The Kroger Co. (NYSE:KR) registered a -1.13% decrease, still its new closing price is 16.63% up from the company’s 1 year high of 40.49.It posted -2.14% losses in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 1 sells versus 9 buy or better ratings. The 25 stock analysts following this company have an average price target at $36.00, with individual PT in the $25.00-$44.00 range. The shares moved at $33.36, implying that brokerage firms see shares losing about -10.61% in twelve months time.
The Kroger Co. (KR) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -3.33% fall year to date. A Executive Vice President at The Kroger Co. (KR) offloaded shares in a transaction closed on Tuesday December 13, 2016. DONNELLY MICHAEL JOSEPH sold 10,000 shares in the company at $34.35 each and collected $343,001 in proceeds. DONNELLY MICHAEL JOSEPH now owns 228,660 shares in the company after this transaction. A Executive Vice President in the company, HJELM CHRISTOPHER T, disclosed a transaction on Wednesday December 07, 2016 that ended up generating $502,001 from the sale of 15,120 shares at $33.25 per share.
The Kroger Co. (NYSE:KR) Upcoming Results on Tap
The Kroger Co. will next provide financial results for the April 2017 quarter. Stock analysts expect it to report per-share earnings of $0.71 in that period. Sales during the quarter are predicted to arrive at $36.1 billion.
Earnings surprise history: Last quarter, the company posted approximately $26.56 billion in revenue and EPS of $0.41. The mean forecast was for $26.34 billion and $0.41 a share, respectively. One quarter earlier, revenue for the stock was at $26.57 billion, with earnings at $0.47/share.
The Kroger Co. (KR) Brokerage Update
The Kroger Co. (KR) is in Piper Jaffray’s research list so their analyst rating change is noteworthy. These shares were upgraded to Neutral from Underweight by Piper Jaffray, according to news reported on Wednesday December 14, 2016.Another important research note was issued by Pivotal Research Group on Friday December 02, 2016.The firm downgraded KR to Hold from Buy. Over the last six months and over the last three months, the shares of The Kroger Co. (KR), have changed -2.30% and 8.36%, respectively.