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 highest price target was 34, implying a possible profit of 41.96 percent. The lowest price target was 20, implying a possible loss 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -15.8 percent. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

KR has an estimated earnings growth rate of 20.94 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of KR is 0.69.

KR has traded between a high of 36.44 and a low of 20.46 over the past year. 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 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's next earnings release will be on 0000-00-00, which is days away.