Kroger Company (The)s in-depth stock price analysis indicates that the stock price has rallied 0.09% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 2.45% . Looking at the past 52 week period, the stock price is down -12.65% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Kroger Company (The) has a negative value of -9.78 compared to overall market performance. Kroger Company (The) (NYSE:KR) has tumbled 1.59% during the past week and has dropped 1.82% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.38%. Kroger Company (The) (NYSE:KR) has underperformed the index by 3.58% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Kroger Company (The) (NYSE:KR) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.01 points or 0.03% at $33.48 with 5,974,210 shares getting traded. Post opening the session at $33.5, the shares hit an intraday low of $33.175 and an intraday high of $33.67 and the price was in this range throughout the day. The company has a market cap of $31,408 million and the number of outstanding shares has been calculated to be 938,124,660 shares. The 52-week high of Kroger Company (The) (NYSE:KR) is $40.91 and the 52-week low is $28.71.
The Kroger Co Last issued its quarterly earnings results on Dec 1, 2016. The company reported $0.41 EPS for the quarter. Analyst had a consensus estimate of $0.41. The company had revenue of $26557.00 million for the quarter, compared to analysts expectations of $26367.41 million. The companys revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Piper Jaffray on Dec 14, 2016 to Neutral, Raises Price Target to $ 34 from a previous price target of $28 .The Kroger Co was Downgraded by Pivotal Research Group on Dec 2, 2016 to Hold, Lowers Price Target to $ 35 from a previous price target of $38 .
Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Michael Joseph Donnelly (Executive Vice President) sold 10,000 shares at 34.35 per share price.On Dec 8, 2016, Christopher T Hjelm (Executive Vice President) sold 15,120 shares at 33.25 per share price.On Dec 6, 2016, Oflen Mary Elizabeth Van (Vice President & Controller) sold 14,106 shares at 32.94 per share price.
Kroger Company is one of the larger grocery retailers in the United States. The company also manufactures and processes food for sale by its supermarkets. The company intends to develop new food and convenience store locations and will continue to assess existing stores as to possible replacement, remodeling, enlarging, or closing.