The Kroger Co. (NYSE: KR) has reported E.P.S. of $1.01 for its fourth fiscal quarter (ending January 31) versus $0.62 for the same period a year ago. E.P.S. were $2.99 for the latest four quarters through January 31 versus $3.10 for the same period a year ago.
Recent Price Action
On 3/7/24, The Kroger Co. (NYSE: KR) stock enjoyed a very large increase of 9.9%, closing at $55.48. Moreover, trading volume in this advance was exceptionally high at 360% of normal. The stock has risen 14.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, KR is expected to continue to be a major Value Builder.
Kroger Co has a current Value Trend Rating of C (Neutral). With this rating, PTR's two proprietary measures of a stock's current attractiveness are providing highly consistent signals. Kroger Co has a neutral Appreciation Score of 53 and a neutral Power Rating of 49, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.