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After finishing at $54.18 in the prior trading day, Kroger Co. (NYSE: KR) closed at $53.31, down -1.61%. In other words, the price has decreased by -$1.61 from its previous closing price. On the day, 3.21 million shares were traded. KR stock price reached its highest trading level at $54.805 during the session, while it also had its lowest trading level at $53.3.
Ratios:
Our goal is to gain a better understanding of KR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on June 18, 2024, Upgraded its rating to Outperform and sets its target price to $60 from $58 previously.
On April 16, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $58 to $65.
Exane BNP Paribas Downgraded its Neutral to Underperform on April 08, 2024, while the target price for the stock was maintained at $48.
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 Jul 19 ’24 when Nichols Brian W sold 2,000 shares for $54.53 per share. The transaction valued at 109,060 led to the insider holds 18,063 shares of the business.
Foley Todd A sold 6,616 shares of KR for $368,467 on Apr 26 ’24. The Senior VP & Interim CFO now owns 46,958 shares after completing the transaction at $55.69 per share. On Apr 25 ’24, another insider, Kimball Kenneth C, who serves as the Senior Vice President of the company, sold 30,251 shares for $55.98 each. As a result, the insider received 1,693,451 and left with 105,298 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 38478675968 and an Enterprise Value of 58719879168. As of this moment, Kroger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.16, and their Forward P/E ratio for the next fiscal year is 11.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 3.10. Its current Enterprise Value per Revenue stands at 0.391 whereas that against EBITDA is 7.28.
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 1.98%, while the 200-Day Moving Average is calculated to be 7.53%.
Shares Statistics:
The stock has traded on average 5.49M shares per day over the past 3-months and 3811710 shares per day over the last 10 days, according to various share statistics. A total of 720.00M shares are outstanding, with a floating share count of 716.05M. Insiders hold about 0.80% of the company’s shares, while institutions hold 85.17% stake in the company. Shares short for KR as of 1721001600 were 13595715 with a Short Ratio of 2.48, compared to 1718323200 on 16273290. Therefore, it implies a Short% of Shares Outstanding of 13595715 and a Short% of Float of 2.1399999999999997.
Dividends & Splits
In the trailing 12 months, KR’s forward annual dividend rate was 1.16, compared to 1.16 this year. Against a Trailing Annual Dividend Yield of 0.021410113The stock’s 5-year Average Dividend Yield is 2.04.
