Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $60.62 in the prior trading day, Kroger Co (NYSE: KR) closed at $59.14, down -2.44%. In other words, the price has decreased by -$2.44 from its previous closing price. On the day, 6.36 million shares were traded. KR stock price reached its highest trading level at $61.0 during the session, while it also had its lowest trading level at $58.755.
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 2.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 2.31 whereas as Long-Term Debt/Eq ratio is at 2.24.
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, Jefferies on December 03, 2024, Upgraded its rating to Buy and sets its target price to $73 from $54 previously.
On December 03, 2024, BMO Capital Markets Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $60.
Telsey Advisory Group reiterated its Outperform rating for the stock on November 27, 2024, while the target price for the stock was revised from $62 to $65.
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 Dec 19 ’24 when Foley Todd A sold 16,932 shares for $61.44 per share. The transaction valued at 1,040,288 led to the insider holds 53,782 shares of the business.
Aitken Stuart sold 132,627 shares of KR for $8,379,226 on Dec 12 ’24. The Senior Vice President now owns 217,523 shares after completing the transaction at $63.18 per share. On Dec 10 ’24, another insider, COSSET YAEL, who serves as the Senior Vice President and CIO of the company, sold 20,000 shares for $58.39 each. As a result, the insider received 1,167,880 and left with 144,620 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 42794057728 and an Enterprise Value of 63656681472. As of this moment, Kroger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.65, and their Forward P/E ratio for the next fiscal year is 12.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 0.424 whereas that against EBITDA is 7.89.
Stock Price History:
Over the past 52 weeks, KR has reached a high of $63.59, while it has fallen to a 52-week low of $44.48. The 50-Day Moving Average of the stock is -0.99%, while the 200-Day Moving Average is calculated to be 6.50%.
Shares Statistics:
The stock has traded on average 4.83M shares per day over the past 3-months and 8941430 shares per day over the last 10 days, according to various share statistics. A total of 724.00M shares are outstanding, with a floating share count of 717.78M. Insiders hold about 0.80% of the company’s shares, while institutions hold 81.46% stake in the company. Shares short for KR as of 1731628800 were 8273402 with a Short Ratio of 2.47, compared to 1728950400 on 9684500. Therefore, it implies a Short% of Shares Outstanding of 8273402 and a Short% of Float of 1.2999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.02.
