Kroger Co. (NYSE: KR) on Friday, soared 1.20% from the previous trading day, before settling in for the closing price of $56.69. Within the past 52 weeks, KR’s price has moved between $42.10 and $58.34.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Defensive Sector giant saw their annual sales surged by 4.41% over the last five years. The company achieved an average annual earnings per share of -6.60%. With a float of $717.68 million, this company’s outstanding shares have now reached $720.00 million.
The firm has a total of 414000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 21.3%, operating margin of 3.06%, and the pretax margin is 2.39%.
Kroger Co. (KR) Insider Activity
Observing investor behavior towards Grocery Stores industry stocks is more important than anything else. The insider ownership of Kroger Co. is 0.80%, while institutional ownership is 81.53%. The most recent insider transaction that took place on Oct 07 ’24, was worth 386,248. In this transaction Vice President & Controller of this company sold 6,922 shares at a rate of $55.80, taking the stock ownership to the 14,063 shares. Before that another transaction happened on Sep 23 ’24, when Company’s Senior Vice President sold 3,000 for $55.91, making the entire transaction worth $167,730. This insider now owns 74,084 shares in total.
Kroger Co. (KR) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -6.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to -4.67% drop over the previous five years of trading.
Kroger Co. (NYSE: KR) Trading Performance Indicators
Kroger Co. (KR) is currently performing well based on its current performance indicators. A quick ratio of 0.46 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28. Likewise, its price to free cash flow for the trailing twelve months is 24.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.82, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 4.58 in one year’s time.
Technical Analysis of Kroger Co. (KR)
Analysing the last 5-days average volume posted by the [Kroger Co., KR], we can find that recorded value of 3.35 million was lower than the volume posted last year of 4.79 million. As of the previous 9 days, the stock’s Stochastic %D was 77.20%. Additionally, its Average True Range was 1.02.
During the past 100 days, Kroger Co.’s (KR) raw stochastic average was set at 90.15%, which indicates a significant increase from 73.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.08% in the past 14 days, which was lower than the 21.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.83, while its 200-day Moving Average is $52.88. Now, the first resistance to watch is $58.01. This is followed by the second major resistance level at $58.64. The third major resistance level sits at $59.01. If the price goes on to break the first support level at $57.01, it is likely to go to the next support level at $56.64. Should the price break the second support level, the third support level stands at $56.01.
Kroger Co. (NYSE: KR) Key Stats
Market capitalization of the company is 41.51 billion based on 721,791K outstanding shares. Right now, sales total 150,039 M and income totals 2,164 M. The company made 33,912 M in profit during its latest quarter, and 466,000 K in sales during its previous quarter.