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MarketScreener Homepage  >  Equities  >  Nyse  >  Kellogg    K

KELLOGG

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Kellogg : MorningStar Farms Launches New Plant-Based Meat Product

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09/04/2019 | 12:51pm EDT

By Dave Sebastian

MorningStar Farms, a division of Kellogg Co. (K) that makes vegetarian food, said Wednesday it is adding the "Incogmeato" plant-based meat product line onto grocery shelves in early 2020.

Among Incogmeato's products will be plant-based, ready-to-cook burgers, tenders and nuggets, MorningStar said.

MorningStar also produces plant-based burgers, sausage and corn dogs.

Write to Dave Sebastian at dave.sebastian@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
KELLOGG -0.55% 63.35 Delayed Quote.11.12%
LONDON SUGAR 2.30% 316 End-of-day quote.-5.39%
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Financials (USD)
Sales 2019 13 491 M
EBIT 2019 1 787 M
Net income 2019 1 173 M
Debt 2019 7 886 M
Yield 2019 3,61%
P/E ratio 2019 18,9x
P/E ratio 2020 15,8x
EV / Sales2019 2,18x
EV / Sales2020 2,22x
Capitalization 21 579 M
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Technical analysis trends KELLOGG
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 20
Average target price 64,10  $
Last Close Price 63,35  $
Spread / Highest target 23,1%
Spread / Average Target 1,18%
Spread / Lowest Target -24,2%
EPS Revisions
Managers
NameTitle
Steven A. Cahillane Chairman & Chief Executive Officer
Fareed A. Khan Chief Financial Officer & Senior Vice President
James M. M. Jenness Director
Donald R. Knauss Lead Independent Director
Mary A. Laschinger Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
KELLOGG11.12%21 579
NESTLÉ S.A.37.82%310 180
MONDELEZ INTERNATIONAL35.10%77 991
DANONE29.25%57 032
THE KRAFT HEINZ COMPANY-32.04%35 685
GENERAL MILLS38.60%32 570