The Kroger (KR) to Release Quarterly Earnings on Thursday
The Kroger (NYSE:KR) will announce its Q214 earnings results on Thursday, June 19th. Analysts expect the company to announce earnings of $1.05 per share and revenue of $32.59 billion for the quarter.
The Kroger (NYSE:KR) opened at 46.89 on Wednesday. The Kroger has a 52 week low of $32.83 and a 52 week high of $48.56. The stock’s 50-day moving average is $46.9 and its 200-day moving average is $42.3. The company has a market cap of $23.950 billion and a P/E ratio of 16.23.
KR has been the subject of a number of recent research reports. Analysts at Oppenheimer initiated coverage on shares of The Kroger in a research note on Monday, June 2nd. They set an “outperform” rating and a $55.00 price target on the stock. On the ratings front, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of The Kroger in a research note on Thursday, May 22nd. They now have a $53.00 price target on the stock, up previously from $48.00. Finally, analysts at Ned Davis Research upgraded shares of The Kroger from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $44.22.
The Kroger Co is a retailer in the United States. The Company also manufactures and processes some of the food for sale in its supermarkets.
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