At the time of writing, Kroger Co [KR] stock is trading at $60.73, up 5.12%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KR shares have gain 1.27% over the last week, with a monthly amount glided 1.37%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Kroger Co [NYSE: KR] stock has seen the most recent analyst activity on December 03, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $73 from $54. Previously, BMO Capital Markets downgraded its rating to Market Perform on December 03, 2024, and kept the price target unchanged to $60. On November 27, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $65 on the stock. Exane BNP Paribas started tracking the stock assigning a Neutral rating and suggested a price target of $56 on October 18, 2024. BMO Capital Markets upgraded its rating to a Outperform and raised its price target to $60 on June 18, 2024. Wells Fargo upgraded its rating to Overweight for this stock on April 16, 2024, and upped its price target to $65. In a note dated April 08, 2024, Exane BNP Paribas downgraded an Underperform rating on this stock but restated the target price of $48.
For the past year, the stock price of Kroger Co fluctuated between $43.51 and $61.37. Currently, Wall Street analysts expect the stock to reach $64.8 within the next 12 months. Kroger Co [NYSE: KR] shares were valued at $60.73 at the most recent close of the market. An investor can expect a potential return of 6.7% based on the average KR price forecast.
Analyzing the KR fundamentals
According to Kroger Co [NYSE:KR], the company’s sales were 150.20B for trailing twelve months, which represents an 0.17% jump. 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 0.04, Equity is 0.23 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.31.
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 58.59 points at the first support level, and at 56.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.08, and for the 2nd resistance point, it is at 63.44.
Ratios To Look Out For
It is important to note that Kroger Co [NYSE:KR] has a current ratio of 0.87. As well, the Quick Ratio is 0.46, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 3.51 and price to earnings (TTM) ratio is 15.89.
Transactions by insiders
Recent insider trading involved COSSET YAEL, Senior Vice President and CIO, that happened on Dec 10 ’24 when 20000.0 shares were sold. Senior Vice President and CIO, COSSET YAEL completed a deal on Dec 09 ’24 to sell 30000.0 shares. Meanwhile, Senior Vice President Massa Timothy A sold 25889.0 shares on Dec 06 ’24.