4:00 PM, CST, WK Kellogg Co’s stock price was $17.04.

WK Kellogg Co is down 4.54% from its previous closing price of $17.85.

During the last market session, WK Kellogg Co’s stock traded between $17.64 and $18.04. Currently, there are 86.00 million shares of WK Kellogg Co stock available for purchase.

WK Kellogg Co’s price-earnings (P/E) ratio is currently at 13.1, which is low compared to the Food Processing industry median of 17.7. 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 down 10.27% so far this month.

During the month of June, WK Kellogg Co’s stock price has reached a high of $19.40 and a low of $16.97.

Over the last year, WK Kellogg Co has hit prices as high as $24.63 and as low as $9.66.

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

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 June 20, 2024, there were 4 analysts who downgraded WK Kellogg Co’s stock and 2 analysts 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 June 20, 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 June 21, 2024, WK Kellogg Co’s stock price is $17.04, which is down 4.54% 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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