Kroger Co. [NYSE: KR] closed the trading session at $56.65.
The stocks have a year to date performance of 23.93 percent and weekly performance of 0.89 percent. The stock has been moved at 2.52 percent over the last six months. The stock has performed 2.93 percent around the most recent 30 days and changed 3.36 percent over the most recent 3-months.
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If compared to the average trading volume of 4.03M shares, KR reached to a volume of 2870415 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $59.00 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 2.21. 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.
BMO Capital Markets have made an estimate for Kroger Co. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 18, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $58 to $65. The new note on the price target was released on April 16, 2024, representing the official price target for Kroger Co. stock. Previously, the target price had yet another raise to $48, while Exane BNP Paribas analysts kept a Underperform rating on KR stock. On March 28, 2024, analysts increased their price target for KR shares from 60 to 62.
The Average True Range (ATR) for Kroger Co. is set at 0.97, with the Price to Sales ratio for KR stock in the period of the last 12 months amounting to 0.27. The Price to Book ratio for the last quarter was 3.28, with the Price to Cash per share for the same quarter was set at 5.36. Price to Free Cash Flow for KR in the course of the last twelve months was 23.98 with Quick ratio for the last quarter at 0.46.
KR stock trade performance evaluation
Kroger Co. [KR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.89. With this latest performance, KR shares gained by 2.93% in over the last four-week period, additionally plugging by 2.52% over the last 6 months – not to mention a rise of 27.91% 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 59.02, with the RSI for the last a single of trading hit 61.45, and the three-weeks RSI is set at 57.77 for Kroger Co. [KR]. The present Moving Average for the last 50 days of trading for this stock 54.35, while it was recorded at 55.73 for the last single week of trading, and 52.50 for the last 200 days.
Kroger Co. [KR]: An insightful look at the core fundamentals
Kroger Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.46 and a Current Ratio set at 0.87.
Earnings per share (EPS) analysis for Kroger Co. [KR] stock
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 6.00%.
Kroger Co. [KR]: Institutional Ownership
There are presently around $75.18%, or 81.36%% of KR stock, in the hands of institutional investors. The top three institutional holders of KR stocks are: VANGUARD GROUP INC with ownership of 81.23 million shares, which is approximately 11.2659%. BLACKROCK INC., holding 61.78 million shares of the stock with an approximate value of $$3.08 billion in KR stocks shares; and BLACKROCK INC., currently with $$2.5 billion in KR stock with ownership which is approximately 6.9348%.
