For its second fiscal quarter (ending July 31), The Kroger Co. (NYSE: KR) has reported E.P.S. of $0.64 compared to $-0.25 a year ago. For the latest four quarters through July 31, E.P.S. were $3.84 compared to $2.25 a year ago — an increase of 71%.
Recent Price Action
The Kroger Co. (NYSE: KR) stock enjoyed a very large increase of 7.2% on 9/12/24. The shares closed at $55.20. Moreover, exceptionally high trading volume at 235% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 3.4% during the last week.
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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kroger Co has a neutral Appreciation Score of 50 but a good Power Rating of 73, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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