Kroger Co [KR] stock prices are up 0.98% to $61.64 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The KR shares have gain 5.01% over the last week, with a monthly amount glided 0.67%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies upgraded its rating to Buy on December 03, 2024, and elevated its price target to $73. On December 03, 2024, downgrade downgraded it’s rating to Market Perform but maintained its price target of $60 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $65 on November 27, 2024. Exane BNP Paribas initiated its recommendation with a Neutral and recommended $56 as its price target on October 18, 2024. BMO Capital Markets upgraded its rating to Outperform for this stock on June 18, 2024, and upped its price target to $60. In a note dated April 16, 2024, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $58 to $65.
The stock price of Kroger Co [KR] has been fluctuating between $44.48 and $63.59 over the past year. Currently, Wall Street analysts expect the stock to reach $67.5 within the next 12 months. Kroger Co [NYSE: KR] shares were valued at $61.64 at the most recent close of the market. An investor can expect a potential return of 9.51% based on the average KR price forecast.
Analyzing the KR fundamentals
The Kroger Co [NYSE:KR] reported sales of 149.88B for trailing twelve months, representing a drop of -0.95%. 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 0.22 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 60.96 points at the first support level, and at 60.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.09, and for the 2nd resistance point, it is at 62.54.
Ratios To Look Out For
It’s worth pointing out that Kroger Co [NYSE:KR]’s Current Ratio is 1.54. On the other hand, the Quick Ratio is 1.07, and the Cash Ratio is 0.82. Considering the valuation of this stock, the price to sales ratio is 0.30, the price to book ratio is 3.46 and price to earnings (TTM) ratio is 16.31.
Transactions by insiders
Recent insider trading involved Foley Todd A, Senior VP & Interim CFO, that happened on Dec 19 ’24 when 16932.0 shares were sold. Senior Vice President, Aitken Stuart completed a deal on Dec 12 ’24 to sell 0.13 million shares. Meanwhile, Senior Vice President and CIO COSSET YAEL sold 20000.0 shares on Dec 10 ’24.
