The stock of Kroger Co (NYSE:KR) last traded at $60.89, down -0.46% from the previous session.
KR stock price is now 4.08% away from the 50-day moving average and 10.35% away from the 200-day moving average. The market capitalization of the company currently stands at $44.06B.
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With the price target enhanced from $54 to $73, Jefferies Upgraded its rating from Hold to Buy for Kroger Co (NYSE: KR). On December 03, 2024, BMO Capital Markets Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock keeping its target price maintained at $60, while ‘Telsey Advisory Group’ rates the stock as ‘Outperform’
In other news, Aitken Stuart, Senior Vice President sold 132,627 shares of the company’s stock on Dec 12 ’24. The stock was sold for $8,379,226 at an average price of $63.18. Upon completion of the transaction, the Senior Vice President now directly owns 217,523 shares in the company, valued at $13.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 10 ’24, Senior Vice President and CIO COSSET YAEL sold 20,000 shares of the business’s stock. A total of $1,167,880 was realized by selling the stock at an average price of $58.39. This leaves the insider owning 144,620 shares of the company worth $8.81 million. A total of 0.80% of the company’s stock is owned by insiders.
During the past 12 months, Kroger Co has had a low of $44.07 and a high of $63.59. As of last week, the company has a debt-to-equity ratio of 1.55, a current ratio of 0.87, and a quick ratio of 0.46. According to the stock market information, the enterprise value for the company is $63656681472, which is based on a 15.94 price-to-earnings ratio, a 2.90 price-to-earnings-growth ratio, and a beta of 0.47. The fifty day moving average price for KR is $58.4056 and a two-hundred day moving average price translates $55.1243 for the stock.
The latest earnings results from Kroger Co (NYSE: KR) was released for 2021-05-22. The net profit margin was 1.85% and return on equity was 23.97% for KR. The company reported revenue of $33.91 billion for the quarter, compared to $33.85 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.17 percent.
