The Kroger Co. (KR)
NYSE: KR · Real-Time Price · USD
59.22
+0.64 (1.09%)
Nov 22, 2024, 4:00 PM EST - Market closed
The Kroger Co. Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for The Kroger Co. stock have an average target of 58.58, with a low estimate of 48 and a high estimate of 72. The average target predicts a decrease of -1.08% from the current stock price of 59.22.
Analyst Consensus: Buy
* Price targets were last updated on Oct 9, 2024.
Analyst Ratings
The average analyst rating for The Kroger Co. stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $62 | Buy | Maintains | $62 | +4.69% | Oct 9, 2024 |
| Melius Research | Melius Research | Hold Initiates $55 | Hold | Initiates | $55 | -7.13% | Sep 23, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $58 → $59 | Buy | Maintains | $58 → $59 | -0.37% | Sep 13, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $62 → $63 | Buy | Maintains | $62 → $63 | +6.38% | Sep 13, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $57 → $58 | Hold | Maintains | $57 → $58 | -2.06% | Sep 13, 2024 |
Financial Forecast
Revenue This Year
153.50B
from 150.04B
Increased by 2.31%
Revenue Next Year
156.51B
from 153.50B
Increased by 1.96%
EPS This Year
4.58
from 2.96
Increased by 54.88%
EPS Next Year
4.72
from 4.58
Increased by 2.90%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 160.4B | 165.0B | 165.3B | ||
| Avg | 153.5B | 156.5B | 159.6B | ||
| Low | 145.1B | 147.2B | 148.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.9% | 7.5% | 5.6% | ||
| Avg | 2.3% | 2.0% | 2.0% | ||
| Low | -3.3% | -4.1% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.73 | 4.99 | 5.32 | ||
| Avg | 4.58 | 4.72 | 4.87 | ||
| Low | 4.19 | 3.70 | 3.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 59.6% | 8.8% | 12.8% | ||
| Avg | 54.9% | 2.9% | 3.2% | ||
| Low | 41.7% | -19.4% | -18.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.