While Kroger Co has underperformed by -2.44%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KR rose by 28.43%, with highs and lows ranging from $63.59 to $44.48, whereas the simple moving average jumped by 6.50% in the last 200 days.
On December 03, 2024, Jefferies Upgraded Kroger Co (NYSE: KR) to Buy. A report published by BMO Capital Markets on December 03, 2024, Downgraded its rating to ‘Market Perform’ for KR. Telsey Advisory Group also reiterated KR shares as ‘Outperform’, quoting a target price of $65 on the company’s shares in a report dated November 27, 2024. Exane BNP Paribas Initiated an Neutral rating on October 18, 2024, and assigned a price target of $56. BMO Capital Markets June 18, 2024d its ‘Market Perform’ rating to ‘Outperform’ for KR, as published in its report on June 18, 2024. Wells Fargo’s report from April 16, 2024 suggests a price prediction of $65 for KR shares, giving the stock a ‘Overweight’ rating. Exane BNP Paribas also rated the stock as ‘Underperform’.
Analysis of Kroger Co (KR)
KR currently pays a dividend of $1.22 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -0.95%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Kroger Co’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 22.78% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.07, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 4.83M can be a very valuable indicator of volatility for KR stock. On a monthly basis, the volatility of the stock is set at 2.37%, whereas on a weekly basis, it is put at 2.21%, with a loss of -3.41% over the past seven days. Furthermore, long-term investors anticipate a median target price of $66.29, showing growth from the present price of $59.14, which can serve as yet another indication of whether KR is worth investing in or should be passed over.
How Do You Analyze Kroger Co Shares?
The USA based company Kroger Co (KR) is one of the biggest names in Grocery Stores. When comparing Kroger Co shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 15.65, there is a growth in quarterly earnings of -4.76%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.80%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 81.46% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KR shares are owned by institutional investors to the tune of 81.46% at present.
