Throughout the last three months, 14 analysts have evaluated Kroger KR, offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 8 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 2 | 4 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 3 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $63.07, a high estimate of $73.00, and a low estimate of $55.00. Witnessing a positive shift, the current average has risen by 4.85% from the previous average price target of $60.15.
Interpreting Analyst Ratings: A Closer Look
An in-depth analysis of recent analyst actions unveils how financial experts perceive Kroger. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $65.00 | $65.00 |
| Bill Kirk | Roth MKM | Raises | Neutral | $56.00 | $52.00 |
| Ken Goldman | JP Morgan | Raises | Overweight | $69.00 | $59.00 |
| Edward Kelly | Wells Fargo | Raises | Overweight | $70.00 | $65.00 |
| Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $65.00 | $65.00 |
| Kelly Bania | BMO Capital | Maintains | Market Perform | $60.00 | $60.00 |
| Rob Dickerson | Jefferies | Raises | Buy | $73.00 | $54.00 |
| Joseph Feldman | Telsey Advisory Group | Raises | Outperform | $65.00 | $62.00 |
| John Heinbockel | Guggenheim | Raises | Buy | $63.00 | $61.00 |
| Joseph Feldman | Telsey Advisory Group | Maintains | Outperform | $62.00 | $62.00 |
| Karen Short | Melius Research | Announces | Hold | $55.00 | - |
| Ken Goldman | JP Morgan | Raises | Overweight | $59.00 | $58.00 |
| Michael Montani | Evercore ISI Group | Raises | Outperform | $63.00 | $62.00 |
| Simeon Gutman | Morgan Stanley | Raises | Equal-Weight | $58.00 | $57.00 |
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: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kroger compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Kroger's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Kroger's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Kroger analyst ratings.
All You Need to Know About Kroger
Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company boasts an ingrained presence in US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its 33 food production plants. The firm also operates fuel stations and pharmacies at 60% and 80% of its locations, respectively.
Key Indicators: Kroger's Financial Health
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Decline in Revenue: Over the 3 months period, Kroger faced challenges, resulting in a decline of approximately -0.82% in revenue growth as of 31 October, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 1.84%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Kroger's ROE excels beyond industry benchmarks, reaching 4.86%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.09%, the company showcases effective utilization of assets.
Debt Management: Kroger's debt-to-equity ratio surpasses industry norms, standing at 2.31. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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