Kroger Co. (KR) concluded trading on Wednesday at a closing price of $56.65, with 2.87 million shares of worth about $162.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.52% during that period and on October 16, 2024 the price saw a gain of about 0.91%. Currently the company’s common shares owned by public are about 720.00M shares, out of which, 717.68M shares are available for trading.
Stock saw a price change of 0.89% in past 5 days and over the past one month there was a price change of 2.93%. Year-to-date (YTD), KR shares are showing a performance of 23.93% which increased to 27.91% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $42.10 but also hit the highest price of $58.34 during that period. The average intraday trading volume for Kroger Co. shares is 4.03 million. The stock is currently trading 1.22% above its 20-day simple moving average (SMA20), while that difference is up 4.22% for SMA50 and it goes to 7.90% higher than SMA200.
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Kroger Co. (NYSE: KR) currently have 720.00M outstanding shares and institutions hold larger chunk of about 81.85% of that.
The stock has a current market capitalization of $40.99B and its 3Y-monthly beta is at 0.47. PE ratio of stock for trailing 12 months is 14.83, while it has posted earnings per share of $3.82 in the same period. Its PEG reads 2.47 and has Quick Ratio of 0.46 while making debt-to-equity ratio of 1.55. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KR, volatility over the week remained 1.85% while standing at 1.64% over the month.
Stock’s fiscal year EPS is expected to drop by -6.44% while it is estimated to increase by 2.84% in next year. EPS is likely to grow at an annualized rate of 6.00% for next 5-years, compared to annual growth of -4.67% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on June 18, 2024 offering an Outperform rating for the stock and assigned a target price range of between $58 and $60 to it. Coverage by Wells Fargo stated Kroger Co. (KR) stock as an Overweight in their note to investors on April 16, 2024, suggesting a price target of $65 for the stock. On April 08, 2024, Exane BNP Paribas Downgrade their recommendations, while on March 28, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $62. Stock get an Outperform rating from Telsey Advisory Group on March 08, 2024.
