Kroger Co. (KR): Uncovering A True Diamond In The Rough

Kroger Co. (NYSE:KR) currently has a daily average trading volume of 3.91M but it saw 4038030 shares traded in last market. With a market cap of 41.69B USD, the company’s current market price of $57.62 came rising about 2.11 while comparing to the previous closing price of $56.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $58.34 and as low as $42.10. In the recent trading on the day, stock has struck highest price mark of $56.19 while lowest mark touched by it was $57.705.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Exane BNP Paribas which initiated the stock as “Neutral” in its note to investors issued on October 18, 2024, recommending a price target of $56 for it. BMO Capital Markets upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on June 18, 2024 while assigning a price target range of $58-$60. Wells Fargo issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $58 and $65.

Over the week, KR’s stock price is moving 1.71% up while it is 2.78% when we observe its performance for the past one month. Year-to-date it is 26.06% up and over the past year, the stock is showing an upside performance of 33.01%.

Currently, Kroger Co.’s total number of outstanding shares is 720.00M. Company’s return on investment (ROI) stands at 8.94% and return on equity (ROE) at 23.97%. It has a price to earnings ratio (P/E ratio) of 15.08 while having a 12.58 of forward P/E ratio. Stock’s beta reads 0.47. Stock has a price to book (P/B) ratio of 3.33 while price to sale or P/S ratio amounts to 0.28. Its return on asset (ROA) is 5.46% on average.