The Kroger Co. (NYSE:KR) stock went on a downward path that fall over -0.28% on Friday, amounting to a one-week price decrease of more than -1.18%. Over the last 12 months, KR stock dropped by -0.42%. The one-year KR stock forecast points to a potential upside of 0.02, with the average price target set at $28.25 per share. The average equity rating for KR stock is currently 2.40, trading closer to a bullish pattern in the stock market.
The market cap for KR stock reached $22.77 billion, with 802.85 million shares outstanding and 795.46 million shares in the current float. Compared to the average trading volume of 7.15M shares, KR reached a trading volume of 4547536 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 $27.90 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 2.40. 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.
Evercore ISI have made an estimate for The Kroger Co. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 12, 2019. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price to Market Perform. The new note on the price target was released on December 06, 2019, representing the official price target for The Kroger Co. stock. Previously, the target price had yet another raise from $22 to $27, while Deutsche Bank kept a Hold rating on KR stock. On November 06, 2019, analysts increased their price target for KR shares from 27 to 29.
The Average True Range (ATR) for The Kroger Co. is set at 0.48, with the Price to Sales ratio for KR stock in the period of the last 12 months amounting to 0.19. The Price to Book ratio for the last quarter was 2.55, with the Price to Cash per share for the same quarter was set at 0.68. Price to Free Cash Flow for KR in the course of the last twelve months was 24.30 with Quick ratio for the last quarter at 0.30.
How has KR stock performed recently?
The Kroger Co. (KR) fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.18. With this latest performance, KR shares gained by 1.76% in over the last four-week period, additionally plugging by 29.56% over the last 6 months – not to mention a drop of -0.42% 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 51.33, with the RSI for the last a single of trading hit 44.47, and the three-weeks RSI is set at 55.13 for The Kroger Co. (KR). The present Moving Average for the last 50 days of trading for this stock 27.58, while it was recorded at 28.52 for the last single week of trading, and 24.83 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 +2.23 and a Gross Margin at +19.65. The Kroger Co.’s Net Margin is presently recorded at +2.54.
Return on Total Capital for KR is now 11.87, given the latest momentum, and Return on Invested Capital for the company is 15.81. Return on Equity for this stock inclined to 41.52, with Return on Assets sitting at 8.04. When it comes to the capital structure of this company, The Kroger Co. (KR) has a Total Debt to Total Equity ratio set at 193.11. Additionally, KR Total Debt to Total Capital is recorded at 65.88, with Total Debt to Total Assets ending up at 39.35. Long-Term Debt to Equity for the company is recorded at 153.08, with the Long-Term Debt to Total Capital now at 52.23.
Reflecting on the efficiency of the workforce at the company, The Kroger Co. (KR) managed to generate an average of $6,790 per employee. Receivables Turnover for the company is 75.12 with a Total Asset Turnover recorded at a value of 3.17. The Kroger Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 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 0.48/share EPS, while the average EPS was predicted by analysts to be reported at 0.52/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -7.70%. 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 5.11%.
Insider trade positions for The Kroger Co. (KR)
There are presently around $18,113 million, or 82.00% of KR stock, in the hands of institutional investors. The top three institutional holders of KR stocks are: VANGUARD GROUP INC with ownership of 68,182,714, which is approximately 0.84% of the company’s market cap and around 0.80% of the total institutional ownership; BLACKROCK INC., holding 57,023,080 shares of the stock with an approximate value of $1.62 billion in KR stocks shares; and STATE STREET CORP, currently with $1.15 billion in KR stock with ownership of nearly 2.208% of the company’s market capitalization.
Positions in The Kroger Co. stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 371 institutional holders increased their position in The Kroger Co. (NYSE:KR) by around 58,357,450 shares. Additionally, 358 investors decreased positions by around 67,785,829 shares, while 97 investors held positions by with 512,524,454 shares. The mentioned changes placed institutional holdings at 638,667,733 shares, according to the latest SEC report filing. KR stock had 103 new institutional investments in for a total of 11,003,638 shares, while 77 institutional investors sold positions of 6,904,962 shares during the same period.