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.

KR was given price targets by several analysts. The most optimistic analyst gave a price target of 34, implying a possible profit of 41.96 percent. The most pessimistic analyst gave a price target of 20, which equates to a potential downside of -16.49 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.25 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -15.8 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.25 percent, compared to last month. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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.

The growth rate of KR's earnings is estimated by analysts to be 20.94 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of KR is 0.69.

KR has a 52-week high of 36.44 and a 52-week low of 20.46. Today's price is 17.06 percent above the 52-week low, and 34.28 percent below the high. KR has a P/E 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 market cap of KR is $21.29 billion. KR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.