Kellanova (K) Hit a 52 Week High, Can the Run Continue?

Stock Performance - Kellanova's stock has risen by 0.8% over the past month and hit a new 52-week high of $81.39 [1] - The stock has gained 0.5$0.91, surpassing the consensus estimate of $0.85 [2] - For the current fiscal year, Kellanova is expected to post earnings of$3.93 per share on $12.74 billion in revenues [3] - For the next fiscal year, earnings are expected to grow by 4.81$4.03 per share, with revenues increasing by 1.91% to $12.98 billion [3] Valuation Metrics - Kellanova trades at 20.7X current fiscal year EPS estimates, a premium to the peer industry average of 13.7X [7] - On a trailing cash flow basis, the stock trades at 18.1X versus the peer group's average of 8.2X [7] - The stock has a PEG ratio of 2.49, indicating it may not be in the top tier from a value perspective [7] Zacks Style Scores and Rank - Kellanova has a Value Score of B, Growth Score of B, and Momentum Score of B, resulting in a VGM Score of A [6] - The stock holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates [8] Industry Comparison - Funko, Inc. (FNKO) is a strong industry peer with a Zacks Rank of 1 (Strong Buy) and similar style scores (Value: B, Growth: B, Momentum: B) [9] - Funko, Inc. beat earnings estimates by 250$0.38 per share on $1.04 billion in revenue for the current fiscal year [10] - Funko's stock has gained 20.4% over the past month and trades at a forward P/E of 36.74X and a P/CF of 267.61X [10] - Despite the Consumer Products - Discretionary industry ranking in the bottom 87% of all industries, both Kellanova and Funko show strong fundamentals and potential for growth [11]