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MarketScreener Homepage  >  Equities  >  Nyse  >  Kroger    KR

KROGER

(KR)
  Report
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Kroger : Close to a key resistance level

06/16/2020 | 09:03am EST
06/16/2020 | 09:03am EST
long trade
Target price hit
Entry price : 32.31$ | Target : 36.9$ | Stop-loss : 30.4$ | Potential : 14.21%
Kroger shares are trading close to a major resistance level. Given the share's technical chart pattern, investors could anticipate that this resistance zone will be broken which could lead to new upside potential.
Investors have an opportunity to buy the stock and target the $ 36.9.
Kroger : Kroger : Close to a key resistance level
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
  • The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.3 for the 2021 fiscal year.
  • The company's attractive earnings multiples are brought to light by a P/E ratio at 11.39 for the current year.
  • For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
  • For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
  • The tendency within the weekly time frame is positive above the technical support level at 26.86 USD

Weaknesses
  • Stock prices approach a strong long-term resistance in weekly data at USD 33.34.
  • The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
  • The company has insufficient levels of profitability.

© Zonebourse.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 132 B - -
Net income 2021 2 710 M - -
Net Debt 2021 13 407 M - -
P/E ratio 2021 9,02x
Yield 2021 2,11%
Capitalization 25 048 M 25 048 M -
EV / Sales 2021 0,29x
EV / Sales 2022 0,30x
Nbr of Employees 435 000
Free-Float 40,1%
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 36,06 $
Last Close Price 32,32 $
Spread / Highest target 33,0%
Spread / Average Target 11,6%
Spread / Lowest Target -19,6%
EPS Revisions
Managers
NameTitle
W. Rodney McMullen Chairman & Chief Executive Officer
Michael Joseph Donnelly Chief Operating Officer & Executive Vice President
Gary Millerchip Chief Financial Officer & Senior Vice President
Yael Cosset Chief Information Officer & Senior Vice President
Bobby S. Shackouls Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
KROGER11.49%25 048
SYSCO CORPORATION-16.20%36 511
WOOLWORTHS GROUP LIMITED4.42%35 027
TESCO PLC-10.78%29 551
AHOLD DELHAIZE N.V.5.76%29 501
AEON CO., LTD.40.19%25 623