The Kroger Co. (KR): Technical Analysis and analyst Ratings


The Kroger Co. (NYSE:KR) changes shares on Friday trading session, with a change of 1.35% or $0.43 shares. The trading starts at $31.99 and closed at $31.81 throughout the day. The trading session low price was $31.23 and day high was $32.30 on Friday, June 19. After the session, the Consumer Defensive sector daily volume shifted to 28.9 million while its average volume is 12.66M. In other hand, the KR market cap reached to $25.69B. While, its current target price is $32.24 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.06% and down -0.19% for month. Its quarterly performance was 1.48% above, while its half year performance is up 13.80%. KR yearly performance stood at positive 39.39% and rise 11.21% for year-to-date. Current recommendation for The Kroger Co. is 2.40.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. KR EPS (TTM) for 12-month is 2.04. EPS for this year is -45.80%, while for the next year its value is 2.53. Sales growth for the current quarter is 2.81 while its EPS Q/Q reached 27.20%. It has an EPS of 3.30% up for past five years and for the next five years will be up 5.63%.

Let’s take a look on the analyst recommendations on KR for the current month and previous month. For the current month, 10 of 25 analysts recommend stock as Buy while 1 as Sell, 1 as overweight, 0 as underweight and 13 as Hold. As compared with the previous month ratings, 25 analysts participate in stock recommendation. Out of 25, 1 rated it sell, 10 rated it as Buy and 13 as Hold Ratings. On the other hand, target price ranges from $26.00-$42.00. Average target price for KR was reached at $35.62.

Vanguard Group, Inc. (The), Blackrock Inc. and FMR, LLC are the top three holders in The Kroger Co. (KR) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 68.09 million shares which valued 2.05 billion. On Mar 30, 2020, Blackrock Inc. owned 59.7 million shares which valued at 1.8 billion. On Mar 30, 2020, FMR, LLC has a total of 41.6 million shares which valued at 1.25 billion. In the end, FMR, LLC have 5.29% shares outstanding of The Kroger Co. (KR) on Mar 30, 2020. The insider ownership moved to 0.70% and institutional holding shifted to 80.90%.

The company posted an EPS (TTM) of 2.04. According to the most recent quarter report on (Jul 2020), 19 analysts estimated an average EPS of 0.49, while 0.44 EPS posted a year ago period. Analyst Estimated EPS for KR published in the report was 0.35-0.59 during the same period. Comparing with last year, the average estimated EPS was 0.44 which is lower than 1.22 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for KR rise 11.51% for period of 200 days. SMA for 50 days was -0.60% which is showing red signal, while SMA-20 was -0.84%. The moving average value for The Kroger Co. (KR) is 30.42 and 32.62 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in KR stock. On May 11, SHACKOULS BOBBY S, Director, sold 15,000 trading shares at the cost of $34.00, which valued at 0.51 million. On Mar 19, SHACKOULS BOBBY S, Director, sold 7,800 shares at the cost of $33.76, with total shares of 49,845. On Mar 17, Sharp Erin S, Group Vice President, sold 11,829 shares at the cost of 33.00. After this transaction, Sharp Erin S total shares reached to 103,708 which valued at 0.39 million.