Stock price in four years if P-E ratio remained unchanged

Assignment Help Financial Management

Reference no: EM131910976

Kellogg Co. (K) recently earned a profit of $2.22 earnings per share and has a P/E ratio of 19.35. The dividend has been growing at a 6 percent rate over the past few years. If this growth rate continues, what would be the stock price in four years if the P/E ratio remained unchanged? What would the price be if the P/E ratio declined to 16 in four years? (Round your answers to 2 decimal places.) Stock price $ Stock price with new P/E $

Reference no: EM131910976

Questions Cloud

Why is this activity one that might be very beneficial : The food service director in this video has a great idea for building rapport with students and families.

What steps did you find helpful for locating a peer-reviewed : Did you note any difficulties when searching for an article? What steps/strategies did you find helpful for locating a peer-reviewed article?

Calculate the ph of the water : A lake in Utah has a hydronium ion (H3O+) concentration of 4.60 x 10-9 M. Calculate the pH of the water.

Simplified income statement method of forecasting : Security analysts following the Witczak Corporation use a simplified income statement method of forecasting.

Stock price in four years if P-E ratio remained unchanged : what would be the stock price in four years if the P/E ratio remained unchanged?

What is the final volume of the gas : As it expands, it does 145.6 J of work on its surroundings at a constant pressure of 783 torr. What is the final volume of the gas?

Have you seen any of his ideas in your school : As you read Barth, what, in your opinion, is the best advice he gave? Have you seen any of his ideas in your school?

What is minimum uncertainty in position of electron : The wavelength of an electron beam is measured to be 900.0 nm. What is the velocity of the electrons?

Explain a current issue on a pharmacological agent : Explain a current issue on a pharmacological agent and your opinion? Support with 1 peer reviewed journals no older than 5 years and APA style.

User Account

All Pages