The Kroger Co. (NYSE:KR) under comprehensive financial analysis presented as an active mover. Shares moved up 0.03% to trade at $28.70 in recent trading session. The firm has floated short ration of 1.44%, hold to candle to sentiment indicator of Short Ratio, which was 1.68.
Limelight under Ratio Analysis
The Kroger Co. (NYSE:KR) has noticeable price to earnings growth ratio of 2.25, which find it more attractive on the other stock that has lower PEG and vice versa. The firm price to earnings ratio calculated as 13.79. The co stands at price to sale ratio of 0.23 that signifies the value placed on each dollar of a firm’s sales or incomes; it is most relevant ratio to compare companies in similar sector. It has price to book ratio of 3.98, which gauges the market price of a share over its book value.
Finally, analysts shed their light over the KR price targets; maintaining price high target of 38 while at average the price target was 34.05 in contrast with the current price of 28.70. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.
So does the rankings given by analysts; let us highlight rankings table and we had 14 analysts recommending BUY ratings for current month and for previous month 14 stands on similar situation; while 9 for the current month as compared to 11 analyst recommending for HOLD from the pool for previous month. While 1 stands at overweight and 1 analyst gave Underweight and 2 out of pool consider it as Sell for current month. For the overall, consensus ratings were for Overweight.
The firm attains analyst recommendation of 2.40 on scale of 1-5. The co has price volatility of 1.71% for a week and 2.30% for a month. Narrow down focus to firm performance, its weekly performance was -0.38% and monthly performance was -13.97%. The stock price of KR is moving down from its 20 days moving average with -9.09% and isolated negatively from 50 days moving average with -12.40%.
The Kroger Co. (NYSE:KR) current ratio calculated as 0.80, this value is acceptable if it lies in 1.3% to 3%. But it varies industry to industry. To strengthen these views, active industry firm has Quick Ratio of 0.30, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 2.10, sometimes it remain same with long term debt to equity ratio.