Currently the stock is trading at a P/E of 36.1x for FY19E EPS, we recommend “BUY” rating on the stock with a target price of INR 1,700 representing an upside of 16.0%.
Kroger KR released its fourth quarter earnings this morning, posting a beat on our consensus of $0.54. The company actually posted EPS of $0.57 for the quarter, which represents a 5.56% beat on our consensus estimate. In spite of the …
Jay Taylor: Even if you don’t live in any of the 31 states in which Kroger Co. (NYSE:KR) does business, you’ve probably heard of at least one of its grocery store brands, such as Kroger, Ralphs, King Soopers, City Market, Owen’s, Baker’s ...
Shares of The Kroger Co. (KR) rose as much as 1.31% Thursday, reaching a high of $34.67 after the nation’s largest operator of traditional supermarkets announced plans to increase its dividend by 14%, while adding $500 million shares …
Kroger (KR) plans on sharing its earnings news on Thursday. Last quarter, the …
The Kroger Co. (NYSE: KR) dropped about 1.3% Monday to post a new 52-week low of $19.89 after closing at $20.15 on Friday. The stock’s 52-week high is $36.44. Volume of around 12 million was less than 10% below the daily average. …
The Kroger Co. KR is slated to release first-quarter fiscal 2016 results on Jun 16. The big question facing investors is, whether the company will be able to deliver a positive earnings surprise in the quarter to be reported. In the trailing four …
In a chat with ET Now, Deven Choksey, MD, KR Choksey Investment Managers, says focus would be banks like SBI …
For consumers, food deflation is a wonderful thing. Cheaper food means less spent at the grocery store. But for grocers, deflation can become a problem. Prices that fall too low will eat into revenues, even if the company sells more products. …