Market Update: Kellogg Company (NYSE:K) – Kellogg Company 2016 First Quarter Results Conference Call / Webcast

[PR Newswire] – BATTLE CREEK, Mich., April 12, 2016 /PRNewswire/ — Kellogg Company (NYSE: K) plans to issue its 2016 first quarter earnings results in a press release at approximately 8:00 am ET on Thursday, May 5, 2016. … Read more on this. Kellogg Company (K) , with a current value of $27.24B, opened this morning at $77.05. During the trading session, K traded between $77.00 to $77.53 and has traded between $61.13 and $78.10 over the past 12 months. K shares are currently priced at 20.81x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 17.97x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.00 per share annually in dividends, yielding 2.59%. According to a consensus of 17 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. In looking at the bigger picture, the full-year EPS estimate of $3.70 would be a $0.17 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.47 Billion. If reported, that would be a 2.25% decrease over the year-ago quarter. Recently, Goldman upgraded K from Sell to Neutral (Mar 16, 2016). Previously, Credit Agricole upgraded K from Underperform to Outperform. When considering if perhaps the stock is under or overvalued, the average price target is $77.41, which is 0.47% above where the stock opened this morning. See more in (NYSE:K) Similar Articles: Market Update (NYSE:K): Kellogg Company Reports Fourth Quarter and Full-Year 2015 Results, Reaffirms Guidance for 2016 Stock Update: Kellogg Company (NYSE:K) – Kellogg Company to Webcast Presentation at 2016 CAGNY Conference Market Update: Kellogg Company (NYSE:K) – Kellogg Company 2015 Full-Year & Fourth Quarter Results Conference Call / Webcast