Kroger Co (NYSE: KR) is -2.01% lower on its value in year-to-date trading and has touched a low of $44.48 and a high of $63.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KR stock was last observed hovering at around $59.49 in the last trading session, with the day’s gains setting it 0.43%.
Currently trading at $59.92, the stock is -1.76% and -0.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.0 million and changing 0.72% at the moment leaves the stock 7.79% off its SMA200. KR registered 30.69% gain for a year compared to 6-month gain of 14.97%. The firm has a 50-day simple moving average (SMA 50) of $59.8704 and a 200-day simple moving average (SMA200) of $55.57355.
The stock witnessed a -2.30% loss in the last 1 month and extending the period to 3 months gives it a 8.24%, and is -1.15% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.20% over the week and 2.04% over the month.
Kroger Co (KR) has around 414000 employees, a market worth around $43.36B and $149.88B in sales. Current P/E ratio is 15.86 and Fwd P/E is 12.57. Profit margin for the company is 1.83%. Distance from 52-week low is 34.71% and -5.77% from its 52-week high. The company has generated returns on investments over the last 12 months (6.57%).
with sales reaching $34.87B over the same period.The EPS is expected to shrink by -6.68% this year, but quarterly earnings will post -1.47% year-over-year. Quarterly sales are estimated to shrink -5.91% in year-over-year returns.
Kroger Co (KR) Top Institutional Holders
1612.0 institutions hold shares in Kroger Co (KR), with institutional investors hold 81.75% of the company’s shares. The shares outstanding are 724.00M, and float is at 717.78M with Short Float at 6.77%. Institutions hold 75.49% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 81.23 million shares valued at $4.06 billion. The investor’s holdings represent 11.2659% of the KR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 61.78 million shares valued at $3.08 billion to account for 8.5685 of the shares outstanding. The other top investors are BERKSHIRE HATHAWAY INC which holds 50.0 million shares representing 6.9348% and valued at over $2.5 billion, while STATE STREET CORP holds 4.2922 of the shares totaling 30.95 million with a market value of $1.55 billion.
Kroger Co (KR) Insider Activity
The most recent transaction is an insider sale by Foley Todd A, the company’s Senior VP & Interim CFO. SEC filings show that Foley Todd A sold 16,932 shares of the company’s common stock on Dec 19 ’24 at a price of $61.44 per share for a total of $1.04 million. Following the sale, the insider now owns 53782.0 shares.
Kroger Co disclosed in a document filed with the SEC on Dec 12 ’24 that Aitken Stuart (Senior Vice President) sold a total of 132,627 shares of the company’s common stock. The trade occurred on Dec 12 ’24 and was made at $63.18 per share for $8.38 million. Following the transaction, the insider now directly holds 0.22 million shares of the KR stock.
Still, SEC filings show that on Dec 10 ’24, COSSET YAEL (Senior Vice President and CIO) disposed off 20,000 shares at an average price of $58.39 for $1.17 million. The insider now directly holds 144,620 shares of Kroger Co (KR).
