Stock To Watch: Kroger Co (NYSE:KR)


The leading market experts have placed a mean price target of $39.52 on Kroger Co (NYSE:KR) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.45 a share for the upcoming quarter and $2.21 for the current fiscal.

Technical View

The technical analysis of Kroger Company (The) Common Sto plainly substantiates that the 50-day moving average of Kroger Company (The) Common Sto is $34.27, and stock is trading $-1.89 points away or -5.52% from its 50-day moving average of $34.27. Further it is trading $-3.78 or -10.45% away its 200-day moving average of $36.16. Kroger Co (NYSE:KR) 52-week high is $42.75 and the 52-week low is $31.45.

This explains if the stock moves $-10.37, it will post a 52-week high. In event of +2.96% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Kroger Company (The) Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Kroger Co (NYSE:KR) ratio came in at 15.15.

The stock last ended the trading session at $32.38 and registered a market cap of $30.73B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Kroger Co (NYSE:KR) PEG ratio is at 1.60.

1 Chart Pattern Every Investor Should Know

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