KR Stock Summary and Trading Ideas (Kroger Company | NYSE:KR)

Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company boasts an ingrained presence in US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its own food production plants. The firm also operates fuel stations and pharmacies at 60% and 80% of its locations, respectively.

Kroger Company trades on the NYSE stock market under the symbol KR.

As of December 27, 2024, KR stock price declined to $62.34 with 2,960,971 million shares trading.

KR has a beta of 0.23, meaning it tends to be less sensitive to market movements. KR has a correlation of 0.02 to the broad based SPY ETF.

KR has a market cap of $45.10 billion. This is considered a Large Cap stock.

Last quarter Kroger Company reported $34 billion in Revenue and $.98 earnings per share. This fell short of revenue expectation by $-566 million and met earnings estimates .

In the last 3 years, KR traded as high as $63.59 and as low as $41.82.

The top ETF exchange traded funds that KR belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

KR has outperformed the market in the last year with a price return of +40.6% while the SPY ETF gained +26.4%. KR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +10.9% and +0.5%, respectively, while the SPY returned +4.5% and -1.2%, respectively.

KR support price is $61.71 and resistance is $63.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KR shares will trade within this expected range on the day.