On Monday, Kroger Co. (NYSE: KR) opened higher 0.64% from the last session, before settling in for the closing price of $56.57. Price fluctuations for KR have ranged from $42.10 to $58.34 over the past 52 weeks.
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Annual sales at Consumer Defensive sector company grew by 4.41% over the past five years. Company’s average yearly earnings per share was noted -7.24% at the time writing. With a float of $715.87 million, this company’s outstanding shares have now reached $720.00 million.
Let’s look at the performance matrix of the company that is accounted for 414000 employees.
Kroger Co. (KR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Grocery Stores industry is another important factor to consider. The insider ownership of Kroger Co. is 0.81%, while institutional ownership is 82.67%. The most recent insider transaction that took place on Sep 22 ’23, was worth 218,417. In this transaction Vice President and Treasurer of this company sold 4,798 shares at a rate of $45.52, taking the stock ownership to the 4,156 shares. Before that another transaction happened on Sep 15 ’23, when Company’s Vice President and Treasurer sold 6,000 for $46.50, making the entire transaction worth $279,004. This insider now owns 44,090 shares in total.
Kroger Co. (KR) Latest Financial update
If we go through the results of last quarter, which was made public on 1/31/2024, the company posted $1.34 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.13) by $0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to -4.67% drop over the previous five years of trading.
Kroger Co. (NYSE: KR) Trading Performance Indicators
Check out the current performance indicators for Kroger Co. (KR). In the past quarter, the stock posted a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.27. Likewise, its price to free cash flow for the trailing twelve months is 13.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.96, a number that is poised to hit 1.34 in the next quarter and is forecasted to reach 4.54 in one year’s time.
Technical Analysis of Kroger Co. (KR)
Kroger Co. (NYSE: KR) saw its 5-day average volume 4.73 million, a negative change from its year-to-date volume of 4.96 million. As of the previous 9 days, the stock’s Stochastic %D was 69.24%. Additionally, its Average True Range was 0.97.
During the past 100 days, Kroger Co.’s (KR) raw stochastic average was set at 90.83%, which indicates a significant increase from 57.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.80% in the past 14 days, which was lower than the 22.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.22, while its 200-day Moving Average is $47.63. Nevertheless, the first resistance level for the watch stands at $57.26 in the near term. At $57.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $58.06. If the price goes on to break the first support level at $56.47, it is likely to go to the next support level at $56.01. The third support level lies at $55.68 if the price breaches the second support level.
Kroger Co. (NYSE: KR) Key Stats
There are currently 721,688K shares outstanding in the company with a market cap of 41.09 billion. Presently, the company’s annual sales total 150,039 M according to its annual income of 2,164 M. Last quarter, the company’s sales amounted to 37,064 M and its income totaled 736,000 K.
