Kroger Co. (NYSE: KR) closed the day trading at $55.42 up 0.09% from the previous closing price of $55.37. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 4245205 shares were traded.
Ratios:
For a better understanding of KR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 1.66 whereas as Long-Term Debt/Eq ratio is at 1.58.
On March 28, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $60 to $62.
Telsey Advisory Group reiterated its Outperform rating for the stock on March 08, 2024, while the target price for the stock was revised from $55 to $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 22 ’23 when FIKE CARIN L sold 4,798 shares for $45.52 per share. The transaction valued at 218,417 led to the insider holds 4,156 shares of the business.
FIKE CARIN L sold 6,000 shares of KR for $279,004 on Sep 15 ’23. The Vice President and Treasurer now owns 44,090 shares after completing the transaction at $46.50 per share. On Sep 12 ’23, another insider, Massa Timothy A, who serves as the Senior Vice President of the company, sold 23,000 shares for $45.46 each. As a result, the insider received 1,045,511 and left with 194,956 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KR now has a Market Capitalization of 40.00B and an Enterprise Value of 56.14B. As of this moment, Kroger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.72, and their Forward P/E ratio for the next fiscal year is 12.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 3.44. Its current Enterprise Value per Revenue stands at 0.37 whereas that against EBITDA is 7.99.
Stock Price History:
Over the past 52 weeks, KR has reached a high of $58.34, while it has fallen to a 52-week low of $42.10. The 50-Day Moving Average of the stock is 51.43, while the 200-Day Moving Average is calculated to be 47.22.
Shares Statistics:
Over the past 3-months, KR traded about 5.10M shares per day on average, while over the past 10 days, KR traded about 4.58M shares per day. A total of 720.00M shares are outstanding, with a floating share count of 715.87M. Insiders hold about 0.81% of the company’s shares, while institutions hold 82.73% stake in the company. Shares short for KR as of Mar 28, 2024 were 15.61M with a Short Ratio of 2.62, compared to 17.35M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.16% and a Short% of Float of 2.46%.
Dividends & Splits
KR’s forward annual dividend rate is 1.13, up from 1.13 a year ago. Against a Trailing Annual Dividend Yield of 2.04%, it implies a Forward Annual Dividend Yield of 2.09%. The stock’s 5-year Average Dividend Yield is 2.05. The current Payout Ratio is 38.18% for KR, which recently paid a dividend on Jun 01, 2024 with an ex-dividend date of May 14, 2024. Stock splits for the company last occurred on Jul 14, 2015 when the company split stock in a 2:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 17 analysts. On average, analysts expect EPS of $1.34 for the current quarter, with a high estimate of $1.39 and a low estimate of $1.29, while EPS last year was $1.51. The consensus estimate for the next quarter is $0.95, with high estimates of $0.98 and low estimates of $0.89.
Analysts are recommending an EPS of between $4.49 and $4.2 for the fiscal current year, implying an average EPS of $4.42. EPS for the following year is $4.55, with 20 analysts recommending between $4.8 and $3.77.
Revenue Estimates
A total of 21 analysts have provided revenue estimates for KR’s current fiscal year. The highest revenue estimate was $152.74B, while the lowest revenue estimate was $145.89B, resulting in an average revenue estimate of $148.73B. In the same quarter a year ago, actual revenue was $150.04B, down -0.90% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $151.33B in the next fiscal year. The high estimate is $153.4B and the low estimate is $148.09B. The average revenue growth estimate for next year is up 1.70% from the average revenue estimate for this year.
