Peeling Back The Layers: Exploring Kroger Through Analyst Insights

Ratings for Kroger KR were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $51.8, along with a high estimate of $55.00 and a low estimate of $46.00. Observing a 0.92% increase, the current average has risen from the previous average price target of $51.33.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Kroger among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Kroger. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kroger compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Kroger's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Kroger's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Kroger analyst ratings.

All You Need to Know About Kroger

Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.

Unraveling the Financial Story of Kroger

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Kroger's revenue growth over a period of 3 months has faced challenges. As of 31 October, 2023, the company experienced a revenue decline of approximately -0.7%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Staples sector.

Net Margin: Kroger's net margin excels beyond industry benchmarks, reaching 1.9%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Kroger's ROE excels beyond industry benchmarks, reaching 5.92%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Kroger's ROA excels beyond industry benchmarks, reaching 1.28%. This signifies efficient management of assets and strong financial health.

Debt Management: Kroger's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.77.

Understanding the Relevance of Analyst Ratings

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.