Analysts See $0.38 EPS for The Kroger Co. (KR)

September 8, 2018 - By Victoria Pittman

The Kroger Co. (NYSE:KR) LogoInvestors sentiment decreased to 0.86 in Q1 2018. Its down 0.04, from 0.9 in 2017Q4. It dropped, as 83 investors sold The Kroger Co. shares while 232 reduced holdings. 73 funds opened positions while 199 raised stakes. 632.13 million shares or 0.63% less from 636.15 million shares in 2017Q4 were reported.
Gulf International National Bank & Trust (Uk) Ltd stated it has 276,668 shares or 0.09% of all its holdings. Manchester Llc reported 4,506 shares or 0.02% of all its holdings. Moreover, Northwestern Mutual Wealth Management has 0% invested in The Kroger Co. (NYSE:KR) for 10,016 shares. Sumitomo Mitsui Asset Mngmt Co Limited holds 0.02% or 61,376 shares in its portfolio. Axa, a France-based fund reported 29,070 shares. 1.50 million were reported by Hexavest. Mirae Asset Glob Invs Limited has invested 0% in The Kroger Co. (NYSE:KR). Victory Mgmt stated it has 0.44% of its portfolio in The Kroger Co. (NYSE:KR). 60,164 are owned by Westpac Banking Corp. Monarch Mgmt Inc, Indiana-based fund reported 90,375 shares. Van Eck accumulated 0.01% or 66,403 shares. Fdx Advsrs holds 0.05% in The Kroger Co. (NYSE:KR) or 70,605 shares. Fjarde Ap reported 0.09% of its portfolio in The Kroger Co. (NYSE:KR). First Fiduciary Investment Counsel Inc invested in 446,910 shares. 302,260 are held by Commonwealth National Bank & Trust Of Aus.

Since March 8, 2018, it had 0 insider purchases, and 2 selling transactions for $484,607 activity. 3,800 The Kroger Co. (NYSE:KR) shares with value of $92,844 were sold by Foley Todd A. FIKE CARIN L had sold 4,000 shares worth $115,056 on Tuesday, July 3.

Analysts expect The Kroger Co. (NYSE:KR) to report $0.38 EPS on September, 13 before the open.They anticipate $0.01 EPS change or 2.56 % from last quarter’s $0.39 EPS. KR’s profit would be $302.73 million giving it 21.30 P/E if the $0.38 EPS is correct. After having $0.73 EPS previously, The Kroger Co.’s analysts see -47.95 % EPS growth. The stock decreased 0.58% or $0.19 during the last trading session, reaching $32.37. About 6.49 million shares traded. The Kroger Co. (NYSE:KR) has declined 15.83% since September 8, 2017 and is downtrending. It has underperformed by 28.40% the S&P500.

The Kroger Co. (NYSE:KR) Ratings Coverage

Among 11 analysts covering Kroger Company (NYSE:KR), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Kroger Company has $36.0 highest and $22.0 lowest target. $30.70’s average target is -5.16% below currents $32.37 stock price. Kroger Company had 15 analyst reports since March 9, 2018 according to SRatingsIntel. The company was maintained on Friday, March 9 by RBC Capital Markets. Jefferies maintained it with “Buy” rating and $33 target in Friday, June 22 report. Credit Suisse maintained the shares of KR in report on Friday, June 22 with “Outperform” rating. The stock of The Kroger Co. (NYSE:KR) earned “Neutral” rating by Bank of America on Friday, March 9. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, June 22. Stephens maintained The Kroger Co. (NYSE:KR) rating on Friday, March 9. Stephens has “Hold” rating and $22.0 target. The firm has “Buy” rating given on Monday, August 20 by Argus Research. Morgan Stanley maintained The Kroger Co. (NYSE:KR) rating on Friday, March 9. Morgan Stanley has “Equal-Weight” rating and $26.5 target. As per Thursday, June 21, the company rating was maintained by BMO Capital Markets. The firm has “Hold” rating given on Monday, June 25 by Pivotal Research.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company has market cap of $25.79 billion. It also makes and processes food for sale in its supermarkets. It has a 7.96 P/E ratio. The firm operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.

More important recent The Kroger Co. (NYSE:KR) news were published by: Seekingalpha.com which released: “Kroger: Doing The Right Things, But I Remain Cautious” on September 05, 2018, also Finance.Yahoo.com published article titled: “3 Earnings Reports to Watch Next Week”, Seekingalpha.com published: “Cautious On Kroger” on August 20, 2018. More interesting news about The Kroger Co. (NYSE:KR) was released by: 247Wallst.com and their article: “Walmart Is Latest to Get Into Grocery Delivery Business” with publication date: September 06, 2018.

The Kroger Co. (NYSE:KR) Institutional Positions Chart

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