At the time of writing, Kroger Co [KR] stock is trading at $63.78, up 2.00%. 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 lost -0.23% over the last week, with a monthly amount drifted -0.31%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On December 03, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $73 on the stock. BMO Capital Markets downgraded its rating to a Market Perform but stick to its price target of $60 on December 03, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $65 on November 27, 2024. Exane BNP Paribas started tracking with a Neutral rating for this stock on October 18, 2024, and assigned it a price target of $56. In a note dated June 18, 2024, BMO Capital Markets upgraded an Outperform rating on this stock and boosted its target price from $58 to $60.
For the past year, the stock price of Kroger Co fluctuated between $49.04 and $66.26. Currently, Wall Street analysts expect the stock to reach $67.5 within the next 12 months. Kroger Co [NYSE: KR] shares were valued at $63.78 at the most recent close of the market. An investor can expect a potential return of 5.83% based on the average KR price forecast.
Analyzing the KR fundamentals
According to Kroger Co [NYSE:KR], the company’s sales were 149.88B for trailing twelve months, which represents an -0.95% plunge. 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 0.24 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.03.
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 62.30 points at the first support level, and at 60.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.56, and for the 2nd resistance point, it is at 67.35.
Ratios To Look Out For
It is important to note that Kroger Co [NYSE:KR] has a current ratio of 1.54. In addition, the Quick Ratio stands at 1.07 and the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 0.31, the price to book ratio is 3.58 and price to earnings (TTM) ratio is 16.88.
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.
