20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Ratings for Kroger (NYSE:KR) were provided by 13 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 7 | 4 | 1 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 3 | 0 | 1 | 0 |
| 2M Ago | 0 | 3 | 4 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $58.0, a high estimate of $65.00, and a low estimate of $48.00. This upward trend is evident, with the current average reflecting a 8.61% increase from the previous average price target of $53.40.
Interpreting Analyst Ratings: A Closer Look
A comprehensive examination of how financial experts perceive Kroger is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Edward Kelly | Wells Fargo | Raises | Overweight | $65.00 | $58.00 |
| Andrew Gwynn | Exane BNP Paribas | Announces | Underperform | $48.00 | - |
| Joseph Feldman | Telsey Advisory Group | Raises | Outperform | $62.00 | $60.00 |
| Michael Montani | Evercore ISI Group | Raises | Outperform | $64.00 | $62.00 |
| John Heinbockel | Guggenheim | Raises | Buy | $61.00 | $60.00 |
| Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $60.00 | - |
| Bill Kirk | Roth MKM | Raises | Neutral | $50.00 | $46.00 |
| Kelly Bania | BMO Capital | Raises | Market Perform | $58.00 | $46.00 |
| Michael Montani | Evercore ISI Group | Raises | Outperform | $62.00 | $55.00 |
| Edward Kelly | Wells Fargo | Raises | Equal-Weight | $59.00 | $50.00 |
| Joseph Feldman | Telsey Advisory Group | Raises | Outperform | $60.00 | $55.00 |
| Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $55.00 | - |
| Edward Kelly | Wells Fargo | Raises | Equal-Weight | $50.00 | $42.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kroger. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kroger compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Kroger's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Kroger's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Kroger analyst ratings.
Get to Know Kroger Better
Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company touts its ingrained position across US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its 33 food production plants. The firm also operates fuel stations and pharmacies at 60% and 80% of its locations, respectively.
Financial Milestones: Kroger's Journey
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Kroger showcased positive performance, achieving a revenue growth rate of 6.44% as of 31 January, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Kroger's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 1.94%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Kroger's ROE excels beyond industry benchmarks, reaching 6.29%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Kroger's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.41% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Kroger's debt-to-equity ratio is below the industry average at 1.66, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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