Buy, Sell or Hold: Kroger Co. (KR-N) — Stock Predictions at Stockchase

NYSE:KR

40.23

0.93 (2.37%) 1d

Showing 1 to 15 of 68 entries

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PAST TOP PICK

(A Top Pick Nov 18/20, Up 21.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with KR has triggered its stop at $40. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover half the position, this results in a net investment return over 21%. We will monitor for another entry level in the future.

food stores

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PAST TOP PICK

(A Top Pick Nov 19/20, Up 38.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with KR is progressing well. We now recommend trailing up the stop (from $31) to $40. If triggered this would all but guarantee a investment return over 21%, when including the previous recommendation to cover half.

food stores

BUY

Many wrote off this major grocer a few quarters ago, citing that the reopening will end pantry stocking, but this name is up over 22% YTD. He expects good numbers when they report Thursday, but that said he prefers the biggest grocer, Walmart.

food stores

BUY

Many wrote off this supermarket chain a few quarters ago given the end of pantry stocking with the end of Covid. Since then, shares have risen 22% as this has benefitted a lot from inflation. It's also well-run. They report Thursday and he expects great numbers. That said, he prefers America's largest grocer, Walmart.

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DON'T BUY

They said a lot of good things on the recent investor day, though he's surprised the street didn't pay much attention. He likes this stock, but that said, he finds supermarkets now a questionable investment.

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COMMENT

This supermarket is a wild card. They have an analysts meeting on Wednesday. It thrived during lockdowns as people bought more groceries and couldn't dine out. But the stock is trading as if it'll benefit from the reopening. That could be right.

food stores

SELL

They report Thursday and there's some skepticism it can deliver a good quarter. Also, competition and labour costs may be too much for them.

food stores

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PAST TOP PICK

(A Top Pick Nov 19/20, Up 21.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with KR has achieved its objective of $40. To be disciplined, we recommend covering 50% of the position and trailing up the stop to $31 (just below the original recommended entry level).

food stores

BUY

He admits he underrated this, but the current CEO has restored his faith. A vaccine will push this up into the next phase.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly KR has been a laggard in the supermarket space, but it has now become good value relative to its peers. It trades at 10x PE compared to 31x in the sector. Earnings growth is estimated to be 49% this fiscal year. The company has invested in store remodels, new technology and is benefiting from higher margin pharmacies and fuel stations. Analysts estimate their net cash position has increased by over $2 billion in the past 12 months. It pays a good dividend backed by a 19% payout ratio. We would buy this with a $27 stop-loss, looking to achieve $40 -- over 20% upside. Yield 2.25% (Analysts’ price target is $36.30)

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HOLD

Lots of grocery stores have done well. Prefers Costco. If you hold KR, it will continue to benefit, but Costco is a one-stop-shop. Consumers don't want to traipse around to different stores.

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DON'T BUY

Grocers are tough, operating on skinny margins. You have big competition. WMT-N and AMZN-Q are big into grocery. He owns WMT-N.

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DON'T BUY

She would not buy into this space of US grocers. It looks cheap, but she would stay away. It might be somewhat recession proof, because of the lower cost metrics and people have to buy groceries. It is neither a growth or income stock, so she has no real interest.

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DON'T BUY

The pay a small dividend about 2-3%. The technicals suggest you stay away -- it is making lower highs consistently. Fundamentally, they are facing greater competition as is witnessed by the names on the trucks delivering groceries these days. Stay away.

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DON'T BUY

A serial dividend grower? Traditional grocery stores are threatened by Amazon and hard discounters (in the U.S.). The latter dominate Europe and are a rising threat in North America. He prefers Costco who have the lowest prices anywhere; they also have the best demographics of anyone selling groceries, the wealthy, which makes Costco very defensive/safe.

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Showing 1 to 15 of 68 entries

Kroger Co.(KR-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 9

Stockchase rating for Kroger Co. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Kroger Co.(KR-N) Frequently Asked Questions

What is Kroger Co. stock symbol?

Kroger Co. is a American stock, trading under the symbol KR-N on the New York Stock Exchange (KR). It is usually referred to as NYSE:KR or KR-N

Is Kroger Co. a buy or a sell?

In the last year, 9 stock analysts published opinions about KR-N. 6 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Kroger Co..

Is Kroger Co. a good investment or a top pick?

Kroger Co. was recommended as a Top Pick by on . Read the latest stock experts ratings for Kroger Co..

Why is Kroger Co. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Kroger Co. worth watching?

9 stock analysts on Stockchase covered Kroger Co. In the last year. It is a trending stock that is worth watching.

What is Kroger Co. stock price?

On 2021-10-22, Kroger Co. (KR-N) stock closed at a price of $40.23.

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