Kroger Co. [KR] Is Currently 0.61 below its 200 Period Moving Avg: What Does This Mean?

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Kroger Co. [NYSE: KR] jumped around 0.27 points on Wednesday, while shares priced at $44.51 at the close of the session, up 0.61%. The company report on November 9, 2023 at 10:00 AM that Kroger Chief People Officer Joins Progressive Grocer Grocery Impact Conference to Discuss Building a Workforce of the Future.

Tim Massa talks about how Kroger champions associates and shapes culture.

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The Kroger Co. (NYSE: KR) Chief People Officer and Senior Vice President Tim Massa joined the Progressive Grocer’s Grocery Impact Conference, convening in Orlando, Florida, for a discussion around building the workforce of the future and championing associates to shape company culture.

Kroger Co. stock is now -0.16% down from its year-to-date (YTD) trading value. KR Stock saw the intraday high of $44.8393 and lowest of $44.345 per share. The company’s 52-week high price is 50.41, which means current price is +4.43% above from all time high which was touched on 05/22/23.

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Compared to the average trading volume of 4.54M shares, KR reached a trading volume of 4482733 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about 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 $50.83 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 2.54. 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.

HSBC Securities have made an estimate for Kroger Co. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on September 22, 2023.

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The Average True Range (ATR) for Kroger Co. is set at 0.75, with the Price to Sales ratio for KR stock in the period of the last 12 months amounting to 0.22. The Price to Book ratio for the last quarter was 3.02, with the Price to Cash per share for the same quarter was set at 4.95. Price to Free Cash Flow for KR in the course of the last twelve months was 11.09 with Quick ratio for the last quarter at 0.36.

How has KR stock performed recently?

Kroger Co. [KR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.46. With this latest performance, KR shares gained by 0.04% in over the last four-week period, additionally sinking by -9.62% over the last 6 months – not to mention a drop of -4.40% 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 48.80, with the RSI for the last a single of trading hit 50.31, and the three-weeks RSI is set at 47.75 for Kroger Co. [KR]. The present Moving Average for the last 50 days of trading for this stock 44.85, while it was recorded at 44.14 for the last single week of trading, and 46.60 for the last 200 days.

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

Operating Margin for any stock indicates how profitable investing would be, and Kroger Co. [KR] shares currently have an operating margin of +3.06 and a Gross Margin at +19.43. Kroger Co.’s Net Margin is presently recorded at +1.50.

Return on Total Capital for KR is now 15.03, given the latest momentum, and Return on Invested Capital for the company is 7.78. Return on Equity for this stock inclined to 22.82, with Return on Assets sitting at 4.28. When it comes to the capital structure of this company, Kroger Co. [KR] has a Total Debt to Total Equity ratio set at 203.27. Additionally, KR Total Debt to Total Capital is recorded at 67.03, with Total Debt to Total Assets ending up at 39.10. Long-Term Debt to Equity for the company is recorded at 183.63, with the Long-Term Debt to Total Capital now at 60.55.

Reflecting on the efficiency of the workforce at the company, Kroger Co. [KR] managed to generate an average of $5,172 per employee. Receivables Turnover for the company is 73.00 with a Total Asset Turnover recorded at a value of 2.85.Kroger Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.36 and a Current Ratio set at 0.78.

Earnings analysis for Kroger Co. [KR]

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 Kroger Co. go to 8.00%.

Insider trade positions for Kroger Co. [KR]

The top three institutional holders of KR stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in KR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in KR stock with ownership which is approximately 5.7994%.

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