Kroger Co [KR] stock is trading at $60.50, down -0.12%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The KR shares have gain 5.02% over the last week, with a monthly amount glided 8.06%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kroger Co [NYSE: KR] stock has seen the most recent analyst activity on November 27, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $65 from $62. Previously, Exane BNP Paribas started tracking the stock with Neutral rating on October 18, 2024, and set its price target to $56. On June 18, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $60 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $65 on April 16, 2024. Exane BNP Paribas downgraded its rating to a Underperform but $48 remained the price target by the analyst firm on April 08, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on March 28, 2024, and upped its price target to $62. In a note dated March 08, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $55 to $60.
Kroger Co [KR] stock has fluctuated between $42.97 and $60.70 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 $60.50 at the most recent close of the market. An investor can expect a potential drop of -6.45% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.
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 60.15 points at the first support level, and at 59.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 61.01, and for the 2nd resistance point, it is at 61.53.
Ratios To Look Out For
For context, Kroger Co’s Current Ratio is 0.87. Also, the Quick Ratio is 0.46, while the Cash Ratio stands at 0.17. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 3.50 and price to earnings (TTM) ratio is 15.83.
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.
