Analyst Ratings for Kroger Co. (KR)

Updated: 2017-07-28

Shares of Kroger Co. (NYSE:KR) have received a consensus rating of Overweight from Wall Street analysts. KR had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 9 analysts, 1 gave an overweight rating, 13 issued a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Today, there are 5 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for KR. The most optimistic analyst gave a price target of 34, which equates to a potential upside of 41.96 percent. The lowest price target was 20, implying potential capital losses of -16.49 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.25 percent. That number becomes -15.8 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.25 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -9.97 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 4 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

KR has an estimated earnings growth rate of 20.94 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. KR has a PEG ratio of 0.69.

In the trailing 52-weeks, KR hit 36.44 at the highest peak, while it's lowest trading point was 20.46. The current market price is above the trailing year's low by 17.06 percent, and 34.28 percent below the high. KR has a price/earnings ratio of 14.38. Investors typically compare the P/E ratio to a company's peers in the industry. The KR value stock report compares KR to some of its peers using value stock charts. The stock has a market capitalization of $21.29 billion. KR will post this quarters earnings in days, on 0000-00-00.