|Bid||21.54 x 1000|
|Ask||21.54 x 4000|
|Day's Range||21.50 - 21.96|
|52 Week Range||21.47 - 32.74|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||9.48|
|Forward Dividend & Yield||0.56 (2.56%)|
|1y Target Est||N/A|
Plant-based meat maker Beyond Meat Inc. said Wednesday it is launching its new Beyond Beef product later this week across the U.S. The Beyond Beef product is plant-based ground beef that is designed to taste and look like traditional ground beef. It will be available at stores, including Whole Foods , Alberstons, Kroger and Safeway, among others. Beyond Meat shares rose 4.3% in premarket trade. The stock is a stunning 502% above its early May IPO price of $25.
A strike by thousands of union workers at major Southern California supermarket chains would have a huge upside for non-union big box grocers and e-retailers but would likely disrupt other online grocery delivery services, industry experts said. "We know Amazon.com, Inc. (NASDAQ: AMZN) will not be impacted by a strike," said Bill Bishop, chief architect of Brick meets Click, a consultancy for grocery retailers and the consumer packaged goods industry. Members of the United Food and Commercial Workers (UFCW) union in Southern and Central California are voting this week on whether to authorize a strike.
As of June 21, Kroger (KR) was trading at a 12-month forward PE ratio of 9.9x. The company's forward valuation multiple has fallen 5.4% since its first-quarter results on June 20.
Kroger’s (KR) sales fell 1.2% to $37.25 billion in the first quarter, which ended on May 25. The company’s sales beat analysts’ forecast of $37.21 billion.
Kroger (KR) stock fell 2.2% on June 20—the day the company announced its results for the first quarter, which ended on May 25. The negative sentiment for the stock continued.
Despite green initiatives gravitating around recycling and sustainable packaging, the Atlanta-based beverage giant is still missing the mark, according to long-time critic Greenpeace.
Shares of McDonald's (MCD) have jumped 15% this year to outpace its industry's 10.5% climb. With this in mind, let's see what's next for the historic fast-food burger powerhouse...
Target (TGT) has taken steps that have improved prospects in a big way. The company's initiatives such as omni-channel capacities and emphasis on flexible format stores bode well.
Of the traditional grocers, we believe Kroger KR is uniquely positioned to defend its returns against a competitive onslaught that should intensify as Amazon AMZN , hard discounters, and mass merchandisers price aggressively to boost volume. The scale advantages emerge at a local and national level.
Based on The Kroger Co.'s (NYSE:KR) recently announced earnings update on 25 May 2019, analyst consensus outlook seem...
Lake County's expected continued growth will help generate business opportunities, say local experts. Cincinnati-based Kroger Co. (NYSE: KR) and UK-based online-only grocer Ocado Solutions are bringing a $63 million, 375,000-square-foot fulfillment center to Groveland, which would add 506 jobs with an average wage of $52,000 annually and $63 million in annual economic impact to the region. With economic development opportunities like that coming, four Lake County executives took part in Orlando Business Journal's Doing Business in Lake County panel discussion on June 21 at Bella Collina in Montverde to give more insights into the quickly expanding Central Florida county.
Kroger Co (NYSE: KR) shares slumped Friday after the grocery chain reported lackluster identical store sales that were below company expectations. Kroger said first-quarter core identical store sales were up 1.5% not accounting for fuel, nearly in-line with expectations on the Street but below the company’s guidance. Overall revenue did beat Street estimates, but first-quarter gross margins dropped 40 basis points year-over-year to 22.2%, mostly because of lower margins in pharmacy.
on Thursday reported fiscal first-quarter earnings just ahead of analysts' forecasts amid improving sales of its Kroger-branded products, though not enough to impress shareholders, who pushed the stock lower. The Cincinnati-based grocery store chain reported adjusted net income of $586 million, or 72 cents a share, vs. $626 million, or 73 cents a share, in the comparable year-earlier quarter.
Kroger earnings and sales fell slightly in Q1, better than expected, as the pure-play grocer's digital sales grew 42%. But Kroger stock fell slightly but off early lows.
The S&P 500 gapped up to new all-time highs on Thursday, but quickly found responsive sellers up at that level. That's not too surprisingly, although it did sap some of wind from the bulls' sails. The question now is, will longs step up and continue buying or will we top out yet again near current levels? Top Stock Trades for Tomorrow 1: S&P 500 Click to EnlargeThe chart shows the S&P 500 banging its head up against the 2,950 level, while investors can also use the SPDR S&P 500 ETF (NYSEARCA:SPY) to follow the index if they prefer.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's crazy to think about the market we've had over the past nine or ten months. And amid all that drama -- trade wars, rate hikes, a 20% selloff in Q4 -- the SPX is right back to where it was in September. * 6 Stocks Ready to Bounce on a Trade Deal For me, it's hard to imagine that we end yesterday's Fed day stable (and still up big over the past two days), then gap up to new all-time highs today, only to see the whole thing fall apart. That doesn't mean we can't see some selling pressure up here or that a pullback won't happen.It's only to say that the market has had enough time to digest the Fed's comments to decide whether its good or bad for stocks. So far, they're voting that it's good. Let's see how we end the week and whether a triple top ends the run or if 3,000 on the S&P 500 is possible. Top Stock Trades for Tomorrow 2: General Electric Click to EnlargeGeneral Electric (NYSE:GE) is breaking out, as the stock continues to push higher and is technically through resistance. It's now above $10.50, a level we've been watching closely in the name. If this level again acts as resistance, see that the stock doesn't fall below its 200-day moving average. If it holds $10 and its 20-day moving average, all the better.From here though, let's see if $10.50 can turn from resistance into support. Staying above this mark could pave the way to $11.25+ now. Especially considering that the stock is not yet overbought. Top Stock Trades for Tomorrow 3: Netflix Click to EnlargeThe setup above may look familiar in Netflix (NASDAQ:NFLX). That's because not all that long ago we called NFLX a buy at $340 range support.Shares have since rallied $26 apiece and pushed through both the 20-day and 50-day moving averages, as well as short-term downtrend resistance (blue line). If it can clear $370, $380 range resistance is possible. Below $355 -- the 20-day -- and a retest of $340 range support is back on the table.Keep it simple, until NFLX stock makes it harder. Top Stock Trades for Tomorrow 4: Kroger Click to EnlargeShares of Kroger (NYSE:KR) are down about 2% after the company reported earnings, as this name continues its unhealthy trend lower.Not only is the 10-week moving average acting as clear resistance, but shares remain stuck in a clear trend. Short-term downtrend resistance (blue line) continues to squeeze KR lower, while longer term resistance (purple lines) isn't doing Kroger any favors either.Now what?$23 has proven to be a key level. Below this and channel support just below this week's lows are on the table. Below that and KR could fall into no man's land, with multi-year lows lingering between $19 and $20. If it holds, a retest of the 10-week moving average is on the table. Over the 10-week moving average and downtrend resistance, and KR can garner some upside momentum. Top Stock Trades for Tomorrow 5: Gold Click to EnlargeInterestingly, gold is making a powerful move to multi-year highs at the same time the stock market is. That's as the Fed appears set to cut rates in the not-too-distant future. That devalues the U.S. dollar and typically gives a boost to commodity prices.That's why the SPDR Gold Trust ETF (NYSEARCA:GLD) is bursting higher. It's also why we said Barrick Gold (NYSE:GOLD) could breakout, which is adding to its gains on Thursday. * Check Out These 5 Fast-Growing Stocks to Buy Today So now what? I want to see GLD stock hold the $128 to $130 breakout range. For really patient investors, above $126 is still technically okay. Still, I'd rather see it hold a multi-year breakout level rather than just a 2019 breakout level. Over $130 and more gains are possible.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 * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post 5 Top Stock Trades for Friday: SPY, GE, NFLX, Gold appeared first on InvestorPlace.