Kellogg Company (NYSE:K) soared 0.70% during previous trade, a total of 1.52M shares exchanged hands compared with its average trading volume of 2.07M shares whereas its relative volume is 66. The stock has a market capitalization of $26.19B along with 350.05M outstanding shares. Stock’s intraday price range hit the peak level of $75 and touched the lowest level of $74.23.
Most recently Kellogg Company (NYSE:K)’s price target was revised on 03/10/17 and according to 16 analysts stock’s price will reach at $82.19 during 52 weeks with standard deviation of 4.29. Stock’s minimum price target estimates has been figured out at $75 while the maximum price target forecast is established at $98, if we look at the price target with an optimistic approach it has upside potential of 31% from its latest closing price of $74.75.
Historically, if we look at price target revisions, two weeks ago Kellogg Company (NYSE:K)’s price target was revised on 2/22/17 by the analysts, however the bullish price estimates of the stock set at $88 while the bearish estimates kept at $75 over the next one year. Stock’s 52-week target was retained at $81.67, the estimates indicates a standard deviation of 4.66.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 3.50. ABR value is precisely based on brokerage recommendations, where out of 10 brokerage recommendations 0 rate Kellogg Company (NYSE:K) stock a Strong Buy, 0 rate the stocks of the company a Buy, 7 rate Hold, 1 rate Sell and 2 recommend a Strong Sell. Most recently on 12/7/16 the stock of Kellogg Company (NYSE:K) downgraded by Credit Suisse from Outperform to Neutral. However previously on 3/16/16 it was upgraded by Goldman from Sell to Neutral. A research note issued on 1/8/16 the stock was upgraded by Credit Agricole from Underperform to Outperform.
Kellogg Company (NYSE:K) performance over the past one year soared 2.26% whereas its year to date (YTD) performance indicated a bullish trend of 2.12%. During the last six months the stock slipped -2.98%. Quarterly performance of the company shows optimistic momentum of 1.99% while its last one month trend is negative with -0.46%. Stock’s weekly performance expressed up trend of 1.20%.
The company’s price sits 2.21% above from its 50-day moving average of $74.07 and -1.11% below from the stock’s 200-day moving average which is $74.76. Kellogg Company (NYSE:K)’s shares are currently trading -12.48% away from the 52-week high price of $85.41 and +6.40% far from the 52-week low price of $70.25.
According to consensus agreement of 17 analysts Kellogg Company (NYSE:K) will report earnings per share of $1.01 in their quarterly report and it is expected to announce the company’s results on 5/4/17. For the current quarter the company has high EPS estimates of $1.11 in contradiction of low EPS estimates of $0.96. However a year ago for the same quarter the company has reported $0.97 EPS. Current year EPS projections for Kellogg Company (NYSE:K) set at $3.94 according to the sentiments of 19 analysts, while its lowest earnings estimates are $3.83 and highest earnings estimates are $4.
According to 11 analysts, Kellogg Company (NYSE:K)’s revenue estimates for the current quarter are $3.3B meanwhile the company has high revenue estimates of $3.36B in contradiction of low revenue estimates of $3.22B. For the current year the company’s revenue estimates are $12.67B compared to low analyst estimates of $12.51B and high estimates of $12.84B according to the projection of 12 analysts.