Growth Story Still Intact For Kroger Co (KR)

Kroger Co (KR) concluded trading on Wednesday at a closing price of $65.80, with 6.3 million shares of worth about $414.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.59% during that period and on February 12, 2025 the price saw a gain of about 1.15%. Currently the company’s common shares owned by public are about 724.00M shares, out of which, 717.76M shares are available for trading.

Stock saw a price change of 0.58% in past 5 days and over the past one month there was a price change of 10.61%. Year-to-date (YTD), KR shares are showing a performance of 7.60% which increased to 44.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $45.17 but also hit the highest price of $65.75 during that period. The average intraday trading volume for Kroger Co shares is 5.64 million. The stock is currently trading 6.64% above its 20-day simple moving average (SMA20), while that difference is up 7.58% for SMA50 and it goes to 17.23% higher than SMA200.

Kroger Co (NYSE: KR) currently have 724.00M outstanding shares and institutions hold larger chunk of about 80.33% of that.

The stock has a current market capitalization of $47.61B and its 3Y-monthly beta is at 0.51. PE ratio of stock for trailing 12 months is 17.41, while it has posted earnings per share of $3.78 in the same period. Its PEG reads 6.75 and has Quick Ratio of 1.07 while making debt-to-equity ratio of 2.31. 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 1.55% while standing at 1.81% over the month.

Stock’s fiscal year EPS is expected to drop by -6.42% while it is estimated to increase by 7.93% in next year. EPS is likely to grow at an annualized rate of 2.58% 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 Goldman on February 04, 2025 offering a Buy rating for the stock and assigned a target price of $70 to it. Coverage by Citigroup stated Kroger Co (KR) stock as a Neutral in their note to investors on January 24, 2025, suggesting a price target of $61 for the stock. On December 03, 2024, Jefferies Upgrade their recommendations, while on December 03, 2024, BMO Capital Markets Downgrade their ratings for the stock with a price target of $60. Stock get an Outperform rating from Telsey Advisory Group on November 27, 2024.

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