KLG Similar Chart Price Prediction
The price of KLG is predicted to go up -3.12%, based on the high correlation periods with NEU. The similarity of these two price pattern on the periods is 95%.
KLG
NEU
Down: -3.12%Similarity: 95%
KLG Revenue Forecast
KLG EPS Forecast
KLG FAQs
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KLG VS S&P500
With its singular focus on cereal, we think WK Kellogg will be able to increase its investment in automating its supply chain and manufacturing footprint, which should drive efficiencies and lift margins.
Roughly one quarter of cereal consumption occurs outside of the breakfast daypart, which could partially offset negative industry dynamics stemming from reduced dairy consumption and consumers' penchant for more convenient fare.
Cereal appeals to cash-constrained consumers, with a cost of just about $1 per serving.
KLG Analyst's Forecast
Matthew Smith
Stifel
Hold
2025-01-24
Price Target
$19 → $18
Upside
+6.01%
Stifel lowered the firm's price target on WK Kellogg to $18 from $19 and keeps a Hold rating on the shares. The firm, which maintains a Neutral weighting for the Food group, says the group's valuation discount to historical levels is primarily reflecting the weak revenue outlook and reinvestment requirements pressuring margins. While valuation remains compelling in relation to history for the food stocks, the firm remains cautious given the uncertainty in revenue growth pacing in 2025, noting that estimates 3% EPS growth in 2025 in constant currency for the group, supported by 2% organic sales growth, partially offset by margin compression due to inflation and higher investment levels.
Andrew Lazar
Barclays
Sell
2025-01-17
Price Target
$19 → $16
Upside
+0.44%
Robert Moskow
TD Cowen
Hold → Strong Sell
2025-01-08
Price Target
$18 → $16
Downside
-1.96%
