A new trading day began on Monday, with Kroger Co (NYSE: KR) stock price up 0.07% from the previous day of trading, before settling in for the closing price of $58.02. KR’s price has ranged from $42.10 to $60.35 over the past 52 weeks.
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Consumer Defensive Sector giant saw their annual sales surged by 4.41% over the last five years. Meanwhile, its annual earnings per share averaged -6.60%. With a float of $717.69 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Grocery Stores Industry. The insider ownership of Kroger Co is 0.80%, while institutional ownership is 81.44%. 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
In its latest quarterly report, released on 7/31/2024, the company reported earnings of 0.95 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.
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
Here are Kroger Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.46. 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 24.14.
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 2.79 million was lower than the volume posted last year of 4.68 million. As of the previous 9 days, the stock’s Stochastic %D was 39.42%. Additionally, its Average True Range was 1.00.
During the past 100 days, Kroger Co’s (KR) raw stochastic average was set at 79.11%, which indicates a significant increase from 51.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.54% in the past 14 days, which was higher than the 21.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.51, while its 200-day Moving Average is $53.81. Now, the first resistance to watch is $58.48. This is followed by the second major resistance level at $58.91. The third major resistance level sits at $59.18. If the price goes on to break the first support level at $57.78, it is likely to go to the next support level at $57.51. Should the price break the second support level, the third support level stands at $57.08.
Kroger Co (NYSE: KR) Key Stats
With a market capitalization of 41.25 billion, the company has a total of 723,486K Shares Outstanding. Currently, annual sales are 150,039 M while annual income is 2,164 M. The company’s previous quarter sales were 33,912 M while its latest quarter income was 466,000 K.
