Kroger (NYSE:KR – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 4.750-4.800 for the period, compared to the consensus earnings per share estimate of 4.780. The company issued revenue guidance of -.
Kroger Trading Down 0.6%
KR opened at $62.76 on Friday. The firm’s 50 day moving average is $66.43 and its 200-day moving average is $68.21. The firm has a market capitalization of $41.59 billion, a P/E ratio of 58.11, a P/E/G ratio of 1.84 and a beta of 0.58. Kroger has a 52-week low of $57.69 and a 52-week high of $74.90. The company has a quick ratio of 0.54, a current ratio of 0.88 and a debt-to-equity ratio of 2.28.
Kroger (NYSE:KR – Get Free Report) last issued its quarterly earnings data on Thursday, December 4th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02. The firm had revenue of $33.86 billion for the quarter, compared to analyst estimates of $34.27 billion. Kroger had a net margin of 0.54% and a return on equity of 38.06%. The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.98 EPS. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. Analysts expect that Kroger will post 4.44 EPS for the current fiscal year.
Kroger Announces Dividend
Analyst Ratings Changes
Several analysts recently issued reports on KR shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Kroger in a report on Monday. Argus set a $85.00 price target on shares of Kroger in a research report on Thursday, September 18th. Guggenheim reiterated a “buy” rating and issued a $78.00 price target on shares of Kroger in a research note on Wednesday, November 19th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $80.00 target price (down previously from $82.00) on shares of Kroger in a report on Monday, December 1st. Finally, Evercore ISI set a $77.00 price target on Kroger and gave the company an “outperform” rating in a report on Friday. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Kroger has an average rating of “Moderate Buy” and a consensus target price of $73.61.
Get Our Latest Research Report on Kroger
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. JPL Wealth Management LLC bought a new position in Kroger in the 3rd quarter worth approximately $31,000. Rakuten Securities Inc. grew its position in Kroger by 253.9% in the 2nd quarter. Rakuten Securities Inc. now owns 584 shares of the company’s stock valued at $42,000 after buying an additional 419 shares in the last quarter. WFA of San Diego LLC acquired a new position in Kroger during the 2nd quarter valued at about $50,000. Transamerica Financial Advisors LLC raised its position in shares of Kroger by 62.2% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 1,466 shares of the company’s stock worth $105,000 after buying an additional 562 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Kroger in the 2nd quarter worth approximately $130,000. Institutional investors own 80.93% of the company’s stock.
About Kroger
The Kroger Co operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.
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