Market Analysts see The Kroger Co. [KR] gaining to $39. Time to buy?

The Kroger Co. [NYSE: KR] traded at a high on 02/17/21, posting a 2.11 gain after which it closed the day’ session at $34.37. The company report on February 17, 2021 that Kroger Health Introduces COVID-19 Vaccine Scheduling Solutions to Enhance Vaccination Efforts.

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America’s largest grocer announces online scheduling tool and dedicated call center.

Kroger Health, the health care division of The Kroger Co. (NYSE: KR), announced its new vaccine scheduling tool, making it easy and efficient to book COVID-19 vaccine appointments online.

The results of the trading session contributed to over 7076564 shares changing hands. Over the past one week, the price volatility of The Kroger Co. stands at 1.85% while the volatility over the past one month is 4.32%.

The market cap for KR stock reached $25.74 billion, with 772.00 million shares outstanding and 756.29 million shares in the current float. Compared to the average trading volume of 12.60M shares, KR reached a trading volume of 7076564 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about The Kroger Co. [KR]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KR shares is $34.96 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KR stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Telsey Advisory Group have made an estimate for The Kroger Co. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on January 28, 2021. The new note on the price target was released on January 20, 2021, representing the official price target for The Kroger Co. stock. Previously, the target price had yet another raise to $31, while Barclays analysts kept a Underweight rating on KR stock.

The Average True Range (ATR) for The Kroger Co. is set at 1.17, with the Price to Sales ratio for KR stock in the period of the last 12 months amounting to 0.20. The Price to Book ratio for the last quarter was 2.64, with the Price to Cash per share for the same quarter was set at 2.91. Price to Free Cash Flow for KR in the course of the last twelve months was 8.14 with Quick ratio for the last quarter at 0.40.

How has KR stock performed recently?

The Kroger Co. [KR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.32. With this latest performance, KR shares gained by 1.99% in over the last four-week period, additionally sinking by -4.53% over the last 6 months – not to mention a rise of 15.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KR stock in for the last two-week period is set at 55.30, with the RSI for the last a single of trading hit 56.55, and the three-weeks RSI is set at 54.81 for The Kroger Co. [KR]. The present Moving Average for the last 50 days of trading for this stock 32.63, while it was recorded at 33.80 for the last single week of trading, and 33.32 for the last 200 days.

The Kroger Co. [KR]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The Kroger Co. [KR] shares currently have an operating margin of +2.19 and a Gross Margin at +19.91. The Kroger Co.’s Net Margin is presently recorded at +1.34.

Return on Total Capital for KR is now 10.13, given the latest momentum, and Return on Invested Capital for the company is 6.95. Return on Equity for this stock inclined to 19.89, with Return on Assets sitting at 3.79. When it comes to the capital structure of this company, The Kroger Co. [KR] has a Total Debt to Total Equity ratio set at 246.20. Additionally, KR Total Debt to Total Capital is recorded at 71.11, with Total Debt to Total Assets ending up at 44.21. Long-Term Debt to Equity for the company is recorded at 216.41, with the Long-Term Debt to Total Capital now at 62.51.

Reflecting on the efficiency of the workforce at the company, The Kroger Co. [KR] managed to generate an average of $3,770 per employee. Receivables Turnover for the company is 74.23 with a Total Asset Turnover recorded at a value of 2.82.The Kroger Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.80.

Earnings analysis for The Kroger Co. [KR]

With the latest financial reports released by the company, The Kroger Co. posted 0.57/share EPS, while the average EPS was predicted by analysts to be reported at 0.55/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Kroger Co. go to 8.04%.

Insider trade positions for The Kroger Co. [KR]

There are presently around $22,482 million, or 89.30% of KR stock, in the hands of institutional investors. The top three institutional holders of KR stocks are: BLACKROCK INC. with ownership of 72,230,358, which is approximately 16.783% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 72,090,939 shares of the stock with an approximate value of $2.48 billion in KR stocks shares; and STATE STREET CORP, currently with $1.42 billion in KR stock with ownership of nearly -1.105% of the company’s market capitalization.

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Positions in The Kroger Co. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 450 institutional holders increased their position in The Kroger Co. [NYSE:KR] by around 71,829,009 shares. Additionally, 436 investors decreased positions by around 67,735,925 shares, while 103 investors held positions by with 514,564,719 shares. The mentioned changes placed institutional holdings at 654,129,653 shares, according to the latest SEC report filing. KR stock had 134 new institutional investments in for a total of 14,931,958 shares, while 97 institutional investors sold positions of 5,882,801 shares during the same period.

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