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The price of Kroger Co. (NYSE: KR) closed at $52.99 in the last session, up 2.18% from day before closing price of $51.86. In other words, the price has increased by $2.18 from its previous closing price. On the day, 5.37 million shares were traded. KR stock price reached its highest trading level at $53.2 during the session, while it also had its lowest trading level at $52.1.
Ratios:
We take a closer look at KR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.60. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 26 ’24 when Foley Todd A sold 6,616 shares for $55.69 per share. The transaction valued at 368,467 led to the insider holds 46,958 shares of the business.
Kimball Kenneth C sold 30,251 shares of KR for $1,693,451 on Apr 25 ’24. The Senior Vice President now owns 105,298 shares after completing the transaction at $55.98 per share. On Apr 23 ’24, another insider, Adcock Mary Ellen, who serves as the Senior Vice President of the company, sold 82,806 shares for $55.61 each. As a result, the insider received 4,605,194 and left with 193,469 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 38247706624 and an Enterprise Value of 58480521216. As of this moment, Kroger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.05, and their Forward P/E ratio for the next fiscal year is 11.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 3.08. Its current Enterprise Value per Revenue stands at 0.389 whereas that against EBITDA is 7.25.
Stock Price History:
The Beta on a monthly basis for KR is 0.44, which has changed by 0.12744677 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. 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 0.71%, while the 200-Day Moving Average is calculated to be 7.94%.
Shares Statistics:
According to the various share statistics, KR traded on average about 5.56M shares per day over the past 3-months and 5616210 shares per day over the past 10 days. A total of 720.00M shares are outstanding, with a floating share count of 716.08M. Insiders hold about 0.79% of the company’s shares, while institutions hold 82.57% stake in the company. Shares short for KR as of 1718323200 were 16273290 with a Short Ratio of 2.93, compared to 1715731200 on 16622003. Therefore, it implies a Short% of Shares Outstanding of 16273290 and a Short% of Float of 2.56.
Dividends & Splits
The forward annual dividend rate for KR is 1.16, which was 1.16 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.022367913The stock’s 5-year Average Dividend Yield is 2.04. The current Payout Ratio is 38.18% for KR, which recently paid a dividend on 2024-05-14 with an ex-dividend date of 1723680000. Stock splits for the company last occurred on 2015-07-14 when the company split stock in a 2:1 ratio.
