Kroger Co. (KR) concluded trading on Wednesday at a closing price of $57.62, with 4.04 million shares of worth about $232.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.62% during that period and on October 23, 2024 the price saw a gain of about 2.11%. 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 1.71% in past 5 days and over the past one month there was a price change of 2.78%. Year-to-date (YTD), KR shares are showing a performance of 26.06% which increased to 33.01% 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 3.91 million. The stock is currently trading 2.54% above its 20-day simple moving average (SMA20), while that difference is up 5.41% for SMA50 and it goes to 9.20% higher than SMA200.
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Kroger Co. (NYSE: KR) currently have 720.00M outstanding shares and institutions hold larger chunk of about 81.50% of that.
The stock has a current market capitalization of $41.69B and its 3Y-monthly beta is at 0.47. PE ratio of stock for trailing 12 months is 15.08, while it has posted earnings per share of $3.82 in the same period. Its PEG reads 2.51 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 1.73% while standing at 1.68% over the month.
Stock’s fiscal year EPS is expected to drop by -6.60% while it is estimated to increase by 3.04% 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 Exane BNP Paribas on October 18, 2024 offering a Neutral rating for the stock and assigned a target price of $56 to it. Coverage by BMO Capital Markets stated Kroger Co. (KR) stock as an Outperform in their note to investors on June 18, 2024, suggesting a price target of $60 for the stock. On April 16, 2024, Wells Fargo Upgrade their recommendations, while on April 08, 2024, Exane BNP Paribas Downgrade their ratings for the stock with a price target of $48. Stock get an Outperform rating from Telsey Advisory Group on March 28, 2024.
