KR - The Kroger Co.
| Previous Close | 26.80 |
| Open | 26.90 |
| Bid | 27.31 x 3000 |
| Ask | 27.69 x 4000 |
| Day's Range | 26.86 - 27.57 |
| 52 Week Range | 20.70 - 30.40 |
| Volume | 9,391,879 |
| Avg. Volume | 8,170,625 |
| Market Cap | 22.037B |
| Beta (3Y Monthly) | 0.60 |
| PE Ratio (TTM) | 13.69 |
| EPS (TTM) | 2.01 |
| Earnings Date | Mar 5, 2020 - Mar 9, 2020 |
| Forward Dividend & Yield | 0.64 (2.39%) |
| Ex-Dividend Date | 2019-11-14 |
| 1y Target Est | 27.67 |
- Insider Monkey
Do Hedge Funds Love The Kroger Co. (KR)?
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]
- Zacks
3 Reasons Why Kroger (KR) Is a Great Growth Stock
Kroger (KR) could produce exceptional returns because of its solid growth attributes.
- GuruFocus.com
Kroger Misses 3rd-Quarter Earnings and Revenue Expectations
Online sales soared 21% year over year Continue reading...
- Zacks
Is Kroger (KR) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Benzinga
3 Analysts Debate Kroger's Stock Following Q3 Earnings
Kroger Co (NYSE: KR) reported Thursday third-quarter resultsthat fell short of expectations. Kroger reported quarterly earnings of 47 cents per share, which missed the analyst consensus estimate by a penny. Kroger's management could have done a better job of emphasizing several metrics which showcase an improving business, Wells Fargo analyst Edward Kelly wrote in a note.
- Thomson Reuters StreetEvents
Edited Transcript of KR earnings conference call or presentation 5-Dec-19 3:00pm GMT
Q3 2019 Kroger Co Earnings Call
- PR Newswire
Kroger Reports Third Quarter 2019 Results
Identical Sales without fuel grew 2.5% and digital sales grew 21% EPS of $0.32; Adjusted EPS of $0.47 which includes a $0.03 out of period charge
- InvestorPlace
5 Top Stock Trades for Friday: RH, DG, KR, BIIB
It was a sluggish day in the stock market on Friday, as investors gear up for a non-farm payrolls report on Friday and digest a rocky start to December. Let's look at a few top stock trades. Top Stock Trades for Tomorrow No. 1: RH Inc (RH)Source: Chart courtesy of StockCharts.comMan, what a blowout quarter it was for RH (NYSE:RH), formerly known as Restoration Hardware. The quarterly figures sent shares to new all-time highs, while the stock is working on its seventh straight monthly gain.After a double-digit one-day move, it's likely a bit late to start chasing the name now, but keep an eye on it going forward.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Stocks That Every 20-Year-Old Should Buy On a pullback, see if prior channel resistance (blue line) acts as support. Depending how it trades, the 20-day moving average may also represent a solid buying opportunity. This recent Warren Buffett buy is certainly a buy-the-dips candidates given how well it has moved this year. Top Stock Trades for Tomorrow No. 2: Dollar General (DG)Source: Chart courtesy of StockCharts.comDollar General (NYSE:DG) is working on slight gains after reporting earnings on Thursday. For now, the stock is giving investors a very measured level of risk.Simply put, DG is holding up at its prior gap-up level, the 100-day moving average and the backside of prior downtrend resistance (blue line). A break below this area -- call it $150 -- and DG could go on to fill its gap in the lower-$140s, technically speaking.If this area holds as support, look for a rebound up to the 50-day moving average. Above that and resistance near $162.50 may be on the table. Above that and the 52-week high of $166.98 is possible. Top Stock Trades for Tomorrow No. 3: Kroger (KR)Source: Chart courtesy of StockCharts.comUnlike DG, Kroger (NYSE:KR) is struggling after reporting its quarterly results. However, not all hope is lost with Thursday's decline.If Kroger stock can hold up over $26.50 -- essentially, the September high and recent support -- then reclaiming the 20-day moving average is possible. Should it rebound further, see if KR can hurdle $28 and break out to the upside.If Kroger can't hold $26.50, then we need to consider some downside targets. First is the 50-day moving average and uptrend support (blue line). If it goes below that, $25.50 is possible. Top Stock Trades for Tomorrow No. 4: Biogen (BIIB)Source: Chart courtesy of StockCharts.comMan, Biogen (NASDAQ:BIIB) has been a wild mover since October. But guess what? The stock has been in an amazing trading range -- one that saw its highs and lows tested on Thursday.One could certainly make the case that this is a "go with" trade on a break of either range support or resistance. That is, buying the breakout over resistance or selling the break below support.For traders that do take the trade though, be vigilant. This one is a wild mover with plenty of volatility. Top Stock Trades for Tomorrow No. 5: Signet Jewelers (SIG)Source: Chart courtesy of StockCharts.comSignet Jewelers (NYSE:SIG) ripped higher by more than 6% on Thursday, but resistance kept it in check.That came from both the $18 level and the declining 200-day moving average. Fortunately though, the setup is now pretty straightforward.A move over the 200-day triggers a long entry. The first upside target is Thursday's high. Above that and $21 is possible. Below $18, and support between $16 and $17 may be called upon. There it has the 20-day and 50-day moving averages, as well as uptrend support.Dip-buyers may feel comfortable nibbling on a decline into this area, but below uptrend support could send SIG stock to $15 or lower.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy That Dominated Thanksgiving Shopping * 6 Manufacturing Stocks to Buy as the Economy Recovers * The 7 Best Cryptocurrencies to Buy as Blockchain Heats Up The post 5 Top Stock Trades for Friday: RH, DG, KR, BIIB appeared first on InvestorPlace.
- Reuters
US STOCKS-Wall Street inches higher as Dec. 15 tariff deadline looms
Wall Street eked out slight gains on Thursday as investors waited for concrete news on a hoped-for interim trade deal between the United States and China before a new round of tariffs scheduled to kick in on Dec. 15. "Investors are trying to calibrate things," said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. Market participants appeared to shrug off the drama unfolding in Washington as the U.S. House of Representatives prepared to draft articles of impeachment against President Donald Trump.
- MarketWatch
U.S. stocks shrug off trade deal concerns, close higher
U.S. stocks bounce higher Thursday with investors still optimistic about prospects for a partial U.S.-China trade deal.
- Zacks
Fourth Quarter & 2020 Earnings Previews & Buy RH Stock at New Highs?
The latest U.S.-China trade war updates and some positive U.S. economic data. A dive into third quarter 2019 earnings and what to expect from Q4 and 2020. Plus, a look at why RH is a Zacks Rank 1 (Strong Buy) stock right now...
- American City Business Journals
Here’s what Kroger has learned from its free pickup test
Kroger launched a pilot program in early November testing free customer pickup of grocery orders, and it’s already seeing results.
- Reuters
REFILE-US STOCKS-Wall Street bides its time, awaiting news from trade front
Wall Street was largely unchanged on Thursday as market participants stayed on the sidelines, awaiting further developments in the hoped-for interim trade deal between the United States and China. The S&P 500 and the Dow were slightly higher and the Nasdaq nominally lower, their losses held in check by a rise in tech stocks. "We're on hold until we see what happens on the trade front," said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.
- Reuters
US STOCKS-Wall St dips as investors stay off big bets, eye developments on trade
U.S. stocks dipped on Thursday as declines in defensive sectors such as consumer staples overshadowed gains in technology stocks, while a lack of new developments in trade talks between Washington and Beijing kept investors on the sidelines. Wall Street's main indexes opened higher, extending gains from the previous session, but quickly lost steam in the first hour of trading. "There is no new news on the trade war and it's mostly that," said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas.
- Reuters
UPDATE 2-Kroger sales, earnings miss as competition hurts
U.S. supermarket chain Kroger Co missed Wall Street estimates for quarterly sales and profit on Thursday, hurt by stiff competition from industry stalwarts including Walmart Inc and Amazon.com Inc. Kroger's shares fell nearly 3% after the company said it wrote down its stake in Lucky's Market, a specialty grocery store chain that focuses on natural, organic and locally grown products. Cincinnati, Ohio-based Kroger has made heavy investments as part of its 'Restock Kroger' transformation program to grow online sales, improve delivery and modernize stores to gain market share over rivals.
- Zacks
Kroger (KR) Earnings Miss Estimates in Q3, Decline Y/Y
Kroger's (KR) third-quarter sales fell short of the Zacks Consensus Estimate. This was the second straight quarter of sales miss. Nonetheless, management forecast identical sales growth of 2-2.25% for fiscal 2019.
- Bloomberg
Kroger Needs to Pare Down Its Grocery List
(Bloomberg Opinion) -- It was never going to be easy for Kroger Co., the nation’s largest supermarket chain, to play defense at a moment of colossal change in the grocery business.That was apparent in its Thursday earnings report, in which revenue and adjusted earnings per share revenue came in slightly below analysts’ expectations, sending shares down. (On the bright side, comparable sales growth accelerated, increasing 2.5% from a year earlier.)The patchy results are the latest reason to doubt that this company is going to be able to transform itself for a more digital-centric future before it’s too late.At a presentation for analysts last month, CEO Rodney McMullen acknowledged that, two years into a three-year turnaround plan, the company has come up short. In particular, he said, “we asked our store associates to do too many things at once,” a reference to its efforts to remodel stores and make better use of shelf space while simultaneously ramping up its click-and-collect business.It is concerning that Kroger apparently has found it so difficult to do retailing battle on multiple fronts. After all, that is simply the reality of being a major brick-and-mortar chain these days, and key rivals seem to be managing it just fine.Target Corp. has renovated about 700 stores since 2017 and has also managed to roll out same-day delivery via Shipt and expand curbside pickup. In the latest quarter, 80% of its digital growth came from those and other same-day fulfillment options. Walmart Inc. has had similar success, developing an online grocery operation that is competitive with Amazon.com Inc.’s while also making physical stores cleaner and better-stocked.It’s not just that Kroger needs to be able to multitask. It also needs a better plan to win at online grocery.In a recent press release, Kroger proudly touted that, as a holiday season promotion, it would offer online grocery pickup for free and waive the usual $4.95 fee. Are shoppers seriously supposed to be impressed by that when pickup is always free at Walmart and Target? If Kroger can’t match that offering, it’s hard to see how it is going to fight effectively for digital grocery market share.Kroger’s biggest e-commerce bet is its partnership with Ocado Group Plc to build automated warehouses for grocery delivery. But those efficiencies will only matter if it can build a substantial base of online customers. And the cost of building these one-of-a-kind facilities, executives have said recently, is coming in higher than expected.In the meantime, Kroger continues to make head-scratching moves such as its foray into the world of so-called “dark kitchens,” or delivery-only food preparation facilities. Through a partnership with the cheekily named ClusterTruck, it announced this week, Kroger will experiment with on-demand delivery of prepared meals.This effectively puts the supermarket chain in competition for the diners that Grubhub, Doordash and Uber Eats are after. This category has enormous growth potential, so Kroger’s ambitions are understandable. But it’s also an area in which restaurant and technology companies have a head start and seem destined to outflank Kroger. And the whole venture seems like a distraction from the more pressing mission of shoring up its positioning in its core grocery business.Kroger’s three-year plan was underwhelming when it was unveiled two years ago, and since then the company hasn’t consistently impressed with its execution. Kroger is undoubtedly a busy company, but it’s not clear all the hustle is making it a better one.To contact the author of this story: Sarah Halzack at shalzack@bloomberg.netTo contact the editor responsible for this story: Michael Newman at mnewman43@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Barrons.com
Kroger Stock Is Falling After Its Earnings and Sales Missed Estimates
Kroger reported a profit of 47 cents a share, missing forecasts for 49 cents, on sales of $28 billion, below estimates for $28.2 billion.
- Reuters
US STOCKS-Wall Street dips on lack of fresh update on trade talks
Wall Street's main indexes dropped on Thursday, as investors stayed away from making riskier bets owing to a lack of new developments in U.S.-China trade talks. The three main stock indexes opened higher, extending gains from the previous session, but lost steam in the first hour of trading. "There is no new news on the trade war and it's mostly that," said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas.
- Zacks
Kroger (KR) Misses Q3 Earnings and Revenue Estimates
Kroger (KR) delivered earnings and revenue surprises of -2.08% and -0.33%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
- American City Business Journals
Kroger earnings miss estimates despite sales growth
Kroger Co. achieved another gain in same-store sales growth to its highest level in more than two years, but its earnings fell short of analysts’ estimates.
- Simply Wall St.
Is The Kroger Co. (NYSE:KR) Trading At A 35% Discount?
In this article we are going to estimate the intrinsic value of The Kroger Co. (NYSE:KR) by taking the expected future...
- MarketWatch
Kroger shares fall premarket after earnings fall short of expectations
Kroger Co. shares fell 2.3% in premarket trade Thursday, after the supermarket chain's third-quarter earnings fell short of estimates. The company said it had net income of $263 million, or 32 cents a share, in the quarter, down from $317 million, or 39 cents a share, in the year-earlier period. Adjusted per-share earnings came to 47 cents, below the 49 cents FactSet consensus. Sales rose to $27.9 billion from $27.8 billion, also below the $28.2 billion FactSet consensus. Same-store sales rose 2.5% to top the 2.3% FactSet consensus. The company said it has decided to sell its stake in Lucky's Market following a review of its portfolio and recognized a non-cash impairment charge of $238 million in the quarter, . The company is now expecting full-year adjusted EPS to range from $2.15 to $2.25. The FactSet consensus is for EPS of $2.20. Shares have gained 0.5% in 2019 through Wednesday, while the S&P 500 has gained 24%.
