Kroger (NYSE:KR) Releases FY25 Earnings Guidance

Kroger (NYSE:KR) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $4.30-4.50 for the period, compared to the consensus EPS estimate of $4.44.

Kroger Trading Down 0.1 %

NYSE KR opened at $50.21 on Friday. Kroger has a twelve month low of $42.10 and a twelve month high of $58.34. The business’s fifty day moving average is $53.65 and its 200 day moving average is $50.71. The company has a quick ratio of 0.36, a current ratio of 0.86 and a debt-to-equity ratio of 0.97. The company has a market cap of $36.24 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 1.90 and a beta of 0.43.

Kroger (NYSE:KR) last released its quarterly earnings results on Thursday, June 20th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.10. The company had revenue of $45.27 billion for the quarter, compared to analysts’ expectations of $44.86 billion. Kroger had a return on equity of 29.89% and a net margin of 1.43%. During the same period in the previous year, the business posted $1.51 earnings per share. The business’s quarterly revenue was up .2% compared to the same quarter last year. As a group, sell-side analysts expect that Kroger will post 4.43 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on KR. BNP Paribas restated an underperform rating and issued a $48.00 price objective on shares of Kroger in a report on Monday, April 8th. Wells Fargo & Company raised Kroger from an equal weight rating to an overweight rating and increased their price target for the company from $58.00 to $65.00 in a research note on Tuesday, April 16th. BMO Capital Markets raised Kroger from a market perform rating to an outperform rating and lifted their price objective for the stock from $58.00 to $60.00 in a research note on Tuesday. Telsey Advisory Group restated an outperform rating and set a $62.00 price target on shares of Kroger in a report on Monday, June 17th. Finally, Evercore ISI reduced their price objective on shares of Kroger from $61.00 to $60.00 and set an outperform rating on the stock in a research note on Thursday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of $56.20.

Insider Buying and Selling at Kroger

In related news, SVP Valerie L. Jabbar sold 15,000 shares of the business’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $55.52, for a total value of $832,800.00. Following the completion of the sale, the senior vice president now directly owns 77,696 shares of the company’s stock, valued at approximately $4,313,681.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Kroger news, CFO Todd A. Foley sold 6,616 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $55.69, for a total transaction of $368,445.04. Following the transaction, the chief financial officer now directly owns 46,958 shares in the company, valued at approximately $2,615,091.02. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Valerie L. Jabbar sold 15,000 shares of Kroger stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $55.52, for a total transaction of $832,800.00. Following the transaction, the senior vice president now directly owns 77,696 shares in the company, valued at $4,313,681.92. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 55,796 shares of company stock valued at $3,118,767. Corporate insiders own 1.40% of the company’s stock.

About Kroger

The Kroger Co operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.