The Kroger Co. (KR)
NYSE: KR · IEX Real-Time Price · USD
50.43
-0.13 (-0.26%)
At close: Jul 2, 2024, 4:00 PM
50.45
+0.02 (0.03%)
After-hours: Jul 2, 2024, 7:32 PM EDT
The Kroger Co. Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for The Kroger Co. stock have an average target of 55.64, with a low estimate of 46 and a high estimate of 65. The average target predicts an increase of 10.33% from the current stock price of 50.43.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for The Kroger Co. stock from 11 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 4 | 4 | 5 |
| Hold | 5 | 6 | 6 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $60 → $58 | Buy | Maintains | $60 → $58 | +15.01% | Jun 21, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $62 | Buy | Maintains | $62 | +22.94% | Jun 21, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $61 → $60 | Buy | Maintains | $61 → $60 | +18.98% | Jun 20, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $58 → $60 | Hold → Buy | Upgrades | $58 → $60 | +18.98% | Jun 18, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $62 | Buy | Maintains | $62 | +22.94% | Jun 17, 2024 |
Financial Forecast
Revenue This Year
153.16B
from 150.04B
Increased by 2.08%
Revenue Next Year
155.95B
from 153.16B
Increased by 1.82%
EPS This Year
4.56
from 2.96
Increased by 54.01%
EPS Next Year
4.68
from 4.56
Increased by 2.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 160.4B | 161.1B | 165.4B | 167.9B | 168.7B |
| Avg | 153.2B | 155.9B | 159.5B | 163.2B | 165.5B |
| Low | 143.0B | 145.1B | 148.5B | 153.9B | 157.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.9% | 5.2% | 6.1% | 5.2% | 3.3% |
| Avg | 2.1% | 1.8% | 2.3% | 2.3% | 1.4% |
| Low | -4.7% | -5.2% | -4.8% | -3.5% | -3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.71 | 5.04 | 5.24 | 5.34 | 5.13 |
| Avg | 4.56 | 4.68 | 4.78 | 5.08 | 5.04 |
| Low | 4.12 | 3.70 | 3.83 | 4.67 | 4.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 59.3% | 10.6% | 11.8% | 11.9% | 1.1% |
| Avg | 54.0% | 2.8% | 2.0% | 6.3% | -0.8% |
| Low | 39.1% | -18.9% | -18.2% | -2.1% | -5.6% |
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.