Kroger Co. [KR] stock is trading at $57.62, up 2.11%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The KR shares have gain 1.71% over the last week, with a monthly amount glided 2.78%, 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 October 18, 2024, when Exane BNP Paribas initiated its Neutral rating and assigned the stock a price target of $56. Previously, BMO Capital Markets upgraded its rating to Outperform on June 18, 2024, and elevated its price target to $60. On April 16, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $65 on the stock. Exane BNP Paribas downgraded its rating to a Underperform but stick to its price target of $48 on April 08, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $62 on March 28, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on March 08, 2024, and upped its price target to $60. In a note dated February 27, 2024, Wells Fargo upgraded an Equal Weight rating on this stock and boosted its target price from $42 to $50.
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 $57.62 at the most recent close of the market. An investor can expect a potential drop of -1.77% based on the average KR price forecast.
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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.55.
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 56.64 points at the first support level, and at 55.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.15, and for the 2nd resistance point, it is at 58.69.
Ratios To Look Out For
For context, Kroger Co.’s Current Ratio is 0.87. Further, the Quick Ratio stands at 0.46, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.28, the price to book ratio is 3.33 and price to earnings (TTM) ratio is 15.08.
Transactions by insiders
Recent insider trading involved Nichols Brian W, Vice President & Controller, that happened on Oct 07 ’24 when 6922.0 shares were sold. Senior Vice President, Jabbar Valerie L. completed a deal on Sep 23 ’24 to sell 3000.0 shares. Meanwhile, Vice President and Treasurer FIKE CARIN L sold 3010.0 shares on Sep 17 ’24.
