Kroger Co (NYSE: KR) has experienced a rise in its stock price by 0.07 compared to its previous closing price of 58.02. However, the company has seen a fall of -2.58% in its stock price over the last five trading days. zacks.com reported 2024-11-18 that In the latest trading session, Kroger (KR) closed at $58.06, marking a +0.07% move from the previous day.
Is It Worth Investing in Kroger Co (NYSE: KR) Right Now?
Kroger Co (NYSE: KR) has a price-to-earnings ratio that is above its average at 15.20x. The stock has a 36-month beta value of 0.46. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 6 as “overweight,” 14 as “hold,” and 1 as “sell.”
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The public float for KR is 717.69M, and at present, short sellers hold a 1.17% of that float. On November 19, 2024, the average trading volume of KR was 3.88M shares.
KR’s Market Performance
KR’s stock has seen a -2.58% decrease for the week, with a 2.71% rise in the past month and a 11.57% gain in the past quarter. The volatility ratio for the week is 1.44%, and the volatility levels for the past 30 days are at 1.68% for Kroger Co. The simple moving average for the past 20 days is 0.45% for KR’s stock, with a 7.89% simple moving average for the past 200 days.
Analysts’ Opinion of KR
Many brokerage firms have already submitted their reports for KR stocks, with Exane BNP Paribas repeating the rating for KR by listing it as a “Neutral.” The predicted price for KR in the upcoming period, according to Exane BNP Paribas is $56 based on the research report published on October 18, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see KR reach a price target of $60, previously predicting the price at $58. The rating they have provided for KR stocks is “Outperform” according to the report published on June 18th, 2024.
Wells Fargo gave a rating of “Overweight” to KR, setting the target price at $65 in the report published on April 16th of the current year.
KR Trading at 2.74% from the 50-Day Moving Average
After a stumble in the market that brought KR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.79% of loss for the given period.
Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 1.44%, as shares surge +3.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.72% upper at present.
During the last 5 trading sessions, KR fell by -2.58%, which changed the moving average for the period of 200-days by +25.83% in comparison to the 20-day moving average, which settled at $57.80. In addition, Kroger Co saw 27.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KR starting from Nichols Brian W, who sale 6,922 shares at the price of $55.80 back on Oct 07 ’24. After this action, Nichols Brian W now owns 14,063 shares of Kroger Co, valued at $386,248 using the latest closing price.
Jabbar Valerie L., the Senior Vice President of Kroger Co, sale 3,000 shares at $55.91 during a trade that took place back on Sep 23 ’24, which means that Jabbar Valerie L. is holding 74,084 shares at $167,730 based on the most recent closing price.
Stock Fundamentals for KR
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.21 for the gross margin
The net margin for Kroger Co stands at 0.02. The total capital return value is set at 0.13. Equity return is now at value 23.97, with 5.46 for asset returns.
Based on Kroger Co (KR), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.54. The debt to equity ratio resting at 0.88. The interest coverage ratio of the stock is 11.46.
Currently, EBITDA for the company is 7.04 billion with net debt to EBITDA at 2.13. When we switch over and look at the enterprise to sales, we see a ratio of 0.39. The receivables turnover for the company is 69.89for trailing twelve months and the total asset turnover is 2.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.87.
Conclusion
To sum up, Kroger Co (KR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
