Kroger Co. [KR] stock is trading at $56.60, up 0.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KR shares have gain 3.63% over the last week, with a monthly amount glided 7.26%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Kroger Co. [NYSE: KR] stock has seen the most recent analyst activity on June 18, 2024, when BMO Capital Markets upgraded its rating to a Outperform and also boosted its price target to $60 from $58. Previously, Wells Fargo upgraded its rating to Overweight on April 16, 2024, and elevated its price target to $65. On April 08, 2024, downgrade downgraded it’s rating to Underperform but maintained its price target of $48 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $62 on March 28, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $60 on March 08, 2024. Wells Fargo upgraded its rating to Equal Weight for this stock on February 27, 2024, and upped its price target to $50. In a note dated September 22, 2023, HSBC Securities initiated an Hold rating and provided a target price of $52 on this stock.
Kroger Co. [KR] stock has fluctuated between $42.10 and $58.34 over the past year. Currently, Wall Street analysts expect the stock to reach $56.6 within the next 12 months. Kroger Co. [NYSE: KR] shares were valued at $56.60 at the most recent close of the market.
Analyzing the KR fundamentals
Kroger Co. [NYSE:KR] reported sales of 150.20B for the trailing twelve months, which represents a growth of 0.17%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.23 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 56.03 points at the first support level, and at 55.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.98, and for the 2nd resistance point, it is at 57.37.
Ratios To Look Out For
For context, Kroger Co.’s Current Ratio is 0.87. In addition, the Quick Ratio stands at 0.46 and the Cash Ratio stands at 0.17. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 3.27 and price to earnings (TTM) ratio is 14.81.
Transactions by insiders
Recent insider trading involved Jabbar Valerie L., Senior Vice President, that happened on Sep 23 ’24 when 3000.0 shares were sold. Vice President and Treasurer, FIKE CARIN L completed a deal on Sep 17 ’24 to sell 3010.0 shares. Meanwhile, Vice President & Controller Nichols Brian W sold 4000.0 shares on Sep 17 ’24.
