Stock Update (NYSE:K): Kellogg recognized for developing female executive leaders

[PR Newswire] – For a fourth year, National Association for Female Executives (NAFE) has recognized these efforts and included Kellogg as one of the 2016 “NAFE Top Companies for Executive Women.” This recognition applauds American corporations that have moved women into top executive positions and created a culture that fosters the careers of talented women. One of the ways our company supports the development of current and future leaders is through Kellogg’s Executive Cross-Cultural Mentoring Program. This program helps participants better understand the impact of diversity and inclusion on relationships, talent management, business goals, bias and feeling valued as a person and professional. Read more on this. Kellogg Company (K) , currently valued at $26.29B, started the session at $74.56. Looking at today’s market, K one day range is $74.00 to $74.67 with its 52-week range being $61.13 to $76.24. K shares are currently priced at 20.01x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 14.17x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $2.00 per share annually in dividends, yielding 2.72%. According to a consensus of 18 analysts, the earnings estimate of $0.94 per share would be $0.04 worse than the year-ago quarter and a $0.05 sequential decrease. The full-year EPS estimate is $3.70 which would be a $0.17 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.47 Billion. If realized, that would be a 2.25% decrease over the year-ago quarter. More recently, Credit Agricole upgraded K from Underperform to Outperform (Jan 8, 2016). Previously, Credit Suisse upgraded K from Neutral to Outperform. Given all the information above, we should disclose to readers that the average price target is $76.00, which is 1.93% above than it opened this morning. See more in (NYSE:K) Similar Articles: Stock Update: Kellogg Company (NYSE:K) – Kellogg Company to Webcast Presentation at 2016 CAGNY Conference Stock Update: Kellogg Company (NYSE:K) – Kellogg Company kicks-off holiday season with delightful new and traditional products Stock Update: Kellogg Company (NYSE:K) – Kellogg Company and Tolaram Announce New, Long-Term Partnership to Significantly Expand Presence in Africa