For its first fiscal quarter (ending April 30), The Kroger Co. (NYSE: KR) has reported E.P.S. of $1.30 compared to $1.33 a year ago. E.P.S. were $2.95 for the latest four quarters through April 30 versus $3.51 for the same period a year ago.
Recent Price Action
The Kroger Co. (NYSE: KR) stock closed at $50.28 on 6/20/24 after a decline of -3.3%. Moreover, trading volume in this decline was exceptionally high at 315% of normal. The stock has declined -2.1% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
KR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Kroger Co has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kroger Co has a neutral Appreciation Score of 48 and a slightly positive Power Rating of 69, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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