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After finishing at $55.99 in the prior trading day, Kroger Co. (NYSE: KR) closed at $55.74, down -0.45%. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 2.92 million shares were traded. KR stock price reached its highest trading level at $56.49 during the session, while it also had its lowest trading level at $55.6.
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 10.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.87. 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 this company, Exane BNP Paribas on October 18, 2024, initiated with a Neutral rating and assigned the stock a target price of $56.
On June 18, 2024, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $58 to $60.
Wells Fargo Upgraded its Equal Weight to Overweight on April 16, 2024, whereas the target price for the stock was revised from $58 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 Oct 07 ’24 when Nichols Brian W sold 6,922 shares for $55.80 per share. The transaction valued at 386,248 led to the insider holds 14,063 shares of the business.
Jabbar Valerie L. sold 3,000 shares of KR for $167,730 on Sep 23 ’24. The Senior Vice President now owns 74,084 shares after completing the transaction at $55.91 per share. On Sep 17 ’24, another insider, FIKE CARIN L, who serves as the Vice President and Treasurer of the company, sold 3,010 shares for $55.57 each. As a result, the insider received 167,269 and left with 47,593 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 40507985920 and an Enterprise Value of 60537520128. As of this moment, Kroger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.59, and their Forward P/E ratio for the next fiscal year is 12.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.43. 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 3.22. Its current Enterprise Value per Revenue stands at 0.403 whereas that against EBITDA is 7.503.
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 1.25%, while the 200-Day Moving Average is calculated to be 5.11%.
Shares Statistics:
The stock has traded on average 3.94M shares per day over the past 3-months and 3084820 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 717.68M. Insiders hold about 0.80% of the company’s shares, while institutions hold 81.33% stake in the company. Shares short for KR as of 1728950400 were 9684500 with a Short Ratio of 2.46, compared to 1726185600 on 12457453. Therefore, it implies a Short% of Shares Outstanding of 9684500 and a Short% of Float of 1.52.
Dividends & Splits
In the trailing 12 months, KR’s forward annual dividend rate was 1.19, compared to 1.19 this year. Against a Trailing Annual Dividend Yield of 0.021253796The stock’s 5-year Average Dividend Yield is 2.02.
