Kellanova

Kellanova (K) (Q1FY24) – New flavor hit the shelves

Highlights of the report

The global packaged food market size is projected to reach $3,407.2bn by 2030. The CAGR for the period 2023-2030 is expected to be 5.2%.

Kellanova (K) Equity Report Q1FY24 Stock Research

CrispIdea equity reports provide valuable insights to investors who may be individuals and organizations involved in the world of finance and investment like private equity houses, broking firms, hedge funds, investment advisory firms, mutual funds, banks and corporations. This research report is useful for M&A, business & investment analysis to all students and researchers also.

 

CrispIdea equity reports include basic financials, strategic analysis, competitive landscape assessments, stock performance, stock analysis and future growth potential evaluation. CrispIdea utilizes a proprietary blend of fundamental and technical analysis, offering a unique perspective. Reports present clear investment recommendations (“BUY,” “HOLD,” or “SELL”).

 

Our established reputation and track record advocates that our research carries weight within the investment community. Do connect with us, if you are looking for customized research, equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.

Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa.

In Q1FY24, net sales decreased 4% to $3.2bn, compared to $2.34bn in Q1FY23. Diluted EPS of the company decreased by 10% to $0.78, compared to $0.86 during the same period.

Kellanova stock gave returns of -1.4% and -9.8% in the period of three months and one year. The stock has a 52-week high of $64.14 and a 52-week low of $47.63. The stock gave returns of – 5.2% and CAGR of -1.8% over a period of three years. The stock had a 200-Day Moving Average of $55.50 and a 50-Day Moving Average of $59.56.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

Kellanova (K) (Q1FY24) – New flavor hit the shelves

Price

$280.00

Company Reports

Sector Reports