Buzzing Stock: Kroger Co (NYSE:KR)


As per the research groups listed in Thomson Reuters survey, Kroger Co (NYSE:KR), the stock can touch mean price target of $39.9100 in coming period. This price target highlights the recommendations of leading experts in the market.

Thomson Reuters studies the brokerages research reports to reach this price target. The latest poll indicate that the company may record earnings of $0.4600 per share in looming quarter and $2.2200 during current fiscal.

Technical Forecast

While evaluating Kroger Company (The) Common Sto on the technical side, it is seen that the firm’s shares price is trading $-3.1564 points away or -8.8783% from its 50-day moving average of $35.5520. Further it is trading $-4.2790 or -11.6675% away its 200-day moving average of $36.6746. MA here stands for moving average.

Kroger Co (NYSE:KR) stock made a high of $42.7500 in last 12-months while the lowest level in same period was $27.3200. It entails if stock price makes a movement of over $-10.3544, it will make a new 52-week high. In the case of +18.5783% decline, it will touch a new 52-week low.

Valuation Level

The valuation of Kroger Company (The) Common Sto is done by analysts by using price-to-earnings ratio. This ratio considers the latest price and profits for valuating a stock. The ratio is calculated by dividing stock price by annual EPS. For now, Kroger Co (NYSE:KR) P/E ratio is 15.1594. The stakeholders can further gauge a firm’s performance by calculating Price-to-Earnings-Growth ratio, and for Kroger Company (The) Common Sto it stands at 1.5800.

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