The Kroger Co. (KR)
NYSE: KR · IEX Real-Time Price · USD
57.05
+0.15 (0.26%)
Mar 28, 2024, 1:03 PM EDT - Market open
The Kroger Co. Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for The Kroger Co. stock have an average target of 55.5, with a low estimate of 46 and a high estimate of 64. The average target predicts a decrease of -2.72% from the current stock price of 57.05.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for The Kroger Co. stock from 10 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 5 | 4 | 4 | 3 | 3 | 3 |
Hold | 8 | 7 | 7 | 5 | 6 | 6 |
Sell | 1 | 1 | 1 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 15 | 13 | 13 | 9 | 10 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $60 → $62 | Buy | Maintains | $60 → $62 | +8.68% | Mar 28, 2024 |
Evercore ISI Group | Evercore ISI Group | Buy Maintains $62 → $64 | Buy | Maintains | $62 → $64 | +12.18% | Mar 26, 2024 |
Guggenheim | Guggenheim | Strong Buy Maintains $60 → $61 | Strong Buy | Maintains | $60 → $61 | +6.92% | Mar 19, 2024 |
Telsey Advisory Group | Telsey Advisory Group | Buy Reiterates $60 | Buy | Reiterates | $60 | +5.17% | Mar 19, 2024 |
Roth MKM | Roth MKM | Hold Reiterates $46 → $50 | Hold | Reiterates | $46 → $50 | -12.36% | Mar 12, 2024 |
Financial Forecast
Revenue This Year
153.40B
from 150.04B
Increased by 2.24%
Revenue Next Year
156.02B
from 153.40B
Increased by 1.71%
EPS This Year
4.47
from 2.98
Increased by 50.17%
EPS Next Year
4.55
from 4.47
Increased by 1.58%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 163.1B | 161.4B | 164.2B | 167.9B | 174.2B |
Avg | 153.4B | 156.0B | 160.6B | 164.2B | 170.9B |
Low | 143.6B | 146.4B | 152.6B | 155.7B | 162.6B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.7% | 5.2% | 5.3% | 4.5% | 6.1% |
Avg | 2.2% | 1.7% | 3.0% | 2.2% | 4.0% |
Low | -4.3% | -4.6% | -2.2% | -3.1% | -1.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 4.96 | 4.89 | 5.23 | 5.48 | 5.88 |
Avg | 4.47 | 4.55 | 5.00 | 5.24 | 5.77 |
Low | 4.06 | 3.45 | 4.54 | 4.74 | 5.49 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 66.3% | 9.3% | 15.0% | 9.7% | 12.2% |
Avg | 50.2% | 1.6% | 9.9% | 4.9% | 10.0% |
Low | 36.1% | -23.0% | -0.2% | -5.1% | 4.7% |
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.