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Kellogg Company’s Stock Has Risen 5% since Fiscal 3Q15 Earnings

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Kellogg Company’s price movement

On November 3, 2015, Kellogg Company (K) reported its earnings for 3Q15, which ended on October 3, 2015. The stock fell 4% after the earnings release but has risen 5.5% since then. Kellogg will report its financial results for fiscal 4Q15 on February 11.

The stock hasn’t risen much so far in 2016 but has risen 6% in the last two months, as of February 5. The stock fell as much as 10% in 2015 due to the declining earnings and revenue growth trends. It closed at $71.84 on February 5. The stock’s price movements on YTD (year-to-date) and month-to-date bases are -0.60% and -2.2%, respectively.

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Peers’ stock performances

Kellogg’s peers in the industry include General Mills (GIS), Cal-Maine Foods (CALM), and The Hershey Company (HSY). GIS and CALM will report their fiscal 3Q15 results in March, and Hershey reported its fiscal 4Q15 results on January 28.

General Mills, Cal-Maine Foods, and Hershey closed at $55.37, $46.51, and $87.70, respectively, on February 5. GIS, CALM, and HSY have fallen 3.6%, 2.5%, and 0.33%, respectively, so far in 2016. The First Trust Consumer Staples AlphaDEX Fund (FXG) invests 3.0% of its holdings in Kellogg (K) and closed at $42.63 on February 5. FXG’s YTD return is -4.1%.

What to look for in this series

Scroll down to check out Kellogg’s revenue trend and its performance in its last reported quarter. We’ll also discuss the company’s moving averages, analysts’ recommendations for the stock before the fiscal 4Q15 earnings release, and the company’s guidance for fiscal 2016.

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