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 most pessimistic analyst gave a price target of 20, which equates to a potential downside 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. The average change in earnings estimates over the last 90 days 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. Over the past month, 0 analysts increased their quarterly estimates, while 4 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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 traded between a high of 36.44 and a low of 20.46 over the past year. 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 stock has a market capitalization of $21.29 billion. KR will post this quarters earnings in days, on 0000-00-00.