The Kroger Co. (NYSE: KR) has reported earnings for its third fiscal quarter (ending October 31) of $0.85 versus $0.89 for the same period a year ago — a decline of -4%. For the latest four quarters through October 31, E.P.S. were $3.80 compared to $2.59 a year ago — an increase of 47%.
Recent Price Action
The Kroger Co. (NYSE: KR) stock closed at $60.71 on 12/5/24 after an increase of 1.3%. Moreover, unusually high trading volume at 196% of normal accompanied the advance. The stock is unchanged during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Kroger Co has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kroger Co has a neutral Appreciation Score of 50 and a neutral Power Rating of 58, leading to the Neutral Value Trend Rating.
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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